DIRECTOR DEALINGS: Cake Box CEO invests GBP275,000 after share dive

Thu, 01st Sep 2022 16:32

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

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Cake Box Holdings PLC - London-based egg-free cream cake seller - Chief Executive Officer Sukh Chamdal buys 225,000 shares at 121.85 pence, worth GBP274,163, on Wednesday. Chamdal now has 10.0 million shares, a 25% stake. Cake Box shares closed down 40% on Wednesday after warning that annual profit will be "significantly" below market forecasts, as it struggles to pass on higher costs to franchisees. The stock was up 13% late Thursday at 141.80p.

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Workspace Group PLC - London-based flexible office space provider - Chief Financial Officer Dave Benson buys 19,680 shares at 508.11p, worth GBP99,996, on Thursday.

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Nanoco Group PLC - Manchester-based developer and manufacturer of cadmium-free quantum dots for displays and electronics - Lombard Odier Asset Management (Europe) Ltd sells 245,000 shares at 42.00p, worth GBP102,900, on Tuesday. Lombard Odier had sold 5 million shares back in July. Nanoco Non-Executive Director Henry Turcan is a fund manager at Lombard Odier, which has a 23% stake.

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Touchstone Exploration Inc- Calgary, Alberta-based upstream oil and gas company active offshore Trinadad & Tobago - Non-Executive Director John Wright sells 82,434 shares at average CAD1.50, worth CAD123,598, about GBP81,325, on Monday, Tuesday and Wednesday in Toronto.

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By Tom Waite; thomaslwaite@alliancenews.com