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DIRECTOR DEALINGS: Darktrace CTO and outgoing Grafton CEO sell shares

Wed, 16th Nov 2022 15:29

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News:

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Darktrace PLC - Cambridge, England-based cybersecurity - Chief Technology Officer Jack Stockdale sells 397,960 shares at 368.8p and 396p, worth GBP1.6 million, on Thursday and Friday last week. Darktrace says disposal is "a single digit percentage" of Stockdale's total vested and unvested holding but doesn't provide his current stake.

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Grafton Group PLC - Dublin-based building materials firm - Chief Executive Officer Gavin Slark sells 150,000 shares at 817.93p, worth GBP1.2 million, on Monday. Slark is leaving Grafton at the end of the year to become CEO of fellow construction products firm SIG PLC. Eric Born is joining Grafton from aviation services provider Swissport International AG to be the new CEO.

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TBC Bank Group PLC - financial services in Georgia and Uzbekistan - Vakhtang Butskhrikidze, CEO of JSC TBC Bank, sells 45,000 shares at average GBP21.90, worth GBP985,681, on Tuesday.

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J Sainsbury PLC - London-based supermarket chain - Chief Information Officer Phil Jordan sells 100,000 shares at GBP2.14, worth GBP214,200, on Thursday last week.

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M&C Saatchi PLC - London-based advertising agency - Chair Gareth Davis buys 75,870 shares at GBP1.33 on Friday last week, while Non-Executive Director Lisa Gordon buys 50,000 shares at GBP1.40 on Tuesday. The purchases are worth GBP170,697 in total. Davis now has 178,590 shares, a 0.2% stake, and Gordon has 100,000.

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Whitbread PLC - Dunstable, England-based owner of Premier Inn chain - Mark Anderson, managing director of Property & International, and Sarah Anderson sell 5,500 shares in total at GBP25.46, worth GBP140,030 on Tuesday.

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Wizz Air Holdings PLC - Budapest-based budget airline - Independent Non-Executive Director Charlotte Andsager buys 4,000 shares at GBP22.77, worth GBP91,080, on Friday last week.

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Elixirr International PLC - London-based management consultancy - Non-Executive Director Simon Retter buys 12,621 shares at 515p, worth GBP64,998, on Thursday last week. Now has 368,833 shares, a 0.8% stake.

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Time Finance PLC - Bath, England-headquartered specialist finance provider - Non-Executive Director Ron Russell buys 344,821 shares at 17.4p, worth GBP59,999, on Friday last week. Now has 11.3 million shares, a 12% stake.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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6 Jun 2022 10:24

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20 May 2022 19:33

UPDATE: AdvancedAdvT will not increase bid for M&C Saatchi

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FTSE 100 rebounds on China optimism; THG surges after rejecting buyout bid

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20 May 2022 16:52

LONDON MARKET CLOSE: London ends tough week in green; New York lower

(Alliance News) - European equities ended a difficult week on the front foot, with an interest rate cut in China lifting the mood on Friday, but poor consumer confidence readings and another troubling US retail update underscored economic concerns which have blighted markets recently.

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20 May 2022 12:13

LONDON MARKET MIDDAY: China rate cut brightens end-of-week trading

(Alliance News) - The FTSE 100 in London was on course to post a weekly gain as the end of a rocky week saw sentiment perk up on news of an interest rate cut in China, contrasting with hawkish rhetoric - and rate hikes - from central banks in the US and Europe over recent months.

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20 May 2022 11:19

AIM WINNERS & LOSERS: M&C Saatchi soars on Next Fifteen buyout offer

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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20 May 2022 10:21

TOP NEWS: Next Fifteen joins M&C Saatchi takeover battle

(Alliance News) - Next Fifteen Communications Group PLC on Friday announced it has reached a cash-and-shares offer agreement with independent directors of M&C Saatchi PLC to buy the firm, amid a four-months long takeover attempt of M&C by AdvancedAdvT Ltd.

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20 May 2022 10:09

M&C Saatchi agrees to $390 million takeover by Next Fifteen

LONDON, May 20 (Reuters) - British advertising group M&C Saatchi has agreed a takeover by consultancy Next Fifteen Communications, which it said on Friday represented a better offer than one made by its biggest shareholder.

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20 May 2022 09:02

LONDON MARKET OPEN: China interest rate cut steadies investor nerves

(Alliance News) - European markets were on course for a strong end to an otherwise shaky week, with sentiment getting a shot in the arm from an interest rate cut in China.

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20 May 2022 09:01

M&C Saatchi agrees £310m takeover by Next Fifteen, shares surge

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LONDON BRIEFING: Next Fifteen steps into M&C Saatchi takeover battle

(Alliance News) - Digital marketing services firm Next Fifteen Communications on Friday muscled into the tussle over advertising agency M&C Saatchi by making a GBP310.1 million cash-and-shares offer.

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20 May 2022 07:44

LONDON MARKET PRE-OPEN: M&C Saatchi accepts Next Fifteen takeover bid

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20 May 2022 07:12

M&C agrees deal with Fifteen Communications

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IN BRIEF: AdvancedAdvT says hostile M&C Saatchi bid doesn't undervalue

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