(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
It is important to remember that the value of investments can go down as well as up and it is possible to get back less than you invested, especially in the early years. Past performance is no guarantee of future returns and interest rates and dividends are variable and cannot be guaranteed in the future. Any tax treatment mentioned is based on personal circumstances and current legislation which is subject to change. In the event of a client having a complaint about our services we will do our best to resolve that complaint promptly and to the client's satisfaction. However if we are unable to do so, the client may have the right to complain to the Financial Ombudsman Service. Further information can be found on the Financial Ombudsman Services's Website at www.financial-ombudsman.org.uk.