- Breedon purchase related to non-exec chairman
- Sofcat sale related to current chief executive
- Light Science Technologies director buys shares
A PCA or person closely associated to Amit Bhatia, non-executive chair of construction materials giant Breedon (BREE:AIM), bought 1.1 million shares at 383p for a total value of £4,210,250 on 10 May.
The purchase was made through Abicad Holding Limited, similar to a purchase at the beginning of April for 1.5 million shares at 385p for a total value of £5,775,000.
The FTSE 250 construction firm recently reported a 5% fall in revenue compared to the same year ago period, while year-to-date the shares have gained 8%.
CEO-RELATED SALE AT SOFTCAT
Meanwhile, a PCA to Graham Charlton, chief executive of IT reseller and adviser Softcat (SCT), sold 35,000 shares at £15.83 for a total value of £554,050 on 10 May.
The trade could be viewed as a spot of profit-taking after the company reported a 5.8% increase in operating profit for the six months to 31 January 2024.
Over the past six months, Softcat shares have gained 23%.
LIGHT SCIENCE TECHNOLOGIES DIRECTOR SNAPS UP SHARES
Graham Cooley, non-executive director of Light Science Technologies Holdings (LST: AIM), bought 2.42 million shares at 3p for a total value of £76,956 on 10 May.
Cooley now has 27.5 million shares in the Derbyshire-based agricultural lighting and monitoring systems representing 8.26% of the company’s issued capital.
The AIM-listed company recently signed an exclusive distribution agreement to market and sell its nurturGROW vertical farming lights in South Africa.
The agreement, with agricultural automation provider AgriLogiq Technical Systems, is the ‘first of many we look to implement globally’, said Light Science Technologies Holdings chief executive Simon Deacon.
