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Two AGA execs top up stakes as firm gives confident outlook

Wed, 21st Aug 2013 16:21

Two board-members of upmarket cooker maker AGA Rangemaster topped up their stakes in the company on Wednesday, the same day the firm impressed the market with an upbeat outlook for the second half.Chief Executive Officer William McGrath bought 9,160 shares at a price of 108.73p each, spending a total of £9,960. The purchase raised his holding to 221,886 shares, equal to a 0.32% interest in the company.Meanwhile, Non-Executive Director Paul Dermody nearly doubled his stake, buying 25,000 shares for his self-invested personal pension at 108.5p each for £27,125. This lifted his holding to 50,591 shares (0.07%).AGA said on Wednesday that after a slow first half - pre-tax losses widened to £2.4m and revenue come in flat at £119.5m - things are starting to look up and order intake since then has been encouraging."The tide is turning, the mood amongst our customers is better and there is a buzz about our new products. We will now see what our new generation of products - led by a more flexible AGA - and our enhanced operational gearing can deliver," McGrath said.The stock was up 10.12% at 114.25p by the close of trade, extending the year-to-date rise to 63%.Top Director BuysParallel Media Group (PAA) Director name: Mr David CiclitiraAmount purchased: 8,560,000 @ 5.00p Value: £428,000Immedia Group (IME) Director name: Mr Mark HorrocksAmount purchased: 1,108,000 @ 8.75p Value: £96,950Parallel Media Group (PAA) Director name: Mr Ranjit MurugasonAmount purchased: 1,126,316 @ 5.00p Value: £56,316Alliance Trust (ATST) Director name: Mr John F HylandsAmount purchased: 6,910 @ 428.25p Value: £29,592Aga Rangemaster Group (AGA) Director name: Mr Paul B DermodyAmount purchased: 25,000 @ 108.50p Value: £27,125Alliance Trust (ATST) Director name: Mr John F HylandsAmount purchased: 5,879 @ 428.25p Value: £25,177Inspired Energy (INSE) Director name: Mr Robert (Bob) HoltAmount purchased: 229,167 @ 8.00p Value: £18,333CLS Holdings (CLI) Director name: Mr Sten A MortstedtAmount purchased: 1,166 @ 1,169.00p Value: £13,631Legal & General Group (LGEN) Director name: Mrs Julia WilsonAmount purchased: 5,859 @ 196.39p Value: £11,506Top Director SellsZotefoams (ZTF) Director name: Mr C G HurstAmount sold: 42,753 @ 197.20p Value: £84,309AdEPT Telecom (ADT) Director name: Mr Amanda Jane WoodruffeAmount sold: 25,000 @ 127.00p Value: £31,750
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7 Dec 2018 09:08

Immedia expands content to more platforms, inks Nationwide contract

(Sharecast News) - Immedia extended the reach of its multi-media product offering to smart devices and other audio platforms and signed a three-year contract with Nationwide on Friday.

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7 Nov 2018 10:56

WINNERS & LOSERS SUMMARY: Sophos Punished For "Modest" Billings Growth

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - down 4.2%. The broadcaster said its revenue a

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7 Nov 2018 09:33

Immedia Shares Jump 23% As It Clinches 3-Year Live Audio Stream Deal

LONDON (Alliance News) - Immedia Group PLC on Wednesday said it signed a three-year contract with an undisclosed UK high street financial institution.The stock was up 23% on Wednesday at it

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27 Sep 2018 11:28

Immedia Interim Loss Narrows As Revenue Rises Amid Growth Progress

LONDON (Alliance News) - Digital audience engagement software firm Immedia Group PLC said Thursday its interim loss narrowed as revenue rose as the outlook remains positive for further growth into

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31 Jul 2018 11:46

Immedia Shares Climb As It Inks "Major" Service Contract

LONDON (Alliance News) - Immedia Group PLC said Tuesday it inked a "major service contract" with an unnamed UK high street financial institution.Shares in the company rose 9.1% to

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9 Nov 2016 12:03

Immedia Group confirms three-year contract with JD Sports Fashion

(ShareCast News) - Multi-media content and digital solutions provider Immedia Group confirms a three-year contract won in September is with retailer JD Sports Fashion. It said developments were underway and further details of the services provided by Immedia would be announced in due course. At abo

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9 Nov 2016 10:43

Immedia Says September Contract Client Is JD Sports Fashion

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27 Sep 2016 09:33

WINNERS & LOSERS SUMMARY: Wolseley Sold Amid Job Cuts, No Extra Payout

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15 Sep 2016 08:55

Immedia Group Builds Relations With FIFA Following AVC Acquisition

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7 Sep 2016 08:58

Immedia buys Aberdeen-based AVC Media for £200,000

(ShareCast News) - Digital audio content supplier Immedia's shares soared on Monday morning, as it bought Aberdeen-based AVC Media for £200,000, to strengthen its multimedia content for clients in retail, sport and education. AIM-listed Immedia bought the company from AVC Media Enterprises and AVCME

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19 Aug 2016 09:29

Immedia Group sounds upbeat note on Subway radio uptake

(ShareCast News) - AIM-listed Immedia Group said on Friday that it is seeing much higher-than-expected uptake of its Subway radio streaming platform by franchisees, further to the contract announced back in April. The company, which supplies digital audio content solutions, said it expects uptake to

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21 Apr 2016 08:40

Immedia Group Stays In Profit, Just Barely, In "Challenging" 2015

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18 Apr 2016 09:45

WINNERS & LOSERS SUMMARY: Failed Talks Send Oil Down, Travel Stocks Up

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18 Apr 2016 07:12

Immedia Shares Jump As It Signs In-Store Radio Deal With Subway

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8 Apr 2016 15:15

Immedia surges on contract win

(ShareCast News) - AIM-listed Immedia has signed a new five-year service contract with an unnamed "major global brand" for the supply of branded in-store music and marketing channels for an undisclosed sum. Immedia, which supplies digital audio content solutions, will provide services to its substan

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