Clinigen directors cash in options

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Sharecast News | 07 Oct, 2015

Updated : 17:00

Clinigen Group directors have taken home a nice mid-week bonus after three exercised their options and a fourth sold a large portion of his stake.

Chief executive Peter George, deputy chief executive Shaun Chilton and chairman Peter Allen all exercised their options which were promptly sold, allowing them all to take home a combined total of over £14m.

On top of that, chief financial officer Robin Sibson sold 1m of his 2.4m shares in the company to pocket over £6.8m.

Meanwhile five North River Resources directors stumped up cash in the latest placing for the company to progress the company's flagship Namib Project to a construction decision.

Top Director Buys

Ovoca Gold (OVG)

Director name: Mr Kiril Golovanov

Amount purchased: 11,656,204 @ 4.95p

Value: £576,982

Judges Scientific (JDG)

Director name: Mr David Cicurel

Amount purchased: 10,000 @ 1,495.00p

Value: £149,500

Driver Group (DRV)

Director name: Mr David Webster

Amount purchased: 200,000 @ 68.75p

Value: £137,500

North River Resources (NRRP)

Director name: Mr James Beams

Amount purchased: 48,575,128 @ 0.20p

Value: £97,150

North River Resources (NRRP)

Director name: Mrs Keith Marshall

Amount purchased: 10,000,000 @ 0.20p

Value: £20,000

JPMorgan US Smaller Co. Inv Tst (JUSC)

Director name: Ms Davina Walter

Amount purchased: 6,316 @ 179.00p

Value: £11,306

North River Resources (NRRP)

Director name: Mr Ken Sangster

Amount purchased: 5,000,000 @ 0.20p

Value: £10,000

Top Director Sells

Clinigen Group (CLIN)

Director name: Mr Robin Sibson

Amount sold: 1,000,000 @ 685.00p

Value: £6,850,000

Clinigen Group (CLIN)

Director name: Mr Peter George

Amount sold: 825,556 @ 685.00p

Value: £5,655,059

Clinigen Group (CLIN)

Director name: Mr Shaun Edward Chilton

Amount sold: 412,778 @ 685.00p

Value: £2,827,529

CVS Group (CVSG)

Director name: Mr Simon Innes

Amount sold: 301,020 @ 680.00p

Value: £2,046,936

Close Brothers Group (CBG)

Director name: Mr Preben Prebensen

Amount sold: 82,599 @ 1,546.68p

Value: £1,277,542

Close Brothers Group (CBG)

Director name: Mr Preben Prebensen

Amount sold: 51,839 @ 1,546.68p

Value: £801,783

Close Brothers Group (CBG)

Director name: Mr Stephen R Hodges

Amount sold: 46,346 @ 1,546.68p

Value: £716,824

Close Brothers Group (CBG)

Director name: Mr Stephen R Hodges

Amount sold: 42,126 @ 1,546.68p

Value: £651,554

Clinigen Group (CLIN)

Director name: Mr Peter Allen

Amount sold: 91,464 @ 685.00p

Value: £626,528

Close Brothers Group (CBG)

Director name: Mr Preben Prebensen

Amount sold: 38,178 @ 1,546.68p

Value: £590,491

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