By Josh White
Date: Thursday 14 Dec 2023
LONDON (ShareCast) - (Sharecast News) - Two significant director dealings were disclosed to the market on Thursday, with one of Airtel Africa's shareholders crossing the 15% holding threshold, while BT's finance chief sold a chunk of his holding.
Indian Continent Investment, associated with Airtel Africa board member Shravin Bharti Mittal, made a substantial purchase of shares.
The transaction, conducted under off-market bilateral private arrangements, involved the acquisition of 94,593,705 shares for 96.04p each, making for a total value of £90.85m.
It took place on 12 December, outside of regular trading venues.
As a result of the acquisition, Indian Continent Investment via Bharti Overseas Private now had voting rights over 567,665,566 shares in Airtel Africa, representing 15.1% of the company.
That marked a notable increase from its previous position, which stood at 12.58% of the firm.
On the other side of the ledger, BT Group chief financial officer Simon Lowth executed the sale of some of his shares.
Lowth sold 160,000 shares on 12 December for 125p each, resulting in a total transaction value of £0.2m.
This sale took place on the London Stock Exchange.
Reporting by Josh White for Sharecast.com.
Top Director Buys
Airtel Africa (AAF)
Director name: Mittal,Shravin Bharti
Amount purchased: 94,593,704 @ 96.04p
Value: £90,847,791.93
Africa Opportunity Fund Limited (AOF)
Director name: Knapp,Robert C
Amount purchased: 3,000,000 @ 51.00p
Value: £1,855,430.97
Africa Opportunity Fund Limited (AOF)
Director name: Knapp,Robert C
Amount purchased: 1,387,375 @ 51.00p
Value: £858,059.51
Great Southern Copper (GSCU)
Director name: Bond,Charles Richard William
Amount purchased: 511,710 @ 139.00p
Value: £711,276.89
Afentra (AET)
Director name: Cloke,Ian Richard
Amount purchased: 602,874 @ 32.00p
Value: £192,919.68
Afentra (AET)
Director name: Cloke,Ian Richard
Amount purchased: 601,594 @ 30.36p
Value: £182,613.86
Astrazeneca (AZN)
Director name: Manz,Anna
Amount purchased: 487 @ 10,189.56p
Value: £49,623.16
Prudential (PRU)
Director name: Lu,Ming
Amount purchased: 5,600 @ 879.40p
Value: £49,246.40
Symphony International Holdings Ltd. (SIHL)
Director name: Thadani,Anil
Amount purchased: 100,035 @ $0.44
Value: $43,515.23
Van Elle Holdings (VANL)
Director name: Cutler,Mark
Amount purchased: 100,000 @ 39.00p
Value: £39,000.00
Great Southern Copper (GSCU)
Director name: Greene,Stuart
Amount purchased: 2,881,402 @ 1.20p
Value: £34,576.82
Tullow Oil (TLW)
Director name: Goethe,Roald
Amount purchased: 100,000 @ 33.18p
Value: £33,180.00
Conygar Investment Company (CIC)
Director name: Hamway,Nigel J
Amount purchased: 17,000 @ 85.70p
Value: £14,569.00
Conygar Investment Company (CIC)
Director name: Sandhu,Bimaljit S (Bim)
Amount purchased: 17,000 @ 85.70p
Value: £14,569.00
Conygar Investment Company (CIC)
Director name: Ware,Robert T E
Amount purchased: 17,000 @ 85.70p
Value: £14,569.00
Avon Protection (AVON)
Director name: Sclater,Jos
Amount purchased: 1,553 @ 791.78p
Value: £12,296.38
Avon Protection (AVON)
Director name: Cashin,Rich
Amount purchased: 1,490 @ 791.78p
Value: £11,797.55
Great Southern Copper (GSCU)
Director name: Garrett,Samuel James Melville
Amount purchased: 579,137 @ 1.45p
Value: £8,397.49
Great Southern Copper (GSCU)
Director name: Briers,Nicholas Michael
Amount purchased: 332,433 @ 2.27p
Value: £7,546.23
Symphony International Holdings Ltd. (SIHL)
Director name: Thadani,Anil
Amount purchased: 9,887 @ 46.90p
Value: £5,623.29
Symphony International Holdings Ltd. (SIHL)
Director name: Thadani,Anil
Amount purchased: 5,591 @ 46.01p
Value: £3,119.57
Symphony International Holdings Ltd. (SIHL)
Director name: Thadani,Anil
Amount purchased: 5,540 @ 42.80p
Value: £2,875.46
Sthree (STEM)
Director name: Beach,Andrew
Amount purchased: 36 @ 425.00p
Value: £153.00
Team17 Group (TM17)
Director name: Crawford ,Mark
Amount purchased: 96 @ 156.90p
Value: £150.62
Sthree (STEM)
Director name: Lehne,Timo
Amount purchased: 14 @ 425.00p
Value: £59.50
Top Director Sells
Softcat (SCT)
Director name: Charlton,Graham
Amount sold: 17,092 @ 1,312.00p
Value: £224,247.04
Bt Group (BT.A)
Director name: Lowth,Simon
Amount sold: 160,000 @ 125.00p
Value: £200,000.00
Afentra (AET)
Director name: Cloke,Ian Richard
Amount sold: 617,190 @ 30.35p
Value: £187,317.16
Barclays (BARC)
Director name: Venkatakrishnan,C.S.
Amount sold: 131,098 @ 142.82p
Value: £187,234.16
Afentra (AET)
Director name: Cloke,Ian Richard
Amount sold: 555,069 @ 32.00p
Value: £177,622.08
Tremor International Ltd (di) (TRMR)
Director name: Carmi ,Yaniv
Amount sold: 82,500 @ $2.13
Value: $144,965.15
Barclays (BARC)
Director name: Cross,Anna
Amount sold: 74,044 @ 142.82p
Value: £105,749.64
Mitchells & Butlers (MAB)
Director name: Urban,Phil
Amount sold: 16,049 @ 237.20p
Value: £38,068.23
Mitchells & Butlers (MAB)
Director name: Jones,Timothy (Tim) Charles
Amount sold: 13,429 @ 237.20p
Value: £31,853.59
Afentra (AET)
Director name: Cloke,Ian Richard
Amount sold: 34,033 @ 30.74p
Value: £10,461.74
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