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Ashtead directors sell vested shares

Tue, 29th Jul 2014 16:30

Four directors, including the Chief Executive, at industrial rental group Ashtead Group on Monday sold a total of 826,682 following their vesting the same day. Company Chief Geoff Drabble traded in 406,176 shares, which were awarded in 2011 under the group's performance share plan. With a disposal price of 934p the sale generated £3.79m. Finance Director Suzanne Wood earned £1.95m after trading in 208,805 shares at the same price. Divisional Chief Executives Brendan Horgan and Sat Dhaiwal sold 163,049 and 130,641 shares, respectively. It comes a month after the group reported that profits had flown higher than record levels in the year to April 30th, helping earnings beat expectations comfortably. The UK-headquartered company, whose larger US business is seen as a play on the slow-burning US non-residential construction recovery, lifted underlying revenues 24% to £1.48bn and earnings before interest, tax, depreciation and amortisation (EBITDA) 34% to £685.1m. Top Director BuysIntelligent Energy Holdings (IEH) Director name: Mr John MaguireAmount purchased: 21,574 @ 231.75p Value: £49,998Vodafone Group (VOD) Director name: Mr Omid KordestaniAmount purchased: 10,000 @ 202.17p Value: £20,217Witan Pacific Inv Trust (WPC) Director name: Mr Andrew Stephen RobsonAmount purchased: 5,000 @ 230.00p Value: £11,500Top Director SellsAshtead Group (AHT) Director name: Mr Geoffrey DrabbleAmount sold: 406,176 @ 934.00p Value: £3,793,684Ashtead Group (AHT) Director name: Ms Suzanne Wood Amount sold: 208,805 @ 934.00p Value: £1,950,239Ashtead Group (AHT) Director name: Mr Brendan HorganAmount sold: 163,049 @ 934.00p Value: £1,522,878Ashtead Group (AHT) Director name: Mr Sat DhaiwalAmount sold: 130,641 @ 934.00p Value: £1,220,187De La Rue (DLAR) Director name: Mr Colin ChildAmount sold: 50,978 @ 748.28p Value: £381,458Bullabulling Gold Limited (DI) (BGL) Director name: Mr Peter John Mansell Amount sold: 1,625,000 @ 4.43p Value: £71,988Bullabulling Gold Limited (DI) (BGL) Director name: Mr Ronald Hugh BeevorAmount sold: 709,552 @ 4.43p Value: £31,433NR
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30 Apr 2014 14:01

Witan Pacific Investment Trust Underperforms Benchmark In Year

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3 Jan 2013 16:01

Eckoh director boosts stake with purchase of 200,000 shares

Chris Batterham, the Non-Executive Chairman of speech recognition and associated payment solutions provider Eckoh has added 200,000 ordinary shares to his stake in the firm. Batterham bought the shares at 14.125p each, costing him £28,240. The purchase takes his holding in Eckoh to 950,000 ordin

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9 May 2012 15:53

Morgan Crucible CEO buys up 'cheap' stock

Mark Robertshaw, the Chief Executive Officer of Morgan Crucible purchased 35,000 shares in the the FTSE 250 industrial materials group on the same day stock broker Jefferies hailed the stock as cheap, compared to its sector peers. Robertshaw purchased the shares at 290.00p for a total of £101,500,

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24 Apr 2012 06:59

Tuesday tips round-up: BTG, Witan Pacific, Greene King

Questor in the Telegraph likes biotech firm BTG which has had positive results in tests for what could the first non-surgical treatment for varicose veins. With interests in anti-venom agents for the treatment of viper bites, the firm has an interesting portfolio and merits a hold from Questor for f

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21 Jan 2011 16:42

ASOS director banks £2.8m

Jon Kamaluddin, the international director of AIM-quoted online fashion retailer ASOS, has secured a near-£2.8m gain by exercising options and selling the shares immediately. Kamaluddin exercised options over 80,000 shares at 43.5p a share and 96,995 shares at 58.25p a share. That is a total cost

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Sanderson chairman buys nearly 25% of company

Christopher Winn, the executive chairman of enterprise software provider Sanderson Group, has bought nearly all of private equity firm Alchemy's stake in the company. Alchemy was involved in the original management buy out of Sanderson in December 1999, which was split into three companies includ

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