Director dealings: OneSavings group misses out on upgrade uplift

6th Dec 2016 16:13

(ShareCast News) - A group of OneSavings Bank directors missed out on thousands of pounds in the challenger bank as they sold just before its shares were lifted 7% by a broker upgrade on Tuesday.Commercial director Jens Bech sold more than £861,000 worth at 313p on Monday, while chief financial officer April Talintyre sold 200,000 shares at the same price to pocket £626,502 before costs.Sales and marketing director John Eastgate's wife Christine sold 200,022 shares and chief operating officer Clive Kornitzer's spouse Katharine offloaded 147,054 shares all at the same price.But shares in the lender were up more than 7% to 338.8p by Tuesday afternoon as RBC Capital Markets upgraded the stock to 'outperform' from 'sector perform'. Analysts said their downgrade of the stock to 'sector perform' last month was premature and based on overly conservative estimates: "Now, based upon our increased forecasts and price target, we believe the shares are once again set to outperform." Top Director BuysMotorpoint Group (MOTR)Director name: Hurst,Gordon MAmount purchased: 40,000 @ 125.00pValue: £50,000.00Paysafe Group (PAYS)Director name: Jones ,Dennis Amount purchased: 10,000 @ 364.68pValue: £36,468.00Urban&civic (UANC)Director name: Barlow ,Ian Amount purchased: 10,000 @ 210.00pValue: £21,000.00Future (FUTR)Director name: Ladkin-Brand,PennyAmount purchased: 119,331 @ 12.61pValue: £15,047.64Intermediate Capital Group (ICP)Director name: Purves,KathrynAmount purchased: 2,237 @ 669.90pValue: £14,985.66Future (FUTR)Director name: Ladkin-Brand,PennyAmount purchased: 121,815 @ 12.21pValue: £14,873.61Nahl Group (NAH)Director name: Atkinson,John RussellAmount purchased: 10,000 @ 140.00pValue: £14,000.00Nahl Group (NAH)Director name: Dolton,StephenAmount purchased: 10,000 @ 140.00pValue: £14,000.00Nahl Group (NAH)Director name: Dolton,StephenAmount purchased: 10,000 @ 140.00pValue: £14,000.00S&u (SUS)Director name: Smith,Keith RAmount purchased: 350 @ 2,000.00pValue: £7,000.00Personal Assets Trust (PNL)Director name: Sharp,Jean Amount purchased: 7 @ 39,800.00pValue: £2,786.00Personal Assets Trust (PNL)Director name: Sharp,Jean Amount purchased: 6 @ 38,940.00pValue: £2,336.40Personal Assets Trust (PNL)Director name: Angus,Robin JohnAmount purchased: 3 @ 38,940.00pValue: £1,168.20Personal Assets Trust (PNL)Director name: Sharp,Jean Amount purchased: 3 @ 38,625.00pValue: £1,158.75Aberdeen Asian Smaller Companies Investment Trust (AAS)Director name: Fukuda,HarukoAmount purchased: 39 @ 919.00pValue: £358.41Marshalls (MSLH)Director name: Clarke,JackAmount purchased: 50 @ 302.30pValue: £151.15Marshalls (MSLH)Director name: Coffey,MartynAmount purchased: 50 @ 302.30pValue: £151.15Close Brothers Group (CBG)Director name: Yarrow,PhilipAmount purchased: 11 @ 1,367.00pValue: £150.37Close Brothers Group (CBG)Director name: Etherington,RebekahAmount purchased: 10 @ 1,367.00pValue: £136.70Top Director SellsOnesavings Bank (OSB)Director name: Talintyre ,April Amount sold: 200,000 @ 313.25pValue: £626,499.99Nichols (NICL)Director name: Croston,Tim Amount sold: 393 @ 1,580.00pValue: £6,209.40