In amongst a flurry of deals linked to the company's incentive scheme, British Land (BLND) announced that its finance director, Lucinda Bell, had offloaded 55,000 shares at 784p apiece. She was joined a few days later by head of retail Charles Maudsley, who raised just under £400,000 by selling 50,000 shares in the FTSE 100 property developer.
These deals were completed ahead of a trading update that confirmed progress across a range of projects. These include London's landmark Leadenhall Building - the so-called "Cheesegrater" - where British Land has either let or received offers for 70 per cent of the floorspace. The company also said its Broadgate estate is now fully let, after office space provider WeWork took 62,000 square feet earlier this week.
Although there has been a marked slowdown in the top-end London housing market, the company continues to sell the flats in its Clarges development in Mayfair above valuation; sales at Clarges for the three quarters to Dec 31 totalled £259m.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
1pm | Ron Russell | 21 Jan 15 | 25,907 | 62.65 | 16,231 | 7,526,159 | 20.384 |
Aberdeen Asset Management | Richard Mully | 16 Jan 15 | 15,000 | 402.1 | 60,315 | 30,000 | 0.002 |
Avesco | Richard Murray (ch) | 16 Jan 15 | 113,000 | 120.36 | 136,007 | 5,721,211 | 29.989 |
Better Capital PCC | Jonathan Moulton | 16 Jan 15 | 2,853,677 | 70.09 | 2,000,000 | 38,615,582 | 18.675 |
BlueRock Diamonds | John Kilham | 16 Jan 15 | 100,000 | 11.5 | 11,500 | 250,000 | 0.793 |
British Smaller Companies VCT * | Helen Sinclair (ch) | 20 Jan 15 | 6,058 | 103.03 | 6,241 | 23,062 | 0.032 |
British Smaller Companies VCT * | PS Cammerman | 20 Jan 15 | 10,097 | 103.03 | 10,402 | 78,072 | 0.108 |
British Smaller Companies VCT 2 * | PC Waller | 20 Jan 15 | 9,251 | 67.32 | 6,227 | 35,230 | 0.050 |
British Smaller Companies VCT 2 * | RM Pettigrew | 20 Jan 15 | 9,258 | 67.32 | 6,232 | 68,017 | 0.097 |
CloudBuy | Lyn Duncan (ce) | 20 Jan 15 | 10,000 | 24.75 | 2,475 | 14,730,928 | 12.153 |
CloudBuy | Lyn Duncan (ce) | 21 Jan 15 | 10,000 | 26 | 2,600 | 14,740,928 | 12.161 |
Diageo † | Ivan Menezes (ce) | 20 Jan 15 | 123 | 1,794.92 | 2,208 | 715,117 | 0.028 |
Enteq Upstream | David Steel (fd) | 19 Jan 15 | 12,659 | 15.7 | 1,987 | 81,240 | 0.138 |
e-Therapeutics | Steve Medlicott (fd) | 21 Jan 15 | 150,000 | 25.25 | 37,875 | 250,000 | 0.095 |
Fidelity Special Values Ω | Nicky McCabe | 19 Jan 15 | 117 | 840.88 | 984 | 2,321 | 0.004 |
Finsbury Growth & Income Trust | JP Allard | 21 Jan 15 | 8,000 | 557.39 | 44,591 | 39,106 | 0.038 |
Fulcrum Utility Services | Stephen Gutteridge | 21 Jan 15 | 100,000 | 7.99 | 7,990 | 504,166 | 0.327 |
GlaxoSmithKline † | Dr MM Slaoui | 16 Jan 15 | 42 | 1,439.58 | 605 | 461,522 | 0.009 |
Kalimantan Gold Corp * | Stephen Hughes | 16 Jan 15 | 1,032,247 | 1.27 | 13,110 | 1,032,247 | 0.262 |
Kalimantan Gold Corp * | Dr. Peter Pollard (ch) | 16 Jan 15 | 206,449 | 1.27 | 2,622 | 408,501 | 0.103 |
KBC Advanced Technologies ♥ | Oliver Scott | 16 Jan 15 | 135,000 | 90.02 | 121,520 | 10,180,298 | 12.486 |
Lamprell Ω | John Kennedy (ch) | 19 Jan 15 | 22,977 | 100.48 | 23,087 | 87,416 | 0.026 |
Lamprell Ω | John Kennedy (ch) | 16 Jan 15 | 64,439 | 100.00 | 64,440 | 64,439 | 0.019 |
Lekoil | Gregory Eckersley | 21 Jan 15 | 45,000 | 22.75 | 10,238 | 2,798,050 | 0.771 |
London & Associated Properties Ω | AK Thapar (fd) | 15 Jan 15 | 53,675 | 37.75 | 20,262 | 150,047 | 0.176 |
London & Associated Properties Ω | JA Heller (ce) | 15 Jan 15 | 261,243 | 37.75 | 98,619 | 1,930,219 | 2.268 |
London & Associated Properties Ω | MA Heller (ch) | 15 Jan 15 | 132,452 | 37.75 | 50,001 | 6,553,541 | 7.700 |
Mirada | Jose Luis Vázquez (ce) | 21 Jan 15 | 40,000 | 12.75 | 5,100 | 2,163,008 | 1.896 |
Mirada | Matthew Earl | 21 Jan 15 | 40,000 | 12.125 | 4,850 | 99,000 | 0.087 |
Mithril Capital | Rodger Sargent | 20 Jan 15 | 675,000 | 4.5 | 30,375 | 5,425,000 | 4.230 |
Ncondezi Energy | Michael Haworth (ch) | 15 Jan 15 | 1,165,156 | 5.78 | 67,346 | 13,891,899 | 5.560 |
Ncondezi Energy Ω | Michael Haworth (ch) | 15 Jan 15 | 2,546,397 | 5.78 | 147,182 | 16,438,296 | 6.579 |
Northgate Ω | C Muir (fd) | 16 Jan 15 | 336 | 513 | 1,724 | 67,894 | 0.051 |
Northgate Ω | RL Contreras (ce) | 16 Jan 15 | 336 | 513 | 1,724 | 119,722 | 0.090 |
Ortac Resources * | Anthony Balme (ch) | 16 Jan 15 | 20,000,000 | 0.1 | 20,000 | 196,169,250 | 6.967 |
Ortac Resources * | David Paxton | 16 Jan 15 | 5,000,000 | 0.1 | 5,000 | 34,022,220 | 1.208 |
Ortac Resources * | Paul Heber | 16 Jan 15 | 5,000,000 | 0.1 | 5,000 | 10,000,000 | 0.355 |
Ortac Resources * | Vassilios Carellas (ce) | 16 Jan 15 | 5,000,000 | 0.1 | 5,000 | 40,391,175 | 1.435 |
Renew Holdings | Paul Scott | 15 Jan 15 | 5,000 | 286 | 14,300 | 5,000 | 0.008 |
Rosslyn Data Technologies | Hugh Cox | 20 Jan 15 | 38,838 | 18.07 | 7,018 | 9,545,000 | 12.651 |
SABMiller | GC Bible | 19 Jan 15 | 2,500 | 3,389.32 | 84,733 | 91,750 | 0.006 |
SABMiller Ω | GC Bible | 19 Jan 15 | 1,000 | 3,389.32 | 33,893 | 92,750 | 0.006 |
SVG Capital | Lynn Fordham (ce) | 15 Jan 15 | 41,500 | 420.78 | 174,622 | 483,815 | 0.253 |
Unicorn AIM VCT * | PF Dicks (ch) | 15 Jan 15 | 47,441 | 147.55 | 69,999 | 151,131 | 0.216 |
Utilitywise | Geoff Thompson (ce) | 15 Jan 15 | 102,000 | 246 | 250,920 | 8,290,101 | 11.097 |
Utilitywise | Jeremy Middleton | 15 Jan 15 | 40,000 | 246 | 98,400 | 1,833,956 | 2.455 |
Utilitywise | Richard Feigen (ch) | 15 Jan 15 | 2,008 | 244 | 4,900 | 68,675 | 0.092 |
Verona Pharma Ω | Stuart Bottomley | 19 Jan 15 | 1,000,000 | 1.5 | 15,000 | 20,000,000 | 1.980 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Arian Silver Corp | Anthony Williams (ch) | 21 Jan 15 | 135,000 | 36.80 | 49,674 | 85,000 | 0.251 |
Arian Silver Corp | Anthony Williams (ch) | 22 Jan 15 | 85,000 | 36.80 | 31,276 | 0.00 | 0.000 |
BlackRock Hedge Selector | Frank Le Feuvre | 16 Jan 15 | 20,000 | 135.26 | 27,052 | 80,000 | 0.385 |
British Land Co | Charles Maudsley | 19 Jan 15 | 50,000 | 797.43 | 398,716 | 163,677 | 0.016 |
British Land Co | Lucinda Bell (fd) | 14 Jan 15 | 55,000 | 784.25 | 431,336 | na | na |
China Nonferrous Gold | Abuali Ismatov | 16 Jan 15 | 485,000 | 28.55 | 138,468 | 6,615,000 | 1.733 |
Hilton Food | Robert Watson (ce) | 20 Jan 15 | 90,000 | 390 | 351,000 | 2,926,380 | 4.031 |
Lok'n Store | Andrew Jacobs (ce) | 15 Jan 15 | 4,400 | 238 | 10,472 | 5,249,600 | 20.366 |
Lok'n Store ♥ | Andrew Jacobs (ce) | 15 Jan 15 | 4,400 | 238 | 10,472 | 5,305,200 | 20.581 |
Renew Holdings ♥ | Brian May (ce) | 20 Jan 15 | 350,000 | 284 | 994,000 | 494,193 | 0.803 |
Shanta Gold | Luke Leslie | 20 Jan 15 | 3,260,000 | 10.64 | 346,701 | 0.00 | 0.000 |
Sports Direct International ♥ | Mike Ashley | 20 Jan 15 | 15,400,000 | 720 | 110,880,000 | 330,000,000 | 55.141 |
* placing/tender/open offer ♥ spouse/connected party Ω ISA/SIPP † depositary receipts |