- Vistry director buys 500,000 shares
- Smiths News CEO sells £716,681 shares
- Team17 director sells 3,026,694 shares
A person closely associated with Usman Nabi, non-executive director of housebuilder Vistry (VTY) has bought 500,000 shares at 737p for a total value of £3,687,412 on 8 November.
Browning West, an independent investment partnership based in Los Angeles, California is currently the company’s largest shareholder of which Nabi is managing partner and chief investment officer.
On 8 November, Vistry shares fell 19% as the housebuilder issued its second profit warning in a month.
Nabi could be taking advantage of the 45% fall in Vistry’s share price – shares since September 2024.
SMITHS NEWS CEO SELLS £716,681 SHARES
Jonathan Bunting, CEO of UK news wholesaler Smiths News (SNWS) has sold 1,183,423 shares at 61p for a total value of £716,681 on 6 November.
Bunting’s move comes after the company delivered better than expected full-year results on 5 November and announced a special dividend of 2p per share.
The shares are up 18% year-to-date compared to a 6% gain from the FTSE All-Share index.
TEAM17 DIRECTOR SELLS £6,356,057 SHARES
Deborah Bestwick, non-executive director at video games developer Team17 (TM17:AIM) has sold 3,026,694 shares at 210p for a total value of £6,356,057 on 7 November.
Following the sale, Bestwick has a beneficial interest of 27,240,250 ordinary shares, representing approximately 18.7% of the existing issued share capital of the company.
Bestwick has agreed not to sell or otherwise dispose of any of her holding of ordinary shares for five months following completion of the sale, except with the prior written consent of UK investment bank Peel Hunt (PEEL).
