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Shire bosses buy up

Following the collapse of the deal with AbbVie (US:ABBV), Shire's directors are buying up stock in the speciality pharma group.
November 5, 2014

The appointment of Susan Kilsby as chairman in April might have served as a potential a clue for what was to come for speciality pharma group Shire (SHP). Ms Kilsby is a mergers expert. More specifically, she's an expert in defending against unwanted takeover bids - a problem Shire has had for many years.

IC TIP: Hold at 4,116p

Only weeks after taking up the job, Ms Kilsby found herself negotiating one of the biggest pharma deals this year, after US firm AbbVie (US:ABBV) announced its intention to buy Shire. But the takeover collapsed following changes to the US tax system.

In the wake of the failed deal, Ms Kilsby has demonstrated her confidence in Shire's future by snapping up 2,500 American Depository Shares (ADSs) for $194 (£120.50) apiece. She was joined by chief executive Flemming Ornskov, who bought 15,500 shares for £40.42 each.

 

Buys
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Aberforth Smaller Companies Trust P Trickett (ch)24 Oct 141,4501,035.8615,0203,9500.004
Altitude  Stephen Yapp (ch)29 Oct 14170,0001322,100170,0000.396
Amara Mining John McGloin (ch & ce)27 Oct 14178,03418.9733,7731,180,5790.359
Baron Oil Bill Colvin28 Oct 141,000,0001.717,0001,000,0000.073
Boot (Henry) Jonathan Sykes24 Oct 1410,000187.7118,77120,0000.015
Centrica Lesley Knox27 Oct 14689295.22,03410,818<0.001
CloudBuy Lyn Duncan (ce)28 Oct 1425,00037.29,30014,720,92812.276
CVS  Mike McCollum24 Oct 1430,000370111,00050,0000.085
Development Securities Marcus Shepherd (fd)23 Oct 1410,00019719,70060,3900.048
Europa Oil & Gas (Holdings) Phil Greenhalgh (fd)29 Oct 1450,0007.753,875437,6400.214
Europa Oil & Gas (Holdings) Colin Bousfield31 Oct 14100,0007.87,800100,0000.050
Fundsmith Emerging Equities Trust JS Spencer FCA27 Oct 142,0001,08121,6205,0000.026
GAME Digital Lesley Watkins27 Oct 143,000312.5159,3753,0000.002
GAME Digital Caspar Woolley27 Oct 145,000309.6315,4825,0000.003
Imaginatik *Simon Charles29 Oct 141,339,2855.675,0002,083,1823.302
JPMorgan Global Convertibles Income Fund LPC Taylor29 Oct 1471,326105.1574,99996,3260.045
JPMorgan Smaller Companies Investment Trust Frances Davies24 Oct 14809679.45,4968090.004
Kennedy Wilson Europe Real Estate *Mary Ricks23 Oct 1414,9401,006150,29680,9160.060
Kennedy Wilson Europe Real Estate *William McMorrow23 Oct 1414,9401,006150,29680,9160.060
Ladbrokes John Kelly27 Oct 1410,00011611,60028,0410.003
Ladbrokes Darren Shapland27 Oct 1410,000116.711,67035,0000.004
Ladbrokes David Martin27 Oct 1425,000117.329,32555,0000.006
Ladbrokes Peter Erskine (ch)24 Oct 1440,000119.7147,884158,0950.017
Lok'n Store  Charles Peal23 Oct 14150,000210315,000855,0003.371
Mothercare *Angela Brav27 Oct 143,6191254,5247,6410.005
Mothercare *Imelda Walsh27 Oct 143,6191254,5247,6410.005
Mothercare *Lee Ginsberg27 Oct 145,1301256,41310,8300.006
Mothercare *Amanda Mackenzie27 Oct 1423,18412528,98048,9440.029
Mothercare *Richard Rivers27 Oct 1433,28512541,60670,2690.042
Mothercare *Mark Newton-Jones (ce)27 Oct 1499,180125123,975209,3800.124
Mothercare *Matt Smith (cfo)27 Oct 143,7181254,6487,8500.005
Mothercare *Alan Parker (ch)27 Oct 14209,298125261,623441,8520.262
Mothercare * ♥Nick Wharton27 Oct 143,4561254,3207,2960.004
Northern Petroleum Keith Bush (ce)28 Oct 1435,00015.7955,528120,0000.126
Ocado  Ruth Anderson23 Oct 1410,000237.2423,72480,0000.013
Pittards Reg Hankey (ce)23 Oct 145,0001035,150175,0001.889
Plus500 Charles Fairbairn24 Oct 149,64451849,956174,8610.152
Qatar Investment Fund Leonard O'Brien29 Oct 1417,857139.47524,90643,9440.028
Quadrise Fuels International * ♥Jason Miles28 Oct 141,593,62631.375500,0002,230,6330.276
R E A Holdings M Parry24 Oct 142,2714049,17512,3590.035
R E A Holdings ♥ M Parry24 Oct 141,9634037,91114,3220.041
Robinson Richard Clothier (ch)24 Oct 145,0001748,70034,9760.213
SDL ♥Mark Lancaster (ce)24 Oct 1424,500349.885,7011,371,1371.694
Shire Dr. Flemming Ornskov (ce)24 Oct 1415,5004,042626,51037,5000.006
Shire †Susan Kilsby (ch)24 Oct 147,5004,044.03303,3029,1230.002
Sopheon Stuart Silcock27 Oct 141118,419.642,0262972.040
Sopheon Barry Mence (ch)27 Oct 143318,419.646,0782,06614.192
Standard Life Equity Income Trust JJ Tigue24 Oct 1425,238394.2599,50125,2380.062
StatPro  Mark Adorian27 Oct 1482,6007158,6462,956,1484.381
StatPro  Justin Wheatley (ce)27 Oct 1455,00074.540,9757,433,67211.016
Tangiers Petroleum *Stephen Staley27 Oct 144,166,6670.3282713,6784,166,6670.922
Tangiers Petroleum *Michael Evans (ch)27 Oct 144,166,6670.3282713,6785,166,6671.143
TR European Growth Trust Simona Heidempergher29 Oct 141,6004907,8401,6000.003
Unilever †Dr. B Grote29 Oct 145002,462.8312,3146,7000.001
Sells
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Alternative Networks ♥Edward Spurrier (ce)28 Oct 14357,1734151,482,2683,110,0006.431
Bioquell ♥C H B Mills23 Oct 148,0001078,56011,500,00027.102
Churchill China Andrew Roper23 Oct 1420,000540108,000642,4305.880
Lok'n Store  Simon Thomas (ch)23 Oct 14156,385210328,4092,000,0007.885
*Placing/tender/open offer ♥Spouse/connected party †Depositary receipts