Firering Strategic Minerals: From explorer to producer. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCobham Share News (COB)

  • There is currently no data for COB

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

DIRECTOR DEALINGS SUMMARY: Cobham CEO Buys 7,500 Shares

Fri, 17th Jun 2016 16:07

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Friday.
----------
Cobham said Chief Executive Officer Robert Murphy bought 7,500 shares at a price of 7.5 pence per share on Thursday.

Murphy's total shareholding was undisclosed.

The defence and aerospace company on Friday said it has secured 100% take-up of its rights issue of shares after the underwriters managed to place the 3% shares not taken up by investors.

Cobham, which serves the aviation, maritime, defence and space sectors, raised the GBP506.7 million to shore up its finances after it issued a profit warning in April.

The stock closed up 3.4% at 143.50p Friday.
----------
Broadcaster ITV said Human Resources Director David Osborn bought 9,971 shares at a price of 196.36 pence per share Thursday. Following this transaction, Osborn now holds 34,905 shares in ITV. The stock closed up 2.8% at 204.00p Friday.
----------
Old Mutual said Non-Executive Director Nonkululeko Nyembezi-Heita bought 9,351 shares at a price of GBP1.744304 pence per share Friday. Following this transaction, Nyembezi-Heita now holds 23,190 shares in the Anglo-South African financial services group. The stock closed up 3.6% at 175.90p Friday.
----------
Empiric Student Property said Chief Executive Officer Paul Hadaway bought 47,000 shares at a price of 105.25 pence per share Friday. Following this transaction, Hadaway now holds 1.3 million shares, or a 0.27% stake in the student accommodation investor. The purchase comes in addition to the 43,515 shares Hadaway bought in the company on Thursday, at 105.00p per share. The stock closed up 1.2% at 105.25p Friday.
----------
IT services provider Computacenter said Chairman Greg Lock bought 26,000 shares at a price of 780.5 pence per share Friday, his second purchase this month. Following the purchase, Lock's beneficial holding is 504,600 shares, or a 0.41% stake in the group. It is the second share purchase made by Lock this month, after he snapped up shares in the group in early June. The stock closed up 1.1% at 783.03p Friday.
----------
Tex Holdings said Non-Executive Director Christopher Palmer-Tomkinson bought 152,000 shares at 104 pence each on Friday. Following the purchase, Palmer-Tomkinson holds 180,000 shares, representing 2.83% of the issued share capital. Shares in the company, which manufactures and supplies engineering products, plastics, boards and panels, were untraded on Friday, having last traded at 110.50p.
----------
Dunedin Enterprise Investment Trust said Brian Finlayson, a director, bought 10,000 shares at a price of 310.5 pence per share on Friday. Following this transaction, Finlayson now holds 119,809 shares, which represents 0.58% stake in the trust. The stock closed up 1.0% at 310.50p Friday.
----------
Liontrust Asset Management said Non-Executive Director George Yeandle bought 10,000 shares at a price of 284 pence per share on Thursday. Following this transaction, Yeandle now holds 20,000 shares, which represents 0.04% stake in the trust. The London-listed money manager established in 1995, on Thursday reported higher pretax profit, on growing revenue and assets under management, and raised its full-year dividend 50% in response. The stock closed up 2.1% at 290.00p Friday.
----------
EU Supply said Chief Executive Officer Thomas Beergrehn bought 1.4 million shares at a price of 4.25 pence per share on Thursday. Following the purchase, Beergrehn holds a total interest in 8.6 million shares, or a 12.7% stake in the business. Shares in the software firm closed up 18% at 5.00p Friday.
----------
Europa Oil & Gas (Holdings) said Chief Executive Officer Hugh Mackay bought 250,327 shares at a price of 3.99 pence each Friday. Following this purchase, Mackay is interested in 3,.1 million shares, representing 1.26% per cent of the issued share capital. The stock closed up 2.9% at 3.98p Friday.
----------
Hogg Robinson Group said Non-Executive Director Paul Williams bought 25,000 shares at a price of 67 pence per share on Friday. Following this transaction, Williams now holds 160,000 shares, which represents 0.05% stake in the corporate services provider. The stock closed up 4.6% at 68.50p Friday.
----------
Paysafe Group said Non-Executive Director Brahm Gelfand acquired 2,500 shares, via an investment vehicle, at a price of GBP3.697 per share on Friday. Following this transaction, Gelfand now has an interest in a total of 14,500 shares in the payments company. The stock closed up 0.8% at 374.66p Friday.
----------
Norman Broadbent said Chief Financial Officer James Webber bought 40,000 shares at a price of 12.72 pence per share Friday. The purchase is Webber's only holding in the recruiter. The stock closed up 11% at 12.72p Friday.
----------
Cambian Group said Non-Executive Director Michael Butterworth bought 45,000 shares at a price of 64.75 pence per share on Friday. The purchase is Butterworth's only holding in the health services company. The stock closed up 4.9% at 64.50p Friday.
----------
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.

More News
17 Aug 2016 08:28

UPDATE 2-Cobham CEO to be replaced by Laird boss by end of year

(Adds analyst comment, share price) LONDON, Aug 17 (Reuters) - Struggling British aerospace and defence company Cobham said on Wednesday that Chief Executive Bob Murphy would step down by the end of the year and be succeeded by David Lockwood, current boss of technology company Laird. Read more

17 Aug 2016 07:43

Cobham CEO to step down, to be replaced by Laird boss

(ShareCast News) - Aerospace and defence group Cobham said chief executive officer Bob Murphy will step down from his role by the end of 2016 to pursue other opportunities and will be succeeded by David Lockwood no later than 1 January 2017. Lockwood is currently CEO of FTSE 250 technology company L

Read more
17 Aug 2016 06:15

Cobham CEO to be replaced by Laird boss by end of year

LONDON, Aug 17 (Reuters) - British aerospace and defence company Cobham said on Wednesday its chief executive Bob Murphy will step down by the end of the year and be succeeded by David Lockwood, the current boss of technology company Laird . Cobham said Murphy was leaving "to pursue other o

Read more
17 Aug 2016 06:13

TOP NEWS: Cobham Replaces Chief Executive With Laird Boss

Read more
16 Aug 2016 11:38

Tuesday broker round-up

(ShareCast News) - Investec: UBS reiterates buy with a target price of 550p. Hastings: Berenberg maintains buy with a 234p target. Auto Trader: Goldman Sachs reiterates buy with a 445p target. Smiths Group: HSBC stays at hold with a 1300p target. Rightmove: Goldman Sachs keeps at neutral with a t

Read more
15 Aug 2016 10:25

Broker tips: Persimmon, Restaurant Group, Cobham

(ShareCast News) - UK housebuilding shares have fallen 25% since Britain voted to leave the European Union and the sector has priced in a 5% drop in house prices, J.P. Morgan Cazenove said on Monday "However, while we think it's prudent to assume that transaction numbers will fall during 2017 (altho

Read more
15 Aug 2016 09:10

Barclays downgrades Cobham to 'equalweight'

(ShareCast News) - Barclays downgraded Cobham to 'equalweight' from 'overweight' saying it expects several unquantifiable bumps along the way in the next six months and sees cleaner yet equally compelling value to be had elsewhere in its coverage. The bank said that while the logic behind rebalancin

Read more
15 Aug 2016 07:11

LONDON BRIEFING: William Hill Rejects Another Rank-888 Takeover Bid

Read more
10 Aug 2016 11:00

Broker tips: Cobham, Worldpay, Rolls-Royce

(ShareCast News) - Exane BNP Paribas downgraded Cobham to 'underperform' from 'neutral' and cut the price target to 140p from 143p, highlighting lingering doubts following the company's first-half results last week. The bank said sales and trading profit in H1 were broadly in line with consensus. "

Read more
10 Aug 2016 09:11

Exane downgrades Cobham after H1 results

(ShareCast News) - Exane BNP Paribas downgraded Cobham to 'underperform' from 'neutral' and cut the price target to 140p from 143p, highlighting lingering doubts following the company's first-half results last week. The bank said sales and trading profit in H1 were broadly in line with consensus. "

Read more
10 Aug 2016 08:35

BROKER RATINGS SUMMARY: Panmure Raises RSA Insurance To Buy From Hold

Read more
5 Aug 2016 08:31

BROKER RATINGS SUMMARY: S&P And Shore Upgrade Aviva After Strong Half

Read more
4 Aug 2016 09:57

UPDATE 1-Cobham seen facing battle to hit full-year targets

* H1 trading profit sinks 36 pct, as expected * Says on track to meet FY expectations * Counting on H2 to deliver 70 pct of annual trading profit * Shares fall as much as 9 pct (Adds CEO comments, analyst comments, share price) By Sarah Young LONDON, Aug 4 (Reuters

Read more
4 Aug 2016 08:36

Cobham slumps as it swings to first-half loss

(ShareCast News) - Shares in Cobham tumbled on Thursday after the FTSE 250 aerospace and defence group said it swung to a loss in the first half and cut its interim dividend. For the six months to the end of June, the company posted a pre-tax loss of £38m from a profit of £4m the year before as reve

Read more
4 Aug 2016 07:40

BUZZ-Cobham: H1 profit drop hurts stock

** Aerospace and defence company Cobham's shares down 7.6 pct, near the bottom of the Stoxx, after saying H1 trading profit fell ** Co says H1 trading profit fell 36 pct to 102 mln stg, reiterates FY outlook ** Worst day for shares since April, when co launched an emergency rights is

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.