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Directors dealings: RPC finance chief plays it safe

Fri, 22nd Mar 2019 16:57

(Sharecast News) - RPC's director of finance opted on Thursday to play it safe, selling a large packet of shares in the packaging supplier the day before Berry Group told the market that it would not be tabling a higher takeover offer, unless the company received a better bid from someone else.Earlier in March, Berry had offered 793p a share for the UK plastics manufacturer - which the RPC board went on to recommend to its shareholders - beating out a previous bid from US private equity giant Apollo, that was made on 23 January and which was worth 782p a share.Kesterton, who had been the company's finance chief since May 2013, sold 65,000 shares - at 796p each - on Thursday for a total transaction amount of £516,868.Top Director BuysRestore (RST)Director name: Skinner,CharlesAmount purchased: 16,802 @ 298.50pValue: £50,153.97Duke Royalty Limited (DUKE)Director name: Cannon-Brookes,CharlesAmount purchased: 100,000 @ 43.60pValue: £43,600.00Renishaw (RSW)Director name: Lee,William Amount purchased: 1,000 @ 3,793.00pValue: £37,930.00Alba Mineral Resources (ALBA)Director name: Frangeskides,GeorgeAmount purchased: 8,333,333 @ 0.30pValue: £25,000.00Alba Mineral Resources (ALBA)Director name: Nott,MichaelAmount purchased: 6,666,667 @ 0.30pValue: £20,000.00Zambeef Products (ZAM)Director name: Mwanza,JacobAmount purchased: 173,333 @ 10.50pValue: £18,199.96Zambeef Products (ZAM)Director name: Mwanza,JacobAmount purchased: 100,000 @ 10.50pValue: £10,500.00Jpmorgan American Inv Trust (JAM)Director name: Collins,Alan Amount purchased: 2,271 @ 437.48pValue: £9,935.17Cropper (james) (CRPR)Director name: Maddock,IsabelleAmount purchased: 968 @ 973.00pValue: £9,418.64Zambeef Products (ZAM)Director name: Mwanza,JacobAmount purchased: 26,296 @ 10.50pValue: £2,761.08Sse (SSE)Director name: Pibworth ,Martin Amount purchased: 36 @ 1,215.11pValue: £437.44Sainsbury (j) (SBRY)Director name: Rogers,JohnAmount purchased: 49 @ 234.99pValue: £115.15Top Director SellsRpc Group (RPC)Director name: Kesterton,SimonAmount sold: 65,000 @ 795.18pValue: £516,867.64Greggs (GRG)Director name: Hutton,RichardAmount sold: 1,150 @ 1,861.00pValue: £21,401.50Greggs (GRG)Director name: Hutton,RichardAmount sold: 1,100 @ 1,861.00pValue: £20,471.00Cropper (james) (CRPR)Director name: Maddock,IsabelleAmount sold: 1,113 @ 966.00pValue: £10,751.58Cropper (james) (CRPR)Director name: Maddock,IsabelleAmount sold: 162 @ 972.00pValue: £1,574.64
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6 Jun 2019 11:32

Berry Global Gets Russian Clearance For RPC Group Acquisition

LONDON (Alliance News) - Berry Global Group Inc on Thursday said Russia has cleared its acquisition of fellow plastic packaging firm RPC Group PLC.The GBP3.34 billion deal, which will see

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20 May 2019 11:44

Mexico Grants Approval For Berry Global's GBP3.3 Billion RPC Group Buy

LONDON (Alliance News) - Berry Global Group Inc on Monday said it has received approvals for buying RPC Group PLC from competition authorities in Mexico.This follows similar approvals from

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25 Apr 2019 12:14

Berry Global Gets Further Competition Clearance For RPC Group Purchase

LONDON (Alliance News) - The European Commission has given the thumbs up to Berry Global Group Inc's takeover of RPC Group PLC, Berry said Thursday.This follows similar antitrust in the

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18 Apr 2019 18:09

RPC Group Shareholders Vote In Favour Of Takeover By Berry Global

LONDON (Alliance News) - RPC Group PLC shareholders voted in favour of the takeover by Berry Global Group Inc on Thursday.The packaging firm said the 89.9% of shareholder voted in favour of

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18 Apr 2019 10:28

Berry Global's RPC Group Takeover Gets South African Approval

LONDON (Alliance News) - RPC Group PLC's acquisition by US company Berry Global Group Inc has been cleared by the Competition Commission of South Africa, it was announced on will pay 793 pence

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12 Apr 2019 10:49

Apollo Management Lapses Takeover Offer For Plastic Packaging Firm RPC

LONDON (Alliance News) - Apollo Management IX LP said Friday it lapsed its takeover offer for RPC Group PLC, following RPC's approval of Berry Global Group Inc's offer.The agreement

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11 Apr 2019 16:08

UK Shareholder Meetings Calendar - Next 7 Days

Friday 12 AprilHSBC HoldingsMonday 15 April88 EnergyTuesday

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1 Apr 2019 10:59

Berry Global Amends Loans Secured For RPC Acquisition

LONDON (Alliance News) - US-based plastics packaging manufacturer Berry Global Group Inc on Monday said it amended and restated the financial terms of a series of loans secured to fund its of peer

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29 Mar 2019 09:35

Berry Global Gets US Antitrust Approval For RPC Group Takeover

LONDON (Alliance News) - Berry Global Group Inc's takeover of RPC Group PLC has received antitrust clearance in the US, Berry said on Friday.Berry has made filings to other antitrust it

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22 Mar 2019 14:25

DIRECTOR DEALINGS: RPC CEO, Finance Boss Sell GBP2.5 Million Of Shares

LONDON (Alliance News) - RPC Group PLC said on Friday Chief Executive Pim Vervaat and Finance Director Simon Kesterton have both sold a significant amount of shares.On Thursday, Vervaat at

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22 Mar 2019 08:48

RPC suitor Berry says offer is final

(Sharecast News) - Berry Group has said it will not make a higher takeover offer for RPC Group unless the UK plastics manufacturer receives a better bid from someone else.

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22 Mar 2019 08:44

Berry Global Confirms Current RPC Offer Final, Making Good Progress

LONDON (Alliance News) - Berry Global Group Inc on Friday confirmed its 793 pence per share cash offer for plastic packaging producer RPC Group PLC is "final".However, Berry added

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22 Mar 2019 07:38

LONDON MARKET PRE-OPEN: Smiths Group Confirms Medical Unit Demerger

LONDON (Alliance News) - Stocks in London are seen opening down on Friday, despite gains in the US overnight, as Brexit uncertainty continues to weigh on sentiment. In early UK corporate news, is

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12 Mar 2019 11:38

Berry Global Inks Non-Binding Pension Plan Deal Relating To RPC Bid

LONDON (Alliance News) - Berry Global Group Inc said Tuesday it has entered an agreement with a pension plan trustee in connection with its acquisition of fellow plastic packaging firm RPC Group a

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