Skip Header
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.

Director dealings: Man Group non-exec invests, Seeing Machines discloses several transactions

(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

Share this article

Related Sharecast Articles

Director dealings: Mpac's Clive Whiley raises stake
(Sharecast News) - Mpac revealed on Tuesday that senior independent director Clive Whiley had acquired 25,000 ordinary shares in the AIM-listed packaging automation firm.
Director dealings: Capital non-executive director snaps up shares
(Sharecast News) - Capital revealed on Monday that non-executive director Anu Dhir had acquired 51,400 ordinary shares in the London-listed mining services firm.
Director dealings: British Land non-executive directors snap up shares
(Sharecast News) - British Land revealed on Friday that non-executive directors Raj Shah and Amanda Mackenzie had both raised their respecitve stakes in the FTSE 100-listed property development and investment company.
Director dealings: Pantheon Resources chairman significantly raises stake
(Sharecast News) - Pantheon Resources revealed on Thursday that non-executive chairman Michael Spencer had five million ordinary shares in the AIM-listed oil and gas exploration and development firm.

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.