Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

TalkTalk non-exec spends £250,000

Mon, 23rd May 2011 15:19

Non-executive director Ian West has spent £250,000 on shares in the fixed line voice and broadband telecommunications company TalkTalk, it announced today.He took 181,700 shares at 137.58p a pop, taking his holding to 346,023 shares.The shares are lower than when he last took a stake in the company, buying 100,000 shares at 153.17p a time in February, the same month he was appointed to the TalkTalk board.Nevertheless, they picked up momentum after the company last week announced a rise in profits in the year to 31 March. Headline earnings before interest, tax, depreciation and amortisation (EBITDA) rose to £276m from £221m the previous year on revenues that climbed by £1.77bn from £1.69bn. TalkTalk, which was demerged from Carphone Warehouse, said average revenue per user in the fourth quarter rose to £25 a month from £23.60 in the previous quarter. Revenue will be broadly flat in 2012, the company said.TalkTalk, which was formed from the demerger of mobile phone retailer Carphone Warehouse, has 4.1m broadband customers.Prior to his appointment in February, West worked at the satellite broadcaster and broadband provider Sky, where he was in charge of subscriptions and with the telecoms group ntl. Top Director BuysTalkTalk Telecom Group (TALK) Director name: Mr Ian WestAmount purchased: 181,700 @ 137.58p Value: £249,983Royal Dutch Shell 'A' (RDSA) Director name: Mr Gerard KleisterleeAmount purchased: 5,000 @ 2,159.40p Value: £107,970Keller Group (KLR) Director name: Mr Ruth Cairnie Amount purchased: 6,000 @ 533.80p Value: £32,028Manganese Bronze Holdings (MNGS) Director name: Mr John RussellAmount purchased: 44,247 @ 56.50p Value: £25,000VinaLand Ltd. (VNL) Director name: Mr Robert Anthony Eagleson GordonAmount purchased: 27,000 @ $0.88 Value: $23,825VinaLand Ltd. (VNL) Director name: Mr Robert Anthony Eagleson GordonAmount purchased: 27,000 @ $0.88 Value: $23,825Top Director SellsStaffline Group (STAF) Director name: Mr Andy HogarthAmount sold: 1,000,000 @ 245.50p Value: £2,455,000Blinkx (BLNX) Director name: Dr Michael LynchAmount sold: 1,350,000 @ 139.99p Value: £1,889,865Staffline Group (STAF) Director name: Mr Marshall EvansAmount sold: 300,000 @ 245.50p Value: £736,500Blinkx (BLNX) Director name: Mr Suranga ChandratillakeAmount sold: 383,257 @ 137.85p Value: £528,320Babcock International Group (BAB) Director name: Mr Kevin ThomasAmount sold: 45,000 @ 670.00p Value: £301,500Sainsbury (J) (SBRY) Director name: Mr Darren M ShaplandAmount sold: 85,323 @ 342.11p Value: £291,899Royal Bank of Scotland Group (RBS) Director name: Mr Stephen HesterAmount sold: 417,095 @ 42.34p Value: £176,598

Related Shares

More News
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:

14 May 2024 10:11

LONDON BROKER RATINGS: DB and Berenberg raise Diploma price target

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

14 May 2024 07:55

UK confirms it will build six new warships for Royal Marines

LONDON, May 14 (Reuters) - British defence minister Grant Shapps said he would order up to six new warships for the Royal Marines, as the government...

13 May 2024 15:36

London close: Stocks take a breather after last week's surge

(Sharecast News) - London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning ...

7 May 2024 09:51

LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

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

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.