(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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Grafton Group PLC - Dublin-based building materials firm, owner of Selco Builders Warehouse - Non-Executive Director Paul Smith buys GBP98,993 worth of shares on Wednesday in two separate transactions: 6,291 shares at GBP7.8686 each and 6,285 shares at GBP7.8745 each.
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Tullow Oil PLC - Africa and South America-focused oil and gas exploration company - Chief Executive Officer Rahul Dhir buys 360,900 shares at 28.56 pence each on Tuesday. Total aggregate value is GBP103,073. Non-Executive Director Roald Goethe also buys 300,000 shares for total GBP85,341 across five transactions on Tuesday and Wednesday. This consists of 50,000 shares bought for 28.15p each, a further 50,000 shares for 28.69p each, 100,000 shares for 28.32p each, 81,723 shares for 28.74p each and 18,277 shares for 27.98p each. On Tuesday, Tullow Oil also said Goethe bought 250,000 shares worth GBP66,740 in four tranches on Monday. This consists of one tranche of 50,000 shares at a price of 27.36 pence each, another tranche of 50,000 shares at 26.48p, 50,000 shares at 26.50p price and and 100,000 shares at 26.57p each.
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Speedy Hire PLC - Merseyside-based tools hire services firm - Non-Executive Chair David Shearer buys 250,000 shares for total GBP78,391 on Thursday across three transactions. This consists of 165,000 shares at 31.51p each, 80,000 shares at 31.05p each and 5,000 shares at 31.23p each. This follows Speedy Hire on Thursday reporting that its yearly profits had collapsed following a significant asset-write off, and announced the appointment of a permanent chief financial officer. pretax profit for the year ended March 31 plummeted by 94% to GBP1.8 million from GBP29.1 million following an asset write off. The company undertook a comprehensive count of all hire equipment in the year and discovered a shortfall in quantity of non-itemised assets of GBP20.4 million, writing that off and hurting profit. Interim Chief Financial Officer Paul Rayner was also appointed as the permanent CFO and executive director, with effect from July 1. Rayner was appointed to the interim position on November 1 last year.
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Trustpilot Group PLC - Copenhagen-based online review platform - Chair Zillah Byng-Thorne buys 261,437 shares for 76.5p each on Wednesday. Total aggregate value is GBP199,999.
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By Greg Rosenvinge, Alliance News reporter
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