LONDON (ShareCast) - Francisco Soler, non-executive chairman of Tristel (LSE: TSTL.L - news) , sold £315,680 worth of shares in
the disinfectant supplier to satisfy institutional demand following the group's oversubscribed placing.
Soler disposed of 769,951 shares in Tristel at 41p each as the group raised £1m to part finance the purchase of a portfolio of infection control products for between £2.15m and £2.4m.
The group placed 2.7m shares at 41p each, which will help buy intellectual property and manufacturing rights from Medichem International. The placing was three times over subscribed.
Top Director Buys
Mwana Africa (LSE: MWA.L - news) (MWA)
Director name: Mr Kalaa Mpinga
Amount purchased: 1,000,000 @ 5.60p
Value: £56,000
Castle Asia (CASA)
Director name: Mr Christopher Russell
Amount purchased: 20,000 @ 92.00p
Value: £18,400
Top Director Sells
Tristel (TSTL)
Director name: Mr Francisco Angel Soler
Amount sold: 366,480 @ 41.00p
Value: £150,257
Robert Wiseman (RWD)
Director name: Mr Martyn Mulcahy
Amount sold: 33,802 @ 384.10p
Value: £129,833
Tristel (TSTL)
Director name: Mr Francisco Angel Soler
Amount sold: 268,980 @ 41.00p
Value: £110,282
Tristel (TSTL)
Director name: Mr Francisco Angel Soler
Amount sold: 134,490 @ 41.00p
Value: £55,141
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