ShareCast News for Findel (FDL)
Tue, 6th Dec 2011 15:57
Patrick Dardis, the retail director at Young & Co's Brewery, can afford to buy more than a round of drinks after selling £29,995-worth of shares.
Dardis, who joined the AIM-50 listed firm in 2002, sold off 4,411 shares at 680.00p each, less than two weeks after Young & Co.'s said it has made a very positive start to the second half of the financial year.
The company reported that revenue was up 34% at £90.5m during the six months to October, with adjusted profit before tax up 11% to £12.5m.
Peel Hunt responded to the interim results by upgrading its full-year profit before tax forecast by 2% to £21.0m, and its earnings per share estimate by 1% to 31.5p.
The director has overall responsibility for the operation of the Young's managed estate as well as Young's managed house pub acquisitions and developments.
Top Director Buys
Blackrock Frontiers Investment Trust (BRFI)
Director name: Mr John Murray
Amount purchased: 100,000 @ 75.50p
Value: £75,500
Findel (FDL)
Director name: Mr Tim Kowalski
Amount purchased: 1,298,312 @ 3.83p
Value: £49,725
James Halstead (JHD)
Director name: Mr Anthony Wild
Amount purchased: 2,350 @ 474.28p
Value: £11,146
Top Director Sells
Smiths News (NWS)
Director name: Mr Mark Cashmore
Amount sold: 65,965 @ 85.08p
Value: £56,123
Young & Co's Brewery 'A' Shares (YNGA)
Director name: Mr Patrick Dardis
Amount sold: 4,411 @ 680.00p
Value: £29,995
Smiths News (NWS)
Director name: Mr Jonathan Bunting
Amount sold: 31,839 @ 85.08p
Value: £27,089
Smiths News (NWS)
Director name: Mr Jonathan Bunting
Amount sold: 25,539 @ 85.08p
Value: £21,729
NR
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, 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]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, 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]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, the home shopping and education materials supplier, says restructuring costs and goodwill write-downs led to much heavier losses.
[12 Jun '12]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]A round-up of the biggest director deals today so far.
[6 Dec '11]