DIRECTOR DEALINGS SUMMARY: IntegraFin Founder Trims Share Sale Price

(Alliance News) - The follow is a round-up of share dealings by UK company directors and managers announced on Tuesday and Wednesday and not separately reported by Alliance News:

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IntegraFin Holdings PLC - Founder Michael Howard sells 8.5 million shares at 463 pence on Wednesday, worth GBP39.4 million, via a bookbuild run by Barclays Bank and Peel Hunt. The sale replaces a cancelled transaction on Monday for the same shares at 475p. The decision to offer the 2.5% lower price followed IntegraFin's announcement late Tuesday that it is facing a GBP4.3 million value added tax bill following a decision by the UK tax collector HMRC to remove one of the company's units from a VAT group. The news knocked IntegraFin's shares by almost 5% to a low on Wednesday of 470p. Following completion of the sale, Howard still will own just under a 9% stake.

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Honeycomb Investment Trust PLC - Managers and associates buy 518,852 shares at 850p, worth GBP4.4 million, on Monday. The managers include Lindsey McMurray, managing partner of Pollen Street Capital Ltd, the trust's investment manager.

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Workspace Group PLC - Executive team sells 185,000 shares worth GBP2.3 million "generally to cover their tax planning". CEO Graham Clemett sells 20,000 shares and associate Julie Clemett sells 30,000, while Operations Director Chris Pieroni sells 64,524 shares and associate Caroline Pieroni sells 20,476 and Development Director Angus Boag sells 50,000, all at 1,219.14 pence on Tuesday.

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Severfield PLC - Chief Operating Officer Ian Cochrane sells 1.0 million shares at GBP0.8325, worth GBP832,500, on Tuesday. Still holds 1.7 million shares.

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Accrol Group Holdings PLC - Executive Chair Dan Wright buys 1.0 million shares at 38.0p, worth GBP380,000, on Tuesday. Now holds 4.1 million shares, 2.1% of total.

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NewRiver REIT PLC - Melanie Lockhart, spouse of CEO Allan Lockhart, sells 148,750 shares at 190p, worth GBP282,625, on Monday. The sale was "in accordance with the terms of a divorce settlement".

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Eckoh PLC - Todd Funk, senior executive vice president for US operations, sells 350,000 shares at 58p, worth GBP203,000, on Tuesday. Still holds 342,242 shares, 0.13% of total.

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AJ Bell PLC - Chief Risk Officer Louis Petherick sells 48,234 shares at GBP3.92, worth GBP189,077, on Friday last week. Retains 165,106 shares, 0.04% of total.

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JPMorgan Multi-Asset Trust PLC - Non-Executive Director Sarah Macaulay buys 100,000 shares at GBP1.03, worth GBP103,000, on Wednesday. Now holds 120,000 shares.

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Manchester & London Investment Trust PLC - Investment Manager Mark Sheppard sells 18,138 shares at GBP5.58, worth GBP101,210, on Wednesday.

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Schroder Asian Total Return Investment Co PLC - Non-Executive Director Sarah Macaulay buys 20,000 shares at GBP3.5753, worth GBP71,506, on Monday.

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ASOS PLC - Chief Executive Officer Nick Beighton buys 1,629 shares at GBP30.60, worth GBP49,847, on Wednesday. Holds 174,128 shares following purchase.

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Van Elle Holdings PLC - CEO Mark Cutler buys 38,065 shares at 51.76p average price, worth GBP19,702, on Tuesday.

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New Century AIM VCT PLC - Director Michael Barnard buys 22,964 shares at 69.5p, worth GBP15,960, on Wednesday. Now holds 2.2 million shares, 27.5% of total.

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New Century AIM VCT 2 PLC - Barnard buys 33,534 shares at 47.5p, worth GBP15,929, on Wednesday. Now holds 517,498 shares, 11.2% of total.

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Jersey Oil & Gas PLC - Non-Executive Chair Marcus Stanton buys 10,000 shares at 122p, worth GBP12,200, on Wednesday. Holds 80,000 shares, 0.4% of total.

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By Tom Waite; thomaslwaite@alliancenews.com

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