PMR.L Share News (PMR)

PMR.L Information

There is currently no data for PMR

Britvic directors cash in

Wed, 02nd Dec 2009 16:32

Fizzy drinks maker Britvic's chief executive and finance director have taken up shares and sold the share options for a second day running. The latest sales are of shares acquired under the Britvic Performance Share Plan at no cost. Chief executive Paul Moody was awarded 84,694 shares and sold 34,725 shares at 375p each in order to raise just over £130,000. Finance director John Gibney sold 22,174 shares out of the 54,082 shares he was awarded, thereby raising £83,000. At the end of November, both men exercised options over 12,224 shares at 245p each and then sold them for 386.25p a share. That equates to a gain of just over £17,000 each. Moody retains a 0.18% stake in Britvic and Gibney 0.14%. Britvic reported figures for the year to end September 2009 prior to the exercising of the options. They showed a 6% rise in revenues to £978.8m even though Irish revenues declined. Operating margins increased and pre-tax profits improved from £70.1m to £86.5m. The final dividend was increased by 24% to 10.9p a share. Net debt was £411m at the end of September 2009, although this figure was inflated by exchange rate movements. Broker Nomura does not believe that the growth prospects are reflected in the share price. It has a target share price of 500p. Top Director BuysPanmure Gordon & Co (PMR) Director name: Mr Edmond WarnerAmount purchased: 100,000 @ 40.25p Value: £40,250Davis Service Group (DVSG) Director name: Mr Peter VentressAmount purchased: 7,000 @ 414.50p Value: £29,015Strontium (STTM) Director name: Mr Colin Malcolm BrumptonAmount purchased: 175,000 @ 16.50p Value: £28,875Managed Support Services (MSS) Director name: Mr Simon BeartAmount purchased: 250,000 @ 9.20p Value: £23,000Davis Service Group (DVSG) Director name: Mr Kevin QuinnAmount purchased: 5,000 @ 414.50p Value: £20,725Davis Service Group (DVSG) Director name: Mr Roger DyeAmount purchased: 5,000 @ 414.50p Value: £20,725International Biotech Trust (IBT) Director name: Mr Andrew Charles BarkerAmount purchased: 10,000 @ 120.75p Value: £12,075Top Director SellsJardine Matheson (Singapore) (JAR) Director name: Mr Simon L KeswickAmount sold: 11,600 @ $30.00 Value: $348,041Britvic (BVIC) Director name: Mr Paul MoodyAmount sold: 34,725 @ 375.00p Value: £130,219Johnson Matthey (JMAT) Director name: Mr Lawrence C PentzAmount sold: 8,224 @ 1,500.00p Value: £123,360Britvic (BVIC) Director name: Mr John GibneyAmount sold: 22,174 @ 375.00p Value: £83,152

More News

25 Nov 2022 07:19

Finncap tumbles as takeover talks with Panmure end

(Sharecast News) - FinnCap tumbled on Friday after it said that takeover talks with Panmure Gordon had ended.

18 Oct 2022 08:08

FinnCap in early takeover talks with Panmure Gordon

(Sharecast News) - Investment bank FinnCap confirmed on Tuesday that it has received indicative non-binding takeover proposals from rival Panmure Gordon.

5 Jul 2021 23:14

HydrogenOne Capital Growth to pursue London listing

(Sharecast News) - HydrogenOne Capital Growth will become the first London-listed investment fund focused on clean hydrogen if its plans to float succeed.

31 Jan 2021 21:49

Sunday newspaper round-up: Vaccine supplies, Debenhams, The Queen

(Sharecast News) - The UK could help the EU and other nations with coronavirus vaccine supplies even before the domestic vaccination programme has been completed, the international trade secretary, Liz Truss, has said. As ministers sought to smooth relations with Brussels after the EU's much-criticised and swiftly rescinded decision to impose a vaccine border between Northern Ireland and the Republic of Ireland, Truss sought to stress the need for international cooperation. - Guardian

16 Jan 2017 15:23

Panmure Gordon CFO Philip Tansey to step down

(ShareCast News) - AIM-listed institutional stockbroker and investment bank Panmure Gordon said Philip Tansey has served notice of his intention to step down from the board and is leaving the company as chief financial officer at the end of March. Current financial controller Anthony Saroli will tak

22 Sep 2016 10:56

Panmure Gordon to invest up to £2m in PrimeXtend

(ShareCast News) - Institutional stockbroker and investment bank Panmure Gordon will make a cash investment of up to £2m in PrimeXtend, a business focused on the evolution of agency broker services. The investment will be made over a period of ten months, subject to the satisfaction of certain perfo

22 Sep 2016 10:03

Panmure Gordon Makes Strategic Investment In PrimeXtend

7 Aug 2016 15:33

Sunday newspaper round-up: Interest rates, EU single market, IHG, Poundland

(ShareCast News) - Savers face five more years of record-low returns, with investors betting that the Bank of England will not undo last week's interest rate cut before the end of the decade. City traders expect Bank governor Mark Carney to slash borrowing costs again before the end of the year, the

7 Aug 2016 07:48

PRESS: Mehmet Dalman Fund Eyes Bid For Panmure Gordon - Sunday Times

18 May 2016 07:33

Outgoing Panmure Gordon Chairman Says 2016 Has Started Well

11 May 2016 15:05

AGM, EGM Calendar - Week Ahead

3 May 2016 08:48

Panmure Gordon Picks Adcock To Replace Warner As Chairman

1 May 2016 18:03

Sunday newspaper round-up: Sports Direct, BHS, Barclays, Smiths, Cobham

(ShareCast News) - Sports Direct boss Mike Ashley has offered to buy collapsed retailer BHS, saving its entire store estate and thousands of jobs. Although the tycoon was unable to agree a deal before administrators were called in last Monday, Ashley confirmed to the Sunday Telegraph: "Any continuin

13 Apr 2016 09:04

New regulations to help smaller brokers compete in London IPO market

(ShareCast News) - Smaller brokers and investors could all find it easier to compete in the UK's initial public offer (IPO) market in future, according to new investment banking proposals put forward by the City regulator. To remedy several issues spied during its study into the investment and corpo

1 Apr 2016 18:00

Friday newspaper share tips: Panmure Gordon, Grainger

(ShareCast News) - Panmure Gordon has a tough road ahead of it, the Financial Times´s Lex column believes. The pool of banking fees which the UK´s small stockbrokers and investment banks can opt for is simply not large enough to sustain all of them given the decline in broking margins. About £5.4bn

Latest Share Chat

PMR.L Share News (PMR)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Britvic directors cash in

Login to your account

Quickpicks are a member only feature

Login to your account