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Abcam CEO builds family holding

Thu, 10th Apr 2014 16:18

Protein research tool developer Abcam on Thursday said that the wife of its Chief Executive Officer (CEO), Jonathan Milner, purchased 18,000 shares. Roza Gounari spent 373p a share for a total of £67,140. The deal takes Milner's stake in the group to around 13.8% of the issued share capital. Just over a month ago the AIM-listed firm posted half-year results which showed sales growth slowing markedly as global research funding remained depressed. The life science research support services company took total revenues of £61.9m in the six months to end-December, growth of 8.1% that compared badly with the 28.3% increase seen in the corresponding period and the 25% growth enjoyed in the full year 2013 results. America's growth of 7.2% was a robust performance but was offset by weaker growth in Japan.With gross margin improving to 70.9%, adjusted operating profit increased by 4.8% to £22.8m.Top Director BuysAbcam (ABC) Director name: Mr Jonathan Simon MilnerAmount purchased: 18,000 @ 373.00p Value: £67,140Gaming Realms (GMR) Director name: Mr Michael BuckleyAmount purchased: 135,000 @ 21.00p Value: £28,350Gaming Realms (GMR) Director name: Mr Michael BuckleyAmount purchased: 65,000 @ 21.50p Value: £13,975Gaming Realms (GMR) Director name: Mr Michael BuckleyAmount purchased: 61,668 @ 21.50p Value: £13,259Synety Group (SNTY) Director name: Mr Paul Williams Amount purchased: 3,500 @ 328.45p Value: £11,496Top Director SellsJardine Matheson Holdings Ltd (Singapore Reg) (JAR) Director name: Mr E P K WeatherallAmount sold: 50,000 @ $62.15 Value: $3,107,705Digital Globe Services Ltd (DI) (DGS) Director name: Mr Anthony WatsonAmount sold: 30,762 @ 192.00p Value: £59,063InterQuest Group (ITQ) Director name: Mr Gary AshworthAmount sold: 25,000 @ 100.00p Value: £25,000NR

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