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Telit Communications CEO continues to grow holding

Tue, 08th Jul 2014 16:01

The Chief Executive and founder of Telit Communications has continued to expand his stake in the group with another two sizeable purchases.Oozi Cats, who last week spent £210.43m on shares, has this week made the more modest purchase of 200,000 shares in a deal worth £430,000, alongside the acquisition of another 50,000 shares via his company, Mariselia. At the end of May, he doubled his stake in Boostt, one of the firm's investors, to 100%, a move which increased his holding in the firm by 7.8m shares.He is now interested in 22.86m shares, equal to a stake worth 20.2% of this issued share capital. Top Director BuysCaracal Energy Inc (DI) (CRCL) Director name: Mr Brooke WadeAmount purchased: 164,744 @ 354.00p Value: £583,194Telit Communications (TCM) Director name: Mr Oozi CatsAmount purchased: 200,000 @ 215.00p Value: £430,000Telit Communications (TCM) Director name: Mr Yosi Fait Amount purchased: 50,000 @ 215.00p Value: £107,500Sepura (SEPU) Director name: Mr Nigel Smith Amount purchased: 20,000 @ 149.90p Value: £29,980Ensor Holdings (ESR) Director name: Mr Ken HarrisonAmount purchased: 35,000 @ 66.00p Value: £23,100Energy XXI (Bermuda) (DI) (EXXI) Director name: Mr John Daniel Schiller JrAmount purchased: 1,058 @ $20.09 Value: $21,255Anglo American (AAL) Director name: Mr Jim Rutherford Amount purchased: 862 @ 1,511.95p Value: £13,033Anglo American (AAL) Director name: Mr Phuthuma F. NhlekoAmount purchased: 854 @ 1,511.95p Value: £12,912Top Director SellsSt. Modwen Properties (SMP) Director name: Mr William (Bill) OliverAmount sold: 105,610 @ 387.10p Value: £408,816United Utilities Group (UU.) Director name: Mr Russ HouldenAmount sold: 23,504 @ 891.50p Value: £209,538United Utilities Group (UU.) Director name: Mr Russ HouldenAmount sold: 10,763 @ 891.50p Value: £95,952NR

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