Director dealings: Emis CFO ups stake

Emis Group chief financial officer Peter Southby snapped up 2,880 ordinary shares in the AIM-listed software and services outfit for his spouse on Wednesday.

Southby, who joined Emis back in October 2012, purchased the shares at an average price of 1,104p each, for a total value of £31,795.

Emis completed the disposal of its non-core specialist and care segment to Northgate Public Services UK early this month.

The company said the total cash consideration for the disposal was £14.9m, made up of £14.0m paid on completion - inclusive of £5.0m of intercompany debtor balances settled in cash by EMIS Group on completion - and £0.9m of contingent consideration.

The disposal consisted of three businesses - Medical Imaging UK, which provides eye screening services in England; MIDRSS, which does the same in Ireland; and Digital Healthcare, which provides eye screening software.

As of 1630 BST, Emis shares had dipped 0.90% to 1,098p.

Top Director Buys

EMIS Group (EMIS)

Director name: Mr Peter Southby

Amount purchased: 2,880 @ 1,104.00p

Value: £31,795

Mercia Technologies (MERC)

Director name: Mr Julian Viggars

Amount purchased: 58,000 @ 33.90p

Value: £19,662

Wynnstay Group (WYN)

Director name: Mr Gareth Davies

Amount purchased: 6,500 @ 292.50p

Value: £19,012

Mercia Technologies (MERC)

Director name: Mr Martin James Glanfield

Amount purchased: 50,000 @ 34.40p

Value: £17,200

Mercia Technologies (MERC)

Director name: Mr Mark Andrew Payton

Amount purchased: 44,091 @ 33.80p

Value: £14,903

Top Director Sells