Director dealings: Everyman insider linked to purchase, Britvic CEO covers tax bill

Two significant director dealings disclosed to the market on Wednesday included a purchase linked to a director at Everyman Media Group, and a sale made by Britvic’s chief executive officer to cover his costs after a vesting.

On 30 January, Blue Coast Private Equity bought 250,000 shares in Everyman Media Group for 60p each.

The company said Michael Rosehill, who serves as a non-executive director at Everyman, also holds a directorial role at Blue Coast.

Following the transaction, Blue Coast's total ownership had risen to 22,053,639, equivalent to a 24.2% stake in the company's issued share capital.

Elsewhere, on 28 January, awards over Britvic’s partially vested.

The awards were granted on 28 January 2021 under the firm’s performance share plan (PSP) to its executive directors.

The criteria for vesting were based on relative total shareholder returns and adjusted, diluted earnings per share (EPS), and so 60.7% of the PSP awards vested on this date.

Chief executive officer Simon Litherland saw 86,762 shares vesting under the PSP on 28 January.

Litherland then opted to sell 40,922 of the shares to cover tax liabilities and dealing costs.

As a result, his total share ownership in Britvic now stood at 439,902 shares, equivalent to 0.18% of its issued share capital.

At the close on Wednesday, shares in Everyman Media Group were flat at 61p, while those in Britvic were down 0.4% at 882.5p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Everyman Media Group (EMAN)
Director name: Rosehill,Michael
Amount purchased: 250,000 @ 60.00p
Value: £150,000.01

Tr Property Inv Trust (TRY)
Director name: Vaughan,Andrew
Amount purchased: 23,148 @ 324.00p
Value: £74,999.52

North Atlantic Smaller Companies Inv Trust (NAS)
Director name: Gilbert,Fiona
Amount purchased: 1,061 @ 3,683.20p
Value: £39,078.75

North Atlantic Smaller Companies Inv Trust (NAS)
Director name: Gilbert,Fiona
Amount purchased: 700 @ 3,708.00p
Value: £25,956.00

North Atlantic Smaller Companies Inv Trust (NAS)
Director name: Gilbert,Fiona
Amount purchased: 700 @ 3,683.20p
Value: £25,782.40

Hargreaves Services (HSP)
Director name: Anderson,David
Amount purchased: 5,285 @ 461.60p
Value: £24,395.56

Cadogan Energy Solutions (CAD)
Director name: Khallouf,Fady
Amount purchased: 1,150,000 @ 1.95p
Value: £22,425.00

Cadogan Energy Solutions (CAD)
Director name: Khallouf,Fady
Amount purchased: 1,050,000 @ 1.80p
Value: £18,900.00

Jersey Oil And Gas (JOG)
Director name: Thomas,Les
Amount purchased: 10,000 @ 180.00p
Value: £18,000.00

Alpha Real Trust Ltd. (ARTL)
Director name: Rose,Phillip
Amount purchased: 10,000 @ 120.00p
Value: £12,000.00

Jersey Oil And Gas (JOG)
Director name: Stanton,Marcus John Gregory
Amount purchased: 3,500 @ 178.00p
Value: £6,230.00

Mortgage Advice Bureau (holdings) (MAB1)
Director name: Imlach,Nathan James McLean
Amount purchased: 242 @ 850.00p
Value: £2,057.00

Jersey Oil And Gas (JOG)
Director name: Stanton,Marcus John Gregory
Amount purchased: 500 @ 182.00p
Value: £910.00

Direct Line Insurance Group (DLG)
Director name: Greenwood,Jon
Amount purchased: 88 @ 170.60p
Value: £150.12

Direct Line Insurance Group (DLG)
Director name: Manser,Neil
Amount purchased: 87 @ 170.60p
Value: £148.42

3i Group (III)
Director name: Halai,Jasi
Amount purchased: 6 @ 2,447.00p
Value: £146.82

Top Director Sells

Paragon Banking Group (PAG)
Director name: Terrington,Nigel S
Amount sold: 257,936 @ 705.63p
Value: £1,820,072.24

Britvic (BVIC)
Director name: Litherland,Simon
Amount sold: 40,922 @ 886.42p
Value: £362,741.60

Hargreaves Services (HSP)
Director name: Anderson,David
Amount sold: 5,285 @ 461.00p
Value: £24,363.85

Maxcyte (di) (MXCT)
Director name: Johnston ,John
Amount sold: 5,000 @ $5.12
Value: $21,095.49