DIRECTOR DEALINGS: Scopia slims 16% Indivior stake as chair buys

Thu, 05th Aug 2021 15:29

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

----------

Imperial Brands PLC - Bristol-headquartered tobacco and smoking products - Non-Executive Director Robert Kunze-Concewitz buys 10,000 shares at GBP15.58, worth GBP155,837, on Thursday.

----------

Indivior PLC - Richmond, Virginia-based pharmaceuticals - Chair Graham Hetherington buys 29,220 shares at GBP1.71, worth GBP50,025, on Wednesday. Hetherington now has 79,220 shares. Meanwhile, Scopia Capital Management LP and Scopia Management Inc sells 122,386 shares at GBP1.72, worth GBP210,614, on Tuesday. Scopia had sold 184,219 shares on Monday. It has a stake of about 16%. Jerome Lande, a Scopia partner, represents Indivior's largest shareholder as a non-executive director.

----------

HSBC Holdings PLC - London-based bank - Surendra Rosha, co-chief executive of Asia Pacific and of Hongkong & Shanghai Banking Corp Ltd, buys 20,000 shares via spouse Batul Surendranath Rosha at HKD42.95, worth HKD859,000, about GBP79,350, on Tuesday.

----------

Centrica PLC - Windsor, England-based owner of British Gas - Chief Executive Chris O'Shea and Stacey O'Shea buy 88,050 shares in total at GBP0.46 and GBP0.47, worth about GBP40,900, on Wednesday.

----------

Morgan Advanced Materials PLC - Windsor, England-based industrial products manufacturer General Counsel Paul Boulton sells 7,200 shares at GBP4.01, worth GBP28,872, on Thursday.

----------

RWS Holdings PLC - Buckinghamshire, England-based language, content management and intellectual property support services - Chief Executive Officer Ian El-Mokadem buys 10,000 shares at 564p, worth GBP56,400, on Wednesday. El-Mokadem now has 50,000 shares. The former managing director for UK & Ireland at caterer Compass Group PLC joined RWS at the end of July.

----------

DWF Group PLC - Manchester-based law firm - Partner directors Seema Bains and Michele Cicchetti sell 262,746 and 184,999 shares, respectively, at GBP1.02 on Wednesday as part of a placing of 13.3 million shares, a 4.1% stake, at that price, worth GBP13.6 million, by DWF partners and employees.

----------

Chenavari Toro Income Fund Ltd - invests in structured credit markets and asset backed transactions - Portfolio Manager Frederic Couderc buys 2 million shares and Loic Fery, CEO of Chenavari Investment Managers, buys 3 million. Company doesn't provide the price or date of the purchase, saying only they were "recent" and at "market price". Shares currently quoted in London at EUR0.54, making the purchases worth EUR2.7 million. The fund has a market capitalisation of about EUR160 million.

----------

By Tom Waite; thomaslwaite@alliancenews.com