Join our community of smart investors

Utilitywise non-exec buys into rally

Utilitywise non-exec director buys into the group's growth potential.
June 17, 2015

Shares in our buy tip Utilitywise (UTW) have rallied following a stellar set of half-year results in April, rising more than quarter. Buying into this growth is non-executive director of the group Jeremy Middleton. Mr Middleton has bought 300,000 shares in the utility cost management consultancy, taking his stake in the group up to 3.4 per cent.

IC TIP: Buy at 274p

Utilitywise, which helps businesses reduce their energy bills, has capitalised on a recent period of low energy prices. Its revenues rose substantially during the first half of this year as customers moved to lock in cheaper rates for longer. The enterprise division, which caters to smaller businesses, has accounted for the majority of the group's recent growth. Total cash profits during the first-half were up £2.3m to £7.7m.

Buys
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
3Legs Resources *Dr. Greg Bailey10 Jun 1592,592,5930.27250,00092,592,59314.971
3Legs Resources *Sir Jim Mellon10 Jun 1537,037,0370.27100,00037,037,0375.988
Advanced Oncotherapy Sanjeev Pandya (ce)05 Jun 15220,000919,800590,4000.044
Advanced Oncotherapy Nicholas Serandour (cfo)05 Jun 15220,000919,800220,0000.016
Alliance Trust Katherine Garrett-Cox (cfo)08 Jun 1565,266503.77328,789743,8090.135
Amara Mining Pete Gardner (cfo)05 Jun 15136,65614.6319,9931,136,7650.270
Artilium Bote de Vries08 Jun 15243,333614,600243,3330.103
Artilium Bart Weijermars (ce)08 Jun 15500,000630,000863,6330.366
British American Tobacco JB Stevens (fd)08 Jun 155363,41018,27872,6400.004
British American Tobacco Savio Kwan10 Jun 153,0003,404.81102,1443,0000.000
Carclo Christopher Malley (ce)10 Jun 1530,000146.9444,08273,3850.111
Carclo Michael Derbyshire (ch)10 Jun 1510,000146.9414,69460,0000.091
Coats  Richard Howes (cfo)09 Jun 15290,00025.4573,805490,0000.035
Constellation Healthcare Tech *Paul Parmar (ce)04 Jun 151,428,5711401,999,99940,234,08361.908
Croda International ♥Jeremy Maiden (fd)08 Jun 151,0002,79827,9802,0000.001
Dolphin Capital Investors *Mark Townsend09 Jun 1550,0002110,500131,9040.015
Electra Private Equity Francesca Barnes10 Jun 155003,22016,1001,0000.003
Falkland Islands Holdings John Foster09 Jun 1510,000264.8626,48671,8670.578
Feedback *A Hartmann (ce)04 Jun 15250,000410,00019,366,66820.109
Feedback *Trevor Brown08 Jun 151,000,0001.818,00055,089,11127.291
Feedback *Thomas Charlton08 Jun 152,800,0001.850,40049,524,80824.534
Fidelity Japanese Values David Robins (ch)10 Jun 1525,00087.2521,81335,0000.031
GoldBridges Global Resources Ken Crichton09 Jun 151,400,0002.332,2001,400,0000.060
Highcroft Investments John Hewitt (ch)05 Jun 153,00093027,90021,9850.425
Intu Properties ♥John Whittaker04 Jun 152,394,500335.238,027,082311,719,02723.277
KBC Advanced Technologies ♥Oliver Scott10 Jun 1550,00011658,00010,800,05013.162
Marks & Spencer  Richard Solomons09 Jun 155,000557.927,8955,0000.000
National Grid ♥John Dawson09 Jun 1510,00085285,20035,1790.001
Oxford BioMedica Daniel Soland09 Jun 15500,0009.4547,2501,397,7650.054
Oxford BioMedica ♥Martin Diggle08 Jun 151,000,0009.7597,500448,452,76717.461
Oxford BioMedica ♥Martin Diggle09 Jun 15947,2339.690,934449,400,00017.498
Picton Property Income Nick Thompson (ch)09 Jun 1515,16471.410,827118,3660.022
Pittards Stephen Yapp09 Jun 1520,00012424,80020,0000.144
Porta Communications ♥Bob Morton (ch)08 Jun 156,300,0007441,00042,586,31815.356
Premier Foods Gavin Darby (ce)08 Jun 15389,25341.88163,0003,755,7760.455
Smart Metering Systems P B Dollman (ch)05 Jun 155,000340.217,01020,0000.023
StatPro ♥ ΩMark Adorian10 Jun 1548,00082.0139,3653,342,6984.946
StatPro Ω Mark Adorian10 Jun 1543,00082.0135,2643,294,6984.875
StatPro Ω  Mark Adorian10 Jun 15275,00082.01225,5283,245,6984.802
Stilo International David Ashman (ch)09 Jun 155,000,0003150,00020,202,00018.397
Symphony Environmental Technologies *Shaun Robinson10 Jun 15708,5111070,85110,912,4497.283
Thalassa Holdings Duncan Soukup (ch)10 Jun 1550,0005829,0003,162,57112.821
Tricorn  Andrew Moss (ch)10 Jun 1550,0002010,00050,0000.149
Utilitywise Jeremy Middleton 05 Jun 15300,000262.52787,5602,583,9563.374

Sells
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Bank of Georgia Holdings Irakli  Burdiladze10 Jun 1522,2931,810403,50383,0000.210
Bank of Georgia Holdings Irakli  Burdiladze09 Jun 159,9071,794177,732105,2930.267
Bank of Georgia Holdings Sulkhan Gvalia05 Jun 156,6381,826121,210123,1340.312
Bank of Georgia Holdings Sulkhan Gvalia10 Jun 151,1621,81621,102109,7720.278
Bank of Georgia Holdings Sulkhan Gvalia09 Jun 1512,2001,815221,430110,9340.281
Booker  Richard Rose (ch)04 Jun 15900,0001701,530,00010,2820.001
Cambridge Cognition Holdings Dr. Andy Blackwell05 Jun 15150,00080120,000131,0950.769
Character Group (The) Richard King (ch)04 Jun 15522,6164152,168,856536,2862.578
Character Group (The) Richard King (ch)04 Jun 151,009,308414.754,186,105536,2862.577
MJ Gleeson Christopher Mills08 Jun 15400,0004201,680,00013,055,00024.312
NAHL  Steven Dolton (cfo)09 Jun 15200,000310620,000651,4981.583
Onesavings Bank Andy Golding (ce)10 Jun 151,823,5222985,434,0962,000,0000.823
Onesavings Bank April Talintyre (cfo)10 Jun 15750,0002982,235,000779,4150.321
Powerflute OyjDermot Smurfit05 Jun 1551,7406634,1481,948,2600.686
Powerflute OyjDermot Smurfit08 Jun 15134,07465.487,6841,814,1860.639
Powerflute OyjDermot Smurfit10 Jun 15100,00065.2565,2501,595,5560.562
Powerflute OyjDermot Smurfit09 Jun 15118,6306577,1101,695,5560.597
Renew Holdings John Samuel (fd)10 Jun 1560,000311.25186,750240,5480.388
StatPro  Mark Adorian10 Jun 15186,00082152,5203,156,6984.670
StatPro ♥ Mark Adorian10 Jun 15186,00082152,5202,970,6984.395
Ultra Electronics Holdings Douglas Caster (ch)05 Jun 15117,6661,8782,209,767633,5220.905
Ultra Electronics Holdings ♥ Douglas Caster (ch)05 Jun 15333,5221,8786,263,543300,0000.428
*Placing/tender/open offer ♥Spouse/connected party ΩIsa/Sipp/Trust