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Pressure Technologies director raises his stake

Mon, 22nd Jul 2013 16:38

It looks like Nigel Luckett, a Non-Executive Director at Pressure Technologies, chose an expensive time to top up his stake as the stock hit a 52-week high on Monday.Luckett, a former partner of KPMG, bought 18,000 shares at a price of 217.5p each, spending a total of £39,150. He now holds 70,000 shares in Pressure Technologies, equal to a stake of 0.62%.The firm, which specialises in technology for the containment and control of liquids and gases in pressure systems, saw its share price reach a 52-week closing high of 217.5p last week. Following the purchase on Monday, the shares jumped again to a fresh high of 235p.Last month, Pressure Technologies announced that revenues in the first half (ended March 30th) totalled £16.4m, up 30% from the year before, while pre-tax profit more than doubled from £0.46m to £1.33m.Chairman Alan Wilson said: "The interim results show the benefits of the board's diversification strategy and these, combined with on-going opportunities, give us considerable optimism for the future."Top Director BuysPressure Technologies (PRES) Director name: Mr Nigel LuckettAmount purchased: 18,000 @ 217.50p Value: £39,150IDOX (IDOX) Director name: Mr Martin BrooksAmount purchased: 68,500 @ 36.40p Value: £24,934Frontier Mining Ltd (DI) (FML) Director name: Mr Yerlan Zhenisovitch AliyevAmount purchased: 752,000 @ 1.75p Value: £13,160Top Director SellsSignet Jewelers Ltd. (SIG) Director name: Mr Ronald ("Ron") RistauAmount sold: 3,760 @ 4,674.97p Value: £175,779Signet Jewelers Ltd. (SIG) Director name: Mr Thomas PlaskettAmount sold: 1,500 @ 4,640.96p Value: £69,614
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27 May 2014 13:51

TIG: Glass Lewis Recommends Zale Shareholders Vote Against Signet Merger

WASHINGTON (Alliance News) - TIG Advisors a stockholder of Fine jewelry retailer Zale Corp. (ZLC), owning approximately 9.5% of its outstanding shares of common stock, announced that Glass, Lewis & Co., LLC has recommended that Zale stockholders vote against the proposed merger with Signet Jewele

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23 May 2014 09:53

Friday broker round-up UPDATE

Admiral Group: JP Morgan raises target price from 1022p to 1164p, while staying with its underweight rating. Antofagasta: Investec cuts target price from 715p to 690p and leaves its sell recommendation unchanged. Assura Group: Liberum Capital shifts target price from 44p to 47p and stays with its

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23 May 2014 09:11

UK BROKER RATINGS: Goldman Sachs Upgrades London Stock Exchange

LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:
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FTSE 100
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GOLDMAN RAISES JOHNSON MATTHEY PRICE TARGET TO 3980 (3600) PENCE - 'NEUTRAL'
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TRADERS: JPMORGAN ADDS AB FOO

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23 May 2014 05:28

UK Earnings, Trading Statements Calendar - Week Ahead

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22 May 2014 15:24

UK Earnings, Trading Statements Calendar - Week Ahead

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22 May 2014 12:19

Signet Jewelers Reports Strong First Quarter In Both UK And US

LONDON (Alliance News) - Signet Jewelers Ltd Thursday said total sales rose 6.3% in the first quarter of its new financial year, driving growth in its gross profit margin, thanks to improving momentum in its UK division and a solid performance in the US. The specialty retailer, which operat

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22 May 2014 05:14

UK Earnings, Trading Statements Calendar - Week Ahead

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21 May 2014 15:41

UK Earnings, Trading Statements Calendar - Week Ahead

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21 May 2014 05:10

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20 May 2014 15:27

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15 May 2014 12:54

Zale Recommends Stockholders Vote In Favor Of Signet Deal

LONDON (Alliance News) - Zale Corp. reiterated its commitment to the pending merger with Signet Jewelers Limited, under which Zale stockholders would receive USD21.00 per share in cash. The company recommended its stockholders vote in favor of the Signet transaction at the May 29, 2014 spec

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24 Apr 2014 16:41

DIRECTOR DEALINGS: Signet Executives Sell Shares

LONDON (Alliance News) - Signet Jewelers Limited PLC Thursday said Robert Trabucco, a divisional executive, sold 2,043 shares at a price of USD99.79 each and now holds 20,621 shares in total Wednesday. The company also said Edward Hrabak and Mark Light, also both divisional executives, sold

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17 Apr 2014 17:08

DIRECTOR DEALINGS: Signet Jewelers Directors Sell Shares

LONDON (Alliance News) - Signet Jewelers Ltd Thursday said directors Michael Povall and Sebastian Hobbs sold 703 and 295 shares, respectively, at a price of USD101.67 per share. Following this transaction Povall now holds 3,881 shares and Hobbs 4,545 shares in the firm. The firm also

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16 Apr 2014 15:59

Sweett Group directors cheers full-year outlook

A number of Sweett Group board members on Tuesday added to their company holdings following an upbeat trading update from the property and infrastructure consultancy. Non-Executive Chairman Michael Henderson acquired 25,000 shares for a total spend of £10,125, while the wife of Chief Executive Off

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16 Apr 2014 11:35

DIRECTOR DEALINGS: Signet Jewelers Executives Sell Shares

LONDON (Alliance News) - Signet Jewelers Ltd PLC Wednesday said a group of executives, including Chief Executive Michael Barnes sold shares at a price of USD101.73 each.

Details are as follows.

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