Non-exec sells stake in Twilight distributor

Date: Friday 26 Mar 2010

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 Buys

Aberdeen Asset Management (ADN)
Director name: Mr Andrew Arthur Laing
Amount purchased: 150,000 @ 128.72p
Value: £193,080

Petropavlovsk (POG)
Director name: Dr. Graham Birch
Amount purchased: 10,000 @ 1,192.49p
Value: £119,249

G4S (GFS)
Director name: Mr Mark Seligman
Amount purchased: 25,000 @ 258.86p
Value: £64,715

IQE (IQE)
Director name: Mr Godfrey Ainsworth
Amount purchased: 222,379 @ 17.82p
Value: £39,628

Serica Energy (SQZ)
Director name: Mr Ian Vann
Amount purchased: 44,673 @ 87.00p
Value: £38,866

Gartmore Global Trust (GGL)
Director name: Mr Richard Hills
Amount purchased: 10,000 @ 332.89p
Value: £33,289

Harvard International (HAR)
Director name: Mr Colin Grimsdell
Amount purchased: 50,000 @ 52.00p
Value: £26,000

Opsec Security (OSG)
Director name: Mr David A Mahony
Amount purchased: 100,000 @ 20.00p
Value: £20,000

TT Electronics (TTG)
Director name: Mr David Crowther
Amount purchased: 20,000 @ 98.68p
Value: £19,736

Ebiquity (EBQ)
Director name: Mr Michael Greenlees
Amount purchased: 30,000 @ 56.00p
Value: £16,800


Top Director Sells

BlueBay Asset Management (BBAY)
Director name: Mr Nick Williams
Amount sold: 410,634 @ 365.00p
Value: £1,498,814

Entertainment One (DI) (ETO)
Director name: Mr Robert Lantos
Amount sold: 1,284,570 @ 64.25p
Value: £825,336

Monitise (MONI)
Director name: Mr Duncan J McIntyre
Amount sold: 5,307,855 @ 14.50p
Value: £769,639

Monitise (MONI)
Director name: Mr Alastair Lukies
Amount sold: 4,660,794 @ 14.50p
Value: £675,815

Irish Continental Group Units (ICGC)
Director name: Mr Gearoid O'Dea
Amount sold: 40,000 @ € 15.60
Value: € 624,000

Beazley Group (BEZ)
Director name: Mr Clive Washbourn
Amount sold: 142,036 @ 107.80p
Value: £153,115

BlueBay Asset Management (BBAY)
Director name: Mr Nick Williams
Amount sold: 39,366 @ 368.91p
Value: £145,225

Monitise (MONI)
Director name: Mr Lee Cameron
Amount sold: 731,173 @ 14.50p
Value: £106,020

British Land Co (BLND)
Director name: Mr Graham C Roberts
Amount sold: 10,000 @ 469.56p
Value: £46,956

Monitise (MONI)
Director name: Mr Tom Spurgeon
Amount sold: 275,802 @ 14.50p
Value: £39,991

« Go back to news channel

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE