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DIRECTOR DEALINGS: BAE tech chief, associate sell around £1 million

ALN

The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:

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BAE Systems PLC - London-based aerospace company - Chief Technology & Information Officer Julian Cracknell sells 8,000 at £19.36 each, £154,880 in total last week Friday. Sam Cracknell, a person closely associated, sells 45,000 shares on the same date for £19.42 each, £873,675 in total. The director’s interest in BAE shares following the sales is not stated.

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British American Tobacco PLC - London-based maker of cigarette and vaping products - James Barrett, director for Business Development, sells 4,915 shares in BAT at £36.73 each, £180,541 in total. The sale was made on Friday. Barrett’s stake following the transaction is not stated.

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Berkeley Group Holdings PLC - Cobham, England-based housebuilder - Chief Executive Robert Perrins buys 13,000 shares at £38.46 each, around £50,000 in total. Purchase is made on Friday. The CEO’s stake following the buy is not stated. Perrins will move the position of executive chair. Berkeley Chair Michael Dobson will step down at the annual general meeting on September 5. Chief Financial Officer Richard Stearn will become CEO. Berkeley also on Friday reported pretax profit of £528.9 million for the financial year ended April 30, down 5.1% from £557.3 million the prior year. Revenue edged up to £2.49 billion from £2.46 billion.

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Ibstock PLC - Leicestershire, England-based building products supplier - Non-Executive Chair Richard Akers buys 100,000 shares at £1.55 each, £155,000 in total, on Thursday. The shares represent the chair’s only shareholding in Ibstock. Richard Akers replaced Jonathan Nicholls as Ibstock chair, who stepped down after the AGM in May.

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