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Findel ShareCast News (FDL)
ShareCast News for Findel (FDL)
| Share Price: 144.75 | Bid: 142.50 | Ask: 147.00 | Change: 0.00 (0.00%) |  | ||||||
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Second day of sales for Reckitt Benckiser director
Thu, 1st Dec 2011 13:55
Peter Harf, the deputy chairman of the board at Reckitt Benckiser, has once again sold millions of pounds worth of shares in the firm, totalling £23m in just three days.
The company insists the director, who has occupied his position since 1999, isn't going anywhere just yet.
"He's made the sale for personal-professional reasons," the firm said.
"Crucially, the sale has nothing to do with Joh A Benckiser (JAB), of which he is chief executive. We have no reason to believe that JAB is planning to make any decisions relating to the firm and will continue to maintain its 15% stake in the company."
After selling £13.3m-worth of shares on Wednesday, Harf then sold another £9.37m-worth on Thursday.
The shares that Harf is selling were purchased before the 1999 merger between Reckitt & Colman and Benckiser.
The share price rose 0.09% to 3,222p by 16:27.
NR
Top Director Buys
Sportingbet (SBT)
Director name: Mr Andrew McIver
Amount purchased: 490,871 @ 32.00p
Value: £157,079
Marston's (MARS)
Director name: Mr Neil G Goulden
Amount purchased: 100,000 @ 96.58p
Value: £96,580
Sportingbet (SBT)
Director name: Mr James Wilkinson
Amount purchased: 269,979 @ 32.00p
Value: £86,393
XP Power Ltd. (DI) (XPP)
Director name: Mr James E Peters
Amount purchased: 7,000 @ 948.62p
Value: £66,403
May Gurney Integrated Services (MAYG)
Director name: Ms Ishbel Jean Stewart Macpherson
Amount purchased: 16,900 @ 295.75p
Value: £49,982
Findel (FDL)
Director name: Mr David A Sugden
Amount purchased: 1,500,000 @ 3.00p
Value: £45,000
Lok'n Store Group (LOK)
Director name: Mr Richard Holmes
Amount purchased: 15,000 @ 98.50p
Value: £14,775
Lok'n Store Group (LOK)
Director name: Mr Richard Holmes
Amount purchased: 10,000 @ 101.00p
Value: £10,100
Top Director Sells
Reckitt Benckiser Group (RB.)
Director name: Mr Peter Harf
Amount sold: 291,895 @ 3,211.26p
Value: £9,373,507
Diageo (DGE)
Director name: Mr Paul S Walsh
Amount sold: 145,000 @ 1,363.00p
Value: £1,976,350
The company insists the director, who has occupied his position since 1999, isn't going anywhere just yet.
"He's made the sale for personal-professional reasons," the firm said.
"Crucially, the sale has nothing to do with Joh A Benckiser (JAB), of which he is chief executive. We have no reason to believe that JAB is planning to make any decisions relating to the firm and will continue to maintain its 15% stake in the company."
After selling £13.3m-worth of shares on Wednesday, Harf then sold another £9.37m-worth on Thursday.
The shares that Harf is selling were purchased before the 1999 merger between Reckitt & Colman and Benckiser.
The share price rose 0.09% to 3,222p by 16:27.
NR
Top Director Buys
Sportingbet (SBT)
Director name: Mr Andrew McIver
Amount purchased: 490,871 @ 32.00p
Value: £157,079
Marston's (MARS)
Director name: Mr Neil G Goulden
Amount purchased: 100,000 @ 96.58p
Value: £96,580
Sportingbet (SBT)
Director name: Mr James Wilkinson
Amount purchased: 269,979 @ 32.00p
Value: £86,393
XP Power Ltd. (DI) (XPP)
Director name: Mr James E Peters
Amount purchased: 7,000 @ 948.62p
Value: £66,403
May Gurney Integrated Services (MAYG)
Director name: Ms Ishbel Jean Stewart Macpherson
Amount purchased: 16,900 @ 295.75p
Value: £49,982
Findel (FDL)
Director name: Mr David A Sugden
Amount purchased: 1,500,000 @ 3.00p
Value: £45,000
Lok'n Store Group (LOK)
Director name: Mr Richard Holmes
Amount purchased: 15,000 @ 98.50p
Value: £14,775
Lok'n Store Group (LOK)
Director name: Mr Richard Holmes
Amount purchased: 10,000 @ 101.00p
Value: £10,100
Top Director Sells
Reckitt Benckiser Group (RB.)
Director name: Mr Peter Harf
Amount sold: 291,895 @ 3,211.26p
Value: £9,373,507
Diageo (DGE)
Director name: Mr Paul S Walsh
Amount sold: 145,000 @ 1,363.00p
Value: £1,976,350
Findel trading in line, disposal talks continue
Home shopping, educational and healthcare business Findel said its full year performance is expected to be in line with expectations as it holds board talks on the disposal of its healthcare unit.[8 Apr '13]
Findel unveils proposed disposal of healthcare division NRS
Findel, the general merchandise supplier to the home, education and healthcare sectors, has entered into a conditional agreement to dispose of its Healthcare division (NRS) to LDC.[19 Mar '13]
Findel plunges despite encouraging update
Shares of home shopping education supplies company Findel tumbled despite its assurance that it remains on the path to recovery in a difficult environment.[23 Jan '13]
Findel down after cautious update
Findel, the home shopping and education materials supplier, took a hit after the firm said it was yet to see a sustained Christmas pick-up and was cautious about the remainder of the year.[27 Nov '12]
Findel sales rise as turnaround continues
Home shopping, educational and healthcare business Findel said its turnaround actions helped it report a 7.9 per cent increase in first half sales, and while spending pressures remain, it is confident of further progress.[3 Oct '12]
Findel packs up its losses in its old Kitbag
Findel, the home shopping and education materials supplier, says restructuring costs and goodwill write-downs led to much heavier losses.[12 Jun '12]
Christmas sales sparkle at Findel
Multi channel retailer Findel said second half sales rose 4.5% after a stellar performance from its largest business Express Gifts over the Christmas period.[18 Jan '12]
Young & Co's retail director sells more than just a few pints
A round-up of the biggest director deals today so far.[6 Dec '11]
