Director dealings: Audioboom chair invests, Babcock CEO covers tax bill

The company said Michael Tobin picked up 5,128 ordinary shares on 8 August, in a single transaction on the London Stock Exchange.

Tobin paid 195p for each share, valuing the transaction at a total of £9,999.60.

“Following this purchase, Michael Tobin holds 774,452 ordinary shares in the company, representing approximately 4.7% of the company's issued share capital,” Audioboom confirmed in its statement to the market.

On the selling side of things was Babcock International, whose chief executive officer sold a number of shares to cover a tax bill arising from the exercise of options.

It said David Lockwood picked up 168,824 shares on the exercise of nil-cost options, before selling 79,574 of them to satisfy tax, National Insurance and dealing charges.

Lockwood sold the shares for 375.5p each, valuing the transaction at £298,800.37.

As a result, Lockwood retained 89,250 of the option shares after the exercise and sale.

At the close on Wednesday, shares in Audioboom were up 5.13% at 205p, while those in Babcock International Group were 3.66% firmer at 391p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Pantheon International (PIN)
Director name: Burgess ,John
Amount purchased: 258,214 @ 280.00p
Value: �722,999.19

Atlantic Lithium Limited Npv (di) (ALL)
Director name: Herbert,Neil Lindsey
Amount purchased: 290,000 @ 17.20p
Value: �49,880.00

Atlantic Lithium Limited Npv (di) (ALL)
Director name: Harsas ,Amanda
Amount purchased: 150,000 @ 17.19p
Value: �25,785.00

European Metals Holding Limited (di) (EMH)
Director name: Bloomfield,Lincoln Palmer
Amount purchased: 52,350 @ $0.87
Value: $24,106.56

Audioboom Group (BOOM)
Director name: Tobin,Michael
Amount purchased: 5,128 @ 195.00p
Value: �9,999.60

Atlantic Lithium Limited Npv (di) (ALL)
Director name: Harsas ,Amanda
Amount purchased: 50,000 @ $0.35
Value: $9,262.69

Afc Energy (AFC)
Director name: Bullard,Gary
Amount purchased: 35,000 @ 15.15p
Value: �5,302.50

Judges Scientific (JDG)
Director name: Lavelle,Mark
Amount purchased: 4 @ 9,348.00p
Value: �373.92

Judges Scientific (JDG)
Director name: Prestidge,Tim
Amount purchased: 4 @ 9,348.00p
Value: �373.92

Judges Scientific (JDG)
Director name: Cicurel,David
Amount purchased: 4 @ 9,348.00p
Value: �373.92

Judges Scientific (JDG)
Director name: Ormsby,Bradley Leonard
Amount purchased: 2 @ 9,348.00p
Value: �186.96

Top Director Sells

Babcock International Group (BAB)
Director name: Lockwood,David
Amount sold: 79,574 @ 375.50p
Value: �298,800.38