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Cambria director sells shares to build house

A Cambria board member has recently sold several thousand pounds worth of shares to build a house.
September 18, 2014

With Britain facing a chronic housing shortage, what better way to help out than to splash the cash by building a new home from scratch. That's what Sir Peter Burt, a non-executive director on the board of Cambria Automobiles (CAMB) is doing. To fund the venture, Sir Peter has sold 850,000 shares in the posh car retailer at 51p apiece, generating £433,500.

IC TIP: Buy at 53p

However, he and his relatives still have a significant interest in Cambria. Personally, Sir Peter retains 1,046, 950 shares in the company, or just over 1 per cent of the total stock. And the Burt Concert Party, a group made up of Sir Peter's shares and those of his family members, owns 4,303,272 shares in total, representing 4.3 per cent of the issued share capital.

Business shows every sign of booming. Cambria's financial year ended in August, and the company is set to report in November, but thanks to a trading update earlier this month we know what to expect. Full-year results will be ahead of analysts' forecasts, with new car volumes up 16 per cent - well ahead of the wider market. The newly acquired Land Rover and Jaguar businesses in Barnet are being successfully integrated and are expected to make a "considerable" contribution to the 2014-15 financial year.

Buys       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
AFH Financial Group PLCML Chambers05-Sep-14            20,000 150.00              30,000             20,000 0.10
Amara Mining PLCJ McGloin (ch & ceo)09-Sep-14          130,639 22.75              29,720         1,002,599 0.30
Amara Mining PLCMr. PAS Gardner (cfo)09-Sep-14          100,000 22.92              22,920           855,109 0.26
Amara Mining PLCThe Right Honourable P G Hain MP04-Sep-14            28,726 24.19                6,949           141,806 0.04
Anpario PLCKaren L Prior (gfd & cs)10-Sep-14            12,000 257.00              30,840             64,751 0.33
Baron Oil PLCR Berends (ch)10-Sep-14        2,000,000 1.85              37,000       40,333,335 2.93
Biofrontera AGMr. T Schaffer (cfo)04-Sep-14              2,000 185.35                3,707             10,088 0.05
Biofrontera AGMr. T Schaffer (cfo)04-Sep-14              1,500 187.50                2,813             11,588 0.05
BP PLCB Gilvary (cfo)05-Sep-14            50,000 466.64            233,318           544,931 0.00
Brewin Dolphin Holdings PLCMs. Caroline Taylor09-Sep-14              2,500 275.68                6,892               2,500 0.00
bwin.party digital entertainment PLCSylvia Coleman04-Sep-14            75,000 94.59              70,943             75,000 0.01
Canaccord Genuity Group IncMr. MD Harris08-Sep-14                 500 745.34                3,727             79,700 0.08
Carr's Milling Industries PLCT Davies (ceo)05-Sep-14              1,000        1,617.00               16,170               2,000 0.02
CLS Holdings PLCMr. L Sten10-Sep-14              2,971        1,329.00               39,485               2,971 0.01
CRH PLCN Hartery (ch)08-Sep-14            10,800        1,461.33             157,824             12,253 0.00
Daily Internet PLCMr. JM Edelson (ch)09-Sep-14      13,698,630 1.83            250,000       21,265,296 4.73
Dart Group PLCMAS Laurence08-Sep-14            25,000 219.83              54,957           200,000 0.14
Diploma PLCI Henderson (coo)08-Sep-14              9,000 656.00              59,040           559,727 0.49
Dods Group PLCMs. Cheryl C Jones09-Sep-14          500,000 5.00              25,000         2,100,000 0.62
ECR Minerals PLCR A Watts08-Sep-14        1,000,000 0.24                2,380       14,250,000 0.44
ECR Minerals PLCMr. P Johnson (ch)08-Sep-14        1,000,000 0.23                2,314       28,947,810 0.89
ECR Minerals PLCMr. S J Clayson (ceo)05-Sep-14          500,000 0.23                1,150       18,734,890 0.57
Edinburgh Investment Trust (The) PLCG Suarez09-Sep-14              5,000 604.50              30,225               7,000 0.00
Helius Energy PLC*AEH Salvesen CBE04-Sep-14        4,500,000 7.00            315,000       51,654,045 26.45
Helius Energy PLC*AF Macdonald OBE04-Sep-14        2,857,143 7.00            200,000       35,214,917 18.03
Helius Energy PLC*CM Corner04-Sep-14          357,143 7.00              25,000         5,915,385 3.03
Helius Energy PLC*JM Seed (ch)04-Sep-14          357,143 7.00              25,000         3,634,616 1.86
Helius Energy PLC*WJI Hill (coo & cs)04-Sep-14          142,857 7.00              10,000         1,027,857 0.53
Helius Energy PLC*Dr AC Bowles (ceo)04-Sep-14          107,143 7.00                7,500         2,134,616 1.09
Helius Energy PLC*A G Lyons (fd)04-Sep-14          100,000 7.00                7,000           103,000 0.05
Intu Properties PLC♥RM Gordon08-Sep-14              5,000 343.00              17,150         6,994,818 0.53
ITM Power PLCSir Roger Bone KCMG05-Sep-14            38,250 25.90                9,907             38,250 0.02
Latham (James) PLCMr. Meryl A Bushell09-Sep-14              1,000 499.00                4,990               4,400 0.02
Lenta LtdJ Oliver (ch)08-Sep-14            15,000        1,195.00             179,250           625,000 0.73
Lenta LtdJ Oliver (ch)04-Sep-14            10,000        1,173.00             117,300           610,000 0.71
McKay Securities PLCMr. DO Thomas (ch)10-Sep-14            13,523 206.44              27,917           136,536 0.15
Menzies (John) PLCIJG Napier (ch)08-Sep-14              2,000 598.02              11,960               7,000 0.01
Nature Group PLCP Snell10-Sep-14            25,000 22.40                5,600           700,000 0.88
Nature Group PLCNDA Sandy (ch)10-Sep-14            25,000 21.50                5,375           375,500 0.47
NetPlay TV PLCAC Lapping10-Sep-14          200,000 10.86              21,725         2,693,684 0.91
NetPlay TV PLC♥AC Lapping10-Sep-14          200,000 10.86              21,725         2,893,684 0.98
Nostrum Oil & Gas PLCSir Christopher Codrington Bt09-Sep-14              1,292 766.91                9,908               1,292 0.00
RSA Insurance Group PLCSAM Hester (ceo)08-Sep-14            21,500 466.40            100,276             21,500 0.00
SafeCharge International Group LtdTS Mickley (cfo)10-Sep-14            11,100 224.75              24,947             11,100 0.01
Scholium Group PLCMr. CAL Sebag-Montefiore05-Sep-14            10,000 81.00                8,100             20,000 0.15
Smart Metering Systems PLC♥PB Dollman (ch)09-Sep-14            10,000 377.00              37,700             10,000 0.01
Smart Metering Systems PLC♥Miriam V Greenwood OBE DL09-Sep-14            10,000 372.50              37,250             10,000 0.01
Stadium Group PLCC Peppiatt (ceo)10-Sep-14            30,000 100.00              30,000             45,000 0.14
Stadium Group PLCJoanne E Estell (fd &cs)10-Sep-14              5,500 100.00                5,500             15,500 0.05
Standard Life PLCP Danon04-Sep-14            16,400 409.00              67,076             54,627 0.00
Standard Life PLCJGH Paynter08-Sep-14              5,000 401.70              20,085             50,000 0.00
Synety Group PLCMr. PJ Williams (cfo)09-Sep-14              2,283 218.45                4,987             39,514 0.47
Synety Group PLCMJK Seemann (ceo)09-Sep-14                 524 219.00                1,148           876,077 10.40
Tracsis PLCMr. C Cole (ch)10-Sep-14              7,000 364.00              25,480               7,000 0.03
Tungsten Corp PLC*♥E Truell (ceo)09-Sep-14          524,742          34,000       178,412,280       15,392,426 14.87
Tungsten Corp PLC*Mr. MA Spencer09-Sep-14          111,400          34,000         37,876,000         1,941,885 1.88
Tungsten Corp PLC*D Truell09-Sep-14            14,118          34,000          4,800,120           414,118 0.40
Tungsten Corp PLC*P Ashdown09-Sep-14              7,059          34,000          2,400,060           207,059 0.20
Tungsten Corp PLC*P Kiernan09-Sep-14              6,212          34,000          2,112,080           182,199 0.18

Sells       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
AFH Financial Group PLCMr. A Hudson (ceo)05-Sep-14            20,000 150.00              30,000         7,555,700 39.12
Bank of Georgia Holdings PLCS Gvalia08-Sep-14              7,654        2,551.00             195,254           135,522 0.39
Bankers Petroleum LtdMr. R Cross (ch)09-Sep-14          100,000 362.25            362,252           200,000 0.08
Cambria Automobiles PLCSir Peter Burt08-Sep-14          850,000 51.00            433,500         1,046,950 1.05
Diploma PLCI Henderson (coo)08-Sep-14              9,000 656.00              59,040           550,727 0.49
Euromoney Institutional Investor PLCDiane E Alfano08-Sep-14              5,000        1,117.00               55,850             78,006 0.06
Hays PLCMr. AR Cox (ceo)09-Sep-14          178,793 129.21            231,018         2,946,979 0.21
Hays PLCP Venables (gfd)09-Sep-14          130,511 129.21            168,633         1,968,151 0.14
Hyder Consulting PLC†♥I Catto (ceo)05-Sep-14          156,435 730.00         1,141,976             14,170 0.04
Hyder Consulting PLC†R Down (fd)05-Sep-14            41,884 730.00            305,753               3,116 0.01
Hyder Consulting PLC†J Hume (ch)05-Sep-14            10,000 730.00              73,000                    -   0.00
Hyder Consulting PLC†Mr. K Taylor05-Sep-14              7,490 730.00              54,677                    -   0.00
Park Group PLCPR Johnson (ch)10-Sep-14          175,000 60.00            105,000       50,546,066 25.92
Young & Co's Brewery PLCP Dardis05-Sep-14              7,395 972.89              71,945         1,165,900 4.00
Young & Co's Brewery PLC♥TCF Sligo-Young09-Sep-14              2,000 720.00              14,400         1,419,778 4.85
Young & Co's Brewery PLCTCF Sligo-Young09-Sep-14              2,000 720.00              14,400         1,421,778 4.85
*Placing/tender/open offer ♥Spouse/connected party †In respect of voting rights held indirectly by ARCADIS N.V