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Low & Bonar CEO and Finance Director trade in shares from LTIP

Thu, 11th Apr 2013 16:13

Steve Good, the Group Chief Executive of materials group Low & Bonar, has sold a significant portion of the 1.4m shares that recently vested under the company's long-term incentive plan.Of these, he sold 908,676, taking his total stake in the company to 919,098. Mike Holt, the group's Finance Director since November 2010, sold 711,756 of the 980,000 shares he was awarded under the same plan. All shares were traded in at 70.5p each. In a brief trading statement issued Tuesday, the group said its Flooring, Industrial, Transport and Artificial Grass Yarns sectors have started the year well, but warned demand for its Civil Engineering products has been slower, primarily as a result of the harsh weather conditions across Europe. That said, it now expects the division to return to more normal levels of activity during the second quarter. The company is on track to make progress throughout the year, it added. Top Director BuysMulberry Group (MUL) Director name: Ms Melissa Cheng Sim OngAmount purchased: 10,000 @ 954.00p Value: £95,400PureCircle Ltd. (DI) (PURE) Director name: Mr John SlosarAmount purchased: 20,000 @ 256.00p Value: £51,200AZ Electronic Materials SA (DI) (AZEM) Director name: Philana PoonAmount purchased: 15,000 @ 270.89p Value: £40,634Top Director SellsLegal & General Group (LGEN) Director name: Dr Nigel WilsonAmount sold: 561,434 @ 167.43p Value: £940,009Travis Perkins (TPK) Director name: Mr John CarterAmount sold: 63,974 @ 1,399.20p Value: £895,124Abcam (ABC) Director name: Mr David WarwickAmount sold: 191,600 @ 426.00p Value: £816,216Goals Soccer Centres (GOAL) Director name: Mr Bill GowAmount sold: 570,825 @ 137.00p Value: £782,030Goals Soccer Centres (GOAL) Director name: Mr Keith RogersAmount sold: 570,825 @ 137.00p Value: £782,030Legal & General Group (LGEN) Director name: Mr John PollockAmount sold: 448,196 @ 167.43p Value: £750,415Low & Bonar (LWB) Director name: Mr Steve Good Amount sold: 908,676 @ 70.50p Value: £640,617Legal & General Group (LGEN) Director name: Mr Mark GregoryAmount sold: 375,516 @ 167.43p Value: £628,726Abcam (ABC) Director name: Mr Jeffrey IliffeAmount sold: 112,555 @ 426.00p Value: £479,484Intu Properties (INTU) Director name: Mr David FischelAmount sold: 74,629 @ 327.00p Value: £244,037NR
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21 Nov 2012 16:34

AstraZeneca CEO builds up stake

The Chief Executive Officer of drugs giant AstraZeneca has purchased 3,500 shares in the company, taking his stake in the group to 141,716 shares. Pascal Soriot, who took up his current role just last month, bought the shares at 2,825p each for a total of £98,875. 53-year-old Soriot joined Astra

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2 Nov 2012 16:39

Two BP Executive VPs slim down shareholdings

Making the most of a strong week, two of BP's divisional Executive Vice Presidents have between them sold 130,000 shares in the same week oil giant delivered a better-than-expected performance in the third quarter. Mike Daly, the company's Executive Vice President of exploration, traded in 24,473 s

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1 Nov 2012 16:01

Barclays Chairman boosts stake after results fail to impress

Sir David Walker, the newly-installed Chairman of Barclays, has swelled his stake in the company with the addition of 50,000 shares just one day after the company delivered a rise in adjusted third-quarter pre-tax profit. Walker added 50,000 shares at 230.19p each, taking his share in the company

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24 Oct 2012 15:48

Cupid's Finance Director ditches shares post-exercise

Mark Doughty, the Finance Director of Cupid, the internet-based dating operator, pocketed a significant sum of money on Tuesday after trading in 610,228 shares. The sale follows Doughty's decision to exercise share options over 600,000 ordinary shares. The shares were sold at 202.08p, earning hi

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22 Oct 2012 16:28

Devro Chairman buys up despite profit warning

Steve Hannam, the Chairman of FTSE 250 sausage casing supplier Devro, has added to 12,594 shares to his and his wife's stake in the company on the same day the company warned that full-year operating profits will be slightly below expectations, although still ahead of last year. Hannam purchased t

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18 Oct 2012 16:07

Dunelm Finance Director trades in shares from LTIP

Dunelm Group's Finance Director, David Stead, has traded in 43,460 of the 85,215 shares he received after exercising options under the company's long-term incentive plan at no cost. Stead, who joined the homeware chain in 2003, traded in the shares at 679.40p, earning £295,267, which he used to fu

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12 Oct 2012 16:39

Close Brothers Group CEO sells newly vested shares

Preben Prebensen, the Chief Executive Officer of Close Brothers, the FTSE 250 banking, securities and asset management firm, has sold around half of the 20,422 shares which vested under a matching share award made to the director at his appointment in 2009. 10,657 shares exchanged hands at 845.92p

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11 Oct 2012 16:17

Wilmington Group's soon-to-be CFO boosts stake

Tony Foye, the new Executive Director of Wilmington Group, a financial and legal training provider, has bought up 385,000 ordinary shares, significantly boosting his share in the company to 435,000 shares. Foye joined the firm at the beginning of last month and is to become the Chief Financial Off

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10 Oct 2012 16:30

Avanti Comms directors show their faith

It is fair to say that the market was not over the moon about the full year results from satellites operator Avanti Communications, but the directors believe the share price reaction has been overdone, a view they have been backing up with share purchases. David Williams, Chief Executive of Avanti,

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9 Oct 2012 16:11

Dragon Oil's CEO tops up stake

Abdul-Jaleel Al-Khalifa, the Chief Executive Officer of Dragon Oil, an international oil and gas exploration, development and production company, added 3,527 shares to his stake in the company on Monday. The CEO, who has held the role since 2008, paid 525.09p per share, handing over a total of £18

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3 Oct 2012 16:08

Walker Greenback's CEO sells 100,000 shares

Walker Greenback's Chief Executive Officer, John Sach, has sold 100,000 ordinary shares in the company on the same day the luxury interior furnishings group reported an increase in half year sales. The boost to sales came after an upturn in the US interior furnishings industry despite the fact tha

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1 Oct 2012 16:16

Workspace Group CEO boosts stake in company

The Chief Executive Officer of Workspace Group, which specialises in providing office space to start ups, has purchased 112,525 shares, significantly boosting his stake in the FTSE 250 firm. Jamie Hopkins, who took on the role of CEO in April of this year, bought the shares at 266p each for a tota

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11 Sep 2012 09:13

PureCircle's volumes still sub-scale

PureCircle, which produces sweetener products derived from stevia, saw sales dip and losses deepen last year as it moved away from a 'take or pay' contracted sales model. Sales in the year to the end of June eased to $45.41m from $52.26m the year before, with the company at pains to point out that

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1 Aug 2012 10:38

Wang Tak doubles stake in PureCircle

Wang Tak has virtually doubled its stake in PureCircle, the high purity stevia products firm, earning it representation on the UK company's board. PureCircle placed 10m new ordinary shares with Wang Tak at 200p each. That bumped up Wang Tak's stake in PureCircle to 11.7% from 6.0%. PureCircle will

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9 Jul 2012 07:31

Delays hit PureCircle's sales

PureCircle, which makes sweeteners based on the stevia herb, left a sour taste in investors' mouths on Monday as it admitted sales in the second half of its financial year had been below expectations. Sales in the six months to the end of June are expected to be around $30m, which would push full y

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