Carpetright's (CPR) chairman, Lord Harris, has sold £13.3m worth of shares in the struggling floorings specialist, citing personal financial reasons - although he still owns nearly 11 per cent of the company.
The move follows a turbulent year for Carpetright. The retailer has struggled to stem falling sales and has also endured a number of board changes. This time last year, Lord Harris stepped back into the role of executive chairman after former chief executive Darren Shapland resigned. It was then announced that Lord Harris would hand over all executive responsibilities to the newly appointed chief executive Wilf Walsh in July, and become non-executive chairman with a view to retiring from the board after September's AGM. However, the search for a new chairman is ongoing, and Lord Harris has had to stay on in the role. Hopefully, Mr Walsh will be a success and the 72-year-old Lord won't need to be parachuted in again. "I have been planning a managed hand-over of my responsibilities for some time. I am delighted that Mr Walsh has agreed to join Carpetright as chief executive and am confident that I will be leaving the business in safe hands," he said.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Aberdeen Asian Income Fund | C Clarke | 11 Sep 14 | 49,250 | 213.00 | 104,903 | 60,000 | 0.03 |
Aberforth Smaller Companies Trust | Ms. Paula Hay-Plumb | 16 Sep 14 | 300 | 1020.00 | 3,060 | 800 | 0.00 |
Anglo Pacific Group | Mr. M Potter (cio) | 11 Sep 14 | 18,719 | 162.00 | 30,325 | 100,000 | 0.09 |
Armadale Capital | J L G Lewis | 12 Sep 14 | 10,000,000 | 0.09 | 8,770 | 93,000,000 | 2.54 |
Ashmore Group | C Outhwaite | 12 Sep 14 | 6,000 | 327.28 | 19,637 | 46,000 | 0.01 |
AVEVA Group | P S Aiken (ch) | 16 Sep 14 | 600 | 1540.00 | 9,240 | 1,537 | 0.00 |
AVEVA Group | Jennifer Allerton | 16 Sep 14 | 1,000 | 1541.00 | 15,410 | 3,000 | 0.00 |
AVEVA Group | Mr. J Brooks | 16 Sep 14 | 1,500 | 1544.00 | 23,160 | 1,500 | 0.00 |
Bankers Petroleum | Mr. D French (p & ceo) | 11 Sep 14 | 28,500 | 354.28 | 100,971 | 168,719 | 0.06 |
Cape | M J Speakman (cfo) | 17 Sep 14 | 8,708 | 287.07 | 24,998 | 44,060 | 0.04 |
Cape♥ | J M Oatley (ceo) | 17 Sep 14 | 7,000 | 286.28 | 20,040 | 62,000 | 0.05 |
Carr's Milling Industries | N Austin (fd) | 11 Sep 14 | 1,000 | 1630.00 | 16,300 | 2,000 | 0.02 |
Charlemagne Capital | M Baer (ch) | 17 Sep 14 | 300,000 | 14.38 | 43,125 | 800,000 | 0.28 |
Charlemagne Capital | Jayne A Sutcliffe (ce) | 17 Sep 14 | 200,000 | 14.50 | 29,000 | 31,708,519 | 10.96 |
Compass Group | Ms. Carol Arrowsmith | 11 Sep 14 | 4,035 | 985.99 | 39,785 | 4,035 | 0.00 |
Corac Group | P Cartmell (ceo) | 15 Sep 14 | 158,800 | 6.25 | 9,925 | 1,896,720 | 0.45 |
Corac Group | Mr. R W King (ch) | 15 Sep 14 | 165,000 | 6.20 | 10,230 | 605,476 | 0.14 |
Enteq Upstream | D M Steel (fd & cs) | 12 Sep 14 | 20,000 | 32.70 | 6,540 | 68,581 | 0.12 |
Enteq Upstream | M Perry (ceo) | 12 Sep 14 | 50,000 | 32.70 | 16,350 | 958,802 | 1.63 |
Eurasia Mining | D Suschov | 11 Sep 14 | 18,750,000 | 0.48 | 90,000 | 253,250,000 | 24.42 |
Gable Holdings | M B V Hirschfield (gfd) | 11 Sep 14 | 13,150 | 75.25 | 9,895 | 368,150 | 0.27 |
Gable Holdings | J Pilgrim | 12 Sep 14 | 30,000 | 74.00 | 22,200 | 30,000 | 0.02 |
Gable Holdings | W Dewsall (ce) | 11 Sep 14 | 100,000 | 75.50 | 75,500 | 24,639,467 | 18.21 |
Grainger♥ | M Greenwood (fd) | 17 Sep 14 | 10,121 | 194.03 | 19,638 | 274,335 | 0.07 |
Henderson EuroTrust | D J Marsh CBE | 11 Sep 14 | 4,073 | 803.66 | 32,733 | 4,073 | 0.02 |
Hogg Robinson Group | D J C Radcliffe (gce) | 12 Sep 14 | 25,000 | 50.75 | 12,688 | 2,453,062 | 0.76 |
Hydrogen Group♥ | T Smeaton (ceo) | 16 Sep 14 | 35,000 | 88.00 | 30,800 | 2,863,677 | 12.01 |
IFG Group | J Cotter (gfd) | 12 Sep 14 | 50,000 | 164.00 | 82,000 | 50,000 | 0.05 |
IFG Group | Mr. P McNamara (gceo) | 12 Sep 14 | 100,000 | 164.00 | 164,000 | 100,000 | 0.10 |
Immedia Group | G Howard-Spink (ch) | 17 Sep 14 | 34,200 | 14.39 | 4,921 | 447,280 | 3.07 |
International Personal Finance | Edyta Kurek | 15 Sep 14 | 2,092 | 510.50 | 10,680 | 3,879 | 0.00 |
Intu Properties♥ | R M Gordon | 16 Sep 14 | 5,000 | 334.00 | 16,700 | 6,999,818 | 0.53 |
John Laing Infrastructure Fund♥ | P J Lester CBE (ch) | 12 Sep 14 | 19,379 | 116.00 | 22,480 | 139,379 | 0.02 |
Kalibrate Technologies | N Davis | 16 Sep 14 | 25,000 | 122.10 | 30,525 | 25,000 | 0.08 |
Lombard Risk Management | Mr. N J Gurney (cfo) | 15 Sep 14 | 110,000 | 13.50 | 14,850 | 110,000 | 0.04 |
Low & Bonar | M C Flower (ch) | 12 Sep 14 | 75,000 | 65.50 | 49,125 | 556,912 | 0.17 |
Low & Bonar | Mr. B Simpson (gceo) | 12 Sep 14 | 75,000 | 65.50 | 49,125 | 75,000 | 0.02 |
McBride | C D Bull (ceo) | 15 Sep 14 | 20,000 | 89.00 | 17,800 | 360,000 | 0.20 |
Nature Group | Mr. J F Vesseur | 15 Sep 14 | 20,000 | 21.65 | 4,330 | 20,000 | 0.03 |
NetPlay TV | A Kumar (gfd &cs) | 12 Sep 14 | 83,333 | 11.00 | 9,167 | 310,400 | 0.10 |
Paragon Entertainment | M C Pyrah | 15 Sep 14 | 991,038 | 2.60 | 25,767 | 22,214,594 | 11.84 |
Petrofac | T P Weller (cfo) | 16 Sep 14 | 20,000 | 1,033.03 | 206,606 | 77,068 | 0.02 |
Pets at Home Group | Mr. P Moody | 11 Sep 14 | 27,470 | 179.25 | 49,240 | 27,470 | 0.01 |
ProPhotonix | T P Losik (ceo) | 16 Sep 14 | 47,200 | 2.88 | 1,358 | 197,200 | 0.24 |
Sefton Resources* | Dr. K A Morris | 17 Sep 14 | 10,883,840 | 0.17 | 18,503 | 19,549,671 | 2.15 |
Sefton Resources* | M R Smith | 17 Sep 4 | 10,883,840 | 0.17 | 18,503 | 23,317,895 | 2.56 |
Sefton Resources* | T G Milne | 17 Sep 14 | 10,883,840 | 0.17 | 18,503 | 20,960,581 | 2.30 |
SpaceandPeople | G Dunlay (cfo & cs) | 11 Sep 14 | 10,000 | 46.00 | 4,600 | 10,000 | 0.05 |
SpaceandPeople | G Watt | 11 Sep 14 | 25,000 | 47.00 | 11,750 | 25,000 | 0.13 |
SQS Software Quality Systems♥ | Mr. D W Bellin (ch) | 17 Sep 14 | 2,800 | 570.00 | 15,960 | 2,800 | 0.01 |
SQS Software Quality Systems♥ | Mr. D W Bellin (ch) | 17 Sep 14 | 2,800 | 570.00 | 15,960 | 5,600 | 0.02 |
Volex | D Morris | 12 Sep 14 | 30,000 | 88.40 | 26,520 | 120,909 | 0.13 |
Zotefoams* | R J Clowes | 17 Sep 14 | 4,000 | 220.00 | 8,800 | 44,000 | 0.10 |
Zotefoams* | N G Howard (ch) | 17 Sep 14 | 6,300 | 220.00 | 13,860 | 69,300 | 0.16 |
Zotefoams* | Ms. Marie-Louise Clayton | 17 Sep 14 | 11,800 | 220.00 | 25,960 | 29,800 | 0.07 |
Zotefoams* | D B Stirling (md) | 17 Sep 14 | 15,000 | 220.00 | 33,000 | 335,233 | 0.77 |
Zotefoams* | C G Hurst (fd) | 17 Sep 14 | 18,636 | 220.00 | 40,999 | 292,558 | 0.67 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Al Noor Hospitals Group♥ | F b J Alfalasi/Mr K H Hasan | 11 Sep 14 | 8,516,612 | 1030.00 | 87,721,104 | 23,373,242 | 20.00 |
Bank of Georgia Holdings | M Gomarteli | 11 Sep 14 | 13,549 | 2,372.00 | 321,382 | 30,851 | 0.09 |
Carpetright | Rt Hon Lord Harris (ch) | 12 Sep 14 | 500,000 | 430.00 | 2,150,000 | 9,762,837 | 14.40 |
Carpetright♥ | Rt Hon Lord Harris (ch) | 12 Sep 14 | 2,600,000 | 430.00 | 11,180,000 | 7,162,837 | 10.57 |
First Quantum Minerals | M R Rowley | 16 Sep 14 | 24,370 | 1409.78 | 343,563 | 20,005 | 0.00 |
Optimal Payments | K Butcher (cfo) | 12 Sep 14 | 64,000 | 525.10 | 336,064 | 80,624 | 0.05 |
Park Group♥ | P R Johnson (ch) | 17 Sep 14 | 5,000,000 | 52.00 | 2,600,000 | 45,546,066 | 23.36 |
Quintain Estates & Development | N J Kempner | 11 Sep 14 | 100,000 | 86.00 | 86,000 | 2,667,738 | 0.51 |
Quintain Estates & Development | N J Kempner | 12 Sep 14 | 1,650,000 | 85.32 | 1,407,780 | 1,017,738 | 0.19 |
Seeing Machines Ltd | M G Roberts | 15 Sep 14 | 8,500,000 | 6.22 | 528,700 | 4,995,376 | 0.61 |
Versarien* | Mr. W Battrick (cto) | 16 Sep 14 | 375,000 | 29.50 | 110,625 | 7,625,000 | 7.23 |
Versarien* | N G Ricketts (ceo) | 16 Sep 14 | 750,000 | 29.50 | 221,250 | 15,250,000 | 14.47 |
* placing/tender/open offer ♥ spouse/connected party |