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SThree Asian Pacific director sells 74,176 shares

Wed, 23rd Oct 2013 16:29

- Asia Pacific director sells 74,176 shares - Awarded as consideration for purchase of minority interests The Managing Director of SThree's Asia Pacific arm, Justin Hughes, this week sold off £264,808-worth of shares in the staffing business, which specialises in the IT sector. Hughes disposed of all 74,176 awarded shares at 357p each. SThree operates a scheme under which employees can obtain an equity stake in the business they are responsible for, which is then purchased back by the company after a specified time frame. At the beginning of last month the group reported a drop in third quarter profits but the figures also showed its expansion into new sector disciplines has been paying off.Third quarter profits were down 2% year-on-year, but they were up 5% compared with the second quarter and there was a particularly strong performance from the energy, pharma and biotech sectors.The contract side of the business had a strong quarter with profits up 7% year-on-year but permanent profits were down 11%.Top Director BuysTungsten Corporation (TUNG) Director name: Mr Michael Alan SpencerAmount purchased: 200,000 @ 231.00p Value: £462,000Landore Resources Ltd. (LND) Director name: Mr William HumphriesAmount purchased: 4,250,000 @ 2.00p Value: £85,000Atlantic Coal (ATC) Director name: Mr Stephen BestAmount purchased: 7,300,000 @ 0.27p Value: £19,710Bluecrest Bluetrend Ltd Red GBP (BBTS) Director name: Mr Huw SalterAmount purchased: 20,000 @ 87.25p Value: £17,450Magnolia Petroleum (MAGP) Director name: Mr Ronald Sanford HarwoodAmount purchased: 500,000 @ 2.70p Value: £13,500Magnolia Petroleum (MAGP) Director name: Mr Gavin John BurnellAmount purchased: 450,000 @ 2.71p Value: £12,195Top Director SellsECO Animal Health Group (EAH) Director name: Mr Marc Denham LoomesAmount sold: 233,370 @ 190.00p Value: £443,403ECO Animal Health Group (EAH) Director name: Mr Brett ClemoAmount sold: 175,000 @ 190.00p Value: £332,500ECO Animal Health Group (EAH) Director name: Mr Kevin StockdaleAmount sold: 145,000 @ 190.00p Value: £275,500ECO Animal Health Group (EAH) Director name: Ms Julia TrouseAmount sold: 145,000 @ 190.00p Value: £275,500SThree (STHR) Director name: Mr Justin HughesAmount sold: 74,176 @ 357.00p Value: £264,808Dairy Farm International Holdings Ltd. (Singapore) (DFI) Director name: Mr Michael KokAmount sold: 19,800 @ $11.30 Value: $223,722Randall & Quilter Investment Holdings (DI) (RQIH) Director name: Mr Paul McNamaraAmount sold: 49,106 @ 168.00p Value: £82,498Central Asia Metals (CAML) Director name: Mr Howard Nicholson Amount sold: 41,827 @ 157.01p Value: £65,673NR
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16 Jul 2014 09:34

DIRECTOR DEALINGS: Atlantic Coal MD Transfers 74 Million Shares

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7 Jul 2014 08:31

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5 Jun 2014 16:06

Atlantic Coal Loss Narrows, But Cash Pile Also Dwindles

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29 Apr 2014 13:15

UK MIDDAY BRIEFING: BP Profit Down, But Payout Up Again

LONDON (Alliance News) - BP Tuesday said its pretax profit fell 73% in the first quarter, due to lower revenues and after last year's result was buoyed by the sale of its stake in TNK-BP, but it raised its quarterly dividend for the second time in six months and said further s

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UK WINNERS & LOSERS: Experian Up And Intertek Down As CFO Switches

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Shire, up 3.6%. The pharmaceutical company is the leading riser in the blue-c

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29 Apr 2014 09:40

Atlantic Coal Production Rates Hit By Pennsylvania's Cold Weather

LONDON (Alliance News) - Atlantic Coal PLC Tuesday said its production rates and coal sales volumes fell in its first quarter due to weather constraints in North America during the period. The coal miner said its clean coal production fell 14% to 35,757 tonnes in the three months ended Marc

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28 Feb 2014 10:06

Atlantic Coal Hopes To Boost Mine Output With Machinery Order

LONDON (Alliance News) - Coal miner Atlantic Coal PLC Friday said it has ordered new heavy trucks and bulldozers, purchases it hopes will further increase output at its Stockton Colliery in Pennsylvania. In a statement, the company said it has ordered six Komatsu Model HD785-7 100 ton haul

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Atlantic Coal Says Production Grew By 45% In Fourth Quarter

LONDON (Alliance News) - Atlantic Coal PLC Monday said it has achieved higher sales volumes for the full year, following a 45% production increase in its fourth quarter. The AIM-listed anthracite coal mining company, with operations in Pennsylvania, said its production for the three months

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Atlantic Coal directors stock up

Peter Chinneck, a Non-Executive Director of Atlantic Coal, has acquired five million shares in the coal production and processing company. Chinneck spend 0.24p a piece, giving a total trade value of £12,000. He now holds a total of 218m shares, equal to a stake of around 4.68%. Meanwhile, the wi

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Iofina Chairman shows confidence after profit warning

Proving his confidence in the business on the day it published a profit warning, Iofina Chairman Chris Fay splashed the cash in two separate share purchases. Fay first bought £50,000 worth at 101p in the morning after the shares plummeted from Monday's 132.25p closing price. Later in the day he f

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14 Nov 2013 13:15

Atlantic Coal jumps on China offtake joint venture

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UK WINNERS & LOSERS: Ophir Energy Leads Gainers On Sale; Serco Woes Continue

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Atlantic Coal Lifted By Coal Sale Agreement Into China

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