Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOPM.L Share News (OPM)

  • There is currently no data for OPM

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Thorntons Chairman buys 400,000 shares

Wed, 22nd Feb 2012 15:39

John von Spreckelsen, Chairman of chocolate retailer Thorntons, has bought up 400,000 shares in the firm, one week after it reported that its pre-tax profit more than halved after heavy discounting. Spreckelsen, who last year announced his intention to quit the firm before the end of September, bumped up his stake in the company to 2.77%, equivalent to more than 1.89m shares, with the £99,440 transaction. The Chairman, who joined the firm midway through 2006, bought the shares over two days at an average price of 24.855p. In its results announced on February 15th, the firm announced that it waived its interim dividend payment after profit before tax and exceptional items fell to £3.1m for the 28 weeks ended 7 January 2012 from £8.4m in 2010. Revenues for the period declined to £130m from £133.5m previously.The group, which last year closed a string of its shops, said sales in its own stores dropped by 7.9% to £68.3m in the six-month period. Net debt at period end was £16.2m compared to £14m the year before. Top Director BuysNew City High Yield Fund Ltd. (NCYF) Director name: Mr Gavin BreezeAmount purchased: 320,000 @ 60.16p Value: £192,512Thorntons (THT) Director name: Mr John Von SpreckelsenAmount purchased: 400,000 @ 24.86p Value: £99,440New City High Yield Fund Ltd. (NCYF) Director name: Mr Gavin BreezeAmount purchased: 100,000 @ 59.40p Value: £59,400SEGRO (SGRO) Director name: Mr Nigel RichAmount purchased: 10,000 @ 232.99p Value: £23,299FFastFill (FFA) Director name: Mr Hamish PurdeyAmount purchased: 150,000 @ 10.75p Value: £16,125Pinnacle Telecom Group (PINN) Director name: Mr Alan J BonnerAmount purchased: 3,670,659 @ 0.38p Value: £13,9491pm (OPM) Director name: Mr Ronald RussellAmount purchased: 10,000,000 @ 0.100p Value: £10,000Top Director SellsEnergy XXI (Bermuda) (Di) (EXXI) Director name: Mr William ColvinAmount sold: 7,000 @ $38.62 Value: $270,340Rathbone Brothers (RAT) Director name: Mr Richard P LanyonAmount sold: 3,000 @ 1,275.00p Value: £38,250SThree (STHR) Director name: Mr Russell ClementsAmount sold: 5,660 @ 294.50p Value: £16,669FFastFill (FFA) Director name: Mr Hamish PurdeyAmount sold: 150,000 @ 10.75p Value: £16,125Rathbone Brothers (RAT) Director name: Mr Richard LoaderAmount sold: 1,000 @ 1,275.00p Value: £12,750Rathbone Brothers (RAT) Director name: Mr Richard I SmeetonAmount sold: 1,000 @ 1,275.00p Value: £12,750SThree (STHR) Director name: Mr Alex SmithAmount sold: 4,203 @ 294.50p Value: £12,378
More News
14 Jun 2011 12:06

London midday: China reassurance boosts FTSE 100

Stocks have moved higher, helped by some reassuring economic figures from China. Chinese industrial production rose by 13.3% in May, assuaging some observers' fears that economic expansion in the fast-growing country could slow. The excitement is in the FTSE 250 today, with Avis Europe soaring on

Read more
14 Jun 2011 09:23

SME demand to lift 1pm to profit

AIM-listed asset finance provider to small and medium enterprise (SMEs) 1pm moved up more than 25% after saying it will announce a return to profitability for the full year following improved trading. Turnover for the year ending 31 May 2011 is expected to be £1.90m, which is 43% ahead of last year

Read more
14 Jun 2011 08:32

London open: Shares rise as Avis takeover stokes M&A excitement

London's leading share index is posting strong decent growth this morning in contrast to recent sluggishness, but the excitement is in the FTSE 250 with Avis Europe soaring on news the Avis car hire brand is set to return to single ownership after US operator Avis Budget launched an agreed bid. Avi

Read more
17 Dec 2010 10:45

Small caps round-up: 1pm, ECDC, Hot Tuna...

1pm, the specialist provider of lease asset finance to small and medium sized businesses, grew its lease portfolio by 43% in the half year ended November - which now stands at £9.2m - due to an increase in new business levels. The group also noted a return to profitability, reporting a pre-tax pro

Read more
15 Sep 2010 11:42

Small caps round-up: ILA, Indus Gas, Minera...

ILA, which makes personal alarms for women, has won two big orders, one from the department store House of Fraser and one from the Canadian book retailer Indigo Books. But the shares are down nearly 9%. Losses widened at Indus Gas in the year to March 31, but the India-focused oil and gas group has

Read more
20 Jan 2010 13:10

Small caps round-up: ING Real, Intellego, Oxford Intruments...

ING UK Real Estate Income Trust will repay £15m of debt through the purchase and cancellation of loan notes at a discount to nominal value in two separate transactions. The transaction will result in a one off gain to NAV expected to be in the order of £680,000, and will also save over £719,000 per

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.