Market News

Director dealings: Allied Minds director lowers stake

16/05/2018 16:49

(Sharecast News) - Michael Turner, general counsel and company secretary of innovation company Allied Minds, disposed of 112,491 ordinary shares in the firm at 118.54p on Wednesday. The £133,347 sale was of a portion of shares issued to Turner a day earlier that had been granted to him on 4 June 2015 as part of Allied Minds' long-term incentive plan. Allied Minds announced earlier on Wednesday that its subsidiary, Federated Wireless, alongside Verizon, Ericsson and Qualcomm Technologies, had successfully tested 4G long-term evolution technology over Verizon's Citizens Broadband Radio Services spectrum. Devices that can access the 700 megahertz spectrum aggregated with 50 megahertz of CRBS band 48 spectrum are expected to be launched in 2018. As of 1640 BST, Allied shares had picked up 2.88% to 121.60p. Top Director Buys Jardine Matheson Holdings Ltd (Singapore Reg) (JAR) Director name: Sir Henry Keswick Amount purchased: 16,874 @ $82.75 Value: $1,396,384 Jardine Matheson Holdings Ltd (Singapore Reg) (JAR) Director name: Mr Simon Keswick Amount purchased: 10,151 @ $61.37 Value: $623,004 Jardine Matheson Holdings Ltd (Singapore Reg) (JAR) Director name: Mr Benjamin William Keswick Amount purchased: 3,214 @ $61.37 Value: $197,255 Vodafone Group (VOD) Director name: Mr Michel Demare Amount purchased: 50,000 @ 199.42p Value: £99,710 Vodafone Group (VOD) Director name: Mr Maria Amparo Moraleda Martinez Amount purchased: 19,467 @ 199.82p Value: £38,899 Avon Rubber (AVON) Director name: Mr Nick Keveth Amount purchased: 1,433 @ 1,419.00p Value: £20,334 Franchise Brands (FRAN) Director name: Mr David Poutney Amount purchased: 25,000 @ 78.00p Value: £19,500 Vodafone Group (VOD) Director name: Mr Maria Amparo Moraleda Martinez Amount purchased: 5,533 @ 199.84p Value: £11,057 F&C UK Real Estate Investments Limited (FCRE) Director name: Ms Alexa Henderson Amount purchased: 9,318 @ 107.50p Value: £10,017 Top Director Sells Allied Minds (ALM) Director name: Mr Joseph Pignato Amount sold: 139,036 @ 118.54p Value: £164,813 Allied Minds (ALM) Director name: Mr Michael Turner Amount sold: 112,491 @ 118.54p Value: £133,347

Investors should be aware that past performance is not a reliable indicator of future results and that the price of shares and other investments, may fall as well as rise and the amount realised may be less than the original sum invested.


Walker Crips Group plc (Old Change House, 128 Queen Victoria Street, London EC4V 4BJ), registered in England, registered number 1432059, incorporates the following companies which are authorised and regulated by the Financial Conduct Authority: Walker Crips Investment Management Limited registered in England number 4774117 member of the London Stock Exchange, Walker Crips Wealth Management Limited registered in England number 3790291, Ebor Trustees Limited registered in England number 3514268, Barker Poland Asset Management LLP registered in England and Wales number OC341149.