everyman cinema
Blue Coast Capital now owns 29% of up-market cinema group Everman Media / Image source: Adobe
  • Everyman non-exec ups stake
  • Robert Walters chair buys shares
  • Wizz Air executive buys stock

Michael Rosehill, non-executive director of up-market cinema group Everyman Media (EMAN:AIM), bought 750,000 shares at 53p for a total value of £397,500 on 1 August.

Rosehill is also a director of Blue Coast Capital – a private equity group. Following the transaction, Blue Coast Capital owns 26,603,639 shares equivalent to 29.2% of Everyman's issued share capital. Year-to-date, the shares are down 19%.

ROBERT WALTERS CHAIR BUYS 25,000 SHARES

Leslie van de Walle, chairman of recruitment firm Robert Walters (RWA), bought 25,000 shares at 378p for a total value of £94,625 on 2 August.

Van de Walle's holding in Robert Walters is now 52,500 ordinary shares.

The recruitment firm recently reported a disappointing second-quarter update with group net fee income down 12% due to muted client interest and a lack of candidate confidence, the company said in a statement. Year-to-date, the shares are down 18%.

WIZZ AIR CEO SNAPS UP £140,900 SHARES

Jozsef Varadi, chief executive of budget airline Wizz Air (WIZZ:AIM), bought 10,000 shares at £14.09 for a total value of £140,900 through a legal entity closely associated with him, VAXCO Holdings Co, on 2 August.

Varadi’s move comes after the budget airline reported a 98% fall in net profit to €1.2 million for the three months ending 30 June due to higher leasing costs for planes and a product recall from Airbus (AIR:EPA) engine supplier Pratt & Whitney engines.

Wizz Air is forecasting a net profit for the current financial year of between €350 million and €400 million, down from its previous guidance of between €500 million and €600 million.

The shares recently hit a new 52-week low and are down 35% year-to-date.

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Issue Date: 09 Aug 2024