Date: Wednesday 02 Oct 2013
LONDON (ShareCast) - Pharmaceuticals and services business Clinigen said Wednesday that Peter George, its Chief Executive Officer, has sold a further 0.5m shares in addition to the 2.8m disposed of on Monday.
The shares, which were all sold for 410p each, were part of the 8.7m placed with a number of directors on Monday.
George pocketed £2.050m from the most recent sale, and £11.6m from Monday's disposal.
The placing follows last week's full year results, which revealed a 49% jump in group revenue to £122.6m (FY12: £82.1m), which the firm said was driven by strong organic growth across all three operational businesses.
Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) climbed 30% to £22.4m (FY12: £17.3m), while underlying pre-tax profit increased by 29% to £20.4m (FY12: £15.8m) and reported pre-tax profits increased by 42% to £14.5m (FY12: £10.3m).
Top Director Buys
Altitude Group (ALT)
Director name: Mr Martin Roy Varley
Amount purchased: 410,000 @ 14.00p
Value: £57,400
Maven Income & Growth 2 VCT (MIG2)
Director name: Mr Bill Nixon
Amount purchased: 40,393 @ 49.50p
Value: £19,995
Fidessa Group (FDSA)
Director name: Mr John Hamer
Amount purchased: 931 @ 1,987.00p
Value: £18,499
Tiger Resource Finance (TIR)
Director name: Mr Colin Bird
Amount purchased: 625,000 @ 1.80p
Value: £11,250
Top Director Sells
CLS Holdings (CLI)
Director name: Mr Sten A Mortstedt
Amount sold: 211,368 @ 1,360.00p
Value: £2,874,605
Clinigen Group (CLIN)
Director name: Mr Peter George
Amount sold: 500,000 @ 410.00p
Value: £2,050,000
Ithaca Energy Inc. (DI) (IAE)
Director name: Mr Graham Forbes
Amount sold: 610,000 @ 148.00p
Value: £902,800
Ithaca Energy Inc. (DI) (IAE)
Director name: Mr Iain McKendrick
Amount sold: 495,000 @ 148.00p
Value: £732,600
Maple Energy (MPLE)
Director name: Mr Tony L. Hines
Amount sold: 1,120,241 @ 40.00p
Value: £448,096
Canaccord Genuity Group Inc. (CF.)
Director name: Mr Alexis de Rosnay
Amount sold: 60,082 @ 394.33p
Value: £236,921
Ithaca Energy Inc. (DI) (IAE)
Director name: Mr John P Summers
Amount sold: 65,000 @ 148.00p
Value: £96,200
Ithaca Energy Inc. (DI) (IAE)
Director name: Mr Franklin (Frank) M Wormsbecker
Amount sold: 50,000 @ 148.00p
Value: £74,000
Ithaca Energy Inc. (DI) (IAE)
Director name: Mr Bradley Hurtubise
Amount sold: 50,000 @ 148.00p
Value: £74,000
Ithaca Energy Inc. (DI) (IAE)
Director name: Mr Jay M Zammit
Amount sold: 39,999 @ 148.00p
Value: £59,199
NR
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