Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Stobart's Alan Kelsey jumps aboard

Wed, 08th Jun 2011 15:38

New Stobart director Alan Kelsey has wasted no time opening his account with the logistics giant, spending nearly £77,000 on shares.He took 55,000 shares at just under 140p a time.Kelsey, 62, joined Stobart last month. He has been corporate development director at the rail and bus group National Express and a director at PD Ports, which operates ports at Hartlepool and on the Isle of Wight.Stobart is best known for its iconic Eddie Stobart trucks, but also operates ports and Southend Airport in Essex.The company reported annual results last month. Revenue topped the half billion pounds mark but underlying profits at the logistics firm eased a tad in a year characterised by a tough operating environment. "These results are largely due to the ongoing strength of our transport and distribution business, significant new business wins and tight cost control," said Andrew Tinkler, Stobart's chief executive officer. Tinkler added that the figures were in line with management's expectations.The final dividend of 4p took the full year pay-out to 6.0p, a tenth of a penny lower than the market had been expecting, and unchanged from last year.Top Director BuysBurberry Group (BRBY) Director name: Ms Angela AhrendtsAmount purchased: 71,558 @ 1,318.89p Value: £943,771Burberry Group (BRBY) Director name: Ms Stacey CartwrightAmount purchased: 31,171 @ 1,318.89p Value: £411,111Lowland Investment Co (LWI) Director name: Mr Robert RobertsonAmount purchased: 9,400 @ 884.50p Value: £83,143Stobart Group Ltd. (STOB) Director name: Mr Alan H M KelseyAmount purchased: 55,500 @ 137.93p Value: £76,551Rolls-Royce Group (RR.) Director name: Mr John NeillAmount purchased: 10,000 @ 624.38p Value: £62,438Kofax (KFX) Director name: Mr Christopher J ConwayAmount purchased: 10,000 @ 485.00p Value: £48,500Douglasbay Capital (DBAY) Director name: Mr Alistair BoydAmount purchased: 120,000 @ 16.12p Value: £19,344Telit Communications (TCM) Director name: Mr Oozi CatsAmount purchased: 20,000 @ 85.00p Value: £17,000Top Director SellsBurberry Group (BRBY) Director name: Ms Angela AhrendtsAmount sold: 416,086 @ 1,318.24p Value: £5,485,012Burberry Group (BRBY) Director name: Ms Stacey CartwrightAmount sold: 185,036 @ 1,318.24p Value: £2,439,219Burberry Group (BRBY) Director name: Ms Angela AhrendtsAmount sold: 135,434 @ 1,318.24p Value: £1,785,345Anglo American (AAL) Director name: Mr Rene MedoriAmount sold: 15,000 @ 3,000.17p Value: £450,026Telit Communications (TCM) Director name: Mr Alexander SatorAmount sold: 336,000 @ 96.00p Value: £322,560Frenkel Topping Group (FEN) Director name: Mr Richard FraserAmount sold: 667,640 @ 13.50p Value: £90,131

Related Shares

More News
28 May 2024 09:36

LONDON BROKER RATINGS: RBC likes M&S; Goldman cuts Fevertree to 'sell'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday:

22 May 2024 09:53

LONDON BROKER RATINGS: Barclays cuts NextEnergy but lifts JLEN

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:

21 May 2024 10:00

LONDON BROKER RATINGS: UBS lifts Schroders; Barclays likes Wise

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday:

21 May 2024 07:52

LONDON BRIEFING: AstraZeneca plots "new era of growth"; SSP confident

(Alliance News) - London's FTSE 100 is called to open lower on Tuesday, following a mixed close in New York overnight, and tepid trade in Asia.

17 May 2024 18:55

TRADING UPDATES: PetroTal buys Peru's Block 131 for USD5.0 million

(Alliance News) - The following is a round-up of updates by London-listed companies, issued last week Wednesday and not separately reported by Allianc...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.