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Director dealings: Tesco board member invests in ADRs, Griffin non-exec makes disposal

(Sharecast News) - Tesco was among those disclosing director dealings on Thursday, after one of its board members purchased a number of its American depositary receipts.

The grocery giant said Byron Grote picked up 3,000 ADRs on 19 July, at a price of $9.89 each.

That valued the transaction at a total of $29,670.

According to Tesco's disclosure, one of its ADRs is equivalent to three of its ordinary shares.

Elsewhere, Griffin Mining reported a disposal of more than 0.4 million shares linked to a non-executive director.

The company said Trellus Partners disposed of 414,470 shares on 19 July, at a price of 86p per share.

That gave the disposal a value of £356,444.

Griffin Mining said its non-executive director Adam Usdan has a controlling interest in Trellus Partners.

Following the disposal, it confirmed that he had a direct and indirect holding in the company of 29,794.878 shares, representing 14.9% of its issued share capital.

At the close on Thursday, Tesco shares were up 1.09% at 259.9p, while those in Griffin Mining were down 1.75% at 78.5p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Surface Transforms (SCE) Director name: Woodhouse,Julia Amount purchased: 310,203 @ 33.32p Value: �103,371.43

Surface Transforms (SCE) Director name: Taylor,Matthew Amount purchased: 310,203 @ 33.32p Value: �103,371.43

Surface Transforms (SCE) Director name: Woodhouse,Julia Amount purchased: 143,750 @ 30.98p Value: �44,531.31

Surface Transforms (SCE) Director name: Taylor,Matthew Amount purchased: 143,750 @ 30.98p Value: �44,531.31

Kazera Global (KZG) Director name: Edmonds,Dennis Amount purchased: 4,996,131 @ 0.80p Value: �39,969.05

Power Metal Resources (POW) Director name: Shaw,Edmund (Ed) Charles Frederick Amount purchased: 5,000,000 @ 0.65p Value: �32,530.00

Surface Transforms (SCE) Director name: Bundred,David Amount purchased: 83,226 @ 33.32p Value: �27,734.07

Surface Transforms (SCE) Director name: Cleminson,Ian Amount purchased: 83,226 @ 33.32p Value: �27,734.07

Tesco (TSCO) Director name: Grote,Byron Elmer Amount purchased: 9,000 @ $3.30 Value: $24,466.07

Surface Transforms (SCE) Director name: Cleminson,Ian Amount purchased: 71,875 @ 30.98p Value: �22,265.65

Surface Transforms (SCE) Director name: Bundred,David Amount purchased: 71,875 @ 30.98p Value: �22,265.65

Alliance Pharma (APH) Director name: Couilliard,Jo Le Amount purchased: 40,957 @ 48.80p Value: �19,987.02

Kelso Group Holdings (KLSO) Director name: Goold,John Amount purchased: 500,000 @ 2.77p Value: �13,850.00

Kelso Group Holdings (KLSO) Director name: Brooke,Jamie Amount purchased: 500,000 @ 2.77p Value: �13,850.00

Power Metal Resources (POW) Director name: Shaw,Edmund (Ed) Charles Frederick Amount purchased: 1,993,901 @ 0.67p Value: �13,389.05

Onthemarket (OTMP) Director name: Sebag-Montefiore,Rupert O Amount purchased: 20,583 @ 53.44p Value: �10,999.55

Onthemarket (OTMP) Director name: Tebb,Jason Amount purchased: 18,180 @ 55.00p Value: �9,999.00

Audioboom Group (BOOM) Director name: Tobin,Michael Amount purchased: 4,761 @ 206.50p Value: �9,831.47

Audioboom Group (BOOM) Director name: Maddock,Roger Amount purchased: 3,058 @ 206.50p Value: �6,314.77

Up Global Sourcing Holdings (UPGS) Director name: Dent,Chris Amount purchased: 3,855 @ 129.70p Value: �4,999.94

Howden Joinery Group (HWDN) Director name: Livingston,Andrew Amount purchased: 22 @ 705.00p Value: �155.10

Top Director Sells

Begbies Traynor Group (BEG) Director name: Fry,Mark Amount sold: 250,000 @ 132.00p Value: �330,000.01

Power Metal Resources (POW) Director name: Shaw,Edmund (Ed) Charles Frederick Amount sold: 5,000,000 @ 0.65p Value: �32,500.00

Power Metal Resources (POW) Director name: Shaw,Edmund (Ed) Charles Frederick Amount sold: 2,000,000 @ 0.67p Value: �13,400.00

Griffin Mining Ltd. (GFM) Director name: Usdan ,Adam Amount sold: 414,470 @ 0.86p Value: �3,564.44

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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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