- Vodafone chair buys 823,500 shares
- Zotefoams director buys £21,000 shares
- Tatton CEO sells £1.1 million shares
Jean-Francois van Boxmeer, chair of telecoms giant Vodafone (VOD) has bought 823,500 shares at 69p for a total value of £568,215 on 28 March.
This move comes after Vodafone CFO Luka Mucic also bought a substantial number of shares in the telecoms giant.
Mucic snapped up 2,460,000 shares at 69p for a total value of £1.71 million on 18 March.
Vodafone recently announced the sale of its Italian business to Swisscom (SCMN:SWX) for €8 billion as well as a €4 billion share buyback programme.
ZOTEFOAMS DIRECTOR BUYS OVER £21,000 SHARES
Malcom Swift, non-executive director of lightweight foam manufacturer Zotefoams (ZTF) has bought 5,419 shares at 394p for a total value of £21,360 on 28 March.
Swift’s move comes after the company reported a balanced set of full year results – a 5% jump in pre-tax profits of £12.8 million.
The group CEO David Stirling said: ‘We have made a positive start to 2024, with overall sales ahead of the previous year’s record first quarter.’
Zotefoams shares have gained 11% to sit at the 390p over the past year.
TATTON CEO SELLS 200,000 SHARES
Paul Hogarth, CEO, and executive director of UK investment firm Tatton Asset Management (TAM) has sold 200,000 shares at 561p for a total value of £1,121,752 on 28 March.
Following the sale, Hogarth has 9,136,663 shares representing 15.10% in the company’s issued capital and remains the group’s largest shareholder, the company said in a statement.
Last November the company saw its (assets under management) AUM increase by 19.8% for the six months ending 30 September 2023.
Over the past year shares have gained 25%.
