Date: Tuesday 15 Apr 2014
LONDON (ShareCast) - Mike Pulli, the Chief Executive Officer of Pace has disposed of 50,000 shares, although it said the transaction was carried out to cover tax liabilities in the US.
The disposal generated just over £199,000, having traded in the shares at 398.10p.
He reduced his beneficial holding in the company to 603,912 shares.
Meanwhile, Greenko, which owns and operates clean energy projects, said that one of its non-executive directors, John Rennocks, had acquired a modest round of shares at 167.5p each.
The addition of the shares, costing £12,388, increased his stake by 7,396 to 44,521 shares.
The purchase came one day after the firm revealed it expects full-year results to meet expectations and said that the backdrop for renewable energy in India remains positive.
Greenko, which is focused on building new utility scale wind farms and hydropower projects across India, said that trading in the 12 months ended March 31st was “in line” with power generation up 17% at 1,050 gigawatts.
The company said that the early monsoon helped southern hydro generation rise by 43% during the year, while wind assets performed strongly. Northern hydro did “reasonably well” despite an extended winter and limited snowmelt at the start of the year.
Top Director Buys
Fastjet (FJET)
Director name: Mr Edward Winter
Amount purchased: 31,250,000 @ 1.60p
Value: £500,000
Elementis (ELM)
Director name: Mr Andrew Duff
Amount purchased: 50,000 @ 279.53p
Value: £139,765
Fastjet (FJET)
Director name: Mr Angus Saunders
Amount purchased: 6,250,000 @ 1.60p
Value: £100,000
Xchanging (XCH)
Director name: Mr David Bauernfeind
Amount purchased: 50,000 @ 162.60p
Value: £81,300
Namibian Resources (NBR)
Director name: Mr Brian Moritz
Amount purchased: 5,760,000 @ 1.25p
Value: £72,000
InternetQ (INTQ)
Director name: Mr Timothy Grainger
Amount purchased: 9,211 @ 380.00p
Value: £35,002
InternetQ (INTQ)
Director name: Mr Harris Jones
Amount purchased: 6,579 @ 380.00p
Value: £25,000
Polar Capital Technology Trust (PCT)
Director name: Mr Peter Hames
Amount purchased: 4,000 @ 436.93p
Value: £17,477
Kromek Group (KMK)
Director name: Mr Lawrence Henry Neil Kinet
Amount purchased: 30,000 @ 46.00p
Value: £13,800
InternetQ (INTQ)
Director name: Mr Iain B Johnston
Amount purchased: 3,289 @ 380.00p
Value: £12,498
Top Director Sells
Bodycote (BOY)
Director name: Mr Stephen C Harris
Amount sold: 231,144 @ 767.76p
Value: £1,774,631
Bodycote (BOY)
Director name: Mr David F Landless
Amount sold: 154,750 @ 767.76p
Value: £1,188,109
Miton Group (MGR)
Director name: Mr Martin Gray
Amount sold: 800,000 @ 44.50p
Value: £356,000
Xchanging (XCH)
Director name: Mr Ken Lever
Amount sold: 188,031 @ 161.50p
Value: £303,670
Intu Properties (INTU)
Director name: Mr David Fischel
Amount sold: 84,500 @ 291.90p
Value: £246,655
Pace (PIC)
Director name: Mr Mike Pulli
Amount sold: 50,000 @ 398.10p
Value: £199,050
Intu Properties (INTU)
Director name: Mr Matthew Roberts
Amount sold: 62,179 @ 291.90p
Value: £181,501
Xchanging (XCH)
Director name: Mr David Bauernfeind
Amount sold: 90,000 @ 161.50p
Value: £145,350
NR
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