Photo-Me International (PHTM) chief executive Serge Crasnianski has built his position in the photo booth group after Tibergest PTE, an entity that is owned by the chief executive, acquired £231,629 in shares across two transactions. Following the second purchase, Mr Crasnianski and Tibergest had a 23.33 per cent stake in the business.
Photo-Me shares are more than half below their value at the start of 2020, having ebbed down by nearly a fifth before the March market rout that saw the shares plunge to current lows. The group, which has a varied portfolio comprising photo booths, laundry and juice machines, warned in March that restrictions on the movement of people forced by coronavirus had dealt a significant hit to its operations. Customers have been unable to make use of Photo-Me’s machines, while field engineers have not been able to carry out maintenance work. In March, Photo-Me scrapped its interim dividend of 3.71p, which had been due for payment this month.
Mr Crasnianski wasn’t alone in buying Photo-Me shares this month. On 15 May, chief financial officer Stéphane Gibon also took the opportunity to buy into the group’s current share price weakness, acquiring 50,000 shares at an aggregate value of £20,000. Director Jean-Marc Janailhac, meanwhile, bought 27,000 shares at a total value of £11,340. Photo-Me did not respond to requests for comment.
| Buys | ||||||
| Company | Director/PDMR | Date | No. of shares | Price (p) | Aggregate value (£) | Comments |
| Connect Group | Anthony Grace (cfo) | 13 May 20 | 100,949 | 19.7 | 19,887 | |
| BT | Jan Du Plessis (ch) | 13 May 20 | 500,000 | 105.7 | 528,500 | Purchased by PCA Magdalena Du Plessis |
| BT | Philip Jansen (ceo) | 13 May 20 | 1,834,000 | 109.6 | 2,010,064 | |
| Photo-Me International | Serge Crasnianski (ceo) | 13 May 20 | 210,000 | 40.99 | 86,079 | Purchased by PCA Tibergest PTE |
| Photo-Me International | Serge Crasnianski (ceo) | 14 May 20 | 355,000 | 41 | 145,550 | Purchased by PCA Tibergest PTE |
| Standard Chartered | Byron Grote | 14 May 20 | 15,000 | 3,937 | 59,053 | Converted from $ |
| Standard Chartered | Byron Grote | 14 May 20 | 2,553 | 3,896 | 9,945 | Converted from $ |
| Dalata Hotel Group | John Hennessy (ch) | 14 May 20 | 30,000 | 222.79 | 68,155 | Converted from € |
| Smith & Nephew | Roland Diggelmann (ceo) | 14 May 20 | 5,500 | 1,510 | 83,074 | |
| Land Securities Group | Mark Allen | 14 May 20 | 29,686 | 502.77 | 149,252 | |
| PureTech Health | Bharatt Chowrira | 14 May 20 | 10,000 | 221 | 22,100 | |
| Photo-Me International | Stéphane Gibon (cfo) | 15 May 20 | 50,000 | 40 | 20,000 | |
| Standard Chartered | Byron Grote | 15 May 20 | 2,447 | 3,855 | 9,432 | Converted from $ |
| Watchstone Group | Stefan Borson (ceo) | 15 May 20 | 30,000 | 159 | 47,700 | |
| Novacyt | Graham Mullis (ceo) | 15 May 20 | 9,493 | 310 | 29,428 | |
| Novacyt | James Wakefield (ch) | 15 May 20 | 20,000 | 304.9 | 60,980 | |
| Serica Energy | Malcolm Webb | 18 May 20 | 18,290 | 108.8 | 19,900 | |
| Countryside Properties | Michael Scott (cfo) | 18 May 20 | 5,000 | 301.7 | 15,085 | |
| R.E.A. Holdings | Michael St Clair-George | 18 May 20 | 50,000 | 51.4 | 25,700 | |
| Sells | ||||||
| Company | Director/PDMR | Date | No. of shares | Price (p) | Aggregate value (£) | Comments |
| Treatt | Richard Illek | 15 May 20 | 32,000 | 504 | 161,280 | |
| Croda International | Maarten Willem Heijbroek | 19 May 20 | 1,100 | 5,072 | 55,792 | |
| Croda International | Maarten Willem Heijbroek | 19 May 20 | 1,100 | 5,060 | 55,660 | Sold by PCA Manon J J Heijbroek-God |
