Director dealings: Airtel director's entity invests, Gran Tierra CEO sells
Two notable director dealings disclosed to the London market on Thursday involved significant transactions by entities connected to Airtel Africa and Gran Tierra Energy.
Airtel Africa, a telecommunications provider across 14 African markets, reported a share purchase by Indian Continent Investment, an entity closely associated with Shravin Bharti Mittal.
On 27 December, the entity acquired 15 million shares at a price of 105p per share, amounting to a total value of £15.75m.
The transaction occurred outside a trading venue, and was formally notified to the company on 30 December.
Meanwhile, Gran Tierra Energy, a Calgary-based oil and gas producer focused on Latin America, disclosed the disposal of common shares by its president and chief executive officer Gary Guidry.
Guidry sold 52,000 shares at $6.99 each on 27 December, generating proceeds of $363,480.
The transaction also took place outside a trading venue.
At 1521 GMT, shares in Airtel Africa were up 2.38% at 116.3p, while those in Gran Tierra Energy were up 5.77% at 550p.
Reporting by Josh White for Sharecast.com.
Top Director Buys
Airtel Africa (AAF)
Director name: Mittal,Shravin Bharti
Amount purchased: 15,000,000 @ 105.00p
Value: £15,749,999.28
Victoria (VCP)
Director name: Petken,Gavin
Amount purchased: 147,058 @ 68.00p
Value: £99,999.44
Brooks Macdonald Group (BRK)
Director name: Montague ,Andrea
Amount purchased: 6,000 @ 1,660.00p
Value: £99,600.00
Victoria (VCP)
Director name: Petken,Gavin
Amount purchased: 48,184 @ 78.75p
Value: £37,944.90
Brooks Macdonald Group (BRK)
Director name: Jones ,Katherine
Amount purchased: 2,027 @ 1,660.00p
Value: £33,648.20
Brooks Macdonald Group (BRK)
Director name: Montague ,Andrea
Amount purchased: 2,000 @ 1,660.00p
Value: £33,200.00
Brooks Macdonald Group (BRK)
Director name: Slendebroek,Maarten
Amount purchased: 1,375 @ 1,660.00p
Value: £22,825.00
Victoria (VCP)
Director name: Petken,Gavin
Amount purchased: 31,783 @ 69.22p
Value: £21,999.62
Microlise Group (SAAS)
Director name: Lee,Jonathan Michael
Amount purchased: 19,417 @ 109.00p
Value: £21,164.53
Brooks Macdonald Group (BRK)
Director name: Jones ,Katherine
Amount purchased: 1,204 @ 1,661.00p
Value: £19,998.44
Victoria (VCP)
Director name: Petken,Gavin
Amount purchased: 28,147 @ 71.00p
Value: £19,984.37
Utilico Emerging Markets Ltd (di) (UEM)
Director name: Stobart,Eric St Clair
Amount purchased: 3,500 @ 212.11p
Value: £7,423.85
Utilico Emerging Markets Ltd (di) (UEM)
Director name: Liu,Isabel
Amount purchased: 2,819 @ 211.56p
Value: £5,963.88
Victoria (VCP)
Director name: Petken,Gavin
Amount purchased: 7,943 @ 66.60p
Value: £5,290.04
Utilico Emerging Markets Ltd (di) (UEM)
Director name: Bridgeman,Mark
Amount purchased: 2,454 @ 211.50p
Value: £5,190.21
Aviva (AV.)
Director name: Lambert,Pippa
Amount purchased: 988 @ 465.00p
Value: £4,594.20
Top Director Sells
Gran Tierra Energy Inc. (cdi) (GTE)
Director name: Guidry,Gary
Amount sold: 52,000 @ $6.99
Value: $299,727.87