Directors dealings: Sportech director acquires 125,000 shares in bookmaker
Sportech
84.00p
16:35 16/10/23
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.
FTSE All-Share
4,270.15
13:35 19/04/24
FTSE Small Cap
6,330.27
13:35 19/04/24
Travel & Leisure
7,483.39
13:34 19/04/24
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