At first glance it might seem alarming that a Lookers (LOOK) board member has offloaded 10m shares in the car retailer. But investors shouldn't fear: the man behind the sale, Tony Bramall, remains the largest shareholder in Lookers, owning a 16 per cent slice of the company, which clearly shows he's committed to the business. What's more, it was actually his family vehicle that sold off the shares, rather than Mr Bramall himself, presumably for wider wealth management planning purposes. Accordingly, the sale shouldn't be interpreted as a negative view on the stock.
Mr Bramall has been a non-executive director on the Lookers board since 2006 and is widely known as the doyen of the motor retail industry. He founded CD Bramall, which he sold to Pendragon in 2004 for £230m. In that year he started his third motor dealership, Jones and Bramall, which was sold to Lookers in 2010.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
1pm | Ron Russell | 18 Mar 15 | 40,000 | 54.48 | 21,790 | 7,388,684 | 20.011 |
Aldermore | Cathy Turner | 16 Mar 15 | 42,336 | 235 | 99,490 | 42,336 | 0.012 |
Aldermore | John Hitchins | 13 Mar 15 | 20,000 | 225.86 | 45,172 | 20,000 | 0.006 |
Aldermore | Glyn Jones (ch) | 13 Mar 15 | 108,150 | 230 | 248,745 | 686,431 | 0.202 |
Capital Gearing Trust ♥ | Alastair Laing | 16 Mar 15 | 1,687 | 3,239 | 54,642 | 2,964 | 0.101 |
Cineworld | Eric Senat | 16 Mar 15 | 26,937 | 482.75 | 130,038 | 53,874 | 0.020 |
CLS Holdings | Fredrik Widlund (ce) | 13 Mar 15 | 1,000 | 1,708 | 17,080 | 16,000 | 0.037 |
De La Rue | Martin Sutherland (ce) | 13 Mar 15 | 11,169 | 537.14 | 59,993 | 11,169 | 0.011 |
Deltex Medical | Paul Mitchell (fd) | 17 Mar 15 | 145,019 | 686 | 994,830 | 654,831 | 0.307 |
Deltex Medical | Tim Irish | 13 Mar 15 | 500,000 | 5 | 25,000 | 1,848,484 | 0.868 |
Deltex Medical | Tim Irish | 17 Mar 15 | 1,000,000 | 6.475 | 64,750 | 2,848,484 | 1.337 |
Deltex Medical | Sir Duncan Nichol | 14 Mar 15 | 180,000 | 5.4 | 9,720 | 1,166,912 | 0.550 |
Deltex Medical | Paul Mitchell (fd) | 15 Mar 15 | 156,981 | 5.41 | 8,493 | 509,812 | 0.240 |
Eagle Eye Solutions * | Bill Currie | 16 Mar 15 | 423,222 | 200 | 846,444 | 2,340,385 | 10.569 |
Eagle Eye Solutions * | Bob Willett (ch) | 16 Mar 15 | 50,143 | 200 | 100,286 | 551,582 | 2.491 |
Eagle Eye Solutions * | Sir Terry Leahy | 16 Mar 15 | 300,000 | 200 | 600,000 | 1,677,030 | 7.573 |
Flybe | David Kappler | 12 Mar 15 | 100,000 | 58 | 58,000 | 100,000 | 0.046 |
Hansard Global Ω | Gordon Marr (ce) | 13 Mar 15 | 46,500 | 86.5 | 40,223 | 346,500 | 0.252 |
Impellam | Darren Mee (fd) | 16 Mar 15 | 20,000 | 660 | 132,000 | 20,000 | 0.041 |
Intu Properties | John Whittaker | 13 Mar 15 | 1,000,000 | 337.97 | 3,379,698 | 297,155,452 | 22.566 |
Intu Properties ♥ | Adele Anderson | 18 Mar 15 | 14,380 | 347.7 | 49,999 | 32,504 | 0.002 |
Intu Properties ♥ | John Whittaker | 13 Mar 15 | 500,000 | 339.74 | 1,698,688 | 297,655,452 | 22.604 |
KEFI Minerals | Harry Anagnostaras-Adams (ch) | 18 Mar 15 | 23,000,000 | 1 | 230,000 | 56,966,667 | 4.611 |
Lamprell ♥ | John Kennedy (ch) | 17 Mar 15 | 18,505 | 101.04 | 18,697 | 1,601,939 | 0.469 |
Lamprell Ω | John Kennedy (ch) | 16 Mar 15 | 19,016 | 101.84 | 19,365 | 1,583,434 | 0.463 |
Lansdowne Oil & Gas * | Viscount Torrington Byng | 12 Mar 15 | 2,000,000 | 4.38 | 87,500 | 2,105,880 | 1.306 |
LMS Capital | Dr. Martin Knight (ch) | 13 Mar 15 | 25,899 | 76.8 | 19,890 | 90,292 | 0.062 |
LondonMetric Property | Mark Stirling | 13 Mar 15 | 62,457 | 160.08 | 99,981 | 1,618,574 | 0.258 |
Marks and Spencer ♥ | Andy Halford | 18 Mar 15 | 18,000 | 513 | 92,340 | 21,000 | 0.001 |
Porta Communications | David Wright (ce) | 18 Mar 15 | 471,000 | 7 | 32,970 | 3,214,727 | 1.201 |
Revolution Bars | Keith Edelman (ch) | 18 Mar 15 | 30,500 | 195 | 59,475 | 30,500 | 0.061 |
Revolution Bars | Michael Shallow | 18 Mar 15 | 12,750 | 195 | 24,863 | 12,750 | 0.026 |
Roxi Petroleum | KA Satylganov (cfo) | 18 Mar 15 | 8,379,143 | 7.41 | 620,894 | 244,670,973 | 27.675 |
Serco | Rachel Lomax | 18 Mar 15 | 20,000 | 172.5 | 34,500 | 20,000 | 0.004 |
Sirius Minerals * | Russell Scrimshaw (ch) | 16 Mar 15 | 714,286 | 7 | 50,000 | 40,133,504 | 1.879 |
SOCO International | Rui de Sousa (ch) | 13 Mar 15 | 50,000 | 148.18 | 74,090 | 9,258,820 | 2.789 |
SOCO International | Rui de Sousa (ch) | 12 Mar 15 | 50,000 | 179.5 | 89,750 | 9,208,820 | 2.774 |
SOCO International ♥ | Ettore Contini | 16 Mar 15 | 377,772 | 142.56 | 538,552 | 29,000,000 | 8.736 |
SOCO International ♥ | Ettore Contini | 12 Mar 15 | 328,273 | 174.17 | 571,753 | 27,992,654 | 8.433 |
SOCO International ♥ | Ettore Contini | 13 Mar 15 | 629,574 | 146.78 | 924,089 | 28,622,228 | 8.622 |
Synthomer | Calum MacLean (ce) | 18 Mar 15 | 4,981 | 295.41 | 14,714 | 202,539 | 0.060 |
Synthomer | Calum MacLean (ce) | 17 Mar 15 | 33,460 | 292.66 | 97,924 | 197,558 | 0.058 |
Synthomer | Calum MacLean (ce) | 12 Mar 15 | 45,693 | 292.01 | 133,428 | 45,693 | 0.013 |
Synthomer | Calum MacLean (ce) | 13 Mar 15 | 57,913 | 295.78 | 171,295 | 103,606 | 0.030 |
Synthomer | Calum MacLean (ce) | 16 Mar 15 | 60,492 | 296.44 | 179,322 | 164,098 | 0.048 |
Ubisense | Robert Sansom | 17 Mar 15 | 270,000 | 200 | 540,000 | 2,763,676 | 11.027 |
Ubisense | Richard Green (ce) | 17 Mar 15 | 54,000 | 200 | 108,000 | 1,788,906 | 7.138 |
Xchanging | Geoff Unwin (ch) | 17 Mar 15 | 76,000 | 128 | 97,280 | 396,908 | 0.162 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
BT | Tony Chanmugam (fd) | 12 Mar 15 | 400,000 | 442 | 1,768,000 | 574,882 | 0.007 |
Galliford Try ♥ | Kenneth Gillespie | 13 Mar 15 | 93,396 | 1,503.91 | 1,404,592 | 129,802 | 0.158 |
LondonMetric Property | Patrick Vaughan (ch) | 13 Mar 15 | 1,060,497 | 160 | 1,696,795 | 15,277,500 | 2.433 |
LondonMetric Property ♥ | Mark Stirling | 13 Mar 15 | 36,000 | 159.44 | 57,398 | 1,556,117 | 0.248 |
Lookers | Tony Bramall | 12 Mar 15 | 10,000,000 | 155 | 15,500,000 | 63,487,636 | 16.162 |
Marks and Spencer | Laura Wade-Gery | 12 Mar 15 | 70,862 | 495.16 | 350,880 | 172,955 | 0.011 |
Partnership Assurance | Ian Owen | 18 Mar 15 | 1,400,000 | 141.46 | 1,980,440 | 6,091,776 | 1.523 |
RPS | Dr. Phil Williams | 16 Mar 15 | 40,000 | 230.2 | 92,080 | 285,400 | 0.129 |
Sabien Technology ♥ Ω | Karl Monaghan | 16 Mar 15 | 104,006 | 14.45 | 15,029 | 1,154,844 | 3.499 |
Tarsus | Robert Ware | 16 Mar 15 | 51,585 | 224.275 | 115,692 | 250,000 | 0.247 |
* placing/tender/open offer ♥ spouse/connected party Ω ISA/SIPP/Trust † depositary receipts |