Universe Group director sells partial stake to fund property acquisition
One of Universe Group’s directors has sold a 3.5m share stake in the company to help fund a property acquisition.
FTSE AIM All-Share
729.40
09:20 15/11/24
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10,965.11
09:19 15/11/24
Universe Group
11.50p
14:59 19/01/22
The point of sale, payment and on-line loyalty systems provider revealed on Monday that director Baljit Tank sold the shares for £262,500 late last week.
He still holds a 5.1% stake in the company with 11,804,257 shares.
Another director, Robert Smeeton, picked up a small portion of his shares in the transaction, buying 240,000 shares for £18,000.
Top Director Buys
Morrison (Wm) Supermarkets (MRW)
Director name: Mr Rooney Anand
Amount purchased: 12,500 @ 160.36p
Value: £20,045
Universe Group (UNG)
Director name: Mr Robert Smeeton ACA
Amount purchased: 240,000 @ 7.50p
Value: £18,000
Aberdeen New Dawn Investment Trust (ABD)
Director name: Mr Susie Rippingall
Amount purchased: 12,500 @ 139.43p
Value: £17,429
Caledonia Mining Corporation (CMCL)
Director name: Mr John Lawson Kelly
Amount purchased: 27,000 @ 41.71p
Value: £11,262
International Biotech Trust (IBT)
Director name: Mr Caroline Gulliver
Amount purchased: 2,500 @ 468.00p
Value: £11,700
Top Director Sells
Universe Group (UNG)
Director name: Mr Baljit Kumar Tank
Amount sold: 3,500,000 @ 7.50p
Value: £262,500