Leonard Sim, an executive director at Lo-Q, has offloaded 750,000 shares, netting himself £1.89m. Don't worry, though – he is still in possession of 2,493,575 shares in the company – and don't be quick to follow his transaction.
Lo-Q is a provider of virtual queueing systems for theme parks, water parks and major attractions and allows users to queue without waiting in line. Users reserve their place in a queue electronically and are notified when their turn is due, resulting in less queueing time. Zoombezi Bay, which is owned and operated by Columbus Zoo and Aquarium in the US, is Lo-Q's latest customer. It has signed a five-year agreement for the company's Q-band product, a waterproof and lightweight radio-frequency identification wristband rented out to guests.
Lo-Q's share price has rocketed from 3p in June 2005 to its current price of 257.5p – an increase of more than 8,000 per cent. Mr Sim is only selling his shares to satisfy institutional demand.
Robert Ansted
Director buys
| Company | Director | Date | No. of shares | Price (p) | Value (£) |
|---|---|---|---|---|---|
| 1pm | Ron Russell | 23 Feb 12 | 5,000,000 | 0.1 | 5,000 |
| Absolute Return Trust | Graham harrison | 29 Feb 12 | 10,000 | 109 | 10,900 |
| AEA Technology | Timothy Robinson | 29 Feb 12 | 346,357 | 0.3 | 1,039 |
| African Barrick Gold | Derek Pannell | 22 Feb 12 | 5,000 | 451.62 | 22,581 |
| African Barrick Gold | David Hodgson | 24 Feb 12 | 13,000 | 472.98 | 61,487 |
| Assura | Simon Laffin (ch) | 24 Feb 12 | 618,793 | 32 | 198,014 |
| Begbies Traynor | John May | 01 Mar 12 | 140,000 | 35 | 49,000 |
| Craneware | Keith Neilson (ceo) | 28 Feb 12 | 2,525 | 393 | 9,923 |
| Environmental Recycling Technologies | Ken Brooks (ch) | 28 Feb 12 | 10,065,000 | 2.02 | 203,313 |
| Expansys | Chris Ogle (cfo) | 28 Feb 12 | 550,000 | 1.92 | 10,560 |
| Future | Peter Allen | 23 Feb 12 | 600,000 | 12.63 | 75,780 |
| Grainger | Mark Greenwood | 28 Feb 12 | 34,104 | 110.42 | 37,658 |
| Henderson Opportunity Trust | PA Jones | 01 Mar 12 | 2,500 | 458.06 | 11,452 |
| IPPlus | William Catchpole | 23 Feb 12 | 71,334 | 8 | 5,707 |
| IPPlus | Geoffrey Forsyth | 23 Feb 12 | 71,333 | 8 | 5,707 |
| IPPlus | Stuart Gordon | 23 Feb 12 | 71,333 | 8 | 5,707 |
| Kofax | Wade Loo | 29 Feb 12 | 5,000 | 309 | 15,450 |
| MDY Healthcare | Grahame Cook (ch) | 28 Feb 12 | 2,000 | 60.00 | 1,200 |
| Pressure Technologies | Philip Cammerman | 29 Feb 12 | 2,000 | 165 | 3,300 |
| Pursuit Dynamics | J Pelczer | 29 Feb 12 | 15,000 | 84.50 | 12,675 |
| Richoux | Salvatore Diliberto (ceo) | 23 Feb 12 | 2,156,681 | 8 | 172,534 |
| Richoux | Robert Rayne | 23 Feb 12 | 2,156,680 | 8 | 172,534 |
| Savile | David Harrel (ch) | 24 Feb 12 | 205,000 | 15.85 | 32,493 |
| Snacktime | Blair Jenkins | 29 Feb 12 | 50,000 | 43.00 | 21,500 |
| Snacktime | Ian Forde | 29 Feb 12 | 50,000 | 43.00 | 21,500 |
| Snacktime | Michael Jackson | 29 Feb 12 | 125,000 | 40 | 50,000 |
| Snacktime | Tim James | 29 Feb 12 | 20,000 | 44 | 8,800 |
| Sound Oil | Tony Heath | 24 Feb 12 | 1,300,000 | 1.4 | 18,200 |
| Stewart & Wight | R Foux | 23 Feb 12 | 1,000 | 600 | 6,000 |
| Surface Transforms | Richard Gledhill | 27 Feb 12 | 100,000 | 11 | 11,000 |
| Sutton Harbour | Jason Schofield | 27 Feb 12 | 8,834 | 26.65 | 2,354 |
| Talisman First VCT | William Nixon | 24 Feb 12 | 17,500 | 23 | 4,025 |
| Talisman First VCT | William Nixon | 27 Feb 12 | 25,000 | 23.25 | 5,813 |
| Telecom Plus | Julian Schild | 29 Feb 12 | 10,000 | 610.5 | 61,050 |
| Telecom Plus | Julian Schild | 29 Feb 12 | 5,000 | 612 | 30,600 |
| UniVision | Stephen Koo (ch) | 27 Feb 12 | 500,000 | 0.6 | 3,000 |
| Ventus 2 VCT | Charles Conner | 27 Feb 12 | 10,000 | 43.50 | 4,350 |
| Ventus VCT | Charles Conner | 27 Feb 12 | 10,000 | 79.75 | 7,975 |
| Westhouse | Garth Milne | 29 Feb 12 | 115,002 | 45 | 51,751 |
| Westhouse | Bill Staple | 29 Feb 12 | 40,000 | 45 | 18,000 |
| Westhouse | Andrew Beeson | 29 Feb 12 | 40,000 | 45 | 18,000 |
| Westhouse | Christopher Getley | 29 Feb 12 | 40,000 | 45 | 18,000 |
Director sells
| Company | Director | Date | No. of shares | Price (p) | Value (£) |
|---|---|---|---|---|---|
| ARM | Tom Lantzsch | 20 Feb 12 | 87,242 | 590 | 514,728 |
| ARM | Mike Inglis | 27 Feb 12 | 291,651 | 562.25 | 1,639,808 |
| ARM | Warren East (ceo) | 29 Feb 12 | 350,000 | 574.55 | 2,010,908 |
| Avon Rubber | Paul McDonald | 01 Mar 12 | 5,000 | 314 | 15,700 |
| Berkeley | AW Pidgley | 28 Feb 12 | 150,000 | 1,360 | 2,040,000 |
| Berkeley | RC Perrins | 28 Feb 12 | 100,000 | 1,360 | 1,360,000 |
| City of London Inv | Tom Griffiths | 23 Feb 12 | 6,800 | 359 | 24,385 |
| City of London Inv | Tom Griffiths | 24 Feb 12 | 1,000 | 358.60 | 3,586 |
| City of London Inv | Tom Griffiths | 27 Feb 12 | 42,200 | 350 | 147,700 |
| Coms | Justin Drummond | 27 Feb 12 | 6,342,230 | 1.25 | 79,278 |
| Creat Resources | Stephen Powell | 07 Feb 12 | 200,000 | 3 | 6,000 |
| Experian | Sir John Peace (ch) | 24 Feb 12 | 80,000 | 955 | 764,000 |
| Fenner | Richard Morello | 24 Feb 12 | 6,858 | 483.93 | 33,188 |
| Fidessa | Stephen Barrow | 23 Feb 12 | 10,000 | 1,691.50 | 169,150 |
| GCP Infrastructure | Nick Parker | 24 Feb 12 | 160,000 | 105.75 | 169,200 |
| Hargreaves Lansdown | Nick Marson | 01 Mar 12 | 12,650 | 444.70 | 56,255 |
| InfraStrata | Dr Andrew Hindle | 29 Feb 12 | 100,000 | 11 | 11,000 |
| International Power | Mark Williamson | 28 Feb 12 | 72,404 | 344.50 | 249,432 |
| Jardine Lloyd Thompson | Edward Lloyd | 01 Mar 12 | 6,966 | 693.88 | 48,335 |
| Lo-Q | Leonard Sim | 28 Feb 12 | 750,000 | 252 | 1,890,000 |
| Mechan Controls | Wilf Boardman | 28 Feb 12 | 2,500 | 212 | 5,300 |
| Rathbone Brothers | Richard Smeeton | 27 Feb 12 | 6,500 | 1,260 | 81,900 |
| Rolls-Royce | Miles Cowdry | 28 Feb 12 | 5,950 | 809 | 48,136 |
| Travis Perkins | P Hampden Smith | 29 Feb 12 | 21,803 | 1,085 | 236,563 |
Table compiled by Robert Ansted.
Key to abbreviations: ch = chairman; ce = chief executive; cfo = chief financial officer; fd = finance director; coo = chief operating officer; cs =company secretary; md = managing director
