Director dealings: Aston Martin directors linked to big sales, CLS non-exec's firm invests

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Sharecast News | 30 May, 2023

Updated : 16:30

15:55 15/11/24

  • 111.70
  • -3.04%-3.50
  • Max: 118.80
  • Min: 111.20
  • Volume: 307,588
  • MM 200 : 5.77

Luxury car maker Aston Martin Lagonda found itself with the top two entries on the list of director sells on Tuesday, after two multi-million pound transactions were linked to two of its directors.

The company said the British Virgin Islands-domiciled Yew Tree Overseas offloaded 34,930,307 shares in a single transaction on the London Stock Exchange on 25 May.

It sold the shares for 335p each, valuing the transaction at £117,016,528.45.

Aston Martin said Yew Tree Overseas is “closely associated” with its executive chairman Lawrence Stroll.

The company also disclosed that the Swiss-incorporated Saint James Invest SA sold 2,333,127 shares on 25 May as well, also in a single transaction on the London Stock Exchange.

It received 335p for each share too, giving that sale a total value of £7,815,975.45.

Aston Martin said in its filing that Saint James Invest SA is linked to its non-executive director Michael de Picciotto.

On the buying side of things, CLS Holdings announced a purchase worth over £2m linked to a non-executive director.

It said Creative Value Investment VII picked up 1.5 million shares in a single transaction in London on 26 May.

The buyer paid 138p for each share it bought, spending a total of £2,070,000.00.

CLS said Creative Value Investment VII is an entity “closely associated” with its non-executive director and deputy chairman Anna Seeley.

At the close on Tuesday, shares in Aston Martin Lagonda Global Holdings were down 2.29% at 259.2p, while those in CLS Holdings were 1.15% weaker at 137.4p.

Reporting by Josh White for Sharecast.com.

DIRECTOR SELLS

Company: Aston Martin Lagonda Global Holdings
Name: Yew Tree Overseas
Volume: 34,930,307
Price: 335p
Value: £117,016,528.45

Company: Aston Martin Lagonda Global Holdings
Name: Saint James Invest SA
Volume: 2,333,127
Price: 335p
Value: £7,815,975.45

Company: Barclays
Name: Matt Hammerstein
Volume: 553,578
Price: 155.81p
Value: £862,529.88

Company: London Stock Exchange Group
Name: York Holdings II
Volume: 8,677
Price: 8,415.23p
Value: £730,189.51

Company: Admiral Group
Name: Cristina Nestares
Volume: 30,914
Price: 2,311p
Value: £714,422.54

Company: Sage Group
Name: Vicki Bradin
Volume: 48,351
Price: 848.8p
Value: £410,403.29

Company: Bank of Georgia Group
Name: Nutsa Gogilashvili
Volume: 2,500
Price: 3,215p
Value: £80,375.00

DIRECTOR BUYS

Company: CLS Holdings
Name: Creative Value Investment VII
Volume: 1,500,000
Price: 138p
Value: £2,070,000.00

Company: Hill & Smith
Name: Alan Giddins
Volume: 24,000
Price: 1,449.25p
Value: £347,820.27

Company: Sage Group
Name: Vicki Bradin
Volume: 58,031
Price: 579p
Value: £335,999.49

Company: Ninety One
Name: Forty Two Point Two
Volume: 200,412
Price: 159.96p
Value: £320,573.62

Company: Hill & Smith
Name: Alan Giddins
Volume: 20,000
Price: 1,424.57p
Value: £284,913.75

Company: Ninety One
Name: Forty Two Point Two
Volume: 108,048
Price: 161.54p
Value: £174,537.17

Company: British Land Company
Name: Andrea Carter
Volume: 28,302
Price: 353.32p
Value: £99,996.63

Company: VinaCapital Vietnam Opportunity Fund
Name: Asia Investment and Finance
Volume: 20,000
Price: 433.5p
Value: £86,700.00

Company: Asos
Name: Jorgen Lindemann
Volume: 20,000
Price: 418.1p
Value: £83,620.00

Company: Supermarket Income REIT
Name: Tilford Holdings
Volume: 87,213
Price: 77.97p
Value: £67,999.98

Company: Asos
Name: Jose Antonio Ramos Calamonte
Volume: 10,000
Price: 418.1p
Value: £41,810.00

Company: Rolls-Royce Holdings
Name: Rufan Erginbilgic
Volume: 21,001
Price: 148.8p
Value: £31,249.49

Company: Rolls-Royce Holdings
Name: Panos Kakoullis
Volume: 8,119
Price: 148.8p
Value: £12,081.07

Company: RS Group
Name: Harry Pryce
Volume: 339
Price: 799.85p
Value: £2,711.48

Company: RS Group
Name: Archie Pryce
Volume: 338
Price: 798.25p
Value: £2,698.08

Company: BT Group
Name: Marc Allera
Volume: 1,183
Price: 152p
Value: £1,798.16

Company: BT Group
Name: Sabine Chalmers
Volume: 1,183
Price: 152p
Value: £1,798.16

Company: BT Group
Name: Philip Jansen
Volume: 1,182
Price: 152p
Value: £1,796.64

Company: ITV
Name: Anna Manz
Volume: 302
Price: 72.32p
Value: £218.40

Company: Mitchells & Butlers
Name: Phil Urban
Volume: 66
Price: 207.49p
Value: £136.94

Company: Mitchells & Butlers
Name: Tim Jones
Volume: 66
Price: 207.49p
Value: £136.94

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