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Director dealings: Oxford Biodynamics director lowers stake

(Sharecast News) - Oxford Biodynamics revealed on Friday that Vulpes Testudo Fund had offloaded 777,000 ordinary shares in the AIM-listed biotechnology company. Vulpes Testudo, which is controlled by non-executive director Stephen Diggle, sold the shares on Wednesday at an average price of 38.30p each, for a total value of £297,590.99.

Following the transaction, Diggle holds an interest in a total of 27.55m OBD shares, representing approximately 13.62% of the company's current issued share capital.

Earlier in October, Oxford BioDynamics successfully secured a proprietary laboratory analysis (PLA) code from the American Medical Association's Current Procedural Terminology Editorial Board. OBD said the unique code pertained to its EpiSwitch prostate screening test, which boasts a 94% accuracy.

As of 1530 BST, Oxford Biodynamics shares were up 2.25% at 34.80p.

Reporting by Iain Gilbert at Sharecast.com

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Everyman Media Group (EMAN) Director name: Rosehill,Michael Amount purchased: 2,500,000 @ 55.00p Value: �1,375,000.03

Oxford Cannabinoid Technologies Holdings (OCTP) Director name: Mahapatra,Indraneil (Neil) Amount purchased: 20,457,484 @ 0.81p Value: �165,705.62

888 Holdings (di) (888) Director name: Mendelsohn,Jonathan (Jon) Amount purchased: 50,000 @ 79.50p Value: �39,750.00

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Oxford Cannabinoid Technologies Holdings (OCTP) Director name: Mahapatra,Indraneil (Neil) Amount sold: 54,864,288 @ 0.81p Value: �444,400.74

Oxford Biodynamics (OBD) Director name: Diggle,Stephen Charles Amount sold: 777,000 @ 38.30p Value: �297,590.99

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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