Director dealings: TMT board members buy shares at serious discount

Technology-focussed venture capital firm TMT Investments disclosed a number of share purchases made by board members on Friday.

The AIM-traded company said executive director Alexander Selegenev, and Macmillan Trading Company - owned by head of strategy German Kaplun, head of investments Artemii Iniutin, and head of business development Alexander Morgulchik - agreed to buy shares outside a trading venue.

It said the shares were being acquired for $3.50 each from Eclectic Capital.

Alexander Selegenev bought 28,572 shares, spending a total of $100,002, while Macmillan purchased 57,143 shares, valuing the transaction at $200,000.50.

Macmillan is 45.05% owned by Morgulchik, with 37.17% held by Kaplun and 17.78% in the hands of Iniutin.

Following the acquisitions, TMT said Artemii Iniutin was interested in a total of 3,694,092 of its shares, representing 11.75% of its issued share capital, while German Kaplun was interested in 7,497,458 shares, or 23.84% of its issued capital.

Alexander Morgulchik, meanwhile, was interested in a total of 3,326,702 shares, or 10.58% of its issued share capital, and Alexander Selegenev was interested in 94,384 shares, or 0.3% of its issued capital.

At 1252 BST, shares in TMT Investments were down 0.99% in London, at $5.00.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Tmt Investments (TMT)
Director name: Selegenev,Alexander
Amount purchased: 28,572 @ $3.50
Value: $100,002.00

Brickability Group (BRCK)
Director name: McErlain,Susan
Amount purchased: 24,374 @ 82.00p
Value: £19,986.68

Morgan Sindall Group (MGNS)
Director name: Quashie,Kathy
Amount purchased: 450 @ 1,847.00p
Value: £8,311.50

Angling Direct (ANG)
Director name: Keen,Chris
Amount purchased: 7,775 @ 33.53p
Value: £2,606.72

Angling Direct (ANG)
Director name: Keen,Chris
Amount purchased: 3,700 @ 33.45p
Value: £1,237.65

Angling Direct (ANG)
Director name: Keen,Chris
Amount purchased: 2,900 @ 33.78p
Value: £979.59

Pz Cussons (PZC)
Director name: Myers,Jonathan
Amount purchased: 71 @ 212.00p
Value: £150.52

Pz Cussons (PZC)
Director name: Pollard,Sarah
Amount purchased: 70 @ 212.00p
Value: £148.40

Top Director Sells

Industrials Reit Limited (MLI)
Director name: Arenson,Paul
Amount sold: 3,000,000 @ 175.00p
Value: £5,250,000.00

Travis Perkins (TPK)
Director name: Roberts,Nick
Amount sold: 43,324 @ 915.04p
Value: £396,431.94