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Director dealings: Earthport chairman acquires 250,000 shares

By Iain Gilbert

Date: Tuesday 22 May 2018

Director dealings: Earthport chairman acquires 250,000 shares

(Sharecast News) - Hank Uberoi, executive chairman of cross-border payment service Earthport, purchased 250,000 ordinary shares in the AIM-quoted firm on Tuesday.
He picked up the shares at an average price of 9.10p each, spending a total of £22,750 on the transaction.

Uberoi, the firm's former chief executive, now holds a total of 28.15m Earthport shares, representing 4.52% of the company's issued share capital.

Earthport issued an unaudited trading update for the six months ended 31 December on Thursday, reporting 8% growth in revenues over the prior year to £15.4m.

The AIM-traded firm said its adjusted gross margin decreased by 9% to 64%, compared to 70% in the first half of 2017, which the board put down to network delivery costs and mix of business.

As of 1600 BST, Earthport shares had gained 2.48% to 9.10p.

Top Director Buys

U And I Group (UAI)

Director name: Mr Matthew Weiner

Amount purchased: 17,315 @ 235.80p

Value: £40,829



U And I Group (UAI)

Director name: Mr Richard Upton

Amount purchased: 16,751 @ 235.80p

Value: £39,499



Fevertree Drinks (FEVR)

Director name: Mr Jeff Popkin

Amount purchased: 1,000 @ 3,850.00p

Value: £38,500



U And I Group (UAI)

Director name: Mr Marcus Shepherd

Amount purchased: 16,102 @ 235.80p

Value: £37,969



Earthport (EPO)

Director name: Mr Hank Uberoi

Amount purchased: 250,000 @ 9.10p

Value: £22,750



Countryside Properties (CSP)

Director name: Mr Douglas Hurt

Amount purchased: 5,800 @ 375.50p

Value: £21,779



Countryside Properties (CSP)

Director name: Mr Douglas Hurt

Amount purchased: 5,800 @ 375.50p

Value: £21,779



Robinson (RBN)

Director name: Mr Guy Robinson

Amount purchased: 25,957 @ 77.00p

Value: £19,987



Robinson (RBN)

Director name: Mr Guy Robinson

Amount purchased: 27,009 @ 74.00p

Value: £19,987



Ferrum Crescent Ltd NPV (DI) (FCR)

Director name: Mr Laurence Read

Amount purchased: 23,913,044 @ 0.057p

Value: £14,348



Top Director Sells

Moss Bros Group (MOSB)

Director name: Mr Brian Brick

Amount sold: 45,000 @ 49.00p

Value: £22,050



Moss Bros Group (MOSB)

Director name: Mr Brian Brick

Amount sold: 45,000 @ 49.00p

Value: £22,050

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