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Director dealings: Globe Invest picks up large Best of the Best holding

(Sharecast News) - Best of the Best was in focus in terms of director dealings on Friday, as a large number of shares were sold to Globe Invest after the latter decided to purchase a "strategic stake" on Thursday under a letter of intent. The competition operator said William Hindmarch sold 1,689,970 shares for 400p each, netting a total of £6,759,880.00.

Following the transaction, the chief executive officer now had a beneficial interest in 992,331 shares, representing 11.9% of its issued share capital.

Rupert Garton, meanwhile, sold 477,822 shares for 400p apiece, valuing the sale at £1,911,288.00.

As a result, the commercial director now had a beneficial interest in 280,571 shares, representing 3.4% of its issued share capital.

Finally, former chairman Michael Hindmarch sold 333,948 shares at 400p each, leaving him with a beneficial interest in 206,657 shares, or 2.47% of the issued capital of the company.

Best of the Best said Globe Invest acquired 2,501,740 shares at a price of 400p, representing 29.9% of its issued share capital.

At 1201 BST, shares in Best of the Best were down 1.74% at 432.33p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Symphony International Holdings Ltd. (SIHL) Director name: Thadani,Anil Amount purchased: 600,000 @ $0.52 Value: $311,999.99

Symphony International Holdings Ltd. (SIHL) Director name: Thadani,Anil Amount purchased: 500,000 @ $0.49 Value: $245,000.00

Symphony International Holdings Ltd. (SIHL) Director name: Thadani,Anil Amount purchased: 400,000 @ $0.51 Value: $203,520.01

Symphony International Holdings Ltd. (SIHL) Director name: Thadani,Anil Amount purchased: 250,000 @ $0.52 Value: $129,525.01

Symphony International Holdings Ltd. (SIHL) Director name: Thadani,Anil Amount purchased: 250,000 @ $0.51 Value: $128,199.99

Helical (HLCL) Director name: Cotton ,Richard Amount purchased: 15,000 @ 339.75p Value: £50,962.50

Audioboom Group (BOOM) Director name: Tobin,Michael Amount purchased: 2,000 @ 600.00p Value: £12,000.00

Gran Tierra Energy Inc. (cdi) (GTE) Director name: Guidry,Gary Amount purchased: 2,747 @ $1.39 Value: $3,148.62

Prudential (PRU) Director name: FitzPatrick,Mark Amount purchased: 20 @ 923.70p Value: £184.74

Softcat (SCT) Director name: Watt,Graeme Amount purchased: 12 @ 1,269.00p Value: £152.28

Softcat (SCT) Director name: Charlton,Graham Amount purchased: 12 @ 1,269.00p Value: £152.28

Top Director Sells

Best Of The Best (BOTB) Director name: Hindmarsh,Wlliam Amount sold: 1,689,970 @ 400.00p Value: £6,759,880.00

Best Of The Best (BOTB) Director name: Garton,Rupert Amount sold: 477,822 @ 400.00p Value: £1,911,288.00

Cranswick (CWK) Director name: Bottomley,Mark Amount sold: 2,670 @ 2,997.13p Value: £80,023.37

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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