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Director dealings: Savannah non-exec invests, Lok'nStore director sells holding

(Sharecast News) - Lithium developer Savannah Resources was on the list of director buys on Friday, after a non-executive director picked up almost half a million shares. The company said Mary Jo Jacobi purchased 480,900 shares on 20 July, in a single transaction on the London Stock Exchange.

Jacobi paid 4.6523p for each share, valuing the transaction at a total of £22,372.91.

"Following this acquisition, Ms Jacobi has a total beneficial interest in 480,900 ordinary shares, representing 0.03% of the company's issued share capital," Savannah said in its disclosure.

On the selling side of the ledger, Lok'nStore Group disclosed a sale made by a non-executive director for tax purposes.

The company said it was notified on 20 July that non-executive director Charles Peal had, as part of his personal tax planning, sold 267,049 shares from his self-invested pension plan (SIPP) at a price of 769.68p each.

It said the proceeds would be distributed, and thus liable to income tax.

Lok'nStore said Peal intended, subject to market conditions, to re-invest the majority of the post-tax net proceeds into shares in due course.

"As a result of this sale, Mr Peal's beneficial interest in the company amounts to 499,301 ordinary shares representing 1.52% of the company's total voting rights," the firm said.

At 1610 BST, shares in Lok'nStore Group were down 1.25% at 790p, while those in Savannah Resources were up 0.88% at 4.59p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Gcp Infrastructure Investments Ltd (GCP) Director name: Chapman,Julia Amount purchased: 41,446 @ 83.40p Value: �34,565.96

Savannah Resources (SAV) Director name: Jacobi,Mary Jo Amount purchased: 480,900 @ 4.65p Value: �22,372.91

Gcp Infrastructure Investments Ltd (GCP) Director name: Chapman,Julia Amount purchased: 19,000 @ 80.30p Value: �15,257.00

(PRE) Director name: Atherley,Paul Campbell Amount purchased: 43,064 @ 25.40p Value: �10,938.26

Smith & Nephew (SN.) Director name: Nath,Deepak Amount purchased: 458 @ 2,320.00p Value: �10,625.00

Supermarket Income Reit (SUPR) Director name: Davies,Frances Amount purchased: 12,000 @ 78.08p Value: �9,369.12

Schroder European Real Estate Investment Trust (SERE) Director name: Edwards,Elizabeth Amount purchased: 10,000 @ 76.59p Value: �7,659.16

Wood Group (john) (WG.) Director name: Gilmartin ,Ken Amount purchased: 4,418 @ 145.00p Value: �6,406.10

Wood Group (john) (WG.) Director name: Kemp,David Amount purchased: 2,905 @ 145.00p Value: �4,212.25

Krm22 (KRM) Director name: Todd,Thomas Keith Amount purchased: 4,500 @ 43.60p Value: �1,962.00

Spiritus Mundi (SPMU) Director name: Peh,Zaccheus Amount purchased: 20,000 @ 4.00p Value: �800.00

Spiritus Mundi (SPMU) Director name: Peh,Zaccheus Amount purchased: 10,000 @ 3.99p Value: �399.00

Johnson Matthey (JMAT) Director name: Condon,Liam Amount purchased: 21 @ 1,848.94p Value: �388.28

Johnson Matthey (JMAT) Director name: Oxley,Stephen Amount purchased: 18 @ 1,848.94p Value: �332.81

Pennon Group (PNN) Director name: Davy ,Susan Amount purchased: 21 @ 740.82p Value: �155.57

Wood Group (john) (WG.) Director name: Kemp,David Amount purchased: 103 @ 144.00p Value: �148.32

Pennon Group (PNN) Director name: Boote,Paul Amount purchased: 20 @ 740.82p Value: �148.16

Wood Group (john) (WG.) Director name: Kemp,David Amount purchased: 52 @ n/a Value: n/a

Top Director Sells

Lok'n Store Group (LOK) Director name: Peal,Charles Amount sold: 267,049 @ 769.68p Value: �2,055,422.81

Revolution Beauty Group (REVB) Director name: Holt,Robert Amount sold: 2,250,000 @ 30.00p Value: �675,000.03

Krm22 (KRM) Director name: Todd,Thomas Keith Amount sold: 4,500 @ 43.00p Value: �1,935.00

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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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