Low energy light specialist Nanoco (NANO) has given investors little reason to cheer in the last few years: delays to the commercial launch of its quantum dot products has sent the share price down from highs of 200p in 2013 to 26p at the start of this year.
IC TIP:
Buy
at
44p
More recently, the share price has been reinvigorated by optimism about a steep rise in revenues in the second half of the 2018 financial year. With the shares up 78 per cent since the start of the year, even the group’s chief executive, Michael Edelman, hasn’t been able to resist a little profit-taking.
He isn’t alone: institutional holders Swedbank and Lombard Odier sold 2.3m and 4.5m shares each on 10 May. Mr Edelman sold 1.7m shares at an average of 44.5p between 9 and 14 May, netting himself close to £756,000. He retains a 1 per cent stake in the company.
| Buys | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Anglo Pacific | Robert Stan | 16 May 18 | 6,250 | 156 | 9,750 | 203,015 | 0.112 |
| Arrow Global | Andrew Fisher | 16 May 18 | 10,000 | 294 | 29,400 | 10,000 | 0.006 |
| Arrow Global | Jonathan Bloomer (ch) | 16 May 18 | 10,000 | 290 | 29,000 | 40,896 | 0.023 |
| Arrow Global | Paul Cooper (cfo) | 16 May 18 | 34,800 | 285 | 99,180 | 99,497 | 0.057 |
| Avon Rubber | Nicholas Keveth (fd) | 16 May 18 | 1,433 | 1,419 | 20,334 | 4,743 | 0.015 |
| Barratt Developments | John Allan (ch) | 10 May 18 | 5,000 | 561.52 | 28,076 | 56,705 | 0.006 |
| Biffa ♥ | David Martin | 11 May 18 | 10,000 | 202 | 20,200 | 25,000 | 0.010 |
| Biffa ♥ | David Martin | 11 May 18 | 10,000 | 202 | 20,200 | 35,000 | 0.014 |
| Capita | John Cresswell | 11 May 18 | 3,000 | 123.16 | 3,695 | 6,000 | 0.001 |
| CPP Group | Mark Hamlin | 14 May 18 | 295,626 | 10.45 | 30,893 | 1,036,589 | 0.121 |
| Diploma | John Nicholas (ch) | 15 May 18 | 2,000 | 1,247 | 24,940 | 7,000 | 0.006 |
| Faron Pharmaceuticals | Dr. Jonathan Knowles | 15 May 18 | 7,200 | 118 | 8,496 | 117,912 | 0.380 |
| Faron Pharmaceuticals | Dr. Jonathan Knowles | 15 May 18 | 1,300 | 116.97 | 1,521 | 119,212 | 0.384 |
| Franchise Brands | David Poutney | 14 May 18 | 25,000 | 78 | 19,500 | 3,000,791 | 3.860 |
| Franchise Brands | David Poutney | 10 May 18 | 225,000 | 75.5 | 169,875 | 2,975,791 | 3.828 |
| Georgia Healthcare | Nikoloz Gamkrelidze (ce) | 16 May 18 | 26,944 | 272 | 73,288 | 144,444 | 0.110 |
| Gresham House | Anthony Dalwood (ce) | 15 May 18 | 53,552 | 410.8 | 219,992 | 295,336 | 2.320 |
| Gresham House | Kevin Acton (fd) | 15 May 18 | 4,869 | 410.8 | 20,002 | 18,106 | 0.142 |
| Interserve | Debbie White (ce) | 10 May 18 | 37,100 | 80.43 | 29,840 | 640,030 | 0.427 |
| John Laing ♥ | Olivier Brousse (ce) | 10 May 18 | 6,975 | 285.29 | 19,899 | 225,138 | 0.046 |
| Just Eat ♥ | Peter Plumb (ce) | 11 May 18 | 12,314 | 806.00 | 99,251 | 12,314 | 0.002 |
| Lighthouse † | Ken Paterson | 10 May 18 | 55,000 | 25 | 13,750 | 100,000 | 0.078 |
| Mi-Pay | Michael Dickerson (ch) | 10 May 18 | 122,000 | 10.5 | 12,810 | 2,692,553 | 5.887 |
| Mondi ♥ | Stephen Young | 16 May 18 | 2,026 | 2,072 | 41,979 | 2,026 | <0.001 |
| Personal Assets Trust | Jean Sharp | 10 May 18 | 4 | 39,404 | 1,576 | 1,035 | 0.047 |
| Renew Holdings * | David Forbes (ch) | 10 May 18 | 15,000 | 413 | 61,950 | 35,000 | 0.047 |
| Renew Holdings * | John Bishop | 10 May 18 | 5,634 | 413 | 23,268 | 15,024 | 0.020 |
| Renew Holdings * | Paul Scott (ce) | 10 May 18 | 7,042 | 413 | 29,083 | 29,042 | 0.039 |
| Renew Holdings * | Andries Liebenberg | 10 May 18 | 5,634 | 413 | 23,268 | 17,634 | 0.023 |
| Renew Holdings * | David Brown | 10 May 18 | 7,042 | 413 | 29,083 | 7,042 | 0.009 |
| Renew Holdings * | Sean Wyndham-Quin (fd) | 10 May 18 | 11,268 | 413 | 46,537 | 11,268 | 0.015 |
| Satellite Solutions Worldwide * | Michael Tobin (ch) | 14 May 18 | 100,004 | 8.5 | 8,500 | 1,802,670 | 0.213 |
| Spirax-Sarco Engineering ♥ | Peter France | 16 May 18 | 821 | 6,085 | 49,958 | 821 | 0.001 |
| TP ICap | Michael Heaney | 11 May 18 | 20,000 | 442.91 | 88,581 | 20,000 | 0.004 |
| Treatt | Richard Illek | 10 May 18 | 1,296 | 500 | 6,480 | 64,000 | 0.111 |
| Treatt | Richard Illek | 10 May 18 | 4,195 | 499 | 20,933 | 62,704 | 0.109 |
| Treatt | Richard Illek | 10 May 18 | 3,509 | 494 | 17,334 | 58,509 | 0.102 |
| Vivo Energy * | Chris Rogers | 11 May 18 | 30,303 | 165 | 50,000 | 30,303 | 0.003 |
| Vivo Energy * | Carol Arrowsmith | 11 May 18 | 37,878 | 165 | 62,499 | 37,878 | 0.003 |
| Vivo Energy * | John Daly (ch) | 11 May 18 | 166,666 | 165 | 274,999 | 166,666 | 0.014 |
| Vivo Energy * | Christian Chammas (ce) | 11 May 18 | 894,434 | 165 | 1,475,816 | 6,443,027 | 0.536 |
| Vivo Energy * | Johan Depraetere (cfo) | 11 May 18 | 669,585 | 165 | 1,104,815 | 5,251,757 | 0.437 |
| Vodafone | Michel Demare | 15 May 18 | 50,000 | 199.42 | 99,710 | 50,000 | <0.001 |
| Vodafone | Maria Martinez | 15 May 18 | 5,533 | 199.84 | 11,057 | 25,000 | <0.001 |
| Vodafone | Maria Martinez | 15 May 18 | 19,467 | 199.82 | 38,899 | 19,467 | <0.001 |
| Volta Finance Ltd | Stephen le Page | 10 May 18 | 5,000 | 605 | 30,250 | 25,326 | 0.069 |
| VPC Specialty Lending ♥ | Richard Levy | 10 May 18 | 69,689 | 79 | 55,054 | 2,876,070 | 0.785 |
| Zinc Media | Peter Bertram (ch) | 11 May 18 | 1,127,273 | 0.44 | 4,960 | 9,464,083 | 0.696 |
| Zotefoams * | David Stirling | 15 May 18 | 18,867 | 530 | 99,995 | 417,507 | 0.864 |
| Sells | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Eden Research | Alex Abrey (cfo) | 10 May 18 | 115,000 | 14.05 | 16,158 | 923,160 | 0.446 |
| Nanoco | Dr. Michael Edelman (ce) | 14 May 18 | 1,700,000 | 44.47 | 755,990 | 3,124,350 | 1.093 |
| Old Mutual | Zoe Cruz | 14 May 18 | 34,500 | 255.94 | 88,299 | 0 | 0.000 |
| Taylor Wimpey ♥ | Kevin Beeston (ch) | 16 May 18 | 550,000 | 201.24 | 1,106,827 | 605,562 | 0.018 |
| Tristel | Paul Swinney (ce) | 11 May 18 | 15,000 | 315 | 47,250 | 468,129 | 1.084 |
| Van Elle Holdings | Jon Fenton (ce) | 16 May 18 | 5,614,165 | 85 | 4,772,040 | 0 | 0.000 |
| * placing/tender/open offer ♥ spouse/connected party † SIPP/ISA | |||||||
