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Directors dealings: Supergroup founder Dunkerton pares stake

Fri, 20th Jan 2017 15:51

(ShareCast News) - Supergroup founder Julian Dunkerton sold a hefty amount of shares in the £1.25bn market cap fashion retailer, even as its shares continued to trade near their record highs.Dunkerton, who is also the FTSE 250-listed company´s product and brand director hived off 392,156 shares at an individual price of 1,530p, for a total consideration of £5,999,986.80 on 20 January, the firm said in a statement.That was a 0.48% stake in the owner of the Superdry fashion brand, which lowered his holdings in the firm´s equity to 26.67%.Supergroup shares ended the session ended down by 2.10% to 1,541p, amid heavy trading volumes.Just over a week before, on 12 January, the owner of the company had lifted its interim dividend by a quarter, after reporting strong sales and profits growth in the UK, with the business also gaining traction in the US and China.That same day, and following the company´s interims, analysts at RBC Capital reiterated their 'outperform' recommendation and 1,900p on Supergroup shares."We think SuperGroup has outperformed in a tough apparel market owing to its international exposure, online growth and higher-than-average amount of transitional product."We are positive on SuperGroup for likely continued sales momentum driven by strong ecommerce sales, an improved product offer and investments made in infrastructure. We view SuperGroup as an international online growth story at 19x CY17E with potential for additional cash returns over time," RBC said. Top Director BuysAbbey (ABBY)Director name: Gallagher,Charles HAmount purchased: 985,645 @ 1,220.00pValue: £12,024,868.81Value And Income Trust (VIN)Director name: Oakeshott,Matthew AAmount purchased: 25,000 @ 250.00pValue: £62,500.00Chaarat Gold Holdings Ltd. (di) (CGH)Director name: Andersson,Martin Amount purchased: 100,000 @ 10.25pValue: £10,250.00Micro Focus International (MCRO)Director name: Phillips,Michael ScottAmount purchased: 1,504 @ 598.40pValue: £8,999.94Chaarat Gold Holdings Ltd. (di) (CGH)Director name: Andersson,Martin Amount purchased: 85,789 @ 9.97pValue: £8,553.76Immunodiagnostic Systems Holdings (IDH)Director name: Campe,Till BengtAmount purchased: 1,800 @ 249.00pValue: £4,482.00Tertiary Minerals (TYM)Director name: Clemmey,RichardAmount purchased: 183,368 @ 1.09pValue: £1,998.71Rio Tinto (RIO)Director name: Jacques,Jean-SébastienAmount purchased: 11 @ 3,451.23pValue: £379.64Top Director SellsSupergroup (SGP)Director name: Dunkerton,JulianAmount sold: 392,156 @ 1,530.00pValue: £5,999,986.87
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19 Mar 2015 13:44

FTSE 250 movers: Retailers and energy stocks surge, ex-dividend insurers lower

Supergroup made strong gains after Investec said a focus on retail execution and UK profit maximisation was a "major opportunity". The broker reiterated its 'buy' rating, with analyst Kate Calvert adding: "We see material growth opportunities, not only in maximising UK profitability by optimising it

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12 Mar 2015 17:30

Thursday broker round-up

Asos: Cannacord Genuity raises target to 3,250p from 2,520p and reiterates hold. Cambian Group: Cannacord Genuity lifts target to 311p from 294p and reiterates buy. BP: JP Morgan raises target to 410p from 400p and reiterates underweight. Royal Dutch Shell: Investec reiterates hold. Supergroup: C

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25 Feb 2015 14:21

FTSE 250 movers: Petrofac beats analysts' expectations, AO World and Supergroup drop

Petrofac topped the risers as profits came in above analysts' expectations, albeit towards the bottom of the company's own guidance. Chief executive Ayman Asfari said the company was well positioned to deal with the oil industry's declining prices, as the group ended the year with a record-breaking

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25 Feb 2015 11:38

UK WINNERS & LOSERS: AO World Shares Dive On Profit Warning

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25 Feb 2015 09:56

UPDATE 1-SuperGroup's finance chief quits after being declared bankrupt

(Adds details, analyst reaction, shares) By Paul Sandle LONDON, Feb 25 (Reuters) - SuperGroup Plc, the owner of the Superdry fashion brand, said on Wednesday its finance chief Shaun Wills had quit after being declared bankrupt two weeks ago. Wills, who is a qualified accountant,

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25 Feb 2015 08:33

UK MORNING BRIEFING: Weir Group Falls On Poor 2015 Outlook

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25 Feb 2015 08:00

Supergroup boardroom upheaval continues as CFO replaced

In four months under the whip of new chief executive Euan Sutherland, Supergroup has parted company with half the executives on the board after chief financial officer Shaun Wills was issued marching orders on Wednesday. Wills' departure, which was branded "bizarre" and a "genuine shock", comes just

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25 Feb 2015 07:48

SuperGroup CFO Leaves After Being Declared Personally Bankrupt

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25 Feb 2015 07:25

SuperGroup's finance chief leaves after he was declared bankrupt

LONDON, Feb 25 (Reuters) - SuperGroup plc said its finance chief Shaun Wills had stepped down after the company learnt he was the subject of a personal bankruptcy order earlier this month. The owner of the fashion brand Superdry said on Wednesday Nick Wharton, previously chief executive of

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12 Feb 2015 12:13

Supergroup surprises as COO squeezed out

Supergroup has parted company with chief operating officer Susanne Given, with the shock announcement sending the shares lower on Thursday afternoon. Given has departed with immediate effect "to explore other opportunities", less than four months since new chief executive Euan Sutherland took the re

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12 Feb 2015 09:33

UPDATE 1-SuperGroup operations chief abruptly leaves

(Adds detail, spokesman, analyst comment, shares) LONDON, Feb 12 (Reuters) - SuperGroup, the British firm behind the Superdry fashion brand, is parting company with its chief operating officer four months after it recruited the former boss of the Co-op to be its new chief executive. T

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12 Feb 2015 07:35

SuperGroup COO to leave firm

LONDON, Feb 12 (Reuters) - SuperGroup, the British firm behind the Superdry fashion brand, has parted company with its chief operating officer. The firm said on Thursday that Susanne Given, who joined SuperGroup in 2012, has stepped down from the board as a director with immediate effect an

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12 Feb 2015 07:21

SuperGroup COO Susanne Given Leaves Company

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10 Feb 2015 15:50

Superdry clothing stores to open in Russia

MOSCOW, Feb 10 (Reuters) - Azerbaijan's PNN Group will open two stores selling SuperGroup's Superdry clothing label in Russia in the coming months, despite gloomy expectations for consumer sentiment due to a slump in the rouble and a foundering economy. SuperGroup said two franchised stores

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9 Feb 2015 13:51

FTSE 250 movers: Miners and oil companies trading higher, Halma hit by downgrade

Halma took its biggest one day fall since May 2010, as JP Morgan downgraded the stock from 'neutral' to 'underweight'. Man Group was among the fallers despite an increased price objective from analysts at Liberum Capital, from 145p to 213p. Polymetal International and Kaz Minerals were putting in d

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