Director dealings: ProPhotonix CEO ups stake

24th May 2019 15:53

(Sharecast News) - ProPhotonix revealed on Friday that president and chief executive Tim Losik had purchased two million ordinary shares in the AIM-listed manufacturer of LED illumination systems.Losik, who took over as CEO in May 2013, acquired the shares on Thursday at an average price of roughly 2.74p each, for a total value of approximately £54,800.ProPhotonix shares crashed last week after the company warned that full-year revenues were not expected to exceed the $16.4m achieved in 2018.The group said trading had been inconsistent across its customer base due to product introduction delays and the current business climate.As of 1630 BST, ProPhotonix shares had climbed 7.18% to 2.95p.Top Director BuysProPhotonix (DI) (PPIX)Director name: Mr Tim LosikAmount purchased: 2,000,000 @ 2.74pValue: £54,800 Entertainment One Limited (ETO)Director name: Mr Robert McFarlaneAmount purchased: 10,000 @ 408.66pValue: £40,866 Entertainment One Limited (ETO)Director name: Mr Robert McFarlaneAmount purchased: 10,000 @ 407.00pValue: £40,700 Entertainment One Limited (ETO)Director name: Mr Robert McFarlaneAmount purchased: 5,000 @ 410.28pValue: £20,514 Entertainment One Limited (ETO)Director name: Mr Robert McFarlaneAmount purchased: 3,100 @ 407.00pValue: £12,617 Top Director SellsBakkavor Group (BAKK)Director name: Mr Lydur GudmundssonAmount sold: 3,229,625 @ 122.40pValue: £3,953,061 Bakkavor Group (BAKK)Director name: Mr Agust GudmundssonAmount sold: 3,229,625 @ 122.40pValue: £3,953,061 BBGI SICAV S.A. (DI) (BBGI)Director name: Mr Duncan BallAmount sold: 319,000 @ 155.91pValue: £497,353 BBGI SICAV S.A. (DI) (BBGI)Director name: Mr Frank SchrammAmount sold: 319,000 @ 155.91pValue: £497,353 Jardine Matheson Holdings Ltd (Singapore Reg) (JAR)Director name: Mr Simon KeswickAmount sold: 4,600 @ $61.69Value: $283,774