Seven Quindell directors boost shareholding
Seven directors of outsourcing firm Quindell have bought shares in the company since Monday following volatility in the stock after the “defamatory” note released by Gotham City.
On Monday a total of six directors, including founder and chief executive Rob Terry, pictured, boosted their shareholdings.
Anthony Bowers purchased 131 579 ordinary shares of 1p each at a price of 19p per share. Following this transaction, Bowers, together with shares held as family interests, is interested in a total of 1 468 994 ordinary shares in the company, representing approximately 0.02% of the total issued share capital.
Rob Terry purchased 500 000 ordinary shares taking his holding, along with shares held as family interests, to a total of 684 500 000 ordinary shares in the company, representing approximately 10.89% of the total issued share capital.
Robert Burrow purchased 150 000 ordinary shares. Following this transaction, Burrow, together with shares held as family interests, is interested in a total of 15 925 000 ordinary shares in the company, representing approximately 0.25% of the total issued share capital.
Stephen Scott, purchased 100 000 ordinary shares of 1p each on 28 April at a price of 19p per share, taking his total, including shares held as family interests, to 76 694 884 ordinary shares, or approximately 1.22% of the total issued share capital.
Vice Admiral Robert Cooling, purchased 25 000 ordinary shares of 1p each on 28 April at a price of 20p per share. Following this transaction, Cooling, together with shares held as family interests, is interested in a total of 7 306 000 ordinary shares in the company, representing approximately 0.12% of the total issued share capital.
On Tuesday, Laurence Moorse, a director of the company, purchased 100 000 ordinary shares. Following the transaction, Moorse is interested in a total of 17 950 000 ordinary shares in the company, or approximately 0.29% of the total issued share capital.
Quindell's stock was trading at 23.50p when markets closed on Tuesday, having been at 39.83p ahead of the note's publication last week. It is currently trading at 25.50p. |
