Liontrust Asset Management (LIO) chief executive John Ions exercised an option on 200,000 shares on 1 August as part of an incentive plan. He sold these the same day at 243p per share, and on 7 August he followed this with the sale of a further 500,000 shares at 230p, worth almost £1.2m. That leaves him with about 900,000 shares. He was joined in the second transaction by chairman Adrian Collins, who sold 100,000 shares at 230p, taking his holding down to just above 400,000 shares.
That's despite signs that Liontrust's strong performance in the year to March, with adjusted pre-tax profits more than doubling to £8.4m, has been maintained in the first quarter of the new financial year. Net inflows were higher at £190m, and assets under management grew from £3.6bn to £3.8bn. Investment performance has been impressive, with seven out of the eight actively managed UK retail funds in the first quartile of their respective IMA sectors.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Capital Gearing Trust | Alastair Laing | 08 Aug 14 | 1,119 | 3,125.6 | 34,975 | 1,277 | 0.044 |
Diverse Income Trust (The) | Michael Wrobel (ch) | 12 Aug 14 | 10,000 | 78.55 | 7,855 | 200,000 | 0.062 |
Dunedin Income Growth Inv Trust | Peter Wolton | 11 Aug 14 | 3,417 | 261.74 | 8,944 | 26,630 | 0.018 |
Elementis | Ian Brindle | 08 Aug 14 | 1,726 | 275.47 | 4,755 | 32,898 | 0.007 |
Elementis ♥ | Ian Brindle | 08 Aug 14 | 3,616 | 275.47 | 9,961 | 36,514 | 0.008 |
Greencoat UK Wind | Kevin McCullough | 11 Aug 14 | 10,000 | 109.44 | 10,944 | 10,000 | 0.003 |
Gresham Computing ♥ | M Royde | 13 Aug 14 | 60,000 | 113.625 | 68,175 | 5,875,654 | 9.292 |
Gresham Computing ♥ | M Royde | 12 Aug 14 | 60,000 | 116.3333 | 69,800 | 5,815,654 | 9.197 |
Henderson | Angela Seymour-Jackson | 11 Aug 14 | 11,082 | 225.7 | 25,012 | 11,082 | <0.001 |
Henderson Value Trust | Graham Oldroyd | 07 Aug 14 | 6,074 | 245.585 | 14,917 | 6,074 | 0.013 |
Huntsworth | Lord Myners of Truro (ch) | 11 Aug 14 | 100,000 | 46 | 46,000 | 300,000 | 0.092 |
Imperial Tobacco | Mark Williamson (ch) | 11 Aug 14 | 3,955 | 2,501.23 | 98,924 | 7,403 | <0.001 |
International Personal Finance | Cathryn Riley | 07 Aug 14 | 4,681 | 533.999 | 24,996 | 14,795 | 0.006 |
Poundland | Teresa Colaianni | 07 Aug 14 | 15,723 | 317.5 | 49,921 | 15,723 | 0.006 |
PuriCore | Michael Ashton (ce) | 11 Aug 14 | 50,000 | 35 | 17,500 | 69,350 | 0.138 |
PuriCore | Michael Ashton (ce) | 11 Aug 14 | 100,000 | 39 | 39,000 | 169,350 | 0.338 |
Quarto Group (The) Inc | Michael Hartley | 12 Aug 14 | 3,000 | 142.5 | 4,275 | 5,000 | 0.025 |
Rolls-Royce Holdings | Sir Frank Chapman | 07 Aug 14 | 381 | 1,039.75 | 3,961 | 7,434 | <0.001 |
Rolls-Royce Holdings | John Neill | 07 Aug 14 | 306 | 1,039.75 | 3,182 | 43,551 | 0.002 |
Rolls-Royce Holdings | I Davis (ch) | 07 Aug 14 | 190 | 1,039.75 | 1,976 | 18,083 | <0.001 |
Savills | Liz Hewitt | 07 Aug 14 | 3,400 | 594.5 | 20,213 | 3,400 | 0.003 |
Scapa | James Wallace (ch) | 08 Aug 14 | 10,000 | 127.45 | 12,745 | 860,000 | 0.584 |
Small Companies Dividend Trust | William van Heesewijk | 07 Aug 14 | 3,000 | 165 | 4,950 | 85,000 | 0.514 |
Spirent Communications | Ian Brindle | 08 Aug 14 | 3,046 | 97.48 | 2,969 | 31,450 | 0.005 |
Spirent Communications ♥ | Ian Brindle | 08 Aug 14 | 6,946 | 97.23 | 6,754 | 38,396 | 0.006 |
SSE | Peter Lynas | 12 Aug 14 | 2,000 | 1,451.9 | 29,038 | 2,000 | <0.001 |
SVG Capital | Helen Mahy | 11 Aug 14 | 3,529 | 424.712 | 14,988 | 3,529 | 0.002 |
Sweett | DC Wilton | 07 Aug 14 | 5,000 | 35.13 | 1,757 | 45,334 | 0.066 |
Sweett | AC Lovell | 07 Aug 14 | 50,000 | 35.13 | 17,565 | 50,000 | 0.073 |
Sweett | J Dodds | 07 Aug 14 | 50,000 | 35.13 | 17,565 | 50,000 | 0.073 |
Sweett | PN Woollacott | 07 Aug 14 | 10,000 | 35.13 | 3,513 | 129,666 | 0.189 |
Sweett | K Berry | 07 Aug 14 | 25,000 | 35.13 | 8,783 | 4,515,285 | 6.574 |
Sweett | PMM Sinclair (cfo) | 07 Aug 14 | 12,500 | 35.13 | 4,391 | 52,263 | 0.076 |
Sweett | MJG Henderson (ch) | 07 Aug 14 | 25,000 | 35.13 | 8,783 | 548,030 | 0.798 |
Sweett | DR Pitcher | 07 Aug 14 | 25,000 | 35.13 | 8,783 | 2,054,648 | 2.992 |
Sweett ♥ | RS Mabey | 07 Aug 14 | 10,000 | 35.13 | 3,513 | 370,210 | 0.539 |
Sweett ♥ | DL Webster (ce) | 07 Aug 14 | 10,000 | 35.13 | 3,513 | 1,105,338 | 1.609 |
Telecity | Michael Tobin (ce) | 08 Aug 14 | 890 | 729.38 | 6,491 | 696,000 | 0.343 |
Telford Homes | James Furlong | 08 Aug 14 | 10,000 | 265 | 26,500 | 1,311,860 | 2.202 |
Tungsten Corp | L Jopp (coo) | 08 Aug 14 | 13,778 | 301.8 | 41,582 | 22,498 | 0.022 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Advanced Computer Software | Michael Jackson | 07 Aug 14 | 1,072,884 | 116.25 | 1,247,228 | 0 | 0 |
Imperial Innovations | Prof David H Begg | 13 Aug 14 | 3,000 | 450.83 | 13,525 | 18,319 | 0.013 |
Liontrust Asset Management | Jos Ions (ce) | 07 Aug 14 | 500,000 | 230 | 1,150,000 | 905,180 | 1.991 |
Liontrust Asset Management | Adrian Collins (ch) | 07 Aug 14 | 100,000 | 230 | 230,000 | 403,998 | 0.888 |
SVG Capital ♥ | Lynn Fordham (ce) | 12 Aug 14 | 35,000 | 426.649 | 149,327 | 478,209 | 0.228 |
Whitbread | Christopher Rogers | 13 Aug 14 | 25,214 | 4,199.71 | 1,058,915 | 75,000 | 0.041 |
* placing/tender/open offer ♥ spouse/connected party † depositary receipts |