Prospects are on the up for Breedon Aggregates (BREE) as large-scale construction projects start to pick-up throughout the UK – not just in London and the South-East. Little wonder then that a trio of insiders - including chief executive Simon Vivian and chairman Peter Tom - picked up another 1.1m shares in aggregate for a total outlay of £429,000.
Their confidence in Breedon’s long-term prospects looks justified by the existing building short-fall in the UK housing market, combined with an expected upsurge in UK infrastructure activity. In fact, trading is already picking up: the Leicestershire-based firm recently revealed that it sold almost a third more aggregates in the first half than last year. The management team now intends to build capacity by identifying suitable takeover targets, including businesses that need to be offloaded by global sector giants Lafarge and Holcim if their proposed merger goes ahead. Mr Tom has already overseen a series of takeovers since reforming the business with the acquisition of the Ennstone group back in 2010.
| Buys | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Access Intelligence | Michael Jackson (ch) | 17 Jul 14 | 500,000 | 2.9 | 14,500 | 24,365,858 | 10.364 |
| Access Intelligence | Michael Jackson (ch) | 18 Jul 14 | 500,000 | 2.9 | 14,500 | 24,865,858 | 10.576 |
| Active Energy | Richard Spinks (ce) | 21 Jul 14 | 350,000 | 3 | 10,500 | 8,937,000 | 1.605 |
| Alkane Energy * | RS McDowell (ch) | 21 Jul 14 | 180,000 | 36 | 64,800 | 995,000 | 0.679 |
| Braveheart Investment | Trevor Brown | 21 Jul 14 | 1,425,000 | 11 | 156,750 | 3,958,855 | 15.303 |
| Braveheart Investment | Trevor Brown | 21 Jul 14 | 250,000 | 10.75 | 26,875 | 4,208,855 | 16.269 |
| Breedon Aggregates | David Warr | 17 Jul 14 | 500,000 | 39 | 195,000 | 5,555,556 | 0.547 |
| Breedon Aggregates | Simon Vivian (ce) | 17 Jul 14 | 250,000 | 39 | 97,500 | 16,524,371 | 1.627 |
| Breedon Aggregates | Peter Tom (ch) | 17 Jul 14 | 350,000 | 39 | 136,500 | 48,291,867 | 4.754 |
| Camco Clean Energy * | Scott McGregor (ce) | 23 Jul 14 | 728,559 | 4 | 29,142 | 4,970,151 | 2.019 |
| Camco Clean Energy * | Jonathan Marren (cfo) | 23 Jul 14 | 1,203,881 | 4 | 48,155 | 4,514,773 | 1.834 |
| Camco Clean Energy * | Dr Jeff Kenna (ch) | 23 Jul 14 | 124,495 | 4 | 4,980 | 2,162,325 | 0.879 |
| Chemring | Michael Flowers (ce) | 18 Jul 14 | 10,000 | 201.5 | 20,150 | 90,680 | 0.047 |
| Consort Medical | Andrew Hosty | 18 Jul 14 | 972 | 961.01 | 9,341 | 972 | 0.003 |
| Electra Private Equity | Josyane Gold | 18 Jul 14 | 500 | 2,446.28 | 12,231 | 500 | 0.001 |
| Elektron Technology * | Tony Harris | 18 Jul 14 | 70,000 | 5 | 3,500 | 80,000 | 0.043 |
| Elektron Technology * | Ric Piper | 18 Jul 14 | 54,333 | 5 | 2,717 | 380,333 | 0.204 |
| EU Supply * | Steffan Karlsson | 21 Jul 14 | 606,060 | 33 | 200,000 | 1,343,523 | 2.176 |
| Finsbury Growth & Income Trust | NA Collins | 18 Jul 14 | 1,700 | 503.2 | 8,554 | 29,486 | 0.031 |
| Finsbury Growth & Income Trust ♥ | NA Collins | 18 Jul 14 | 4,000 | 503.4 | 20,136 | 27,786 | 0.029 |
| Henderson EuroTrust | Nicola Ralston (ch) | 23 Jul 14 | 6,000 | 818.55 | 49,113 | 6,000 | 0.029 |
| IXICO | Charles Spicer | 21 Jul 14 | 19,267 | 51.9 | 10,000 | 62,078 | 0.415 |
| JPMorgan European Investment Trust | Jo Dixon | 22 Jul 14 | 7,000 | 220.996 | 15,470 | 7,000 | 0.007 |
| Kolar Gold | Nick Spencer (ce) | 23 Jul 14 | 340,000 | 3.12 | 10,608 | 2,103,569 | 1.979 |
| Land Securities | Cressida Hogg | 23 Jul 14 | 10,000 | 1,055 | 105,500 | 10,000 | 0.001 |
| Leyshon Energy | Kim Howell | 18 Jul 14 | 300,000 | 4.95 | 14,850 | 300,000 | 0.120 |
| Martin Currie Pacific Trust | H Wells (ch) | 22 Jul 14 | 5,000 | 282.25 | 14,113 | 15,000 | 0.039 |
| Martin Currie Pacific Trust ♥ | H Wells (ch) | 22 Jul 14 | 5,000 | 282.25 | 14,113 | 20,000 | 0.053 |
| Metal Tiger | Paul Johnson | 17 Jul 14 | 3,500,000 | 0.5 | 17,500 | 3,500,000 | 1.905 |
| Metal Tiger | Alex Borrelli (ch) | 17 Jul 14 | 2,500,000 | 0.5 | 12,500 | 4,900,000 | 2.667 |
| Minds + Machines | Michael Salazar (cfo) | 23 Jul 14 | 150,000 | 10.5 | 15,750 | 1,060,375 | 0.128 |
| North Midland Construction | Andrew Langman | 17 Jul 14 | 20,216 | 113.14 | 22,872 | 187,023 | 1.843 |
| Progility | John McIntosh (fd) | 17 Jul 14 | 120,000 | 8 | 9,600 | 120,000 | 0.060 |
| RM2 International SA | John Walsh (ce) | 17 Jul 14 | 1,000,000 | 61.625 | 616,250 | 21,052,680 | 6.543 |
| Scottish American Investment Co (The) | Lord Kerr of Kinlochard | 18 Jul 14 | 1,277 | 249.25 | 3,183 | 124,621 | 0.094 |
| Sinclair IS Pharma | Jean-Charles Tschudin | 17 Jul 14 | 500,000 | 30.75 | 153,750 | 2,500,117 | 0.503 |
| Sinclair IS Pharma | Stuart Swanson | 17 Jul 14 | 1,000,000 | 30.655 | 306,550 | 11,150,000 | 2.242 |
| SThree | Fiona MacLeod | 22 Jul 14 | 5,000 | 377.25 | 18,863 | 5,000 | 0.004 |
| Tracsis | John McArthur (ce) | 22 Jul 14 | 4,959 | 302.45 | 14,998 | 1,117,433 | 4.256 |
| TVC Holdings | John Tracey (ce) | 18 Jul 14 | 1,440,092 | 4.5 | 64,804 | 9,892,580 | 10.359 |
| TVC Holdings | John Tracey (ce) | 25 Jul 14 | 2,460,000 | 4.7 | 115,620 | 12,138,580 | 12.700 |
| TVC Holdings | David Doyle | 25 Jul 14 | 3,062,658 | 4.7 | 143,945 | 4,263,658 | 4.500 |
| Volution | Anthony Reading | 18 Jul 14 | 10,817 | 138.25 | 14,955 | 33,000 | 0.017 |
| Vp | Neil Stothard | 22 Jul 14 | 5,000 | 662.5 | 33,125 | 781,116 | 1.945 |
| Sells | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Character Group (The) | Jonathan Diver | 17 Jul 14 | 150,000 | 200 | 300,000 | 876,003 | 4.117 |
| GlaxoSmithKline | Sir Andrew Witty (ce) | 23 Jul 14 | 215 | 1,462.08 | 3,143 | 819,240 | 0.017 |
| GlaxoSmithKline ♥ | Sir Andrew Witty (ce) | 23 Jul 14 | 215 | 1,462.08 | 3,143 | 818,810 | 0.017 |
| GlaxoSmithKline ♥ | Sir Andrew Witty (ce) | 23 Jul 14 | 215 | 1,462.08 | 3,143 | 819,025 | 0.017 |
| North Midland Construction | Andrew Langman | 17 Jul 14 | 20,355 | 113 | 23,001 | 166,807 | 1.643 |
| * placing/tender/open offer ♥ spouse/connected party † depositary receipts | |||||||
