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Produce Investments chairman buys shares showing confidence

Fri, 27th Mar 2015 15:48

The chairman of Produce Investments bought some new shares showing confidence in the group after disappointing first half of the year.Barrie Clapham bought 100,000 shares for an individual price of 127p, spending a total of £127,000 in the transaction.Clapham now holds 6.3m shares in the potato farming and supply firm, which saw a 3.8% decline in first-half profits to £1.95m due to "very challenging" market conditions. Revenues also fell 9.9% to £80.76m.Chief executive Angus Armstrong said at the time: "The much-documented retailer price wars triggered significant pricing pressure throughout the entire supply chain, resulting in value and volume decline over the past 12 months."Top Director BuysSymphony International Holdings Ltd. (SIHL) Director name: Mr Anil ThadaniAmount purchased: 250,000 @ $0.85 Value: $212,400Produce Investments (PIL) Director name: Mr Barrie ClaphamAmount purchased: 100,000 @ 127.00p Value: £127,000Porta Communications (PTCM) Director name: Mr Bob MortonAmount purchased: 1,343,766 @ 7.50p Value: £100,782Howden Joinery Group (HWDN) Director name: Mr Matthew IngleAmount purchased: 17,987 @ 456.95p Value: £82,192Xchanging (XCH) Director name: Mr David BauernfeindAmount purchased: 38,302 @ 143.00p Value: £54,772Howden Joinery Group (HWDN) Director name: Mr Mark RobsonAmount purchased: 11,552 @ 456.95p Value: £52,787Vislink (VLK) Director name: Mr Robin HoweAmount purchased: 100,000 @ 49.88p Value: £49,880Indivior (INDV) Director name: Mr Shaun ThaxterAmount purchased: 10,000 @ 197.39p Value: £19,739Indivior (INDV) Director name: Mr Shaun ThaxterAmount purchased: 10,000 @ 197.17p Value: £19,717Indivior (INDV) Director name: Mr Shaun ThaxterAmount purchased: 10,000 @ 197.07p Value: £19,707Top Director SellsAbcam (ABC) Director name: Mr Jonathan Simon MilnerAmount sold: 2,480,000 @ 465.00p Value: £11,532,000Abcam (ABC) Director name: Mr Jonathan Simon MilnerAmount sold: 2,150,000 @ 465.00p Value: £9,997,500Computacenter (CCC) Director name: Mr Michael J NorrisAmount sold: 81,640 @ 701.75p Value: £572,909Travis Perkins (TPK) Director name: Mr John P CarterAmount sold: 28,017 @ 1,965.25p Value: £550,604Renew Holdings (RNWH) Director name: Mr Brian MayAmount sold: 150,000 @ 271.72p Value: £407,580St James's Place (STJ) Director name: Mr David LambAmount sold: 35,813 @ 943.55p Value: £337,914St James's Place (STJ) Director name: Mr Ian GascoigneAmount sold: 35,813 @ 943.55p Value: £337,914Computacenter (CCC) Director name: Mr Tony ConophyAmount sold: 45,004 @ 701.75p Value: £315,816Renew Holdings (RNWH) Director name: Mr John SamuelAmount sold: 100,000 @ 271.72p Value: £271,720St James's Place (STJ) Director name: Mr Andrew CroftAmount sold: 26,344 @ 943.55p Value: £248,569
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5 Jun 2014 14:43

DIRECTOR DEALINGS: Produce Investments Non-Executive Sells 4,000 Shares

LONDON (Alliance News) - Produce Investments PLC Thursday said that Derek Porter, a non-executive director, has sold 4,000 shares at 286 pence each. Porter now has a 0.42% stake in the company, some 111,020 shares. Produce Investments shares were Thursday quoted at 294.75 pence, up 1.

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16 May 2014 08:10

Produce Investments Buys Potato Grower Jersey Royal For GBP15 Million

LONDON (Alliance News) - Produce Investments PLC, the parent company of one of the UK's biggest potato producers, said Friday that it has acquired Jersey Royal Co, one of the country's largest producers of the famous Jersey Royal potato, for GBP15 million. The company said it was in talks t

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16 May 2014 07:38

UK MORNING BRIEFING: Intertek Puts Damper On Flat FTSE 100

LONDON (Alliance News) - UK shares have opened mostly flat Friday, though mid- and small-caps are slightly outperforming, after disappointing European economic data on Thursday has been followed by a dearth of fresh leads Friday.

Intertek leads the FTSE 100 fallers,

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26 Mar 2014 12:07

Produce Investments Swings To Profit, Boosts Dividend

LONDON (Alliance News) - Produce Investments PLC said Wednesday it swung to an operating profit for the half-year and is on track to meet market expectations for the full-year as it continued to focus on boosting efficiency realigning capacities during the period of significantly better weather a

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8 Jan 2014 12:41

Produce Investments eyes acquisition of potato firm

Produce Investments, which operates in the potato business, prompted a jump in its share price on Wednesday after confirming it had entered into a heads of terms agreement to acquire Jersey Royal Company. The AIM-listed group has agreed a period of exclusivity for a potential acquisition of Jersey

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27 Sep 2013 16:05

STOCKS NEWS EUROPE-UK small caps close down 0.7 pct

UK small caps drop 0.7 percent, mirroring weakness on the wider market, with the mid-caps and the blue chips suffering respective falls of 0.6 percent and 0.8 percent. Junior-listed AIM shares buck the weak trend, up 0.5 percent. Asian Citrus sheds 1.1 percent after cutting its dividend by

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27 Sep 2013 13:18

Produce Investments Profits Boosted By Price Increases; Ups Dividend By 50%

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27 Mar 2013 08:52

Wednesday broker round-up UPDATE

Amara Mining: Westhouse Securities lowers target price from 124p to 110p, while reiterating a buy recommendation. Ashtead: Canaccord Genuity ups target price to 170p and keeps a buy recommendation. Bellway: Deutsche Bank revises target price from 1381p to 1395p and reiterates a hold recommendation

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22 Mar 2013 11:16

Produce Investments records loss as wet weather hits potato crops

Potato company Produce Investments on Friday reported a loss as wet weather in 2012 impacted crops and pushed up costs. The group posted an operating loss of £0.68m for the 26 weeks to December 29th, 2012, down from the prior year's profit of £4.76m. Chief Executive Angus Armstrong said high rai

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