- Vodafone CFO buys shares
- Outgoing Tristel boss sells shares
- Weston family places AB Foods stake
Luka Mucic, chief financial officer of Newbury-based mobile network operator Vodafone (VOD), bought 510,000 shares at 76.15p for a total value of £388,365 on 4 June.
Vodafone shares are down 1.1% year-to-date against a 5.6% gain for the FTSE 100.
The purchase came less than a week after Vodafone announced it had completed the sale of its Spanish operations to Zegona Communications for €5 billion comprising €4.1 billion in cash and €900 million of redeemable preference shares.
TRISTEL CEO SELLS £183,006 SHARES
Paul Swinney, outgoing chief executive of infection control and prevention specialist Tristel (TSTL) has sold 41,606 shares at 440p for a total of £183,006 on 11 June.
As a result, Swinney's beneficial interest in the company is 154,501 ordinary shares, representing 0.33% of the total issued share capital.
Swinney’s sale comes after the firm announced a new chief executive, Matt Sassone, who joins from US medical technology company Masimo Corporation (MASI:NASDAQ).
WESTON FAMILY PLACES 1.4% OF AB FOODS
At the end of May, the Weston family quietly sold a 1.4% stake or 10.3 million shares in Associated British Foods (ABF), the owner of high-street fashion retailer Primark, to a group of institutional investors at £25.50 per share.
The sale netted the Weston family around £262 million and leaves it with a 56.1% stake across its holding companies, making it still the biggest shareholder by far.
In April, the firm raised its full-year guidance as well as raising its interim dividend payment thanks to a strong first-half performance fromPrimark.
AB Foods' share price has risen 5.3% this year, slightly behind the FTSE 100 index.
