- Everplay director sells 3.2 million shares
- Fevertree Drinks director buys 37,000 shares
- Science Group chair sells £8 million shares
Deborah Bestwick, non-executive director at video games developer Everplay (EVPL:AIM) has sold 3.2 million shares at 370p for a total value of £12 million on 5 September.
Following the sale, Bestwick has a beneficial interest of 23,381,243 ordinary shares, representing approximately 16% of the existing issued share capital of the company.
Bestwick’s move comes after the company saw a 10% fall in revenue to £72.4 million (2 September) for the six months ending 30 June, however the company expects its full year 2025 adjusted EBITDA to be slightly ahead of current stock market expectations.
Shares are up nearly 70% year-to-date and Beswick might be cashing in on some steep gains.
FEVERTREE DRINKS DIRECTOR BUYS 37,000 SHARES
Kevin Havelock, senior non-executive director of premium mixer drinks firm Fevertree Drinks (FEVR:AIM) has bought 37,000 shares at 846p for a total value of £313,020 on 12 September.
Havelock’s move comes after the company reported a positive set of interim results for the year ending 30 June after making good progress with its Molson Coors’ (TAP:NYSE) distribution network in the US (11 September).
The company also announced a further £30 million share buyback to run in full-year 2026.
By making this purchase, Havelock is perhaps showing confidence in the future of the tonic water-to-ginger beer supplier.
Year-to-date Fevertree shares are up 35%.
SCIENCE GROUP CHAIR SELLS 1.5 MILLION SHARES
Martyn Ratcliffe, executive chairman of Cambridge-based science and technology consultancy Science Group (SAG) has sold 1.5 million shares at 550p for a total value of £8 million on 5 September.
Following the sale Ratcliffe will retain a holding of 8,042,080 shares (including 80,000 shares in a SIPP), equivalent to 18.2% of the voting rights of Science Group.
The company said the transaction was executed ‘in order to provide liquidity to satisfy institutional demand.’
Science Group said ‘it was pleased to welcome a number of new institutional shareholders,’ as the ‘broader shareholder base’ strengthens its platform for the next phase of development.
