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Director dealings: TMT board members buy shares at serious discount

(Sharecast News) - Technology-focussed venture capital firm TMT Investments disclosed a number of share purchases made by board members on Friday. The AIM-traded company said executive director Alexander Selegenev, and Macmillan Trading Company - owned by head of strategy German Kaplun, head of investments Artemii Iniutin, and head of business development Alexander Morgulchik - agreed to buy shares outside a trading venue.

It said the shares were being acquired for $3.50 each from Eclectic Capital.

Alexander Selegenev bought 28,572 shares, spending a total of $100,002, while Macmillan purchased 57,143 shares, valuing the transaction at $200,000.50.

Macmillan is 45.05% owned by Morgulchik, with 37.17% held by Kaplun and 17.78% in the hands of Iniutin.

Following the acquisitions, TMT said Artemii Iniutin was interested in a total of 3,694,092 of its shares, representing 11.75% of its issued share capital, while German Kaplun was interested in 7,497,458 shares, or 23.84% of its issued capital.

Alexander Morgulchik, meanwhile, was interested in a total of 3,326,702 shares, or 10.58% of its issued share capital, and Alexander Selegenev was interested in 94,384 shares, or 0.3% of its issued capital.

At 1252 BST, shares in TMT Investments were down 0.99% in London, at $5.00.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Tmt Investments (TMT) Director name: Selegenev,Alexander Amount purchased: 28,572 @ $3.50 Value: $100,002.00

Brickability Group (BRCK) Director name: McErlain,Susan Amount purchased: 24,374 @ 82.00p Value: £19,986.68

Morgan Sindall Group (MGNS) Director name: Quashie,Kathy Amount purchased: 450 @ 1,847.00p Value: £8,311.50

Angling Direct (ANG) Director name: Keen,Chris Amount purchased: 7,775 @ 33.53p Value: £2,606.72

Angling Direct (ANG) Director name: Keen,Chris Amount purchased: 3,700 @ 33.45p Value: £1,237.65

Angling Direct (ANG) Director name: Keen,Chris Amount purchased: 2,900 @ 33.78p Value: £979.59

Pz Cussons (PZC) Director name: Myers,Jonathan Amount purchased: 71 @ 212.00p Value: £150.52

Pz Cussons (PZC) Director name: Pollard,Sarah Amount purchased: 70 @ 212.00p Value: £148.40

Top Director Sells

Industrials Reit Limited (MLI) Director name: Arenson,Paul Amount sold: 3,000,000 @ 175.00p Value: £5,250,000.00

Travis Perkins (TPK) Director name: Roberts,Nick Amount sold: 43,324 @ 915.04p Value: £396,431.94

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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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