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: Insig AI CEO raises stake
(Sharecast News) - Insig AI revealed on Thursday that chief executive Richard Bernstein had acquired 100,000 ordinary shares in the AIM-listed technology company.
Director dealings: Softcat CFO snaps up shares
(Sharecast News) - Softcat revealed on Wednesday that chief financial officer had Kathryn Mecklenburgh acquired 20,530 ordinary shares in the FTSE 250-listed-listed IT firm.
Director dealings: Trustpilot CEO raises stake
(Sharecast News) - Trustpilot revealed on Tuesday that chief executive officer Adrian Blair had acquried 95,296 ordinary shares in the FTSE 250-listed review platform operator.
Director dealings: Williams family increases holding in Baltic Classifieds
(Sharecast News) - Baltic Classifieds revealed on Monday that Rebecca Williams, daughter of non-executive director Ed Williams, had acquired 222,326 ordinary shares in the FTSE 250-listed classified portals operator.

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.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.