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Spirent Comms Chairman adds £30,358-worth of shares to stake

Thu, 29th May 2014 15:54

The Non-Executive Chairman of Spirent Communications has purchased £30,358-worth of shares in the FTSE 250-listed technology group. Alexander Walker acquired 30,000 shares at 101.19p each. He now holds a total of 213,014 shares. The deal comes around a month after the company delivered an impressive set of first quarter results which revealed both revenue and profit were ahead of expectations, although Investec said that figures are "not as good as they appear on the surface".Revenues rose 16% year-on-year to $112m in the three months to March 31st, while earnings before interest, tax and amortisation (EBITA) gained 9% to $11.4m. This was ahead of Investec's $110m and $9.5m forecasts, respectively.The broker kept its 'hold' rating and 105p target price for the communications technology group.Top Director BuysEveryman Media Group (EMAN) Director name: Mr Paul WiseAmount purchased: 50,000 @ 92.00p Value: £46,000Spirent Communications (SPT) Director name: Mr Alexander WalkerAmount purchased: 30,000 @ 101.19p Value: £30,357Top Director SellsCarnival (CCL) Director name: Mr Micky ArisonAmount sold: 36,219 @ 2,382.67p Value: £862,979Croda International (CRDA) Director name: Mr Sean ChristieAmount sold: 7,885 @ 2,485.10p Value: £195,950Croda International (CRDA) Director name: Mr Steve FootsAmount sold: 5,823 @ 2,485.10p Value: £144,707Mirada (MIRA) Director name: Mr Rafael Martin SanzAmount sold: 400,000 @ 16.00p Value: £64,000Croda International (CRDA) Director name: Mr Keith Layden Amount sold: 2,459 @ 2,485.10p Value: £61,109Aquarius Platinum Ld (AQP) Director name: Mr Jean NelAmount sold: 231,410 @ 24.98p Value: £57,806Aquarius Platinum Ld (AQP) Director name: Mr Jean NelAmount sold: 73,500 @ 24.82p Value: £18,243NR
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6 Oct 2015 14:21

Aquarius Platinum rockets on Sibanye Gold offer

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6 Oct 2015 12:57

UPDATE 2-Sibanye raises platinum gamble with Aquarius deal

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Sibanye Gold does not plan job cuts after offer to buy Aquarius Platinum

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