Directors dealings: Sportech director acquires 125,000 shares in bookmaker

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Sharecast News | 01 Jun, 2018

17:21 16/10/23

  • 84.00
  • 12.15%9.10
  • Max: 86.00
  • Min: 74.16
  • Volume: 54,018
  • MM 200 : n/a

Richard Cooper, a non-executive director of betting technology business Sportech, acquired 125,000 ordinary shares in the London-listed firm on Friday, just twenty four hours after the bookmaker inked a US deal with sports data provider Sportradar.

Cooper, who was appointed to Sportech's board back in April 2017, purchased the shares at an average price of 83.50p each for a total of £104,375.

Sportech announced its commercial betting deal with Sportradar on Thursday.

Following the recent US Supreme Court decision which paved the way for states to adopt legislation to permit and regulate sports betting, Sportech's agreement with Sportradar will allow the firm to offer Sportradar's sports betting related product portfolio, including pre-match and in-play betting services, content, trading tools, and risk management services, to its licensed operator.

As of 1440 BST, Sportech shares had picked up 1.83% to 83.50p.

Top Director Buys

Accrol Group Holdings (ACRL)

Director name: Mr Dan Wright

Amount purchased: 1,333,333 @ 15.00p

Value: £200,000

Sportech (SPO)

Director name: Mr Richard Q M Cooper

Amount purchased: 125,000 @ 83.50p

Value: £104,375

Accrol Group Holdings (ACRL)

Director name: Mr Gareth Jenkins

Amount purchased: 500,000 @ 15.00p

Value: £75,000

Accrol Group Holdings (ACRL)

Director name: Mr Martin Leitch

Amount purchased: 266,666 @ 15.00p

Value: £40,000

Georgia Capital (CGEO)

Director name: Mr Ekaterina Shavgulidze

Amount purchased: 2,450 @ 1,000.00p

Value: £24,500

FirstGroup (FGP)

Director name: Mr Drummond Hall

Amount purchased: 20,000 @ 93.52p

Value: £18,704

Assura (AGR)

Director name: Mr Jayne Cottam

Amount purchased: 26,000 @ 57.50p

Value: £14,950

Top Director Sells

LondonMetric Property (LMP)

Director name: Mr Patrick Vaughan

Amount sold: 300,000 @ 191.70p

Value: £575,100

ITV (ITV)

Director name: Mr Ian Griffiths

Amount sold: 126,785 @ 162.50p

Value: £206,026

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