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30 May 2023 | 15:13

Director dealings: Aston Martin directors linked to big sales, CLS non-exec's firm invests

(Sharecast News) - Luxury car maker Aston Martin Lagonda found itself with the top two entries on the list of director sells on Tuesday, after two multi-million pound transactions were linked to two of its directors. The company said the British Virgin Islands-domiciled Yew Tree Overseas offloaded 34,930,307 shares in a single transaction on the London Stock Exchange on 25 May.

It sold the shares for 335p each, valuing the transaction at £117,016,528.45.

Aston Martin said Yew Tree Overseas is "closely associated" with its executive chairman Lawrence Stroll.

The company also disclosed that the Swiss-incorporated Saint James Invest SA sold 2,333,127 shares on 25 May as well, also in a single transaction on the London Stock Exchange.

It received 335p for each share too, giving that sale a total value of £7,815,975.45.

Aston Martin said in its filing that Saint James Invest SA is linked to its non-executive director Michael de Picciotto.

On the buying side of things, CLS Holdings announced a purchase worth over £2m linked to a non-executive director.

It said Creative Value Investment VII picked up 1.5 million shares in a single transaction in London on 26 May.

The buyer paid 138p for each share it bought, spending a total of £2,070,000.00.

CLS said Creative Value Investment VII is an entity "closely associated" with its non-executive director and deputy chairman Anna Seeley.

At the close on Tuesday, shares in Aston Martin Lagonda Global Holdings were down 2.29% at 259.2p, while those in CLS Holdings were 1.15% weaker at 137.4p.

Reporting by Josh White for Sharecast.com.

DIRECTOR SELLS

Company: Aston Martin Lagonda Global Holdings Name: Yew Tree Overseas Volume: 34,930,307 Price: 335p Value: £117,016,528.45

Company: Aston Martin Lagonda Global Holdings Name: Saint James Invest SA Volume: 2,333,127 Price: 335p Value: £7,815,975.45

Company: Barclays Name: Matt Hammerstein Volume: 553,578 Price: 155.81p Value: £862,529.88

Company: London Stock Exchange Group Name: York Holdings II Volume: 8,677 Price: 8,415.23p Value: £730,189.51

Company: Admiral Group Name: Cristina Nestares Volume: 30,914 Price: 2,311p Value: £714,422.54

Company: Sage Group Name: Vicki Bradin Volume: 48,351 Price: 848.8p Value: £410,403.29

Company: Bank of Georgia Group Name: Nutsa Gogilashvili Volume: 2,500 Price: 3,215p Value: £80,375.00

DIRECTOR BUYS

Company: CLS Holdings Name: Creative Value Investment VII Volume: 1,500,000 Price: 138p Value: £2,070,000.00

Company: Hill & Smith Name: Alan Giddins Volume: 24,000 Price: 1,449.25p Value: £347,820.27

Company: Sage Group Name: Vicki Bradin Volume: 58,031 Price: 579p Value: £335,999.49

Company: Ninety One Name: Forty Two Point Two Volume: 200,412 Price: 159.96p Value: £320,573.62

Company: Hill & Smith Name: Alan Giddins Volume: 20,000 Price: 1,424.57p Value: £284,913.75

Company: Ninety One Name: Forty Two Point Two Volume: 108,048 Price: 161.54p Value: £174,537.17

Company: British Land Company Name: Andrea Carter Volume: 28,302 Price: 353.32p Value: £99,996.63

Company: VinaCapital Vietnam Opportunity Fund Name: Asia Investment and Finance Volume: 20,000 Price: 433.5p Value: £86,700.00

Company: Asos Name: Jorgen Lindemann Volume: 20,000 Price: 418.1p Value: £83,620.00

Company: Supermarket Income REIT Name: Tilford Holdings Volume: 87,213 Price: 77.97p Value: £67,999.98

Company: Asos Name: Jose Antonio Ramos Calamonte Volume: 10,000 Price: 418.1p Value: £41,810.00

Company: Rolls-Royce Holdings Name: Rufan Erginbilgic Volume: 21,001 Price: 148.8p Value: £31,249.49

Company: Rolls-Royce Holdings Name: Panos Kakoullis Volume: 8,119 Price: 148.8p Value: £12,081.07

Company: RS Group Name: Harry Pryce Volume: 339 Price: 799.85p Value: £2,711.48

Company: RS Group Name: Archie Pryce Volume: 338 Price: 798.25p Value: £2,698.08

Company: BT Group Name: Marc Allera Volume: 1,183 Price: 152p Value: £1,798.16

Company: BT Group Name: Sabine Chalmers Volume: 1,183 Price: 152p Value: £1,798.16

Company: BT Group Name: Philip Jansen Volume: 1,182 Price: 152p Value: £1,796.64

Company: ITV Name: Anna Manz Volume: 302 Price: 72.32p Value: £218.40

Company: Mitchells & Butlers Name: Phil Urban Volume: 66 Price: 207.49p Value: £136.94

Company: Mitchells & Butlers Name: Tim Jones Volume: 66 Price: 207.49p Value: £136.94
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