Director dealings: Globe Invest picks up large Best of the Best holding

Best of the Best was in focus in terms of director dealings on Friday, as a large number of shares were sold to Globe Invest after the latter decided to purchase a “strategic stake” on Thursday under a letter of intent.

The competition operator said William Hindmarch sold 1,689,970 shares for 400p each, netting a total of £6,759,880.00.

Following the transaction, the chief executive officer now had a beneficial interest in 992,331 shares, representing 11.9% of its issued share capital.

Rupert Garton, meanwhile, sold 477,822 shares for 400p apiece, valuing the sale at £1,911,288.00.

As a result, the commercial director now had a beneficial interest in 280,571 shares, representing 3.4% of its issued share capital.

Finally, former chairman Michael Hindmarch sold 333,948 shares at 400p each, leaving him with a beneficial interest in 206,657 shares, or 2.47% of the issued capital of the company.

Best of the Best said Globe Invest acquired 2,501,740 shares at a price of 400p, representing 29.9% of its issued share capital.

At 1201 BST, shares in Best of the Best were down 1.74% at 432.33p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Symphony International Holdings Ltd. (SIHL)
Director name: Thadani,Anil
Amount purchased: 600,000 @ $0.52
Value: $311,999.99

Symphony International Holdings Ltd. (SIHL)
Director name: Thadani,Anil
Amount purchased: 500,000 @ $0.49
Value: $245,000.00

Symphony International Holdings Ltd. (SIHL)
Director name: Thadani,Anil
Amount purchased: 400,000 @ $0.51
Value: $203,520.01

Symphony International Holdings Ltd. (SIHL)
Director name: Thadani,Anil
Amount purchased: 250,000 @ $0.52
Value: $129,525.01

Symphony International Holdings Ltd. (SIHL)
Director name: Thadani,Anil
Amount purchased: 250,000 @ $0.51
Value: $128,199.99

Helical (HLCL)
Director name: Cotton ,Richard
Amount purchased: 15,000 @ 339.75p
Value: £50,962.50

Audioboom Group (BOOM)
Director name: Tobin,Michael
Amount purchased: 2,000 @ 600.00p
Value: £12,000.00

Gran Tierra Energy Inc. (cdi) (GTE)
Director name: Guidry,Gary
Amount purchased: 2,747 @ $1.39
Value: $3,148.62

Prudential (PRU)
Director name: FitzPatrick,Mark
Amount purchased: 20 @ 923.70p
Value: £184.74

Softcat (SCT)
Director name: Watt,Graeme
Amount purchased: 12 @ 1,269.00p
Value: £152.28

Softcat (SCT)
Director name: Charlton,Graham
Amount purchased: 12 @ 1,269.00p
Value: £152.28

Top Director Sells

Best Of The Best (BOTB)
Director name: Hindmarsh,Wlliam
Amount sold: 1,689,970 @ 400.00p
Value: £6,759,880.00

Best Of The Best (BOTB)
Director name: Garton,Rupert
Amount sold: 477,822 @ 400.00p
Value: £1,911,288.00

Cranswick (CWK)
Director name: Bottomley,Mark
Amount sold: 2,670 @ 2,997.13p
Value: £80,023.37