Director dealings: Savannah non-exec invests, Lok'nStore director sells holding

Lithium developer Savannah Resources was on the list of director buys on Friday, after a non-executive director picked up almost half a million shares.

The company said Mary Jo Jacobi purchased 480,900 shares on 20 July, in a single transaction on the London Stock Exchange.

Jacobi paid 4.6523p for each share, valuing the transaction at a total of £22,372.91.

“Following this acquisition, Ms Jacobi has a total beneficial interest in 480,900 ordinary shares, representing 0.03% of the company's issued share capital,” Savannah said in its disclosure.

On the selling side of the ledger, Lok’nStore Group disclosed a sale made by a non-executive director for tax purposes.

The company said it was notified on 20 July that non-executive director Charles Peal had, as part of his personal tax planning, sold 267,049 shares from his self-invested pension plan (SIPP) at a price of 769.68p each.

It said the proceeds would be distributed, and thus liable to income tax.

Lok’nStore said Peal intended, subject to market conditions, to re-invest the majority of the post-tax net proceeds into shares in due course.

“As a result of this sale, Mr Peal's beneficial interest in the company amounts to 499,301 ordinary shares representing 1.52% of the company's total voting rights,” the firm said.

At 1610 BST, shares in Lok’nStore Group were down 1.25% at 790p, while those in Savannah Resources were up 0.88% at 4.59p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Gcp Infrastructure Investments Ltd (GCP)
Director name: Chapman,Julia
Amount purchased: 41,446 @ 83.40p
Value: �34,565.96

Savannah Resources (SAV)
Director name: Jacobi,Mary Jo
Amount purchased: 480,900 @ 4.65p
Value: �22,372.91

Gcp Infrastructure Investments Ltd (GCP)
Director name: Chapman,Julia
Amount purchased: 19,000 @ 80.30p
Value: �15,257.00

(PRE)
Director name: Atherley,Paul Campbell
Amount purchased: 43,064 @ 25.40p
Value: �10,938.26

Smith & Nephew (SN.)
Director name: Nath,Deepak
Amount purchased: 458 @ 2,320.00p
Value: �10,625.00

Supermarket Income Reit (SUPR)
Director name: Davies,Frances
Amount purchased: 12,000 @ 78.08p
Value: �9,369.12

Schroder European Real Estate Investment Trust (SERE)
Director name: Edwards,Elizabeth
Amount purchased: 10,000 @ 76.59p
Value: �7,659.16

Wood Group (john) (WG.)
Director name: Gilmartin ,Ken
Amount purchased: 4,418 @ 145.00p
Value: �6,406.10

Wood Group (john) (WG.)
Director name: Kemp,David
Amount purchased: 2,905 @ 145.00p
Value: �4,212.25

Krm22 (KRM)
Director name: Todd,Thomas Keith
Amount purchased: 4,500 @ 43.60p
Value: �1,962.00

Spiritus Mundi (SPMU)
Director name: Peh,Zaccheus
Amount purchased: 20,000 @ 4.00p
Value: �800.00

Spiritus Mundi (SPMU)
Director name: Peh,Zaccheus
Amount purchased: 10,000 @ 3.99p
Value: �399.00

Johnson Matthey (JMAT)
Director name: Condon,Liam
Amount purchased: 21 @ 1,848.94p
Value: �388.28

Johnson Matthey (JMAT)
Director name: Oxley,Stephen
Amount purchased: 18 @ 1,848.94p
Value: �332.81

Pennon Group (PNN)
Director name: Davy ,Susan
Amount purchased: 21 @ 740.82p
Value: �155.57

Wood Group (john) (WG.)
Director name: Kemp,David
Amount purchased: 103 @ 144.00p
Value: �148.32

Pennon Group (PNN)
Director name: Boote,Paul
Amount purchased: 20 @ 740.82p
Value: �148.16

Wood Group (john) (WG.)
Director name: Kemp,David
Amount purchased: 52 @ n/a
Value: n/a

Top Director Sells

Lok'n Store Group (LOK)
Director name: Peal,Charles
Amount sold: 267,049 @ 769.68p
Value: �2,055,422.81

Revolution Beauty Group (REVB)
Director name: Holt,Robert
Amount sold: 2,250,000 @ 30.00p
Value: �675,000.03

Krm22 (KRM)
Director name: Todd,Thomas Keith
Amount sold: 4,500 @ 43.00p
Value: �1,935.00