LONDON (ShareCast) - (Sharecast News) - CLS Holdings was on the list of director buys on Wednesday, after its deputy chairman was linked to a purchase worth more than £2.5m.
The company said Creative Value Investment VI Limited picked up two million shares on 23 August, in a single transaction on the London Stock Exchange.

It paid 125.7p for each share, valuing the transaction at £2,514,000.00.

In its disclosure, CLS said Creative Value Investment VI Limited is closely associated with its non-executive director and deputy chairman, Anna Seeley.

It also described the entity as an investment vehicle of the Sten and Karin Mortstedt Family & Charity Trust.

On the selling side of the ledger was Paragon Banking Group, after its chief executive officer covered his tax bill on the exercise of a number of options.

The firm said Nigel Stewart Terrington exercised 55,302 nil-cost options on 23 August, which were granted under the Paragon Deferred Share Bonus Plan.

He then sold 26,045 shares to cover his tax withholding obligations and dealing costs, at 503.7948p apiece, netting a total of £131,213,36.

As a result, Terrington retained 29,257 shares from the exercise.

At the close on Wednesday, shares in CLS Holdings were up 1.62% at 125.6p, while those in Paragon Banking Group were 1.57% firmer at 506p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Cls Holdings (CLI)
Director name: Seeley,Anna L K
Amount purchased: 2,000,000 @ 125.70p
Value: �2,513,999.94

Aviva (AV.)
Director name: Blance,Andrea
Amount purchased: 26,500 @ 381.19p
Value: �101,015.25

Smith & Nephew (SN.)
Director name: Quarta,Roberto
Amount purchased: 5,513 @ 1,066.67p
Value: �58,805.78

Tialis Essential It (TIA)
Director name: Smith,Ian
Amount purchased: 100,000 @ 44.25p
Value: �44,250.00

Great Portland Estates (GPE)
Director name: Mully,Richard Stephen
Amount purchased: 10,000 @ 387.00p
Value: �38,700.00

Bluefield Solar Income Fund Limited (BSIF)
Director name: Scott,John
Amount purchased: 9,185 @ 108.87p
Value: �9,999.71

Molten Ventures (GROW)
Director name: Gentleman,Sarah
Amount purchased: 4,444 @ 225.00p
Value: �9,999.00

Bluefield Solar Income Fund Limited (BSIF)
Director name: Scott,John
Amount purchased: 9,125 @ 109.45p
Value: �9,987.31

Smith & Nephew (SN.)
Director name: Ma,John
Amount purchased: 288 @ 2,707.09p
Value: �7,796.42

Smith & Nephew (SN.)
Director name: White,Bob
Amount purchased: 288 @ 2,707.09p
Value: �7,796.42

Smith & Nephew (SN.)
Director name: Hofsaess,Katarzyna Mazur
Amount purchased: 488 @ 1,066.67p
Value: �5,205.37

Smith & Nephew (SN.)
Director name: Owen,Marc
Amount purchased: 190 @ 2,707.09p
Value: �5,143.47

Smith & Nephew (SN.)
Director name: Medlock,Rick
Amount purchased: 353 @ 1,066.67p
Value: �3,765.36

Smith & Nephew (SN.)
Director name: Risley,Angie
Amount purchased: 323 @ 1,066.67p
Value: �3,445.36

Smith & Nephew (SN.)
Director name: Hallas,Jo
Amount purchased: 323 @ 1,066.67p
Value: �3,445.36

Smith & Nephew (SN.)
Director name: Engstrom,Erik
Amount purchased: 323 @ 1,066.67p
Value: �3,445.36

Integrafin Holding (IHP)
Director name: Gunby,Jonathan
Amount purchased: 66 @ 226.80p
Value: �149.69

Integrafin Holding (IHP)
Director name: Scott,Alexander
Amount purchased: 66 @ 226.80p
Value: �149.69

Abrdn Smaller Companies Income Trust (ASCI)
Director name: Fletcher,David
Amount purchased: 1 @ 261.86p
Value: �2.62



Top Director Sells

Paragon Banking Group (PAG)
Director name: Terrington,Nigel S
Amount sold: 26,045 @ 503.79p
Value: �131,213.36

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