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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
The following is a round-up of share dealings by London-listed company directors and managers announced in the past week and not separately reported by Alliance News:
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Metals Exploration PLC - Philippines-focused gold producer - Chief Financial Officer Mike Langoulant sells 2.2 million shares at average 6.52 pence, worth £141,223, on Monday last week. Non-Executive Director Andrew Chubb sells 2.5 million shares at 6.75p, worth £168,750, also on Monday. Langoulant retains 5.5 million shares, a 0.3% stake, while Chubb has 4.1 million. Metals Exploration says the majority of the shares are purchased indirectly by its second largest shareholder, Drachs Investments No 3 Ltd, which now has an 18.6% stake.
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Global Opportunities Trust PLC - aims for long-term total return by investing globally in undervalued asset classes - Executive Director Sandy Nairn buys 50,000 shares at £2.80, worth £140,000, on Wednesday last week.
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Vertu Motors PLC - Gateshead, England-based automotive retailer with 202 sales and aftersales outlets across UK - Chief Operating Officer David Crane sells 196,736 shares at 66.20 pence, worth £130,246, on Tuesday last week. Crane retains 286,948 shares, a 0.1% stake. Vertu also last week said it bought Burrows Motor Co Ltd for £12.5 million. Burrows operates eight car dealerships in Yorkshire and Nottinghamshire - five Toyota, two Mazda and one Kia. It had £1.4 million in operating profit on £168.9 million in revenue in 2023.
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GSK PLC - London-based pharmaceutical and biotechnology firm - Susan Symonds, associate of Non-Executive Chair Jonathan Symonds, buys 7,150 shares at £13.94, worth £99,646, on Wednesday last week.
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Titon Holdings PLC - Colchester, England-based manufacturer and supplier of ventilation systems - Chair Jamie Brook buys 106,310 shares at 75.25 pence, worth £79,998, on Monday last week. Chief Executive Officer Tom Carpenter buys 66,500 shares at 75.00p on the same day. Titon late last month said it conditionally agreed to sell its 51% stake in Titon Korea Co Ltd and its 49% stake in Browntech Sales Co Ltd, both in South Korea, for £750,000 gross in cash. Titon said market conditions in South Korea ‘have proven very challenging in recent years’.
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