Lanir raises Livermore stake to 48.75%
Noam Lanir, chief executive officer of Livermore Investments, is closing in on having control of half the company after his third share purchase in the last five days.
Lanir spent £74,550 today buying 210,000 Livermore shares at 35.5p to bring his holding up to 138,453,923 shares, or 48.75% of the total issued share capital of the company.
Last week Lanir made two separate purchases, the first a monster purchase of 3.5m shares at 33.57p each and the second a top-up of 75,000 shares at 35p each.
Livermore Investments is the rump of Empire Online, which became an investment company after selling off its online gaming interests to PartyGaming.
Since converting to an investment company Livermore has made three major acquisitions. The first was the purchase of a 34,000 square metre commercial freehold property, Wylerpark, in Bern, Switzerland, for £38.3m, which came with a commitment to build 39 luxury apartments overlooking the Alps on the land.
The company subsequently invested around £6.8m into Romanian TV company DTH Television, by way of an interest-bearing shareholder loan and equity participation of 15% of DTH's share capital.
Earlier this month the company acquired an 8.41% holding in real estate investment and development company central and eastern Europe focussed Atlas Estates for £11.3m.
Top Director Buys
RM Group (RM.)
Director name: Mr Timothy Pearson
Amount purchased: 39,013 @ 197.00p
Value: £76,856
Livermore Investments (LIV)
Director name: Mr Noam Lanir
Amount purchased: 210,000 @ 35.50p
Value: £74,550
RM Group (RM.)
Director name: Mr Rob Sirs
Amount purchased: 28,961 @ 197.00p
Value: £57,053
RM Group (RM.)
Director name: Mr Mike Greig
Amount purchased: 25,828 @ 197.00p
Value: £50,881
JumpTV (JTV)
Director name: Mr G. Scott Paterson
Amount purchased: 34,300 @ 99.00p
Value: £33,957
TT Electronics (TTG)
Director name: Mr James Armstrong
Amount purchased: 15,000 @ 106.00p
Value: £15,900
Top Director Sells
Consolidated Minerals (CNM)
Director name: Mr Rodney Baxter
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Amount sold: 1,000,000 @ 212.40p
Value: £2,124,000
Michelmersh Brick Holdings (MBH)
Director name: Mr Martin Warner
Amount sold: 328,232 @ 110.00p
Value: £361,055
Consolidated Minerals (CNM)
Director name: Mr Richard (Dick) Carter
Amount sold: 54,000 @ 212.40p
Value: £114,696
Consolidated Minerals (CNM)
Director name: Mr Michael Anthony Etheridge
Amount sold: 50,000 @ 212.40p
Value: £106,200
JumpTV (JTV)
Director name: Mr Lorne Abony
Amount sold: 105,000 @ 99.91p
Value: £104,906
Consolidated Minerals (CNM)
Director name: Mr Bruce Brook
Amount sold: 20,000 @ 212.40p
Value: £42,480
JumpTV (JTV)
Director name: Mr Lorne Abony
Amount sold: 35,000 @ 99.42p
Value: £34,797
RM Group (RM.)
Director name: Mr Mike Greig
Amount sold: 15,582 @ 200.00p
Value: £31,164
RM Group (RM.)
Director name: Mr Timothy Pearson
Amount sold: 5,787 @ 200.00p
Value: £11,574
