Koovs directors invest GPB1.1m in company

Three key directors of Koovs have all subscribed to new shares in the company with a total value of £1.1m.

The AIM-listed company announced the proposed subscription early of Friday, and then confirmed the total number of shares purchased later in the afternoon.

Chairman Lord Waheed Alli was the biggest purchaser, spending £0.9m for over 2.4m shares.

Both chief executive Mary Turner and chief creative officer Robert Bready both purchased over 0.27m shares for £0.1m

Top Director Buys

Koovs (KOOV)

Director name: Lord Waheed Alli

Amount purchased: 2,432,432 @ 37.00p

Value: £900,000

London Stock Exchange Group (LSE)

Director name: Mr Donald H Brydon

Amount purchased: 5,000 @ 2,477.63p

Value: £123,882

Koovs (KOOV)

Director name: Mr Robert Bready

Amount purchased: 270,270 @ 37.00p

Value: £100,000

Koovs (KOOV)

Director name: Ms Mary Turner

Amount purchased: 270,270 @ 37.00p

Value: £100,000

Athelney Trust (ATY)

Director name: Mr Simon Moore

Amount purchased: 5,000 @ 240.00p

Value: £12,000

Top Director Sells

Connect Group (CNCT)

Director name: Mr Nicholas Gresham

Amount sold: 25,762 @ 162.25p

Value: £41,799