LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.
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Cyan Holdings said Chairman John Cronin bought 54.5 million shares at a price of 0.1827 pence per share Thursday, in a purchase worth GBP99,572, while Chief Financial Officer Simon Smith bought 27.5 million shares at 0.189p each.
Cyan shares closed up 8.6% at 0.190p Thursday.
Following his transaction, Cronin holds 159.7 million shares, which represents 2.35% stake in the firm, and Smith holds 107.2 million shares or 1.58%.
Cyan Holdings on Tuesday had said its first half trading was in line with its expectations as it managed to continue the momentum seen at the end of its previous financial year.
Cyan, which makes mesh-based flexible wireless products for utility metering and lighting control, said it has continued to make progress in the first half on further commercialising its smart metering and lighting products.
"There were a number of significant developments during the period and we remain well placed to develop operations in all four continents that we operate in," Cronin said on Tuesday.
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Housebuilder Telford Homes said John Fitzgerald, an executive director, sold 50,000 shares on Wednesday at 424 pence per share. The sale was required to fulfill some personal financial commitments. Following this transaction, Mr Fitzgerald retains 232,718 shares in the company, representing 0.38% of the issued share capital. The stock closed at 417.75p, up 3.4% Thursday.
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Thalassa Holdings said Chairman Duncan Soukup bought 75,000 shares at a price of 51 pence per share Wednesday. He has bought a total of 325,000 shares since June 10. Following this transaction, Soukup holds around 3.4 million shares, which represents 13.9% of Thalassa's total voting rights. Shares in the geophysical project management group closed up 1.8% at 51.35p Thursday.
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Handbag maker Mulberry Group said Finance Director Roger Mather sold a total of 70,000 shares at a price of 900 pence per share between last Wednesday and Friday. The deal is worth GBP630,000 gross. Following this transaction, Mather's beneficial interest in the company consists of 113,687 Shares representing 0.19% of the shares in issue. Shares in the UK-based luxury fashion brand closed up 0.1% at 900.50p Thursday.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun
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4 Jul 2014 14:58