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BT directors build stakes, Trinity Mirror makes show of faith

Tue, 20th May 2014 15:52

Five BT board members last week each acquired 486 shares under its Equiniti share plan, it was announced Monday. Those purchasing shares included Chairman Sir Michael Rake and Chief Executive Officer Gavin Patterson.All of the shares were bought for 370.25p each. The announcement comes one day after it was revealed its intention to create 1,600 new engineering jobs as part of plans to roll out fibre broadband across the UK.BT's Openreach business said it expected a significant number of the new jobs to be filled by ex-servicemen and women.Openreach Chief Executive Joe Garner said he was looking to attract the best in the country to a career in engineering in an effort to improve customer service, install lines and fix problems more rapidly.Meanwhile, Simon Fox, the Chief Executive of Trinity Mirror, bought 12,659 shares in the newspaper-owner.He paid 158p a share, spending a total of £20,001 and taking his holding in the group to 87,861. The group, which owns the Sunday Mirror and Daily Mirror newspapers, last week said it had seen an improvement in advertising revenue in March and April, after it decline in the previous two months. Circulation revenues were down just 1%. Top Director BuysWood Group (John) (WG.) Director name: Mr Robin WatsonAmount purchased: 40,000 @ 739.00p Value: £295,600Amara Mining (AMA) Director name: Mr John McGloinAmount purchased: 587,841 @ 17.00p Value: £99,933Amara Mining (AMA) Director name: Mr Peter Gardner Amount purchased: 325,000 @ 16.98p Value: £55,185Kofax Limited (DI) (KFX) Director name: Mr Jamie UrryAmount purchased: 7,943 @ 396.02p Value: £31,456Keywords Studios (KWS) Director name: Mr Ross King GrahamAmount purchased: 30,490 @ 164.00p Value: £50,004Travis Perkins (TPK) Director name: Mr Robert M WalkerAmount purchased: 3,000 @ 1,628.64p Value: £48,859Travis Perkins (TPK) Director name: Mr Tony Buffin Amount purchased: 3,000 @ 1,611.00p Value: £48,330Amara Mining (AMA) Director name: Mr Peter Gardner Amount purchased: 261,820 @ 16.98p Value: £44,457Bahamas Petroleum Co (BPC) Director name: Mr Simon PotterAmount purchased: 1,000,000 @ 3.72p Value: £37,200Armadale Capital (ACP) Director name: Mr Justin LewisAmount purchased: 23,000,000 @ 0.100p Value: £23,000Top Director SellsUtilico Emerging Markets Ltd (DI) (UEM) Director name: Mr Garry MadeirosAmount sold: 100,000 @ 183.00p Value: £183,000Inchcape (INCH) Director name: Mr John McConnell Amount sold: 28,428 @ 637.51p Value: £181,231Wood Group (John) (WG.) Director name: Mr Robin WatsonAmount sold: 19,312 @ 739.00p Value: £142,716Ladbrokes (LAD) Director name: Mr Richard GlynnAmount sold: 62,656 @ 132.50p Value: £83,019NR
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