focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksElektron Technology Share News (EKT)

  • There is currently no data for EKT

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Mitchells & Butlers Chief buys 45,800 shares

Wed, 28th Nov 2012 16:45

Alistair Darby, the Chief Executive Officer of Mitchells & Butlers, the UK's largest operator of managed restaurants and pub, has boosted his holding in the group with the purchase of 45,800 shares.Darby, who only took up his current role in October, purchased the shares in two tranches; 44,716 on behalf of his wife Kellie, and the remaining 1,084 for himself. All the shares were bought for 318.45p each. The transaction was made on Tuesday, the same day the group delivered worse-than-expected full-year results and admitted it had made a slow start to the new financial year, partly because of unseasonably warm weather in the same period in 2011. It also warned that further inflationary and regulatory cost pressures would impact the business in the new financial year, and said it was experiencing ongoing alcohol duty increases, further food price inflation and other cost increases, coupled with continued tightness in consumer incomes.Panmure Gordon reiterated its 'sell' rating for the group, saying the outlook in its view was "disappointing" after like-for-like sales fell 0.1% in the first eight weeks of the new financial year. In a statement made on Tuesday, Darby said: "M&B is well positioned to take maximum advantage of our evolving industry and we have the right strategy in place. I look forward to continuing the business transformation to deliver long term earnings growth and shareholder returns." Top Director BuysElektron Technology (EKT) Director name: Mr Keith Anthony DaleyAmount purchased: 1,286,700 @ 16.05p Value: £206,515Mitchells & Butlers (MAB) Director name: Mr Alistair W DarbyAmount purchased: 45,800 @ 318.45p Value: £145,850Thomas Cook Group (TCG) Director name: Ms Harriet GreenAmount purchased: 500,000 @ 23.00p Value: £115,000Grainger (GRI) Director name: Mr Simon Davies Amount purchased: 100,000 @ 112.77p Value: £112,770Energy XXI (Bermuda) (Di) (EXXI) Director name: Mr John Daniel Schiller JrAmount purchased: 2,000 @ $30.95 Value: $61,900Silence Therapeutics (SLN) Director name: Mr Ali MortazaviAmount purchased: 2,400,000 @ 2.50p Value: £60,000F&C Asset Management (FCAM) Director name: Mr Edward BramsonAmount purchased: 54,142 @ 98.89p Value: £53,541BP (BP.) Director name: Prof Dame Ann Dowling Amount purchased: 11,630 @ 429.90p Value: £49,997Silence Therapeutics (SLN) Director name: Mr Jerry RandallAmount purchased: 1,600,000 @ 2.50p Value: £40,000Autoclenz Holdings (ACZ) Director name: Mr James Anthony LeekAmount purchased: 121,000 @ 30.50p Value: £36,905Top Director SellsXstrata (XTA) Director name: Mr Michael DavisAmount sold: 661,590 @ 1,011.73p Value: £6,693,505
More News
6 Apr 2010 14:32

Sector movers: Elektron power electronics gains

Elektron is among the stocks boosting the electronic and electrical equipment sector. The components group today announced Keith Daley has been appointed executive chairman. Daley has been non-executive chairman and temporary chief executive officer since the resignation of the previous CEO in 200

Read more
6 Apr 2010 09:08

Elektron names Daley chairman

Components group Elektron today announced Keith Daley has been appointed executive chairman. Daley has been non-executive chairman and temporary chief executive officer since the resignation of the previous CEO in 2008. Commenting on the appointment Daley said, "We have an excellent team, innovat

Read more
12 Jan 2010 14:57

Elektron to beat expectations, possible disposal

Elektron said it expects to perform 'significantly' better than the current market forecast for the financial year ending 31 January, excluding the exceptional charges arising from its restructuring. The number of divisions in the components group has been reduced from three to two. Electron said

Read more
8 Oct 2009 08:34

Elektron posts H1 loss

Components group Elektron reported an interim loss compared with a profit the previous year but said it is confident of meeting market expectations for the full year. The group posted a loss before taxation from continuing operations of £388,000 for the six months to 31 July following exceptional c

Read more
19 Aug 2009 08:24

Elektron sees continued improvements

Components group Elektron said it is no longer seeing dramatic declines and continuing to see improvements in some areas of its business. The firm, which makes switches, battery holders and other electrical products, said margins at its largest division, Elektron Components, which accounts for 60%

Read more
11 Jun 2009 16:33

London close: Banks boost Footsie late

London rallied strongly late on, helped by gains for banks, which outweighed profit taking among the big mining stocks and weakness among oil users as the price of crude rose again. Speculation is growing about the timing of the government's withdrawal from ownership of large stakes in Royal Bank

Read more
11 Jun 2009 14:47

London afternoon: Banks in demand

London is having a languid day, with Footsie lacking direction. Banks are strong but their gains are counterbalanced by losses on mining stocks. Banks are in focus as speculation grows about the timing of the government's withdrawal from ownership of large stakes in Royal Bank of Scotland (RBS), L

Read more
11 Jun 2009 11:54

London midday: Leading shares remain mixed

Leading shares continue to tread water, with little sign of strong influence from Wall Street, which is expected to open moderately firmer. Home Retail Group is slightly off the pace after this morning's trading statement. The retailer said both Argos and Homebase enjoyed better than expected sales

Read more
11 Jun 2009 08:20

London open: Shares drop slightly

London's blue chips are slightly lower in early dealings with commodity stocks among the main fallers following yesterday's stellar gains. Mining giants Lonmin, Rio Tinto, Eurasian Natural Resources and Xstrata are all down. Home Retail Group said both Argos and Homebase enjoyed better than expect

Read more
11 Jun 2009 07:43

Elektron swings to pre-tax loss

Engineered products developer and manufacturer Elektron swung to a full-year pre-tax loss and said it will continue to face challenging times in the current financial year. Pre-tax losses came to £2.27m in the year ended 31 January compared with a profit of £1.95 last time. However, the group trad

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.