Non-exec sells stake in Twilight distributor

26th Mar 2010 16:30

Non-executive Robert Lantos has sold his entire holding of ordinary shares in Entertainment One, which owns distribution rights to the Twilight vampire films. The Entertainment One share price has almost quintupled in the past year. Lantos gained his stake and board position after he sold his Canadian film distribution businesses to Entertainment One in the summer of 2008. Lantos has sold nearly 1.3m shares at 64.25p each, thereby raising £825,000. He retains just over 3m Class S shares which can be swapped for ordinary shares. Entertainment recently raised £10.3m at 53p a share in order to repurchase exchangeable notes for £9m. The notes had a face value of £14.5m. This will boos earnings by £7m in the year to March 2010. Top Director BuysAberdeen Asset Management (ADN) Director name: Mr Andrew Arthur LaingAmount purchased: 150,000 @ 128.72p Value: £193,080Petropavlovsk (POG) Director name: Dr. Graham Birch Amount purchased: 10,000 @ 1,192.49p Value: £119,249G4S (GFS) Director name: Mr Mark SeligmanAmount purchased: 25,000 @ 258.86p Value: £64,715IQE (IQE) Director name: Mr Godfrey AinsworthAmount purchased: 222,379 @ 17.82p Value: £39,628Serica Energy (SQZ) Director name: Mr Ian VannAmount purchased: 44,673 @ 87.00p Value: £38,866Gartmore Global Trust (GGL) Director name: Mr Richard HillsAmount purchased: 10,000 @ 332.89p Value: £33,289Harvard International (HAR) Director name: Mr Colin GrimsdellAmount purchased: 50,000 @ 52.00p Value: £26,000Opsec Security (OSG) Director name: Mr David A MahonyAmount purchased: 100,000 @ 20.00p Value: £20,000TT Electronics (TTG) Director name: Mr David CrowtherAmount purchased: 20,000 @ 98.68p Value: £19,736Ebiquity (EBQ) Director name: Mr Michael GreenleesAmount purchased: 30,000 @ 56.00p Value: £16,800Top Director SellsBlueBay Asset Management (BBAY) Director name: Mr Nick WilliamsAmount sold: 410,634 @ 365.00p Value: £1,498,814Entertainment One (DI) (ETO) Director name: Mr Robert LantosAmount sold: 1,284,570 @ 64.25p Value: £825,336Monitise (MONI) Director name: Mr Duncan J McIntyreAmount sold: 5,307,855 @ 14.50p Value: £769,639Monitise (MONI) Director name: Mr Alastair LukiesAmount sold: 4,660,794 @ 14.50p Value: £675,815Irish Continental Group Units (ICGC) Director name: Mr Gearoid O'DeaAmount sold: 40,000 @ € 15.60 Value: € 624,000Beazley Group (BEZ) Director name: Mr Clive WashbournAmount sold: 142,036 @ 107.80p Value: £153,115BlueBay Asset Management (BBAY) Director name: Mr Nick WilliamsAmount sold: 39,366 @ 368.91p Value: £145,225Monitise (MONI) Director name: Mr Lee CameronAmount sold: 731,173 @ 14.50p Value: £106,020British Land Co (BLND) Director name: Mr Graham C RobertsAmount sold: 10,000 @ 469.56p Value: £46,956Monitise (MONI) Director name: Mr Tom SpurgeonAmount sold: 275,802 @ 14.50p Value: £39,991