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ULS Technology director sells shares to fund property investment

Mon, 18th Jan 2016 16:13

(ShareCast News) - ULS Technology's Nigel Hoath has cashed in £4.5m worth of shares to fund some property investment opportunities.In a statement to the market on Monday, the company revealed the non-executive director sold 10m shares at a price of 45p per share.It said he is still a "fully supportive member of the board" and confirmed he wouldn't sell any more shares in the company for at least six months.He still holds an 11.8% stake in the company.Chairman Peter Opperman picked up 45,000 of those shares, while fellow non-executive director Geoff Wicks picked up 22,000 shares.Top Director BuysULS Technology (ULS) Director name: Mr Peter Opperman Amount purchased: 45,000 @ 45.00p Value: £20,250Caledonia Mining Corporation (CMCL) Director name: Mr David Norval HendersonAmount purchased: 17,200 @ 42.01p Value: £7,226Top Director SellsULS Technology (ULS) Director name: Mr Nigel Hoath Amount sold: 10,000,000 @ 45.00p Value: £4,500,000Renew Holdings (RNWH) Director name: Mr Brian MayAmount sold: 228,560 @ 385.00p Value: £879,956Renew Holdings (RNWH) Director name: Mr John SamuelAmount sold: 171,440 @ 385.00p Value: £660,044
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