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Tristel chairman sells
Thu, 02 Sep, 2010
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Tristel chairman sells
Fri, 3 Jul 2009, 17:30:00
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Francisco Soler, non-executive chairman of <b>Tristel</b>, sold £315,680 worth of shares in the disinfectant supplier to satisfy institutional demand following the group's oversubscribed placing. Soler disposed of 769,951 shares in Tristel at 41p each as the group raised £1m to part finance the purchase of a portfolio of infection control products for between £2.15m and £2.4m. The group placed 2.7m shares at 41p each, which will help buy intellectual property and manufacturing rights from Medichem International. The placing was three times over subscribed. <b>Top Director Buys</b> Mwana Africa (MWA) Director name: Mr Kalaa Mpinga Amount purchased: 1,000,000 @ 5.60p Value: £56,000 Castle Asia (CASA) Director name: Mr Christopher Russell Amount purchased: 20,000 @ 92.00p Value: £18,400 <b>Top Director Sells</b> Tristel (TSTL) Director name: Mr Francisco Angel Soler Amount sold: 366,480 @ 41.00p Value: £150,257 Robert Wiseman (RWD) Director name: Mr Martyn Mulcahy Amount sold: 33,802 @ 384.10p Value: £129,833 Tristel (TSTL) Director name: Mr Francisco Angel Soler Amount sold: 268,980 @ 41.00p Value: £110,282 Tristel (TSTL) Director name: Mr Francisco Angel Soler Amount sold: 134,490 @ 41.00p Value: £55,141
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