Clinigen director sells down

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In September 2015, Clinigen acquired specialist pharmaceutical and medical know-how enterprise Hyperlink Healthcare. Hyperlink’s chairman, John Bacon, joined Clinigen’s board and, together with all Hyperlink shareholders, was allotted Clinigen shares at a worth of 721p — the mid-market worth for the ten days of buying and selling main as much as the acquisition. However Mr Bacon has now bought down that holding, cashing in virtually £1.5m within the course of. In accordance with the corporate, Mr Bacon is “rationalising his private belongings”. However by promoting at 717p he has made a loss right here.

Aside from the temporary blip when Mr Bacon made his sale, Clinigen shares have been driving excessive because the group continues to enroll extra licensing offers. The Hyperlink acquisition has been instrumental to the group’s enlargement in Africa, Asia and Australia and in October it launched a Japanese enterprise as properly.

Dr Gideon Chitayat has proven his perception in BATM as soon as once more. The chairman of the managed IT providers and medical methods group just lately paid £one hundred fifty five,000 to boost his stake by half to 3m shares, or about zero.seventy four per cent of the corporate.

The acquisition follows a interval of combined buying and selling for BATM. Gross sales dipped in each the biomedical and networking and cyber divisions within the first half of 2016, widening the group’s adjusted working loss to $600,000 (£500,000). Nevertheless, gross sales of its diagnostic machines accelerated and administration added greater than 35 networking and cyber clients. And it lately signed a contract, value as much as $2.3m over three years, with a supplier of excessive-velocity computing and community providers to schooling and analysis establishments in Australia.

Dealer FinnCap expects adjusted pre-tax income of $800,000 in 2016, giving earnings per share of zero.four cents, in contrast with a $300,000 pre-tax loss and nil earnings per share in 2015.

Administrators’ Offers — November 21 2016
Firm Director Date No of shares Worth (p) Worth (£) Holding (shares)
BUY
3i Jonathan Asquith eleven/eleven/sixteen 26,000 617 one hundred sixty,420 forty,001
BATM Superior Communications  Gideon Chitayat (ch) 10/eleven/sixteen 1,000,000 15.5 one hundred fifty five,000 three,000,000
Burberry Carolyn McCall  10/eleven/sixteen 1,368 1449.forty seven 19,829 2,535
CVS♥ Simon Innes (ce) 15/eleven/sixteen 5,750 867 forty nine,853 252,225
Carclo  Michael Derbyshire (ch) sixteen/eleven/sixteen 10,000 124.seventy five 12,475 70,000
Carclo  Robert Rickman sixteen/eleven/sixteen 10,000 122.25 12,225 15,300
Computacenter  Gregory Lock (ch) 10/eleven/sixteen 800 736 5,888 565,four hundred
Computacenter  Gregory Lock (ch) 10/eleven/sixteen four,000 718.5 28,740 564,600
Computacenter  Gregory Lock (ch) eleven/eleven/sixteen 6,000 720 forty three,200 571,four hundred
Computacenter  Gregory Lock (ch) 14/eleven/sixteen 10,000 721 seventy two,one hundred 581,four hundred
Computacenter  Gregory Lock (ch) 15/eleven/sixteen 5,000 721 36,050 586,four hundred
Devro  Gerard Hoetmer (ch) 10/eleven/sixteen 15,000 178 26,seven hundred ninety,000
Devro  Paul Withers 14/eleven/sixteen 20,000 182.801 36,560 one hundred ten,000
Devro♥  Paul Neep 10/eleven/sixteen four,000 189.4686 7,579 224,893
Devro  Peter Web page (ceo) 10/eleven/sixteen eight,300 one hundred eighty.6875 14,997 690,740
Diageo  J Ferran 15/eleven/sixteen thirteen,000 1975 256,750 31,500
Gocompare.com Angela Seymour-Jackson 14/eleven/sixteen 36,973 sixty six.975 24,763 36,973
Grafenia  Peter Gunning (ceo) sixteen/eleven/sixteen 250,000 eight 20,000 1,250,000
Henderson Alternatives Belief  Peter Jones (ch) 15/eleven/sixteen 2,500 790.fifty eight 19,765 10,000
Henderson Smaller Corporations Funding Belief  Victoria Sant 14/eleven/sixteen 500 622 three,one hundred ten 500
Huntsworth  Paul Taaffe (ceo) 10/eleven/sixteen one hundred,000 forty forty,000 four hundred,000
Hydrogen Richard Inexperienced 15/eleven/sixteen 166,666 30 50,000 166,666
Informa  Helen Owers sixteen/eleven/sixteen 1,163 635.3838 7,390 three,663
JPMorgan Mid Cap Funding Belief  Michael Hughes (ch) eleven/eleven/sixteen 5,000 886.615 forty four,331 9,000
Kennedy Wilson Europe Actual Property  Simon Radford eleven/eleven/sixteen three,300 1017 33,561 12,500
Marks & Spencer Patrick Bousquet-Chavanne 14/eleven/sixteen 2,000 336.0677 6,721 one hundred twenty,398
Marks & Spencer Patrick Bousquet-Chavanne 15/eleven/sixteen 2,seven hundred 341.984 9,234 123,098
Menzies (John)  Geoff Eaton 14/eleven/sixteen four,000 494.seventy five 19,790 four,000
Non-Normal Finance  Charles Gregson 15/eleven/sixteen 9,000 fifty six.88 5,119 256,083
Oakley Capital Investments  Peter Dubens eleven/eleven/sixteen 250,000 one hundred fifty.25 375,625 1,660,000
Ocado Alex Mahon 10/eleven/sixteen 6,256 271.7 sixteen,998 17,355
Octagonal  Martin Davison sixteen/eleven/sixteen 1,500,000 1.eight 27,000 18,265,000
Picton Property ome  Roger Lewis sixteen/eleven/sixteen 70,000 seventy four.208 fifty one,946 600,000
Quantum Pharma*  Chris Rigg (ceo & cfo) eleven/eleven/sixteen 147,059 34 50,000 162,059
Quantum Pharma*  John Brown eleven/eleven/sixteen seventy three,529 34 25,000 seventy three,529
Quantum Pharma*  Ian Johnson (ch) eleven/eleven/sixteen fifty eight,824 34 20,000 fifty eight,824
RELX  Wolfhart Hauser sixteen/eleven/sixteen 7,435 1337.ninety nine ninety nine,480 eleven,542
SIG  Janet Ashdown 14/eleven/sixteen eleven,000 ninety one 10,010 forty four,450
SIG  Mel Ewell 15/eleven/sixteen eleven,000 89.sixty five 9,862 27,450
SSE  Katie Bickerstaffe sixteen/eleven/sixteen 677 1460 9,884 6,433
SSE  Katie Bickerstaffe sixteen/eleven/sixteen 677 1461 9,891 5,756
Science in Sport  Stephen Moon (ceo) 15/eleven/sixteen 10,000 sixty two 6,200 726,313
Science in Sport  Stephen Moon (ceo) sixteen/eleven/sixteen 10,000 sixty three 6,300 736,313
Speedy Rent  David Shearer sixteen/eleven/sixteen one hundred,000 forty two.5 forty two,500 one hundred,000
Commonplace Life Investments Property Revenue Belief  Michael Balfour sixteen/eleven/sixteen 24,000 86.5 20,760 24,000
Inventory Spirits Michael Butterworth 14/eleven/sixteen 18,750 one hundred sixty 30,000 18,750
Vodafone Valerie Gooding  15/eleven/sixteen sixteen,970 206.24 34,999 28,970
SELL
Clinigen John Bacon eleven/eleven/sixteen 200,000 717 1,434,000 730,767
* putting/tender/open supply ♥ partner/related celebration; Supply: Morningstar/Buyers Chronicle


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