Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.
(Sharecast News) - Two notable director dealings disclosed to the London market on Tuesday involved transactions in shares of Man Group and Seeing Machines.
At Man Group, non-executive director Laurie Fitch purchased 7,390 ordinary shares at a price of 213.196p each.
The transaction was executed on 31 December on the London Stock Exchange.
Seeing Machines meanwhile reported multiple director transactions.
Lombard Odier Asset Management, closely associated with non-executive director Michael Brown, sold 159,652,749 shares at 4.09p apiece on 24 December.
The sale reduced Lombard's holdings to 485,230,164 shares, equivalent to 9.87% of the company's issued share capital.
Seeing Machines said the sale facilitated Mitsubishi Electric's acquisition of shares to achieve a 19.9% stake in the company, a move it described as a "milestone transaction".
Additionally, on 30 December, Seeing Machines' chief financial officer Martin Ive purchased 96,750 shares at 4.65p each, bringing his total holding to 8,022,980 shares, representing 0.16% of the company's issued share capital.
On the same day, chair Kate Hill acquired 200,000 shares at 4.8p apiece, increasing her stake to 5,000,000 shares, equivalent to 0.1% of the company's issued share capital.
At 1229 GMT, shares in Man Group were up 1.13% at 214p, while those in Seeing Machines were down 1.03% at 4.65p.
Reporting by Josh White for Sharecast.com.
Top Director Buys
Man Group (EMG)
Director name: Fitch,Laurie
Amount purchased: 7,390 @ 213.20p
Value: £15,755.18
Seeing Machines Ltd. Npv (di) (SEE)
Director name: Hill,Kate
Amount purchased: 200,000 @ 4.80p
Value: £9,600.00
Mortgage Advice Bureau (holdings) (MAB1)
Director name: Imlach,Nathan James McLean
Amount purchased: 331 @ 642.00p
Value: £2,125.02
Top Director Sells
Seeing Machines Ltd. Npv (di) (SEE)
Director name: Brown,Michael
Amount sold: 159,652,752 @ 4.90p
Value: £7,822,984.64
Maxcyte (di) (MXCT)
Director name: Johnston ,John
Amount sold: 1,431 @ $4.00
Value: $4,720.05
Maxcyte (di) (MXCT)
Director name: Johnston ,John
Amount sold: 300 @ $4.01
Value: $992.00
Maxcyte (di) (MXCT)
Director name: Johnston ,John
Amount sold: 210 @ $3.99
Value: $691.80
Maxcyte (di) (MXCT)
Director name: Johnston ,John
Amount sold: 200 @ $4.02
Value: $662.98
Maxcyte (di) (MXCT)
Director name: Johnston ,John
Amount sold: 200 @ $4.01
Value: $662.16
Maxcyte (di) (MXCT)
Director name: Johnston ,John
Amount sold: 200 @ $4.01
Value: $661.50
Maxcyte (di) (MXCT)
Director name: Johnston ,John
Amount sold: 200 @ $4.00
Value: $659.85
Maxcyte (di) (MXCT)
Director name: Johnston ,John
Amount sold: 153 @ $4.03
Value: $508.44
Maxcyte (di) (MXCT)
Director name: Johnston ,John
Amount sold: 56 @ $4.06
Value: $187.48
Maxcyte (di) (MXCT)
Director name: Johnston ,John
Amount sold: 50 @ $4.01
Value: $165.13
