- Hollywood Bowl director sells 125,000 shares
- LSEG director Brand sells £2.6 million shares
- Endeavour Mining CEO sells 175,000 shares
Melanie Dickinson chief people officer (CPO) at ten-pin bowling and mini-golf centre operator Hollywood Bowl (BOWL) has sold 125,000 shares at 248p at a cash value of £309,588 on 12 April.
Dickinson’s sale comes as no surprise after the company delivered record first half revenues (10 April) which increased 11% to £111.1 million. Its shares were pushed closed to one year highs on the news at 250.8p.
The company is also making good progress in Canada since buying Splitsville in May last year and recently signed a contract for a new bowling centre in Ontario.
LSEG DIRECTOR SELLS £2.6 MILLION SHARES
Martin Brand non-executive director (NED) at London Stock Exchange Group (LSEG) has sold in aggregate 32,702 shares between 11 April and 13 April for a total consideration of £2.6 million as part of the company's share repurchase programme.
The company delivered a strong set of results at the beginning of March. LSEG announced it was raising its dividend payout due to their positive results - total income for the group rose almost 20% last year to £7.4 billion due to capital markets and post-trade businesses.
The company said the existing £750 million share repurchase scheme is only 40% complete but it is expected to be completed by July 2023.
ENDEAVOUR MINING CEO SELLS 175,000 SHARES
Sebastien de Montessus, CEO of Endeavour Mining (EDV) has sold 175,000 shares at £21.66 at a cash value of £3,790,500 on 12 April.
Montessus is not shy of the media spotlight. Last year he saw his pay almost halve, but he still took home nearly £9 million according to financial website This is Money.
The sale comes after several analysts’ positive feelings for the gold producer.
Canaccord is bullish on the stock raising its target price from C$43 to C$45 and repeating its ‘BUY’ rating.
Barclays has been impressed by Endeavour’s plans to sell is Boungou and Wahgnion mines which it reckons would reduce the gold miner’s group costs by almost a quarter.
