Director dealings: Kestrel buys more ULS shares, Springfield director and wife make sale

ULS Technology non-executive director Oliver Scott was on the list of buyers on Thursday, after Kestrel Partners purchased 22,600 shares in the company for its discretionary clients.

The AIM-traded firm said Kestrel bought the shares at an average price of 79.5310p each, making for a total transaction value of £17,974.01.

Scott is a partner of, and holds a beneficial interest in Kestrel, and is also a shareholder in Kestrel client Kestrel Opportunities.

As a result, he was deemed to have a beneficial interest in all of Kestrel Opportunities’ holding in the company, which it said totalled 12,926.654 shares after the transaction.

On a combined basis, Kestrel Partners now indirectly held voting rights over 18,828,782 shares in ULS, representing 29.02% of its issued share capital.

Looking at the sellers, Scotland-focussed housebuilder Springfield Properties confirmed that chief executive officer Innes Smith and his wife Eilidh had sold 30,000 shares in the company in two transactions.

The AIM-traded firm said both sales were at a price of 152p per share, making the larger tranche of 16,500 shares worth £25,080, and the second lot of 13,500 shares worth £20,520.

Springfield said that after the sales, Innes Smith and his wife had an interest in 923,654 shares, representing about 0.9% of the company’s issued share capital.

At 1510 GMT, shares in ULS Technology were up 1.78% at 82.95p, while those in Springfield Properties were ahead 1.69% at 150p.

Top Director Buys

Johnson Matthey (JMAT)
Director name: Webb,Doug
Amount purchased: 2,500 @ 2,073.08p
Value: £51,826.97

Uls Technology (ULS)
Director name: Scott,Oliver Rupert Andrew
Amount purchased: 22,600 @ 79.53p
Value: £17,974.01

Insig Ai (INSG)
Director name: Cracknell,Steven Wallace
Amount purchased: 21,505 @ 46.50p
Value: £9,999.83

Mortgage Advice Bureau (holdings) (MAB1)
Director name: Imlach,Nathan James McLean
Amount purchased: 111 @ 1,430.00p
Value: £1,587.30

Travis Perkins (TPK)
Director name: Roberts,Nick
Amount purchased: 10 @ 1,615.37p
Value: £161.54

Close Brothers Group (CBG)
Director name: Sainsbury,Adrian
Amount purchased: 10 @ 1,467.00p
Value: £146.70

Rathbone Group (RAT)
Director name: Mathias,Jennifer
Amount purchased: 7 @ 1,984.00p
Value: £138.88

Rathbone Group (RAT)
Director name: Stockton,Paul
Amount purchased: 7 @ 1,984.00p
Value: £138.88

British American Tobacco (BATS)
Director name: Marroco,Tadeu
Amount purchased: 5 @ 2,777.44p
Value: £138.87

Top Director Sells

Springfield Properties (SPR)
Director name: Smith ,Innes
Amount sold: 16,500 @ 152.00p
Value: £25,080.00

Springfield Properties (SPR)
Director name: Smith ,Innes
Amount sold: 13,500 @ 152.00p
Value: £20,520.00

Victrex Plc (VCT)
Director name: Armitage ,Richard
Amount sold: 600 @ 2,474.57p
Value: £14,847.42