Saturday 5th July 2008
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Concateno directors wade in

Concateno directors wade in

22.01.2008

This genius investor does dizzying levels of research to uncover...Half Price Shares!

Directors of Concateno, the AIM-listed drug and alcohol testing company, have been lifting their stakes in the company after yesterday's trading update, which said results for 2007 were in line with expectations.

Company director Vin Murria bought 100,000 shares in the company, her first purchase.

Chief executive officer Fiona Begley and chairman Keith Tozzi, a former director of Southern Water, each bought 20,000 shares, bringing their respective stakes in the company to 961,177 shares and 120,000 shares.

The directors each paid 110p for every share. Begley's stake in the company amounts to around 1%, while Murria and Tozzi each have a stake of around 0.1%.

The company also said that Marwyn Neptune Fund had acquired a further 722,965 shares, also at 110p a share, bringing its stake to 18,047,496 shares, or around 19% of the company.

Concateno owns a range of businesses, whose services include testing prisoners for illegal drug use.

Top Director Buys

Concateno (COT)

Director name: Mr Vinodka Murria

Amount purchased: 100,000 @ 110.00p

Value: £110,000

EP Global Opportunities Trust (EPG)

Director name: Mr Richard Burns

Amount purchased: 50,000 @ 144.00p

Value: £72,000

Trust Property Management (TPM)

Director name: Mr Benjamin Mire

Amount purchased: 200,000 @ 17.00p

Value: £34,000

Premier Farnell (PFL)

Director name: Ms Harriet Green

Amount purchased: 19,624 @ 126.50p

Value: £24,824

Concateno (COT)

Director name: Mr Keith Tozzi

Amount purchased: 20,000 @ 110.00p

Value: £22,000

Concateno (COT)

Director name: Mr Fiona Begley

Amount purchased: 20,000 @ 110.00p

Value: £22,000

Fulcrum (FUL)

Director name: Mr Geoffrey Smith

Amount purchased: 500,000 @ 3.50p

Value: £17,500

TXO (TXO)

Director name: Mr Michael Chandler

Amount purchased: 350,000 @ 3.50p

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Value: £12,250

Top Director Sells

Domino Printing (DNO)

Director name: Mr Nigel R Bond

Amount sold: 120,000 @ 295.00p

Value: £354,000

Electra Private Equity (ELTA)

Director name: Rt Hon Lor Thomas King of Bridgewater

Amount sold: 12,498 @ 1,557.05p

Value: £194,600

Domino Printing (DNO)

Director name: Mr Garry Havens

Amount sold: 54,696 @ 295.00p

Value: £161,353

Domino Printing (DNO)

Director name: Mr Andrew C Herbert

Amount sold: 37,400 @ 295.00p

Value: £110,330

Shaftesbury (SHB)

Director name: Mr Simon J Quayle

Amount sold: 18,573 @ 502.00p

Value: £93,236

Filtronic (FTC)

Director name: Mr Edwin Graham Meek

Amount sold: 50,000 @ 170.00p

Value: £85,000

Shaftesbury (SHB)

Director name: Mr Thomas J C Welton

Amount sold: 11,519 @ 502.00p

Value: £57,825

Electra Private Equity (ELTA)

Director name: Rt Hon Lor Thomas King of Bridgewater

Amount sold: 3,117 @ 1,561.39p

Value: £48,669

Shaftesbury (SHB)

Director name: Mr Brian Bickell

Amount sold: 5,760 @ 502.00p

Value: £28,915



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