Rotala chairman increases stake in company

Rotala’s chairman has purchased another 113,000 shares in the company through his family trust.

The Gunn Family Charitable Trust, for which chairman John Gunn is a beneficiary, bought the shares on Wednesday for a total sum of £85,880.

It takes Gunn’s direct beneficial interest in the company to 16.11%, as well as a total direct and indirect interest of 24.16%.

Chief executive Simon Dunn also topped up his stake with a small purchase on the same day.

He bought 5,013 shares for just under £3,800, taking his total shareholding to 1,413,170 shares, for a stake of 3.72%.

It comes a couple of weeks after Rotala announced it had purchased OFJ Connections’ Heathrow operations for £1.3m, which is estimated to have revenues of approximately £5.5m.

OFJ deals with the movement of crew for a large number of airlines from their aircraft to their hotels and other destinations, including Gatwick airport.

Rotala said it plans to fully integrate the business with its existing business in the Heathrow area.

As part of the agreement, it will also acquire a vehicle fleet valued at £0.65m, but has not assumed any other assets or liabilities.

Top Director Buys

Rotala (ROL)
Director name: Mr John Gunn
Amount purchased: 113,000 @ 76.00p
Value: £85,880

Collagen Solutions (COS)
Director name: Mr David Evans
Amount purchased: 1,000,000 @ 7.50p
Value: £75,000

Dillistone Group (DSG)
Director name: Mr Mike Love
Amount purchased: 60,000 @ 69.50p
Value: £41,700

Curtis Banks Group (CBP)
Director name: Mr Louis Jules Hydleman
Amount purchased: 12,500 @ 320.00p
Value: £40,000

Polar Capital Technology Trust (PCT)
Director name: Ms. Charlotta Ginman-Jones
Amount purchased: 2,744 @ 552.00p
Value: £15,147

Caledonia Mining Corporation (CMCL)
Director name: Mr James Johnstone
Amount purchased: 12,000 @ 41.25p
Value: £4,950

Verona Pharma (VRP)
Director name: Mr David Ebsworth
Amount purchased: 400,000 @ 2.50p
Value: £10,000

Top Director Sells

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Director name: Mr Michael Masterman
Amount sold: 3,000,000 @ 0.60p
Value: £18,000