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Belvoir Lettings Chairman sells shares to satisfy institutional demand

Fri, 05th Apr 2013 16:55

Belvoir Lettings, the UK lettings specialist which listed on the AIM market in February last year, announced on Friday that its Executive Chairman and founder had sold a quarter of a million shares in the group in order to help satisfy 'significant institutional demand'.The news comes just a week after the firm's full-year results which showed a 20.8% increase in revenue to £4.0m and an 12% rise in profit before tax and exceptionals.Belvoir said that Mike Goddard had offloaded 250,000 ordinary shares at 136p a share, reducing his holding to 8,953,922 shares.He has retained a 43.36% stake in Belvoir's issued share capital.Top Director BuysIthaca Energy Inc. (DI) (IAE) Director name: Mr Jack C. LeeAmount purchased: 65,000 @ 111.48p Value: £72,462Ithaca Energy Inc. (DI) (IAE) Director name: Mr Jay M ZammitAmount purchased: 50,000 @ 111.48p Value: £55,740Immunodiagnostic Systems Holdings (IDH) Director name: Dr Patrik Olof DahlenAmount purchased: 20,000 @ 288.00p Value: £57,600Share (SHRE) Director name: Mr Gavin David Redvers OldhamAmount purchased: 231,910 @ 23.50p Value: £54,499Severfield-Rowen (SFR) Director name: Mr John DoddsAmount purchased: 118,000 @ 41.50p Value: £48,970GVC Holdings (GVC) Director name: Mr Lee FeldmanAmount purchased: 15,000 @ 289.00p Value: £43,350Ithaca Energy Inc. (DI) (IAE) Director name: Mr Bradley HurtubiseAmount purchased: 25,000 @ 112.13p Value: £28,032Severfield-Rowen (SFR) Director name: Mr J Keith ElliottAmount purchased: 183,088 @ 23.00p Value: £42,110Severfield-Rowen (SFR) Director name: Mr Peter A EmersonAmount purchased: 159,362 @ 23.00p Value: £36,653Graphite Enterprise Trust (GPE) Director name: Ms Sandra PajarolaAmount purchased: 6,000 @ 502.50p Value: £30,150Top Director SellsPrudential (PRU) Director name: Mr Tidjane ThiamAmount sold: 296,365 @ 1,061.51p Value: £3,145,944Prudential (PRU) Director name: Mr Barry StoweAmount sold: 140,152 @ 1,075.47p Value: £1,507,293Prudential (PRU) Director name: Mr Nicolaos NicandrouAmount sold: 120,740 @ 1,061.51p Value: £1,281,667Prudential (PRU) Director name: Mr Robert DeveyAmount sold: 120,738 @ 1,061.51p Value: £1,281,646Belvoir Lettings (BLV) Director name: Mr Mike GoddardAmount sold: 250,000 @ 136.00p Value: £340,000Prudential (PRU) Director name: Mr Barry StoweAmount sold: 10,119 @ 1,061.07p Value: £107,370Prudential (PRU) Director name: Mr Michael McLintockAmount sold: 4,103 @ 1,061.51p Value: £43,554Prudential (PRU) Director name: Mr Tidjane ThiamAmount sold: 3,467 @ 1,061.51p Value: £36,803Animalcare Group (ANCR) Director name: Mr Stephen WildridgeAmount sold: 23,000 @ 130.00p Value: £29,900Prudential (PRU) Director name: Mr Robert DeveyAmount sold: 1,575 @ 1,061.51p Value: £16,719BC
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7 Mar 2024 16:47

EARNINGS AND TRADING: Belvoir, Property Franchise merger now effective

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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6 Mar 2024 20:43

IN BRIEF: Belvoir and Property Franchise to merge after court approval

Belvoir Group PLC - Grantham, England-based property franchise and financial services company - High Court of Justice approves merger with Property Franchise Group PLC, a Bournemouth, England-based lettings and estate agency franchising firm. The proposed merger will create a GBP214 million company managing 152,000 properties across the UK. The takeover is expected to become effective on Thursday.

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15 Feb 2024 14:33

IN BRIEF: Belvoir shareholders approve merger with Property Franchise

Belvoir Group PLC - Grantham, England-based property franchise and financial services company - Shareholders approve all-share merger with Property Franchise Group PLC, a Bournemouth, England-based lettings and estate agency franchising firm, with about 98% voting in favour. The proposed merger would create a GBP214 million company managing 152,000 properties across the UK. Last week Friday, virtually all Property Franchise shareholders at the company's general meeting also voted in favour of the merger. Belvoir expects the merger to complete on March 7.

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9 Feb 2024 20:24

TRADING UPDATES: ValiRx receives shareholder request for board change

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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11 Jan 2024 09:00

TOP NEWS: LondonMetric Property and LXi REIT plan all-share merger

(Alliance News) - LondonMetric Property PLC and LXi REIT PLC on Thursday said they have agreed to an all-share merger that will create the UK's fourth largest real estate investment trust.

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10 Jan 2024 12:00

LONDON MARKET MIDDAY: FTSE 100 falls as investors await rates clarity

(Alliance News) - Blue-chip European shares were lower early Wednesday afternoon, with the mood in equity markets uncertain ahead of Thursday's key US inflation report.

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10 Jan 2024 09:22

TOP NEWS: Property Franchise Group and Belvoir agree all-share merger

(Alliance News) - Belvoir Group PLC and Property Franchise Group PLC on Wednesday said they have agreed an all-share merger that will create a GBP214 million company managing 152,000 properties across the UK.

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10 Jan 2024 07:40

LONDON BRIEFING: Sainsbury's grocery sales drive festive growth

(Alliance News) - Stocks are expected to retreat at Wednesday's market open in London, with investors hesitant to take risks ahead of key market catalysts later this week.

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10 Jan 2024 07:21

Belvoir agrees all-share merger with Property Franchise Group

(Sharecast News) - Belvoir Group and the Property Franchise Group announced a recommended all-share merger on Wednesday, to create a combined property franchise business.

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5 Nov 2023 21:40

Sunday share tips: Belvoir Group, YouGov

(Sharecast News) - Midas told readers on Sunday to hold onto their shares of property rental outfit Belvoir Group.

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4 Sep 2023 10:58

Belvoir posts improved interim results; set to meet expectations

(Alliance News) - Belvoir Group PLC on Monday said its half-year results were "comfortably" in line with its expectations as it posted a higher profit and revenue.

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29 Aug 2023 14:12

Belvoir buys two financial services firms

(Sharecast News) - Property and financial service franchise Belvoir Group announced the acquisition of two financial services businesses on Tuesday - MAB South West and BMA Bristol - as part of its ongoing growth strategy.

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29 Aug 2023 12:09

Belvoir buys financial services business MAB for GBP1 million

(Alliance News) - Belvoir Group PLC on Tuesday said it has acquired MAB (South West) Ltd, a financial services business for GBP1.0 million in cash.

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3 Aug 2023 15:51

Belvoir expects positive first half results in all revenue streams

(Alliance News) - Belvoir Group PLC on Thursday said it expects positive first half results across the board.

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18 May 2023 14:31

IN BRIEF: Belvoir says trading to date in line with expectations

Belvoir Group PLC - Lincolnshire, England-based property franchise and financial services - For 2023, says trading to date has been in line with expectations. Notes resilient performance, with management services fees up 5% from the property franchise division year-on-year. Says gross profit from the financial services division is up 8% year-on-year.

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