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Boohoo Chairman increases stake after results beat expectations

Tue, 17th Jun 2014 16:05

Peter Williams, the Non-Executive Chairman of boohoo.com, has upped his stake in the AIM-listed fashion retailer to 2.2m shares. The Chairman added 100,000 shares at 50.68p each in a transaction worth £50,680. The deal was made just a few days after the recently floated company delivered record annual revenues and profits ahead of expectations, although currency movements hit rest-of-world sales in the first quarter of the new financial year.Boohoo, which targets the 14-35 age bracket, posted a 63% rise in revenue in the year to February 28th of £109.8m, with a 60% increase in the UK, 78% in the rest of Europe and 65% in the rest of the world.Profit more than tripled to £10.7m and pro-forma pre-tax earnings before interest, depreciation and amortisation was £16m, which the group said was ahead of expectations.Top Director BuysRM2 International S.A. (DI) (RM2) Director name: Mr R. Ian MolsonAmount purchased: 500,000 @ 50.81p Value: £254,050RM2 International S.A. (DI) (RM2) Director name: Mr Paul S WalshAmount purchased: 100,000 @ 54.00p Value: £54,000Boohoo.com (BOO) Director name: Mr Peter Wodehouse WilliamsAmount purchased: 100,000 @ 50.68p Value: £50,680Volex (VLX) Director name: Mr Daren MorrisAmount purchased: 50,000 @ 80.60p Value: £40,300Belvoir Lettings (BLV) Director name: Mr Andrew BorkowskiAmount purchased: 15,615 @ 127.75p Value: £19,948Azonto Petroleum Ltd (DI) (AZO) Director name: Mr Gregory Alexis StoupnitzkyAmount purchased: 1,000,000 @ 1.06p Value: £10,600Sirius Real Estate Ltd. (SRE) Director name: Mr James PeggieAmount purchased: 50,000 @ € 0.43 Value: € 21,740BG Group (BG.) Director name: Mr Patrick W. ThomasAmount purchased: 965 @ 1,260.00p Value: £12,159Top Director SellsExperian (EXPN) Director name: Mr Chris CalleroAmount sold: 548,636 @ 1,008.01p Value: £5,530,306Experian (EXPN) Director name: Mr Don RobertAmount sold: 487,840 @ 1,008.01p Value: £4,917,476Bankers Petroleum Ltd.(CDI) (BNK) Director name: Mr Abdel (Abby) F BadwiAmount sold: 400,000 @ 389.26p Value: £1,557,040Bankers Petroleum Ltd.(CDI) (BNK) Director name: Mr Robert M D CrossAmount sold: 231,466 @ 389.26p Value: £901,005Bankers Petroleum Ltd.(CDI) (BNK) Director name: Mr Phil KnollAmount sold: 100,000 @ 389.26p Value: £389,260Bankers Petroleum Ltd.(CDI) (BNK) Director name: Mr David FrenchAmount sold: 86,500 @ 388.28p Value: £335,862Bankers Petroleum Ltd.(CDI) (BNK) Director name: Mr John Brian ZaozirnyAmount sold: 30,000 @ 389.26p Value: £116,778Bankers Petroleum Ltd.(CDI) (BNK) Director name: Mr Wesley ClarkAmount sold: 10,000 @ 388.72p Value: £38,872NR
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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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