- Savannah Resources
- 21 July 2023 16:28:25
Source: Sharecast
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.
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Gcp Infrastructure Investments Ltd (GCP)
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Savannah Resources (SAV)
Director name: Jacobi,Mary Jo
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Spiritus Mundi (SPMU)
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Johnson Matthey (JMAT)
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Johnson Matthey (JMAT)
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Pennon Group (PNN)
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Director name: Peal,Charles
Amount sold: 267,049 @ 769.68p
Value: �2,055,422.81
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Director name: Holt,Robert
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Director name: Todd,Thomas Keith
Amount sold: 4,500 @ 43.00p
Value: �1,935.00