Director dealings: Liontrust CFO digs in claws after Argonaut acquisition

Liontrust Asset Management's chief operating and financial officer Vinay Abrol and his wife have topped up their stake in the independent fund management group.

On their share shopping trip the Abrols spent £121,000, buying 44,000 shares at 275p and 275.14p.

Following these transactions the Abrols own 894,628 shares, representing 1.97% of the issued ordinary share capital of the company.

A trading statement earlier this month, for the period before the company completed the acquisition of European Income Business of Argonaut Capital Partners, showed positive net inflows of £66m in the three months to the end of June, with assets under management up to £4.8bn.

The acquisition will add £283m to this total and broaden the range of equity income funds with continental Europe being added to existing UK, Asia and Global funds.

Top Director Buys

Liontrust Asset Management (LIO)
Director name: Abrol,Vinay Kumar
Amount purchased: 22,000 @ 275.14p
Value: £60,530.80

Liontrust Asset Management (LIO)
Director name: Abrol,Vinay Kumar
Amount purchased: 22,000 @ 275.00p
Value: £60,500.00

French Connection Group (FCCN)
Director name: Angelides,C E
Amount purchased: 50,000 @ 35.50p
Value: £17,750.00

Coca-cola Hbc Ag (cdi) (CCH)
Director name: Lois ,Dimitris
Amount purchased: 403 @ 1,579.16p
Value: £6,371.18

Imagination Technologies Group (IMG)
Director name: Millward,Guy
Amount purchased: 1,696 @ 212.20p
Value: £3,598.91

Imagination Technologies Group (IMG)
Director name: Heath ,Andrew
Amount purchased: 1,696 @ 212.20p
Value: £3,598.91

Oxford Biomedica (OXB)
Director name: Tallarigo ,Lorenzo
Amount purchased: 63,351 @ 4.17p
Value: £2,641.74

Tethyan Resources (TETH)
Director name: Mullens , Peter James
Amount purchased: 50,000 @ 3.95p
Value: £1,975.00

Coca-cola Hbc Ag (cdi) (CCH)
Director name: Lois ,Dimitris
Amount purchased: 121 @ 1,579.16p
Value: £1,911.34

Saga (SAGA)
Director name: Hill,Jonathan
Amount purchased: 149 @ 201.09p
Value: £299.63

Kaz Minerals (KAZ)
Director name: Southam,Andrew
Amount purchased: 112 @ 133.80p
Value: £149.86

Fidessa Group (FDSA)
Director name: Skelton ,Andy
Amount purchased: 5 @ 2,411.00p
Value: £120.55

Fidessa Group (FDSA)
Director name: Aspinwall,Chris
Amount purchased: 5 @ 2,411.00p
Value: £120.55

Fidessa Group (FDSA)
Director name: Hamer,John
Amount purchased: 5 @ 2,411.00p
Value: £120.55

Top Director Sells

Vodafone Group (VOD)
Director name: Read,Nick
Amount sold: 400,000 @ 235.41p
Value: £941,640.00