eServGlobal (ESG) was forced to issue a market update to counter a dip in its share price sparked by chief financial officer Stephen Blundell, who offloaded his entire stake. The Aim-listed company, which provides a range of financial services via mobile telephones, sought to reassure shareholders after Mr Blundell sold a total of 618,055 shares for around £188,000 in aggregate.
The move was hardly likely to inspire confidence, but the reaction was extreme: at one stage the share price had fallen by as much as a fifth. Despite confirmation that eServGlobal "continues to trade in line with the board's expectations," the shares have yet to recover the lost ground. At least investors can take some encouragement from a deal signed in the third quarter between the MasterCard-controlled HomeSend joint venture, in which eServGlobal retains a 35 per cent interest, and Indosat. The agreement will allow HomeSend to provide its remittance services to Indosat's 60m subscribers in Indonesia.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Advanced Oncotherapy | Dr Enrico Vanni | 30 Sep 14 | 450,000 | 4.60 | 20,700 | 10,450,000 | 1.024 |
Audioboom * | Rodger Sargent | 01 Oct 14 | 160,000 | 12.50 | 20,000 | 11,593,334 | 2.485 |
Audioboom * | Roger Maddock | 01 Oct 14 | 240,000 | 12.50 | 30,000 | 5,513,556 | 1.182 |
Augean | Dr Stewart Davies (ce) | 30 Sep 14 | 95,000 | 48.50 | 46,075 | 95,000 | 0.095 |
Aureus Mining Inc | Luis da Silva | 30 Sep 14 | 142,857 | 21 | 30,000 | 505,183 | 0.163 |
Beazley ♥ | Angela Crawford-Ingle | 30 Sep 14 | 7,350 | 273.09 | 20,072 | 20,850 | 0.004 |
Beowulf Mining * | Clive Sinclair-Poulton (ch) | 26 Sep 14 | 666,667 | 3 | 20,000 | 1,999,167 | 0.579 |
Berkeley Group Holdings (The) | GJ Fry | 01 Oct 14 | 2,200 | 2,263 | 49,786 | 1,162,946 | 0.859 |
Brewin Dolphin Holdings | David Nicol (ce) | 26 Sep 14 | 15,000 | 271 | 40,650 | 73,000 | 0.027 |
Cambridge Cognition Holdings | Nick Walters (cfo) | 26 Sep 14 | 45,000 | 65.50 | 29,475 | 92,000 | 0.543 |
Cambridge Cognition Holdings | D Nick Kerton (ce) | 26 Sep 14 | 55,000 | 65.50 | 36,025 | 127,285 | 0.752 |
Character Group (The) | Michael Hyde | 26 Sep 14 | 9,681 | 215 | 20,814 | 209,681 | 0.976 |
Character Group (The) | Michael Hyde | 25 Sep 14 | 28,000 | 213 | 59,640 | 200,000 | 0.940 |
CLS Holdings | Sten Mortstedt (ch) | 26 Sep 14 | 1,781 | 1,368.10 | 24,366 | 22,144,752 | 51.591 |
CLS Holdings | Sten Mortstedt (ch) | 29 Sep 14 | 15,954 | 1,384.98 | 220,960 | 22,160,706 | 51.628 |
Dods | Cheryl Jones (ch) | 30 Sep 14 | 500,000 | 6.50 | 32,500 | 2,600,000 | 0.765 |
EKF Diagnostics Holdings | David Evans (ch) | 01 Oct 14 | 100,000 | 23 | 23,000 | 1,805,753 | 0.428 |
EnQuest | Dr Jim Buckee (ch) | 01 Oct 14 | 49,775 | 109.40 | 54,454 | 1,980,542 | 0.247 |
Globo | Costis Papadimitrakopoulos (ce) | 29 Sep 14 | 50,000 | 45.70 | 22,850 | 69,784,197 | 18.674 |
Grainger | Simon Davies | 30 Sep 14 | 90,000 | 186 | 167,400 | 100,000 | 0.024 |
Great Eastern Energy Corp † | YK Modi (ch & ce) | 01 Oct 14 | 90,000 | 125 | 112,500 | 35,564,417 | 59.710 |
Great Eastern Energy Corp † | YK Modi (ch & ce) | 30 Sep 14 | 100,000 | 125 | 125,000 | 35,474,417 | 59.559 |
Hammerson | J Espinasse | 25 Sep 14 | 5,000 | 565 | 28,250 | 17,235 | 0.002 |
Hammerson * | NT Drakesmith (cfo) | 25 Sep 14 | 11,000 | 560 | 61,600 | 219,108 | 0.028 |
Hammerson * | J Mouton | 25 Sep 14 | 11,894 | 560 | 66,606 | 249,767 | 0.032 |
Hammerson * | PWB Cole | 25 Sep 14 | 12,948 | 560 | 72,509 | 271,907 | 0.035 |
Hammerson * | DJ Atkins (ce) | 25 Sep 14 | 17,500 | 560 | 98,000 | 363,818 | 0.046 |
iEnergizer ♥ | Anil Aggarwal (ce) | 01 Oct 14 | 21,000,000 | 68.50 | 14,385,000 | 120,076,144 | 78.476 |
ITE | Marco Sodi (ch) | 01 Oct 14 | 25,000 | 174.80 | 43,700 | 125,000 | 0.050 |
KBC Advanced Technologies ♥ | Oliver Scott | 26 Sep 14 | 25,000 | 104 | 26,000 | 9,235,928 | 11.293 |
KBC Advanced Technologies ♥ | Oliver Scott | 25 Sep 14 | 50,000 | 103.60 | 51,800 | 9,210,928 | 11.263 |
KBC Advanced Technologies ♥ | Oliver Scott | 29 Sep 14 | 50,000 | 106 | 53,000 | 9,285,928 | 11.354 |
Mothercare | Mark Newton-Jones (ce) | 26 Sep 14 | 110,200 | 248.61 | 273,967 | 110,200 | 0.124 |
Old Mutual | Michael Arnold | 25 Sep 14 | 26,475 | 186.60 | 49,402 | 26,475 | 0.001 |
ServicePower Technologies | Hugh Fitzwilliam-Lay (ch) | 26 Sep 14 | 1,150,000 | 7.00 | 80,500 | 7,449,504 | 3.729 |
Tate & Lyle | Nick Hampton (cfo) | 26 Sep 14 | 10,000 | 593.55 | 59,355 | 10,000 | 0.002 |
Tate & Lyle | Sir Peter Gershon (ch) | 25 Sep 14 | 10,000 | 602.50 | 60,250 | 104,599 | 0.022 |
Tate & Lyle | Liz Airey | 25 Sep 14 | 10,000 | 603.01 | 60,301 | 26,000 | 0.006 |
Tate & Lyle ♥ | Javed Ahmed (ce) | 25 Sep 14 | 20,000 | 600 | 120,000 | 1,274,720 | 0.273 |
Tate & Lyle † | Dr Ajai Puri | 29 Sep 14 | 4,000 | 602.91 | 24,116 | 6,018 | 0.001 |
TSB Banking | William Samuel (ch) | 29 Sep 14 | 42,470 | 280.10 | 118,958 | 42,470 | 0.008 |
TT electronics | Richard Tyson (ce) | 30 Sep 14 | 14,880 | 168 | 24,998 | 14,880 | 0.009 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Al Noor Hospitals | Dr Kassem Alom | 29 Sep 14 | 5,000,000 | 1,000 | 50,000,000 | 7,055,946 | 6.038 |
Carpetright | Lord Harris (ch) | 26 Sep 14 | 462,000 | 380 | 1,755,600 | 6,700,837 | 9.882 |
Central Asia Metals | Robert Cathery | 30 Sep 14 | 834,000 | 168.75 | 1,407,375 | 2,802,699 | 2.517 |
Central Asia Metals ♥ | Robert Cathery | 30 Sep 14 | 17,445 | 168.75 | 29,438 | 2,785,254 | 2.502 |
Chaarat Gold Holdings ♥ | Dekel Golan (ce) | 01 Oct 14 | 545,064 | 16 | 87,210 | 14,075,691 | 5.620 |
eServGlobal | Stephen Blundell (fd) | 25 Sep 14 | 38,555 | 32.03 | 12,349 | 575,000 | 0.226 |
eServGlobal | Stephen Blundell (fd) | 26 Sep 14 | 50,000 | 30.73 | 15,367 | 490,000 | 0.192 |
eServGlobal | Stephen Blundell (fd) | 26 Sep 14 | 35,000 | 30.46 | 10,663 | 540,000 | 0.212 |
eServGlobal | Stephen Blundell (fd) | 29 Sep 14 | 20,000 | 30.40 | 6,080 | 0 | 0.000 |
eServGlobal | Stephen Blundell (fd) | 29 Sep 14 | 470,000 | 30.13 | 141,620 | 20,000 | 0.008 |
Jardine Lloyd Thompson ♥ | Dominic Burke (ce) | 25 Sep 14 | 50,000 | 1,008.00 | 504,000 | 255,331 | 0.117 |
Kalimantan Gold Corp | Stephen Hughes | 29 Sep 14 | 190,000 | 5.21 | 9,899 | 0 | 0.000 |
* placing/tender/open offer ♥ spouse/connected party † Depositary receipts |