nice little movement up this morning - I think fund managers and traders are beginning to realise that Brexit is overdone - the GB retail consumers are continuing as normal - in this market yield is now king - this share has the yield and this share is way oversold - up 5p this morning with the ftse down almost 1pct - not too shabby me thinks - dyor etc
Hi Poker chips, The BOD bonus yearly is 33% cash 66% shares. The share part is deferred for 3 years and is only realisable if they remain in the company or get pay off to leave. Don't know specifics on why they have exercised but maybe need the money short term for house move etc. But from previous dealings Patrick seems to shift his on fairly often once they become available.From what I know, Helen Weir and Robert Swannel both took opportunity to buy when they could. Think that was perhaps a vote of confidence in new CEO. With Cap ex payments reducing fairly soon and the cost cutting the business have done, they can sustain another year of dropping sales in clothing and home without suppressing divi payments, or having a substantial drop in profits. They have already lowered market expectation at start of year by saying that C&H sales will be down this year, but believe that they will outperform those lowered expectations and food continues to trade well.
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