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Director dealings: Galliford director bought ahead of Edinburgh scandal

Mon, 11th Apr 2016 14:43

(ShareCast News) - Shares in housebuilder Galliford Try hit their lowest since January last year, caught up in an Edinburgh schools scandal and tracking a sector-wide decline on Monday, despite deputy chairman Peter Ventress dipping into the market to snap up shares. The FTSE 250 company's senior independent director bought 4,250 shares at a price of 1,399p on Friday, but the shares crossed below 1,300p by the close on Monday.Seventeen schools in Edinburgh built under a £360m private finance initiative deal were closed by city officials due to safety fears over their construction by the Edinburgh Schools Partnership (ESP), a consortium of Amey and Miller Construction and the Bank of Scotland.Galliford Try bought Miller Construction in 2014.Edinburgh Council has said it will not be footing the bill for any remedial work to make the schools safe, after problems came to light when a large section of a building wall was blown off during a storm.Selling Trac With Tracsis shares near their all-time high, almost a decade since floating, non-executive director John Nelson sold more than half his stake in the provider of software and technology led products and services for the traffic data and transportation industry.Nelson sold 130,000 shares at a price of 500p apiece, leaving himself just over 100,000 shares, which were originally floated in November 2007 at placing price of 40p per share.He also has an interest in 25,000 share options from an agreement dated 2013 with an exercise price of 175p per share.Recent interims from the debt-free group seemed very positive, with revenue increased 19% to £14.3m after management's busiest transactional period, with the acquisitions of SEP and Ontrac and a strategic investment in Citi Logik. Top Director BuysGalliford Try (GFRD)Director name: Ventress,Peter Amount purchased: 4,250 @ 1,399.00pValue: £59,457.50Sig (SHI)Director name: Robertson,DouglasAmount purchased: 35,000 @ 138.89pValue: £48,610.10Henry Boot (BHY)Director name: Littlewood,DarrenAmount purchased: 7,003 @ 216.45pValue: £15,157.99Surface Transforms (SCE)Director name: Bundred,DavidAmount purchased: 84,000 @ 18.00pValue: £15,120.00Primary Health Properties (PHP)Director name: Rutter O.B.E,IanAmount purchased: 9,906 @ 100.94pValue: £9,999.12Personal Assets Trust (PNL)Director name: Angus,Robin JohnAmount purchased: 3 @ 36,173.00pValue: £1,085.19Personal Assets Trust (PNL)Director name: Angus,Robin JohnAmount purchased: 3 @ 36,140.00pValue: £1,084.20Foreign And Colonial Inv Trust (FRCL)Director name: Bone,RogerAmount purchased: 223 @ 436.80pValue: £974.06Foreign And Colonial Inv Trust (FRCL)Director name: Hewitt,JeffreyAmount purchased: 108 @ 436.80pValue: £471.74Personal Assets Trust (PNL)Director name: Angus,Robin JohnAmount purchased: 1 @ 36,380.10pValue: £363.80Prudential (PRU)Director name: Nicandrou,NicolaosAmount purchased: 15 @ 1,308.25pValue: £196.24Prudential (PRU)Director name: Wells,Mike Amount purchased: 14 @ 1,308.25pValue: £183.15Prudential (PRU)Director name: Foley,John W.Amount purchased: 13 @ 1,308.25pValue: £170.07Rolls-royce Holdings (RR.)Director name: Smith,DavidAmount purchased: 23 @ 655.50pValue: £150.76National Grid (NG.)Director name: Bonfield,Andrew R JAmount purchased: 15 @ 995.49pValue: £149.32National Grid (NG.)Director name: Holliday,Steven JAmount purchased: 15 @ 995.49pValue: £149.32National Grid (NG.)Director name: Pettigrew,JohnAmount purchased: 15 @ 995.49pValue: £149.32National Grid (NG.)Director name: Bonfield,Andrew R JAmount purchased: 15 @ 995.49pValue: £149.32Taylor Wimpey (TW.)Director name: Jordan,James JAmount purchased: 80 @ 186.30pValue: £149.04Taylor Wimpey (TW.)Director name: Redfern,PeterAmount purchased: 80 @ 186.30pValue: £149.04Mitchells & Butlers (MAB)Director name: Jones,Timothy (Tim) CharlesAmount purchased: 50 @ 276.00pValue: £138.00Rolls-royce Holdings (RR.)Director name: Smith,Colin PAmount purchased: 19 @ 655.50pValue: £124.54Top Director SellsTracsis (TRCS)Director name: Nelson,John GraemeAmount sold: 130,000 @ 500.00pValue: £650,000.00Fisher (James) & Sons (FSJ)Director name: Henry,NickAmount sold: 12,786 @ 1,294.00pValue: £165,450.83Fisher (James) & Sons (FSJ)Director name: Kilpatrick,Stuart Amount sold: 8,695 @ 1,294.00pValue: £112,513.30Surface Transforms (SCE)Director name: Bundred,DavidAmount sold: 84,975 @ 18.00pValue: £15,295.50Charles Taylor (CTR)Director name: Roach III,Joseph GAmount purchased: 2,164 @ 270.13pValue: £5,845.51

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