Director Buys - Correction16 Aug 2013 16:12
I should also have mentioned that in addition to the 2 directors buys of 250.000 each, the CEO NC also took an additional 658,745 in the 10p placing bringing his holding to 2,715,120.
The major shareholders are now as follows:
Marilyn Cole - 3,255,212 - 17.33%
Neil Crabb - 2,715,120 - 14.45%
Hargreave Hale Ltd - 1,505,000 - 11.53%
Michael Steel Brennand - 1,203,443 - 6.41%
Sigma - ??? - 5.90%
Kevin Richmond - 750,000 - 3.99%
David Cairns - 620,000 - 3.30%
It is rare to get 3 directors buys in a small company in such a short space of time, the last time I saw this was in February with Coms which got me investing and look where their SP has gone.
2 years ago Arbuthnot had a 200p target price for FIPP so it could be a nice little recovery play.