Senior executives at Bwin.Party Digital Entertainment (BPTY) have gone on a spending spree in the wake of the group’s informal restructuring announcement. The company said last month it would make “fundamental changes” to its business model after soft poker markets and lost revenues from Greece hurt first-half trading. An exit from the Greek market, following a regulatory crackdown in the country, cost Bwin.Party nearly €12m in sales. What’s more, activist investor Spring Owl is ruffling the board’s feathers, arguing for a strategic break-up of the group’s assets.
But the management team evidently remains confident. Chief executive Norbert Teufelberger spent more than £205,000 on 250,000 new shares, while finance chief Martin Weigold bought 40,186 new shares for close to £35,000. Chairman Philip Yea also pitched in, snapping up 178,477 shares for just under £150,000 and non-executive director Helmut Kern took an initial stake of 60,000 shares for just over £55,000.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
AFH Financial Group PLC | T R S Denne (cio) | 29 Aug 14 | 166,666 | 150 | 249,999 | 434,411 | 2.25 |
Anglo American PLC† | J Thompson | 02 Sep 14 | 3,500 | 1,538.49 | 53,847 | 14,950 | 0.00 |
Artilium PLC* | B Weijermars (ceo) | 02 Sep 14 | 363,633 | 5.5 | 20,000 | 363,633 | 0.16 |
Artilium PLC* | J W Menke (ch) | 02 Sep 14 | 909,091 | 5.5 | 50,000 | 3,209,091 | 1.41 |
BHP Billiton PLC | L P Maxsted | 28 Aug 14 | 1,500 | 2,238.72 | 33,581 | 8,000 | 0.00 |
Bioquell PLC | N M T Adams (ce) | 02 Sep 14 | 15,000 | 95 | 14,250 | 1,000,843 | 2.36 |
British American Tobacco PLC† | Ann Godbehere | 02 Sep 14 | 670 | 3,553.99 | 23,812 | 3,577 | 0.00 |
British Sky Broadcasting Group PLC | A Griffith (cfo) | 01 Sep 14 | 26,993 | 881 | 237,808 | 144,896 | 0.01 |
British Sky Broadcasting Group PLC | J Darroch (ceo) | 01 Sep 14 | 57,419 | 881 | 505,861 | 469,114 | 0.03 |
bwin.party digital entertainment PLC | M Weigold (cfo) | 29 Aug 14 | 40,186 | 85.32 | 34,287 | 1,000,000 | 0.12 |
bwin.party digital entertainment PLC | H Kern | 03 Sep 14 | 60,000 | 92.42 | 55,452 | 60,000 | 0.01 |
bwin.party digital entertainment PLC | P E Yea (ch) | 29 Aug 14 | 178,477 | 84.029 | 149,972 | 261,857 | 0.03 |
bwin.party digital entertainment PLC | N Teufelberger (ceo) | 29 Aug 14 | 250,000 | 82.481 | 206,203 | 13,005,554 | 1.58 |
Chariot Oil & Gas Ltd* | G F Canjar (ch) | 29 Aug 14 | 57,513 | 15 | 8,627 | 216,513 | 0.08 |
Chariot Oil & Gas Ltd* | M K Taylor (tech) | 29 Aug 14 | 66,667 | 15 | 10,000 | 836,988 | 0.32 |
Chariot Oil & Gas Ltd* | M Reid (cfo) | 29 Aug 14 | 100,000 | 15 | 15,000 | 259,000 | 0.10 |
Chariot Oil & Gas Ltd* | Mr. L Bottomley (ceo) | 29 Aug 14 | 123,333 | 15 | 18,500 | 554,446 | 0.21 |
Chariot Oil & Gas Ltd* | Mr. W R Trojan | 29 Aug 14 | 191,813 | 15 | 28,772 | 191,813 | 0.07 |
Chariot Oil & Gas Ltd*♥ | A Pouroulis | 29 Aug 14 | 5,859,604 | 15 | 878,941 | 27,525,575 | 10.56 |
Charles Taylor PLC | E G Creasy | 29 Aug 14 | 4,291 | 233 | 9,998 | 4,291 | 0.01 |
easyJet PLC | K Hamill OBE | 28 Aug 14 | 2,600 | 1,358.96 | 35,333 | 4,560 | 0.00 |
Electrocomponents PLC | J Pattullo | 01 Sep 14 | 6,344 | 244.08 | 15,484 | 16,344 | 0.00 |
Energy Technique PLC | Mr. L A Stimpson | 03 Sep 14 | 3,143 | 315 | 9,900 | 172,654 | 7.22 |
Exova Group PLC | A G Langlands | 03 Sep 14 | 50,000 | 192.5 | 96,250 | 140,909 | 0.06 |
F&C Private Equity Trust PLC | M E Tennant (ch) | 03 Sep 14 | 5,165 | 221.08 | 11,419 | 5,165 | 0.01 |
Goals Soccer Centres PLC | P A Burks | 03 Sep 14 | 109,000 | 220 | 239,800 | 372,478 | 0.64 |
Greencore Group PLC | J T Herlihy | 29 Aug 14 | 10,000 | 266 | 26,600 | 10,000 | 0.00 |
Gresham Computing PLC♥ | M Royde | 29 Aug 14 | 60,000 | 117.11 | 70,268 | 5,973,154 | 9.45 |
Guinness Peat Group PLC | Ruth Anderson | 01 Sep 14 | 100,000 | 31.57 | 31,567 | 100,000 | 0.01 |
Guinness Peat Group PLC | M Clasper CBE (ch) | 01 Sep 14 | 620,000 | 31.57 | 195,759 | 1,490,000 | 0.11 |
Halma PLC | R M Twite | 03 Sep 14 | 2,000 | 641.5 | 12,830 | 2,000 | 0.00 |
HSBC Holdings PLC | J Rachel Lomax | 29 Aug 14 | 7,500 | 650.3 | 48,773 | 15,500 | 0.00 |
Invesco Asia Trust PLC | O Jonathan | 01 Sep 14 | 15,833 | 188.05 | 29,774 | 25,833 | 0.03 |
Johnston Press PLC | S van Rooyen | 02 Sep 14 | 133,797 | 4.1 | 5,486 | 488,395 | 0.01 |
Johnston Press PLC | Camilla A Rhodes | 02 Sep 14 | 155,754 | 4.1 | 6,386 | 1,137,342 | 0.02 |
Johnston Press PLC | A R Marshall | 02 Sep 14 | 201,137 | 4.1 | 8,247 | 1,991,872 | 0.04 |
Johnston Press PLC | K Aamot | 02 Sep 14 | 204,941 | 4.1 | 8,403 | 2,986,237 | 0.06 |
Johnston Press PLC | M A Pain | 02 Sep 14 | 208,610 | 4.1 | 8,553 | 1,707,401 | 0.03 |
Johnston Press PLC | I S M Russell CBE (ch) | 02 Sep 14 | 448,693 | 4.1 | 18,396 | 12,445,134 | 0.24 |
Legal & General Group PLC | J M Stewart (ch) | 01 Sep 14 | 3,216 | 240.593 | 7,737 | 304,870 | 0.01 |
Nord Gold NV | Mr. M Nossal | 02 Sep 14 | 40,000 | 150 | 60,000 | 40,000 | 0.01 |
Nostrum Oil & Gas PLC | Mr. P Everaert | 29 Aug 14 | 3,000 | 755.22 | 22,657 | 20,000 | 0.01 |
Outsourcery PLC* | Jane S Hall | 02 Sep 14 | 125,000 | 20 | 25,000 | 134,090 | 0.32 |
Outsourcery PLC* | K A Olisa OBE (ch) | 02 Sep 14 | 125,000 | 20 | 25,000 | 168,500 | 0.40 |
Outsourcery PLC* | A M Burton | 02 Sep 14 | 125,000 | 20 | 25,000 | 138,636 | 0.33 |
Outsourcery PLC* | J P D Linney (co-ceo) | 02 Sep 14 | 1,025,000 | 20 | 205,000 | 5,915,147 | 14.00 |
Outsourcery PLC* | S R Newton (co-ceo & cs) | 02 Sep 14 | 1,025,000 | 20 | 205,000 | 5,915,147 | 14.00 |
Phorm Corp Ltd*♥ | J M Roth | 28 Aug 14 | 13,244,444 | 9 | 1,192,000 | 38,789,444 | 5.99 |
Reed Elsevier PLC | N L Luff (cfo) | 01 Sep 14 | 17,187 | 996 | 171,183 | 17,187 | 0.00 |
SABMiller PLC | J P du Plessis | 01 Sep 14 | 30,000 | 3,312.5 | 993,750 | 30,000 | 0.00 |
Salamander Energy PLC | J G Menzies (ceo) | 28 Aug 14 | 50,000 | 105 | 52,500 | 2,750,097 | 1.06 |
Shanta Gold Ltd | M Houston (ceo) | 01 Sep 14 | 100,000 | 12.38 | 12,375 | 1,317,189 | 0.28 |
Shanta Gold Ltd | R A Fryer | 03 Sep 14 | 120,000 | 12.75 | 15,300 | 240,000 | 0.05 |
Standard Chartered PLC | Dr. B E Grote | 02 Sep 14 | 8,000 | 1,209.84 | 96,788 | 15,000 | 0.00 |
Symphony International Holdings Ltd | S B Chandiramani | 01 Sep 14 | 90,000 | 77.75 | 69,975 | 15,363,744 | 2.93 |
Symphony International Holdings Ltd | A Thadani | 01 Sep 14 | 120,000 | 77.75 | 93,300 | 55,936,950 | 10.68 |
Symphony International Holdings Ltd | S B Chandiramani | 03 Sep 14 | 360,000 | 78.15 | 281,322 | 15,723,744 | 3.00 |
Symphony International Holdings Ltd | A Thadani | 03 Sep 14 | 480,000 | 78.15 | 375,096 | 56,416,950 | 10.78 |
TT Electronics PLC | M J Baunton CBE | 29 Aug 14 | 8,837 | 169.8 | 15,005 | 81,554 | 0.05 |
UK Commercial Property Trust Ltd | K McCullagh | 28 Aug 14 | 40,000 | 80.5 | 32,200 | 40,000 | 0.00 |
Vislink PLC | I Davies (fd & cs) | 02 Sep 14 | 50,000 | 45.35 | 22,675 | 150,000 | 0.12 |
Vislink PLC | J E Hawkins (ch) | 02 Sep 14 | 95,157 | 47.29 | 45,000 | 309,279 | 0.25 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
AFH Financial Group PLC | A Hudson (ceo) | 29 Aug 14 | 206,666 | 150 | 309,999.00 | 7,575,700.00 | 39.22 |
Bank of Georgia Holdings PLC | M Kikoria | 28 Aug 14 | 20,000 | 2,474 | 494,800.00 | 103,000.00 | 0.30 |
Berendsen PLC | K Quinn (fd) | 03 Sep 14 | 15,000 | 1,084 | 162,600.00 | 202,880.00 | 0.12 |
Bodycote PLC | D F Landless (fd) | 01 Sep 14 | 5,000 | 704 | 35,200.00 | 500,493.00 | 0.26 |
British American Tobacco PLC | J B Stevens (fd & cio) | 29 Aug 14 | 33,000 | 3,544 | 1,169,520.00 | 59,874.00 | 0.00 |
Inchcape PLC♥ | J McConnell (gfd) | 02 Sep 14 | 25,400 | 671.4667 | 170,553.00 | 198,585.00 | 0.04 |
JPMorgan Smaller Companies Investment Trust PLC | I Coulson | 02 Sep 14 | 700 | 750.56 | 5,254.00 | 3,300.00 | 0.02 |
*Placing/subscription †ADRs ♥Spouse/connected party |