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Director dealings: Real Estate Investors, Landsec execs make trades

(Sharecast News) - Among the director dealings disclosed to the market on Wednesday were two transactions involving senior executives from Real Estate Investors and Land Securities, respectively.

Marcus Daly, the finance director of the AIM-traded Real Estate Investors, increased his stake in the company by purchasing 250,000 shares at a price of 36.9p each.

The transaction, executed on Wednesday, boosted Daly's total beneficial interest in the company to 4,321,509 shares, representing 2.48% of its issued share capital.

On the selling side of the ledger was Mark Allan, chief executive officer of Landsec, after he undertook a series of share transactions on 25 June.

Allan acquired 322,981 shares through the exercise of options granted under a long-term incentive plan and the firm's 2015 deferred share bonus plan, at no cost.

Subsequently, to cover the tax liabilities resulting from those exercises, Allan sold 152,106 shares for 624.25p apiece, generating a total value of £949,521.71.

At the close on Wednesday, shares in Real Estate Investors were flat at 36p, while those in Land Securities Group were down 1.68% at 615p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Vodafone Group (VOD) Director name: Valle,Margherita D. Amount purchased: 327,129 @ 71.56p Value: £234,093.52

Real Estate Investors (RLE) Director name: Daly,Marcus Amount purchased: 250,000 @ 36.90p Value: £92,250.00

Prs Reit (the) (PRSR) Director name: Smith,Stephen Amount purchased: 60,000 @ 76.85p Value: £46,110.00

Syncona Limited Npv (SYNC) Director name: Hutchinson,Robert Amount purchased: 26,573 @ 111.60p Value: £29,655.47

Young & Co's Brewery 'a' Shares (YNGA) Director name: Dodd,Simon Amount purchased: 3,904 @ 640.00p Value: £24,985.60

Bytes Technology Group (BYIT) Director name: Persson,Anna Vikstrom Amount purchased: 4,380 @ 547.00p Value: £23,958.60

Bytes Technology Group (BYIT) Director name: Persson,Anna Vikstrom Amount purchased: 2,814 @ 548.00p Value: £15,420.72

Bytes Technology Group (BYIT) Director name: Persson,Anna Vikstrom Amount purchased: 1,109 @ 546.00p Value: £6,055.14

Utilico Emerging Markets Ltd (di) (UEM) Director name: Liu,Isabel Amount purchased: 2,710 @ 220.16p Value: £5,966.34

Bytes Technology Group (BYIT) Director name: Persson,Anna Vikstrom Amount purchased: 838 @ 549.00p Value: £4,600.62

Top Director Sells

Jardine Matheson Holdings Ltd (singapore Reg) (JAR) Director name: Keswick,Benjamin William Amount sold: 166,050 @ $37.01 Value: $6,145,792.73

Jardine Matheson Holdings Ltd (singapore Reg) (JAR) Director name: Keswick,Benjamin William Amount sold: 57,900 @ $36.26 Value: $2,099,731.98

Jardine Matheson Holdings Ltd (singapore Reg) (JAR) Director name: Keswick,Benjamin William Amount sold: 47,700 @ $36.76 Value: $1,753,447.19

Land Securities Group (LAND) Director name: Allan,Mark Amount sold: 152,106 @ 624.25p Value: £949,521.68

Ecora Resources (ECOR) Director name: Flynn,Kevin Amount sold: 37,546 @ 74.60p Value: £28,009.32

Ecora Resources (ECOR) Director name: Lafleche,Marc Bishop Amount sold: 23,549 @ 74.60p Value: £17,567.55

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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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