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Director dealings: Odyssean non-exec invests, Vertu CEO's wife sells shares

(Sharecast News) - Among the director dealings disclosed to the market on Friday were two involving Odyssean Investment Trust and Vertu Motors. Richard King, non-executive director of Odyssean Investment Trust, was reported to have acquired additional shares in the company.

The transaction, which took place on 27 June, involved the purchase of 2,300 shares at a price of 174.36p each.

It was conducted on the London Stock Exchange.

Vertu Motors meanwhile disclosed that Helen Forrester, wife of chief executive officer Robert Forrester, sold two million shares of the company in two separate transactions.

The first tranche of one million shares was sold on 26 June at 77.55p each, while the second tranche of the same volume was sold on 27 June at 74p apiece.

Prior to the transactions, Robert Forrester held 7,491,740 shares, representing 2.22% of the issued share capital.

Following the disposals, his beneficial holding decreased to 5,491,740 shares, equivalent to 1.63% of the issued share capital.

At 1516 BST, shares in Odyssean Investment Trust were up 0.98% at 173.68p, while those in Vertu Motors were down 3.35% at 72.2p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Odyssean Investment Trust (OIT) Director name: King,Richard Amount purchased: 2,300 @ 17,436.00p Value: £401,028.00

Cpp Group (CPP) Director name: Morrison,David Amount purchased: 30,211 @ 165.50p Value: £49,999.20

Cpp Group (CPP) Director name: Thompson,Simon Amount purchased: 30,000 @ 165.50p Value: £49,650.00

Cpp Group (CPP) Director name: Miller,Jeremy Amount purchased: 15,150 @ 165.50p Value: £25,073.25

3i Group (III) Director name: Halai,Jasi Amount purchased: 770 @ 3,020.29p Value: £23,256.20

Cpp Group (CPP) Director name: Pyper,Simon Amount purchased: 12,084 @ 165.50p Value: £19,999.02

3i Group (III) Director name: Halai,Jasi Amount purchased: 342 @ 3,023.65p Value: £10,340.88

3i Group (III) Director name: Halai,Jasi Amount purchased: 341 @ 3,026.34p Value: £10,319.81

3i Group (III) Director name: Halai,Jasi Amount purchased: 341 @ 3,026.20p Value: £10,319.33

3i Group (III) Director name: Halai,Jasi Amount purchased: 342 @ 3,017.22p Value: £10,318.91

Cpp Group (CPP) Director name: Bowling,David Amount purchased: 6,042 @ 165.50p Value: £9,999.51

Hostmore (MORE) Director name: McEwan,Julie Amount purchased: 29,499 @ 16.95p Value: £5,000.08

3i Group (III) Director name: Halai,Jasi Amount purchased: 164 @ 3,024.62p Value: £4,960.37

Pharos Energy (PHAR) Director name: Rivett,Sue Amount purchased: 3,945 @ 24.72p Value: £975.06

Top Director Sells

Vertu Motors (VTU) Director name: Forrester,Robert Amount sold: 1,000,000 @ 77.55p Value: £775,500.00

Vertu Motors (VTU) Director name: Forrester,Robert Amount sold: 1,000,000 @ 74.00p Value: £740,000.01

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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.