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

Whitbread's Harrison takes a top-up

Mon, 18th Jul 2011 15:37

Whitbread's chief executive Andy Harrison has taken a top-up in the Costa Coffee and Premier Inn owner's shares, spending nearly £250,000.He took 16,095 shares at 1,543.6p a time and now has 177,768.Harrison's purchase comes the week after Whitbread reported a 9% rise in sales for the first quarter. Strong sales growth at Costa coffee shops helped the company to offset subdued activity in its restaurant division, which included Beefeater Grill and Brewers Fayre, to grow total sales by 9.2% in first quarter. The group said that the trading momentum during the 13 weeks to 2 June was consistent with the outlook at its full-year results, with like-for-like (LFL) sales up 1.7%, "although our business was adversely affected by the extended Easter and Royal Wedding holiday," said Harrison.Whitbread's focus on value has helped it prosper in the tough conditions seen in the past year. As a former chief executive of the budget airline easyJet, Harrison knows a thing or two about keeping prices low. He became boss of Whitbread last year.Top Director BuysHasgrove (HGV) Director name: Mr Jean-Leopold SchuybroekAmount purchased: 268,755 @ 87.72p Value: £235,752Whitbread (WTB) Director name: Mr Andy Harrison Amount purchased: 16,095 @ 1,543.60p Value: £248,442Electrocomponents (ECM) Director name: Mr Peter M JohnsonAmount purchased: 50,000 @ 234.50p Value: £117,250Serica Energy (SQZ) Director name: Mr Antony Craven WalkerAmount purchased: 265,763 @ 25.96p Value: £68,992Graphite Enterprise Trust (GPE) Director name: Ms Lucinda RichesAmount purchased: 10,000 @ 399.00p Value: £39,900Aberforth Smaller Companies Trust (ASL) Director name: Mr Hamish BuchanAmount purchased: 5,144 @ 697.50p Value: £35,879Serica Energy (SQZ) Director name: Mr Peter David SadlerAmount purchased: 50,000 @ 26.96p Value: £13,480Top Director SellsVinaCapital Vietnam Opportunity Fund Ltd. (VOF) Director name: Mr Horst J F GeickeAmount sold: 500,000 @ $1.53 Value: $765,000Sandvine Corp. (SAND) Director name: Mr Dave CaputoAmount sold: 17,800 @ 152.10p Value: £27,074Aberforth Smaller Companies Trust (ASL) Director name: Mr Hamish BuchanAmount sold: 5,144 @ 694.00p Value: £35,699

Related Shares

More News
1 Mar 2024 15:49

UK dividends calendar - next 7 days

1 Feb 2024 15:52

UK dividends calendar - next 7 days

24 Jan 2024 14:34

UK earnings, trading statements calendar - next 7 days

21 Dec 2023 21:52

IN BRIEF: Aberforth Smaller to enter closed period at year-end

Aberforth Smaller Cos Trust PLC - invests in UK smaller companies looking to outperform the Numis Smaller Cos Index - Says that starting December 31, ...

18 Aug 2023 15:46

UK dividends calendar - next 7 days

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.