- Pebble chief executive raises stake
- Capricorn Energy director buys stock
- Keller director sells £192,034 shares
Christopher Lee, head of digital commerce company Pebble Group (PEBB:AIM), bought 270,000 shares at 37p for a total value of £99,900 on 14 April.
The purchase represents 0.17% of the company's issued ordinary share capital.
Year-to-date shares are down 22%, after the company reported lower first-half sales and profits, but the purchase by Lee - who has been with Pebble Group for 24 years - lifts his stake to just under 6.5 million shares or 4% of the issued share capital.
CAPRICORN ENERGY DIRECTOR BUYS IN
Palliser Capital, an entity closely associated with Sachin Mistry, non-executive director of UK oil and gas exploration and development company Capricorn Energy (CNE), bought 26,331 shares at 194p for a total value of £51,032 on 25 April.
Year-to-date Capricorn shares have fallen nearly 30% and Mistry’s move could be seen as taking advantage of the company’s recent depressed share price.
Back in March, the oil and gas firm reported disappointing annual results compared to its peers.
Revenue for the year ending 31 March was $42 million and group net cash of $23 million, comprising of $123 million cash and $100 million debt.
KELLER DIRECTOR SELLS £192,034 SHARES
Kerry Porritt, chief sustainability officer at FTSE 250 infrastructure and regeneration group Keller (KLR), sold 1,396 shares at £13.96 for a total value of £192,034 on 14 April.
Porritt’s move comes after the company reported results ahead of expectations in early March, with underlying operating profit rising 22% to £212.6 million and FCF (free cash flow) up 87% to £192.6 million.
In addition to beating forecasts, Keller announced a multi-year share buyback programme with an initial tranche of £25 million starting in the first quarter of 2025.
Over the past year the company’s shares have gained 26%.
