DIRECTOR DEALINGS: New B&M CEO Tjeerd Jegen buys PS500,000 in shares
The following is a round-up of share dealings by London-listed company directors and managers announced in the past several days and not separately reported by Alliance News:
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Brickability Group PLC - Bridgend, Wales-based construction materials distributor - Paul Hamilton, managing director of the Distribution division, sells 3.0 million shares, and Clive Norman, non-executive director, sells 1.0 million, both at 69 pence, worth £2.8 million in total, on Wednesday last week. Hamilton retains 16.0 million shares, a 5.0% stake, while Norman has 2.0 million.
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Jadestone Energy PLC - Singapore-based production and development in Australia, Malaysia, Indonesia and Vietnam - Tyrus Capital Special Situations Master Fund Sarl buys 4.4 million shares at 21p, worth £933,333. Tyrus is connected to Jadestone director Gunter Waldner.
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B&M European Value Retail SA - Luxembourg-based variety goods value retailer in UK and France - Tjeerd Jegen starts as chief executive office on Monday and ahead of this he buys 197,900 shares at £2.61 to £2.70, worth £523,560, last week. Jegen was most recently CEO of Dutch e-bike manufacturer Accell Group BV. He remains a senior advisor to Accell, B&M notes on Tuesday, and is set to become Accell’s non-executive chair.
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GSK PLC - London-based pharmaceutical maker - Sally Jackson, senior vice president for Global Communications & CEO Office, sells 29,763 shares at £15.44, worth £459,681, on Thursday last week.
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World Chess PLC - London-based chess promoter and tournament organiser - Ilya Merenzon, CEO and majority shareholder, sells 11.9 million shares at £0.034 to £0.039, worth £423,800, on Jun 4 to 12. Merenzon now has a 53.9% stake, down from 54.9%.
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First Tin PLC - tin mine developer with projects in Germany and Australia - Arlington Group Asset Management Ltd buys 1.7 million shares at 6.00p, worth £102,890, on Monday. Arlington now has 52.4 million shares, a 11.6% stake. First Tin Chair Charles Cannon Brookes owns 50% of Arlington.
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