- Ashtead CEO buys 4,000 shares
- Ten Lifestyle chief operating officer sells £270,000 worth of stock
- DSW Capital CEO snaps up 508,700 shares
The CEO of equipment rental firm Ashtead (AHT), Brendan Horgan, has bought 4,000 shares at £53.20 for a total value of £212,800 on 12 December.
Horgan’s move comes after the company announced it was planning to move its primary listing to the US over the next 12-18 months.
Shares fell as the unveiling of the US listing plan was accompanied by a profit warning.
The US move came as no surprise given the company does most of its business across the Atlantic. Ashtead joins a list of UK companies moving their primary listing to New York including gaming and betting firm Flutter Entertainment (FLTR).
TEN LIFESTYLE COO SELLS £270,000 SHARES
Andrew Long, COO (chief operating officer) at global concierge platform Ten Lifestyle Group (TENG:AIM) has sold 600,000 ordinary shares at 45p for a total value if £270,000 on 10 December.
Following the disposal, Long has an interest in the company of 2.5 million ordinary shares representing 3% of the total voting rights of the company.
The company said in a statement that the sale was ‘a one-time transaction to provide personal liquidity to meet a specific requirement.’
Long has said he will not sell additional shares for the foreseeable future.
DSW DIRECTOR BUYS 508,700 SHARES
James Dow, CEO of financial advisory firm DSW Capital (DSW:AIM) has bought 508,700 shares at 67p for a total value of £338,286 on 11 December.
Following the purchase, Dow’s total beneficial interest in the company comprises 4,140,827 ordinary shares, representing 16.5% of the issued share capital of the company.
The firm recently announced a positive set of half year results with an adjusted pre-tax profit of £200,000.
The balance sheet remains strong the firm said with net assets of £7.5 million.
Over the past year DSW’s shares have gained 35%.
