15 Nov 2013 10:11
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Don't have an account? Click here to register.Greggs directors swap half of their bonuses for shares
Wed, 14th Apr 2010 16:58
The chief executive and retail director of bakery and sandwich chain Greggs have foregone half of their bonuses in return for shares that will be held in trust for three years. Chief executive Kennedy McMeikan has invested £33,696 in 6,821 shares at 494p each. This takes McMeikan's shareholding in Greggs to 64,681 shares. Retail director Raymond Reynolds has purchased £10,769 worth of shares at 494p each. His stake in Greggs is 52,010 shares. McMeikan became chief executive of Greggs in August 2008, having previously been retail director of Sainsbury and an operational manager at Tesco.Reynolds has been with Greggs since 1986 and he joined the board at the end of 2006. In March, Greggs reported better than expected profits of £48.8m for the 53 weeks ended 2 January 2010. That was around £2m better than expected but it was still lower than the £49.47m profit made the year before. Sales increased to £658m from £628m last time, including a 1.5% contribution from the 53rd week. Expectations were for an advance to £656m. Like-for-like sales increased by 0.8%. In the ten weeks to 13 March total sales have increased by 2.8% and like-for-like sales are 0.8% higher.Top Director BuysGreen Compliance (GCO) Director name: Mr John ProwseAmount purchased: 75,000 @ 209.50p Value: £157,125Kirkland Lake Gold (KGI) Director name: Mr George A MiltonAmount purchased: 7,500 @ 522.98p Value: £39,224Greggs (GRG) Director name: Mr Kennedy McMeikanAmount purchased: 6,821 @ 494.00p Value: £33,696TT Electronics (TTG) Director name: Mr Tim Roberts Amount purchased: 20,277 @ 98.00p Value: £19,871Antrim Energy Inc. (AEY) Director name: Mr Stephen GreerAmount purchased: 20,000 @ 65.02p Value: £13,004Greggs (GRG) Director name: Mr Raymond ReynoldsAmount purchased: 2,180 @ 494.00p Value: £10,769Top Director SellsDairy Farm International (Singapore) (DFI) Director name: Mr Howard Leonard MowlemAmount sold: 32,400 @ $10.86 Value: $351,721
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STOCKS NEWS EUROPE-UK small caps fall 0.1 percent mid-session
The FTSE AIM index falls 0.1 percent, outperforming a 0.4-percent drop from the midcaps, while lagging the FTSE Small Cap index which trades flat. AIM-listed exploration and production firm Antrim Energy jumps 46 percent in brisk trade after the UK Department of Energy and Climate Change a
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Antrim Energy fails to impress despite reduction in Q1 losses
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Antrim Energy's farm out deal with Kosmos Energy approved
Antrim Energy's farm out deal with Kosmos Energy has been given the green light by the Irish government. The two will now apply to the Minister of State at the Department of Communications, Energy and Natural Resources for the licensing option 11/5 to be converted into a 15-year frontier explorati
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Antrim Energy pulls withdraws from Fionn Field subarea
AIM-listed exploration and production company Antrim Energy has elected to opt out of the Fionn Field development in the North Sea, according to an operational update issued by the company on Friday. The company, which has interets offshore in the UK North Sea, Ireland and Tanzania, stated that the
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Friday broker round-up UPDATE
Afren: HSBC shifts target price from 190p to 200p, while reiterating an overweight rating. Antofagasta: Exane BNP reduces target price from 1500p to 1350p maintaining an outperform rating. Antrim Energy: Westhouse Securities lowers target price from 70p to 65p and reiterates a buy recommendation.
Read more16 Jan 2013 17:36
CORRECTED-UPDATE 2-Antrim's oilfields shut after leak in UK Brent pipeline system
(Corrects paragraph 8 to say oil prices hit a high of $110.84, not $111) * Production halted at Causeway, Cormorant East fields * Analyst estimates production could be halted by a week * Antrim shares fall as much as 4 percent By Krithika Krishnamurthy Jan 16 (Reuter
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UPDATE 1-Antrim's 2 fields shut after leak in UK Brent pipeline system
* Production halted at Causeway, Cormorant East fields * Analyst says impact on Antrim could be minor * Antrim shares fall as much as 4 percent By Krithika Krishnamurthy Jan 16 (Reuters) - Antrim Energy Inc said two of its oil fields in the North Sea went off production following a leak in an oil p
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Antrim Energy: potential hydrocarbon leak on Cormorant Alpha platform
Antrim Energy has announced that the export infrastructure system used by the Causeway Field and Cormorant East Field in the UK Northern North Sea is currently unavailable due to a potential hydrocarbon leak on the Cormorant Alpha platform. All production and associated pipeline infrastructure ass
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