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Tesco Chairman keeps the faith after recent poor update

Fri, 17th Jan 2014 16:54

Tesco Non-Executive Chairman Sir Richard Broadbent added 10,000 shares to his stake, the supermarket chain announced Friday. Broadbent, who joined the board in July 2011, bought the shares at 331.22p a piece for a total spend of £33,122. The purchase was made less than a week after the company posted a 2.4% decline in its like-for-like sales during the festive period for in what has proved to be a challenging time for all the large UK grocers. The group had been expected to report falling LFL sales of between 1% and 2%.Group sales in the six weeks to January 4th declined by 1.2% including petrol or 0.6% excluding petrol.Looking forward, the company said that it still expected to report full-year (FY) profits within the range of current market expectations, which it sees as being in between £3.16bn to £3.42bn.Top Director BuysAquarius Platinum Ltd. (AQP) Director name: Mr Jean NelAmount purchased: 177,000 @ 37.91p Value: £67,101Volex (VLX) Director name: Mr Daren MorrisAmount purchased: 30,000 @ 112.00p Value: £33,600Tesco (TSCO) Director name: Sir Richard BroadbentAmount purchased: 10,000 @ 331.22p Value: £33,122Telford Homes (TEF) Director name: Mr David Campbell Amount purchased: 6,656 @ 373.00p Value: £24,827Futura Medical (FUM) Director name: Mr John M ClarkeAmount purchased: 33,132 @ 58.15p Value: £19,266Top Director SellsIthaca Energy Inc. (DI) (IAE) Director name: Mr John P SummersAmount sold: 215,000 @ 145.00p Value: £311,750Big Yellow Group (BYG) Director name: Mr Nicholas VetchAmount sold: 50,000 @ 500.00p Value: £250,000Big Yellow Group (BYG) Director name: Mr James GibsonAmount sold: 45,910 @ 500.00p Value: £229,550Ithaca Energy Inc. (DI) (IAE) Director name: Mr Bradley HurtubiseAmount sold: 115,000 @ 145.00p Value: £166,750Regenersis (RGS) Director name: Mr Jog Dhody Amount sold: 50,296 @ 300.00p Value: £150,888Ithaca Energy Inc. (DI) (IAE) Director name: Mr Jay M ZammitAmount sold: 100,001 @ 145.00p Value: £145,001Ithaca Energy Inc. (DI) (IAE) Director name: Mr Franklin (Frank) M WormsbeckerAmount sold: 100,000 @ 145.00p Value: £145,000Barr (A.G.) (BAG) Director name: Mr Alex B C ShortAmount sold: 5,400 @ 583.00p Value: £31,482Bango (BGO) Director name: Mr Anil MalhotraAmount sold: 5,855 @ 188.00p Value: £11,007NR
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1 Apr 2016 10:28

Director dealings: Bell buys first stake at Greatland Gold

(ShareCast News) - Greatland Gold's non-executive chairman Andrew Bell bought a 2.39% stake in the Tasmanian exploration tiddler days after the company stated its much improved confidence new strategy. Bell snapped up 23.7m Greatland shares at a bargain basement price of 0.132p per share. While thi

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24 Mar 2016 11:24

Aquarius Platinum Takeover By Sibanye Gold To Complete In Early April

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17 Mar 2016 10:23

Aquarius Platinum Gets South African Approval For Sibanye Gold Deal

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11 Feb 2016 09:37

BROKER RATINGS SUMMARY: Panmure Gordon Raises DCC To Buy After Update

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9 Feb 2016 11:32

Aquarius Platinum Operations Unprofitable In First Half As Loss Widens

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28 Jan 2016 11:41

Aquarius Platinum Continues To Grapple With Costs And Prices

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11 Jan 2016 16:18

AGM, EGM Calendar - Week Ahead

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5 Jan 2016 08:24

Aquarius Platinum Reports Fatal Accident At Mimosa Mine In Zimbabwe

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30 Nov 2015 10:19

Aquarius Platinum Says "Significant Progress" Made On Sibanye Deal

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27 Oct 2015 09:11

Aquarius Platinum Swings To Loss As Operations Become Unprofitable

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15 Oct 2015 10:21

Zimbabwe threatens to re-impose platinum tax if miners don't process locally

HARARE, Oct 15 (Reuters) - Zimbabwe could re-impose a 15 percent tax on raw platinum ore exports if mining companies do not deliver on pledges to build smelters and refineries to help boost the local economy, the finance minister said on Thursday. The export tax was introduced in January bu

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6 Oct 2015 14:21

Aquarius Platinum rockets on Sibanye Gold offer

(ShareCast News) - Shares in Aquarius Platinum rocketed as investors welcomed news that Sibanye Gold has agreed to buy the company for $294m. Under the terms of the deal, Aquarius shareholders will receive $0.195, or ZAR2.66 per share for Aquarius share held. This represents a premium of 60.3% to Aq

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6 Oct 2015 12:57

UPDATE 2-Sibanye raises platinum gamble with Aquarius deal

* Sibanye offers 2.66 rand per share * Bid at 56 pct premium to Aquarius Monday's closing price * Shares in Aquarius surge more than 40 pct (Adds analyst, CEO comment) By Ed Stoddard JOHANNESBURG, Oct 6 (Reuters) - South Africa's Sibanye Gold has offered $294 million to

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6 Oct 2015 10:12

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

Oct 6 (Reuters) - South Africa's Sibanye Gold has no plans to cut jobs and will keep its dividend policy unchanged after its offer to acquire Aquarius Platinum for $294 million, its chief executive said on Tuesday. Sibanye Chief Executive Neal Froneman told a presentation in Johannesburg t

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6 Oct 2015 09:32

WINNERS & LOSERS SUMMARY: Greggs The Baker Rises On Strong Sales

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