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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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29 Nov 2013 14:16

Belvoir Lettings announces UK portfolio acquisition

Shares in Belvoir Lettings climbed after the company announced the acquisition of a "significant" lettings portfolio in the Cheshire and Merseyside regions of the UK. The deal is a joint acquisition by the group's franchises Belvoir Warrington and St Helens and is expected to be earnings enhancing

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29 Nov 2013 09:22

Belvoir Lettings Acquires Lettings Portfolio In Cheshire And Merseyside

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22 Nov 2013 08:48

Belvoir Lettings Raises GBP5.35 Million In Placing For Expansion

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6 Sep 2013 15:59

DIRECTORS DEALINGS - Belvoir Lettings Executives Sell Shares

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5 Sep 2013 10:47

Belvoir launches new pilot scheme

Belvoir Letting has launched a new estate agency sales pilot trialling residential property sales for one year. The trial initially includes ten offices from a cross-section of Belvoir outlets across England, Scotland, Wales and Northern Ireland and will run an estate agency offering alongside the

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5 Sep 2013 10:25

Belvoir Lettings Profits Up; Launches New Property Sales Pilot

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20 May 2013 12:04

Belvoir Lettings acquires four lettings agencies

Belvoir Lettings has acquired four lettings agencies based in England's Basingstoke and Andover. The UK letting company purchased Claygold, which trades as Redwoods from one branch in Andover and three in Basingstoke. Redwoods letting business will be sold on to the two existing Belvoir franchise

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19 Apr 2013 08:47

Friday broker round-up UPDATE

African Barrick Gold: JP Morgan cuts target price from 290p to 200p, while leaving its underweight rating rating unchanged. Fox Davies reduces target price from 353p to 315p and maintains a hold rating. Westhouse Securities lowers target price from 195p to 180p retaining a neutral rating. Belvoir L

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5 Apr 2013 16:55

Belvoir Lettings Chairman sells shares to satisfy institutional demand

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

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6 Mar 2013 07:03

Wednesday broker round-up UPDATE

Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter

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