Shares in Vernalis (VER) have surged since the Aim-traded biotech announced on 1 May that the US Food and Drug Administration had approved its slow-release cold and cough product, Tuzistra.
The long-awaited decision was crucial for investor confidence, given that chief executive Ian Garland had warned last summer that the company's financial results would be "lumpy" until Tuzistra was given the go-ahead. Now, he says Tuzistra is set to launch ahead of the 2015-16 US cough and cold season. He added that the green-light from the FDA marked a "very significant moment in the evolution of Vernalis to a commercial stage speciality pharmaceutical company".
Perhaps it's no surprise, then, that non-executive director Nigel Sheail topped up his holding in Vernalis by 40 per cent on 6 May, buying 84,000 shares for £50,316. He clearly believes the company is on the right path.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
AstraZeneca | Ann Cairns | 30 Apr 15 | 1,100 | 4,455 | 49,005 | 2,325 | <0.001 |
Balfour Beatty | PS Aiken (ch) | 06 May 15 | 5,000 | 238.6 | 11,930 | 5,000 | 0.001 |
BATM Advanced Communications Ltd | Dr Zvi Marom (ce) | 30 Apr 15 | 2,000,000 | 12.63 | 252,500 | 96,394,500 | 23.910 |
British American Tobacco | Dimitri Panayotopoulos | 30 Apr 15 | 550 | 3,604.50 | 19,825 | 550 | <0.001 |
Candover Investments | Malcolm Fallen (ce) | 01 May 15 | 1,658 | 330 | 5,471 | 23,961 | 0.110 |
Capital & Regional ♥ | Louis Norval | 06 May 15 | 3,500,000 | 56.5 | 1,977,500 | 201,048,099 | 28.690 |
Capital & Regional ♥ | Louis Norval | 05 May 15 | 500,000 | 56 | 280,000 | 197,548,099 | 28.191 |
Close Brothers Ω | Elizabeth Lee | 05 May 15 | 113 | 1,582 | 1,788 | 54,917 | 0.037 |
Frontier IP Ω | Jim Fish (fd) | 30 Apr 15 | 60,000 | 21.05 | 12,630 | 160,000 | 0.601 |
Frontier IP Ω | Andrew Richmond (ch) | 30 Apr 15 | 250,000 | 21.5 | 53,750 | 1,250,000 | 4.699 |
Goodwin ♥ | SC Birks | 06 May 15 | 200 | 2,480.11 | 4,960 | 200 | 0.003 |
Griffin Mining ♥ | Adam Usdan | 01 May 15 | 1,000,000 | 40 | 400,000 | 30,574,556 | 18.271 |
hVIVO | Jim Winschel Jr | 06 May 15 | 8,000 | 321.6 | 25,728 | 23,702 | 0.035 |
Imperial Innovations | Dr Linda Poil Wilding | 30 Apr 15 | 15,000 | 465 | 69,750 | 15,000 | 0.011 |
Jubilee Platinum | Colin Bird (ch) | 06 May 15 | 600,000 | 1.65 | 9,900 | 9,116,512 | 1.280 |
Judges Scientific Ω | David Barnbrook | 05 May 15 | 122 | 1,465 | 1,787 | 21,913 | 0.364 |
Judges Scientific Ω | Ralph Cohen | 05 May 15 | 123 | 1,465 | 1,802 | 58,201 | 0.967 |
Jupiter Fund Management Ω | Philip Johnson (cfo) | 05 May 15 | 836 | 429.9 | 3,594 | 1,335,295 | 0.292 |
Kalimantan Gold Corp ♥ | Raynard von Hahn | 05 May 15 | 123,000 | 1.53 | 1,885 | 160,994 | 0.041 |
KBC Advanced Technologies ♥ | Oliver Scott | 30 Apr 15 | 120,000 | 95.417 | 114,500 | 10,767,550 | 13.125 |
Keywords Studios | David Reeves | 30 Apr 15 | 6,250 | 158.5 | 9,906 | 22,510 | 0.048 |
Kirkland Lake Gold Inc | Dawn Whittaker | 06 May 15 | 600 | 357.35 | 2,144 | 5,620 | 0.007 |
Lancashire Holdings Ltd | Simon Fraser | 05 May 15 | 1,000 | 624.64 | 6,246 | 1,000 | 0.001 |
Marechale Capital Ω | Patrick Booth-Clibborn (ce) | 05 May 15 | 1,487,461 | 1 | 14,875 | 7,846,930 | 13.604 |
Matomy Media Ltd | Ilan Shiloah (ch) | 30 Apr 15 | 5,544 | 140 | 7,762 | 13,868,395 | 15.002 |
Nektan * | David Sparks (cfo) | 01 May 15 | 14,925 | 167.5 | 24,999 | 25,519 | 0.113 |
Nektan * | David Gosen (ce) | 01 May 15 | 14,925 | 167.5 | 24,999 | 14,925 | 0.066 |
Next Fifteen Communications | Richard Eyre (ch) | 30 Apr 15 | 11,186 | 177 | 19,799 | 167,517 | 0.256 |
Norsk Hydro ASA | Billy Fredagsvik | 01 May 15 | 536 | 2,335 | 12,516 | 3,698 | <0.001 |
Norsk Hydro ASA | Ove Ellefsen | 01 May 15 | 536 | 2,335 | 12,516 | 8,083 | <0.001 |
Norsk Hydro ASA | Sten Roar Martinsen | 01 May 15 | 536 | 2,335 | 12,516 | 4,754 | <0.001 |
Real Good Food | Peter Salter | 30 Apr 15 | 50,000 | 42.25 | 21,125 | 181,000 | 0.260 |
Real Good Food ♥ | Christopher Thomas | 01 May 15 | 50,000 | 42 | 21,000 | 290,363 | 0.417 |
Shanta Gold Ltd | Robin Fryer | 30 Apr 15 | 120,000 | 7.8 | 9,360 | 480,000 | 0.103 |
Smiths | William Seeger Jr | 05 May 15 | 2,500 | 1,163.71 | 29,093 | 5,000 | 0.001 |
Sopheon | Barry Mence (ch) | 06 May 15 | 106,775 | 68.42 | 73,052 | 1,272,881 | 17.487 |
Sopheon | Stuart Silcock | 06 May 15 | 33,367 | 68.42 | 22,828 | 223,963 | 3.077 |
Sopheon | Dr. Bernard Al | 06 May 15 | 10,011 | 68.42 | 6,849 | 83,989 | 1.154 |
Sphere Medical Holding * | Meinhard Schmidt | 01 May 15 | 187,500 | 16 | 30,000 | 187,500 | 0.132 |
Sphere Medical Holding * | Dr Wolfgang Rencken (ce) | 01 May 15 | 218,750 | 16 | 35,000 | 449,470 | 0.388 |
Sphere Medical Holding * | Dr. Anthony Martin (ch) | 01 May 15 | 187,500 | 16 | 30,000 | 417,554 | 0.295 |
Sphere Medical Holding * | Dr. David Martyr | 01 May 15 | 125,000 | 16 | 20,000 | 125,000 | 0.088 |
Sphere Medical Holding * | John Gregory | 01 May 15 | 46,875 | 16 | 7,500 | 90,745 | 0.064 |
Sphere Medical Holding * | Stephen Mahle | 01 May 15 | 93,750 | 16 | 15,000 | 152,888 | 0.108 |
Summit Germany Ltd | Harry Hyman (ch) | 30 Apr 15 | 25,000 | 90.6 | 22,650 | 125,000 | 0.027 |
Vernalis | Nigel Sheail | 05 May 15 | 84,000 | 59.9 | 50,316 | 294,000 | 0.066 |
Xaar | Dr Doug Edwards (ce) | 01 May 15 | 9,292 | 439 | 40,792 | 9,292 | 0.012 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Close Brothers | Preben Prebensen (ce) | 06 May 15 | 44,039 | 1,524 | 671,154 | 700,009 | 0.468 |
M P Evans | JD Shaw | 01 May 15 | 10,000 | 412 | 41,200 | 384,065 | 0.694 |
Mwana Africa | Ning Yat Hoi | 30 Apr 15 | 106,254,717 | 1.8 | 1,912,585 | 454,545 | 0.033 |
Royal Dutch Shell | Simon Henry (cfo) | 05 May 15 | 20,000 | 2,117 | 423,400 | 273,465 | 0.011 |
Whitbread | Andy Harrison (ce) | 06 May 15 | 132,000 | 5,227.76 | 6,900,642 | 122,187 | 0.067 |
*Placing/tender/open offer ♥Spouse/connected party ΩIsa/Sipp/trust |