- GlobalData CEO sells four million shares
- Jadestone Energy director buys stock
- Johnson Matthey CFO designate also buys
Michael Danson, chief executive of GlobalData (DATA:AIM), sold two separate tranches of shares in London-based data analytics and consulting company on 11 February.
Danson sold two million shares at 195p, for a total value of £3.9 million, and a further two million shares at 199p for a total value of £3.98 million on the same day.
Danson’s move came after the company said in a trading update on the 6 February that it intended to graduate from AIM and list on London’s main market.
The company said.‘The board believes admission will further enhance the company's corporate profile and recognition, as well as extending the opportunity to own the company's ordinary shares to a broader group of UK and global institutional shareholders.’
JADESTONE ENERGY DIRECTOR BUYS IN
Tyrus Capital Special Situations Master Fund, a PCA (person closely associated) with Gunter Waldner, a director of Asia-pacific focused Jadestone Energy (JSE:AIM), bought 896,500 shares at 27p for a total value of £239,814 on the 10 February.
Jadestone Energy’s shares have made a healthy gain of 31% so far this year after the company reported (20 January) record oil production for 2024 of an average 18,700 barrels per day representing around 35% production growth year-on-year.
JOHNSON MATTHEY CFO DESIGNATE ALSO A BUYER
Richard Pike, CFO designate of speciality chemicals company Johnson Matthey (JMAT), bought 75,000 shares at £14.54 for a total value of £1.09 million on 12 February.
Pike’s move shows faith in the company despite its largest shareholder, Standard Investments, urging a shake-up and strategic review (on 8 January).
New York-based Standard became a shareholder in the FTSE 250 firm in 2022 and has 11% stake in the company.
