Gamma Communications CFO sells shares to repay loan and tax liability

16th Dec 2015 16:04

(ShareCast News) - Gamma Communications' chief financial officer sold just under two-fifths of his shareholding on Tuesday.Andrew Belshaw sold just under 180,000 shares for a total of £742,327.The proceeds of the sale were partially used to satisfy the tax liability on recently exercised share options from the beginning of December.He also used it to repay a £50,000 loan which had been made to him before the company was admitted to AIM.Belshaw still has a 0.3% stake in the company.Non-executive director Andrew Stone also sold a fraction of his shareholding to take home a pre-Christmas bonus of £207,000.Top Director BuysCenkos Securities (CNKS) Director name: Mr James John (Jim) DurkinAmount purchased: 25,000 @ 165.00p Value: £41,250Cohort (CHRT) Director name: Mr Jeffrey Lawrence PerrinAmount purchased: 4,000 @ 390.32p Value: £15,613BG Group (BG.) Director name: Mr Patrick W. ThomasAmount purchased: 1,278 @ 951.30p Value: £12,158BG Group (BG.) Director name: Mr Haw-Kuang LimAmount purchased: 1,155 @ 951.30p Value: £10,988Top Director SellsGamma Communications (GAMA) Director name: Mr Andrew BelshawAmount sold: 179,306 @ 414.00p Value: £742,327Lok'n Store Group (LOK) Director name: Mr Andrew JacobsAmount sold: 200,000 @ 340.00p Value: £680,000Lok'n Store Group (LOK) Director name: Mr Simon ThomasAmount sold: 200,000 @ 340.00p Value: £680,000Gamma Communications (GAMA) Director name: Mr Andrew Jonathan StoneAmount sold: 50,000 @ 414.00p Value: £207,000Enterprise Inns (ETI) Director name: Mr W Simon TownsendAmount sold: 114,715 @ 106.72p Value: £122,424Enterprise Inns (ETI) Director name: Mr W Simon TownsendAmount sold: 64,255 @ 106.72p Value: £68,573Enterprise Inns (ETI) Director name: Mr Neil SmithAmount sold: 46,144 @ 106.72p Value: £49,245Enterprise Inns (ETI) Director name: Mr Neil SmithAmount sold: 25,872 @ 106.72p Value: £27,611