Director dealings: Telit chairman ups stake

18th Oct 2018 16:41

(Sharecast News) - Telit Communications chairman Paolo Dal Pino purchased 135,000 ordinary shares in the AIM-listed tech firm.Dal Pino, who replaced interim chair Simon Duffy back in June, acquired the shares at an average cost of 166.45p each, for a total value of £224,707.50.Just last week, Telit inked a deal that will see its technology be used by telecoms group China Unicom to manage its internet-of-things devices and applications.Dal Pino said: "Our new relationship with China Unicom is a key development in growing our IoT module and solution market share in one of the world's largest, fastest-growing economies. We are delighted to be working with China Unicom to deliver best in class IoT solutions to customers in the thriving Chinese IoT market."As of 1640 BST, Telit shares had picked up 1.94% to 168p.Top Director BuysTelit Communications (TCM)Director name: Pino,Paolo Dal Amount purchased: 135,000 @ 166.45pValue: £224,707.50Brown (n.) Group (BWNG)Director name: McMillan,RonaldAmount purchased: 50,000 @ 120.70pValue: £60,350.00Genel Energy (GENL)Director name: Whyte ,Stephen Amount purchased: 6,642 @ 234.65pValue: £15,585.45Jpmorgan Asian Investment Trust (JAI)Director name: Stagg,RichardAmount purchased: 5,000 @ 311.20pValue: £15,560.00Secure Trust Bank (STB)Director name: Forsyth,Michael BruceAmount purchased: 1,000 @ 1,486.50pValue: £14,865.00Audioboom Group (BOOM)Director name: Maddock,RogerAmount purchased: 500,000 @ 1.48pValue: £7,375.00Genel Energy (GENL)Director name: Whyte ,Stephen Amount purchased: 2,122 @ 235.00pValue: £4,986.70Kingswood Holdings Limited (KWG)Director name: Kaplan,DarrylAmount purchased: 24,800 @ 16.75pValue: £4,154.00Murray Income Trust (MUT)Director name: Eastment,Stephanie Amount purchased: 575 @ 721.04pValue: £4,145.98Coca-cola Hbc Ag (cdi) (CCH)Director name: Bogdanovic,Zoran Amount purchased: 162 @ 2,352.48pValue: £3,811.02Audioboom Group (BOOM)Director name: Tobin,MichaelAmount purchased: 250,000 @ 1.45pValue: £3,625.00Coca-cola Hbc Ag (cdi) (CCH)Director name: GUSTAVSSON,JANAmount purchased: 102 @ 2,352.48pValue: £2,399.53Coca-cola Hbc Ag (cdi) (CCH)Director name: Imellos,Michalis Amount purchased: 49 @ 2,352.48pValue: £1,152.72Coca-cola Hbc Ag (cdi) (CCH)Director name: PAREZANOVIC,SANDA Amount purchased: 35 @ 2,352.48pValue: £823.37Alliance Trust (ATST)Director name: Sternberg,KarlAmount purchased: 31 @ 770.07pValue: £238.72Severfield (SFR)Director name: Sanderson,MarkAmount purchased: 215 @ 69.98pValue: £150.46Severfield (SFR)Director name: Cochrane,IanAmount purchased: 179 @ 69.98pValue: £125.26Severfield (SFR)Director name: Dunsmore,AlanAmount purchased: 179 @ 69.98pValue: £125.26Jpmorgan Asian Investment Trust (JAI)Director name: Gould,RonaldAmount purchased: 40 @ 312.00pValue: £124.80Top Director Sells