Bioventix directors put shares up for sale to give hungry investors opportunity to buy
Two senior Bioventix directors have sold shares in the antibody development group in order to meet investor demand, it said on Thursday.
Non-executive chairman Ian Nicholson sold 8,000 shares, while chief executive Peter Harrison reduced his holding by 80,000.
Both sales were made at 655p a share, generating £52,400 and £524,000 respectively.
Nicholson's stake now stands at 32,000, while Harrison owns 761,176.
The sales were made just a few weeks after the company, which listed in April, posted a 31% increase in revenue to £3.5m, helping profits to climb 22% to £2.2m after flotation and staff option costs.
The group's performance has been helped by a licence agreement announced earlier this year, which saw it partner with Belgium firm Diasource.
Top Director Buys
Kennedy Wilson Europe Real Estate (KWE)
Director name: Ms Mary Ricks
Amount purchased: 20,916 @ 1,006.00p
Value: £210,415
Kennedy Wilson Europe Real Estate (KWE)
Director name: Mr William McMorrow
Amount purchased: 20,916 @ 1,006.00p
Value: £210,415
Development Securities (DSC)
Director name: Mr Richard Upton
Amount purchased: 35,000 @ 187.00p
Value: £65,450
Just Retirement Group (JRG)
Director name: Mr Michael Deakin
Amount purchased: 20,000 @ 127.62p
Value: £25,524
Wolseley (WOS)
Director name: Mr John Daly
Amount purchased: 550 @ 3,174.00p
Value: £17,457
Northern Petroleum (NOP)
Director name: Mr Jonathan Murphy
Amount purchased: 100,000 @ 15.00p
Value: £15,000
Flowgroup (FLOW)
Director name: Mr John Johnston
Amount purchased: 38,500 @ 38.04p
Value: £14,645
Thorpe (F.W.) (TFW)
Director name: Mr Peter Mason
Amount purchased: 10,000 @ 120.40p
Value: £12,040
Top Director Sells
GKN (GKN)
Director name: Mr Marcus Bryson
Amount sold: 179,759 @ 311.00p
Value: £559,050
Nanoco Group (NANO)
Director name: Mr Colin White
Amount sold: 450,000 @ 113.51p
Value: £510,795
M. P. Evans Group (MPE)
Director name: Mr James Derek Shaw
Amount sold: 11,000 @ 442.00p
Value: £48,620
Flowgroup (FLOW)
Director name: Mr John Johnston
Amount sold: 38,500 @ 38.00p
Value: £14,630
Thorpe (F.W.) (TFW)
Director name: Mr Peter Mason
Amount sold: 10,000 @ 120.00p
Value: £12,000.