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Wife of Beazley CEO sells 200,000 shares

Thu, 15th May 2014 15:57

The wife of David Horton, the Chief Executive Officer of Beazley, has sold 200,000 shares in the global specialist risk insurance and reinsurance business, thereby reducing his interest to 1.58m shares. Sophie Horton sold the shares at 244.50p a piece, giving the deal a trade value of £489,000. The transaction was made just a week after the group reported a slight decline in its first quarter gross written premium, but said it was able to achieve rate increases in specialty lines, its largest business, and maintain flat rate overall "in spite of increased competitive pressures".Meanwhile, Roberts Spass, a non-executive director at Lancashire Holdings, has paid 661.80p-a-share in a deal worth £566,077. In addition to the 85,536 shares, he also owns 410,000 founder warrants. Top Director BuysBritish Polythene Industries (BPI) Director name: Mr Ron MarshAmount purchased: 35,000 @ 669.15p Value: £234,202Standard Chartered (STAN) Director name: Mr Richard H MeddingsAmount purchased: 3,722 @ 1,194.90p Value: £44,474Bagir Group Ltd. (DI) (BAGR) Director name: Mr Samuel Vlodinger Amount purchased: 133,333 @ 22.50p Value: £30,000Xeros Technology Group (XSG) Director name: Mr Charles Stephen WinwardAmount purchased: 21,976 @ 91.01p Value: £20,000Sylvania Platinum Ltd (DI) (SLP) Director name: Mr Roger WilliamsAmount purchased: 194,000 @ 7.20p Value: £13,968Top Director SellsBunzl (BNZL) Director name: Mr Michael J RoneyAmount sold: 89,500 @ 1,689.50p Value: £1,512,102Lancashire Holdings Limited (LRE) Director name: Mr Robert Alan SpassAmount sold: 85,536 @ 661.80p Value: £566,077Savills (SVS) Director name: Mr Jeremy C HelsbyAmount sold: 81,216 @ 624.50p Value: £507,194Beazley (BEZ) Director name: Mr Andrew HortonAmount sold: 200,000 @ 244.50p Value: £489,000SABMiller (SAB) Director name: Mr Alan ClarkAmount sold: 9,823 @ 3,227.00p Value: £316,988Savills (SVS) Director name: Mr Simon J B ShawAmount sold: 32,102 @ 624.50p Value: £200,477NR
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31 Dec 2018 09:00

Bagir CFO set to leave, Shandong Ruyi investment completion pushed back

(Sharecast News) - AIM-listed Bagir confirmed on Monday that 2018 trading was in line with management expectations as it said the completion date for Shandong Ruyi's investment in the company has been pushed back.

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21 Sep 2018 09:22

Bagir Interim Loss Deepens As Awaits "Transformative" Chinese Investor

LONDON (Alliance News) - Tailoring firm Bagir Group Ltd said Friday its half-year loss widened sharply as revenue fell, but costs of sales remained stubbornly stable, as it continues to await of a

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3 Sep 2018 12:27

Bagir recommends shareholders approve Shandong Ruyi investment

(Sharecast News) - Tailoring company Bagir Group said on Monday that, further to its announcement on 23 November last year, it had agreed terms with Shandong Ruyi Technology Group for a proposed investment and strategic partnership, under which Shandong Ruyi will invest $16.5m into the company in return for 359,560,310 new ordinary shares, representing 53.7% of its enlarged share capital.

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28 Aug 2018 15:57

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday 29 AugustDaejan HoldingsLindsell Train Investment TrustVordereMontanaro 30

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6 Feb 2017 08:13

Bagir Group to buy remaining 50% stake in Ethiopian manufacturing site for £1.9m

(ShareCast News) - Fashion manufacturer Bagir Group is to buy the remaining 50% stake in Nazareth Garments, the joint venture owner of its manufacturing site in Ethiopia, for $1.9m in order to consolidate its presence in the country which it believes has strategic advantages due to its duty-free exp

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6 Feb 2017 07:45

Bagir Pays USD1.9 Million For Remaining 50% Of Ethiopia Factory Site

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19 Dec 2016 12:16

Bagir Group trousers £2m to expand clothes manufacturing plant

(ShareCast News) - Fashion manufacturer Bagir Group raised £1.97m in a discounted equity placing in order to expand its Ethiopian manufacturing operations. The capital raised will be used to develop an unused production hall in its Ethiopia factory which will enable it to produce up to 3,000 trou

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29 Nov 2016 10:05

Bagir Ships First International Order From Ethiopia To US For H&M

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4 Nov 2016 09:05

Bagir Group Repays Lenders To Become Free Of Bank Debt

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4 Nov 2016 08:11

Bagir Group clears $21m debt with lenders

(ShareCast News) - AIM-listed Bagir Group, which develops and manufactures high quality men and women's tailored fashions, cleared its debt with two lenders. The company repaid its $21m outstanding bank debt to its lenders, Bank Leumi and Discount Bank, and is now debt free. The lenders are current

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21 Oct 2016 10:40

Bagir says trading in line with market views

(ShareCast News) - Innovative tailoring company Bagir says it is trading in line with market expectations for this financial year. "We are making significant progress under our strategic plan to maintain this momentum across the business into 2017 and beyond," it said in a trading update. The compa

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15 Sep 2016 16:17

DIRECTOR DEALINGS SUMMARY: Bagir Leadership Take Part In Share Placing

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31 May 2016 15:04

UK Shareholder Meetings Calendar - Next 7 Days

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22 Mar 2016 10:09

Bagir Annual Loss Widens After Largest Customer Reduces Orders

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4 Jan 2016 11:58

LONDON MARKET MIDDAY: Wall Street Set To Join China-Led Sell-Off

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