- Associated British Foods
- 26 April 2024 17:21:14
Source: Sharecast
The company said Rory MacDonald picked up 897,507 shares on 4 July, at an average price of 17.14p each.
Following the purchase, it said he had a total beneficial interest in 42,594,172 shares, representing 28.53% of its issued share capital.
“Further to the company's announcement on 23 February, Rory MacDonald and his concert party are permitted to acquire ordinary shares in the company such that the concert party's fully-diluted shareholding does not exceed 43.04% of the company's issued share capital, as agreed with the Takeover Panel,” the board explained in its disclosure.
“Following the above purchase, the concert party's fully-diluted shareholding in the company is 63,935,033 ordinary shares, equivalent to 42.83%.”
Elsewhere, Associated British Foods disclosed a series of transactions involving its finance director made on 3 July.
The owner of the Primark chain said Eoin Tonge first received a transfer of 27,459 shares connected with the buyout of a forfeited incentive scheme award granted by his former employer, Marks & Spencer.
In addition, Tonge received a transfer on the same day of 68,751 shares related to the vesting of awards granted to him on 3 March.
Finally, on 3 July as well, Tonge sold 43,355 shares at a price of 2,006.7p each, in order to meet his tax liabilities for the two earlier transfers.
At the close on Wednesday, shares in Associated British Foods were down 0.55% at 2,006p, while those in Made Tech Group were 5.88% firmer at 18p.
Reporting by Josh White for Sharecast.com.
Top Director Buys
Made Tech Group (MTEC)
Director name: MacDonald,Rory Peter
Amount purchased: 897,507 @ 17.14p
Value: �153,832.70
Sdcl Energy Efficiency Income Trust (SEIT)
Director name: Roper,Tony
Amount purchased: 50,000 @ 74.56p
Value: �37,281.50
Cordel Group (CRDL)
Director name: Buddery,Ian
Amount purchased: 490,000 @ 7.00p
Value: �34,300.00
Taseko Mines Limited Npv (di) (TKO)
Director name: Pickering,Kenneth
Amount purchased: 20,000 @ $1.81
Value: $29,850.75
Finsbury Growth & Income Trust (FGT)
Director name: Hayes ,Simon
Amount purchased: 1,584 @ 879.15p
Value: �13,925.74
Natwest Group (NWG)
Director name: Davies,Howard
Amount purchased: 4,181 @ 244.90p
Value: �10,239.27
Morgan Advanced Materials (MGAM)
Director name: Raby,Pete
Amount purchased: 2,084 @ 274.70p
Value: �5,724.75
Odyssean Investment Trust (OIT)
Director name: Tufnell ,Jane
Amount purchased: 3,300 @ 155.50p
Value: �5,131.50
Gresham House Energy Storage Fund (GRID)
Director name: Liu ,Isabel
Amount purchased: 2,475 @ 143.70p
Value: �3,556.58
Natwest Group (NWG)
Director name: Lewis,Stuart
Amount purchased: 1,243 @ 244.90p
Value: �3,044.11
Natwest Group (NWG)
Director name: Jetha,Yasmin
Amount purchased: 1,142 @ 244.90p
Value: �2,796.76
Natwest Group (NWG)
Director name: Seligman,Mark
Amount purchased: 1,142 @ 244.90p
Value: �2,796.76
Natwest Group (NWG)
Director name: Wilson,Lena
Amount purchased: 1,101 @ 244.90p
Value: �2,696.35
Natwest Group (NWG)
Director name: Dangeard,Frank
Amount purchased: 1,101 @ 244.90p
Value: �2,696.35
Natwest Group (NWG)
Director name: Flynn,Patrick
Amount purchased: 1,101 @ 244.90p
Value: �2,696.35
Natwest Group (NWG)
Director name: Donnelly,Roisin
Amount purchased: 1,101 @ 244.90p
Value: �2,696.35
I3 Energy (I3E)
Director name: Shafiq,Majid
Amount purchased: 196,318 @ 1.27p
Value: �2,493.24
Grainger (GRI)
Director name: Hudson ,Robert
Amount purchased: 132 @ 230.00p
Value: �303.60
Grainger (GRI)
Director name: Gordon,Helen
Amount purchased: 130 @ 230.00p
Value: �299.00
Rathbones Group (RAT)
Director name: Stockton,Paul
Amount purchased: 8 @ 1,894.00p
Value: �151.52
Rathbones Group (RAT)
Director name: Mathias,Jennifer
Amount purchased: 8 @ 1,894.00p
Value: �151.52
Rathbones Group (RAT)
Director name: Stockton,Paul
Amount purchased: 8 @ n/a
Value: n/a
Rathbones Group (RAT)
Director name: Mathias,Jennifer
Amount purchased: 8 @ n/a
Value: n/a
Top Director Sells
London Stock Exchange Group (LSEG)
Director name: Brand,Martin
Amount sold: 19,840 @ 8,266.41p
Value: �1,640,055.76
Associated British Foods (ABF)
Director name: Tonge,Eoin
Amount sold: 45,355 @ 2,006.70p
Value: �910,138.76
Ten Lifestyle Group (TENG)
Director name: Long,Andrew
Amount sold: 900,000 @ 95.00p
Value: �854,999.99
British Land Company (BLND)
Director name: Mistry,Bhavesh
Amount sold: 13,396 @ 306.08p
Value: �41,002.48