Jim Lawrence created a splash when he joined the board of Smurfit Kappa (SKG) last October. The market reacted favourably to the appointment of the former head of the US arm of Rothschild, so there was bound to be some excitement when the new non-executive, who also previously held key positions at Unilever (ULVR) and Pepsico, bought another 185,000 shares in the Irish cardboard manufacturer at $26.50 (£18.68) a pop.
IC TIP:
Buy
at
1729p
That represents a total outlay equivalent to £3.5m - some commitment. It also presents a stark contrast with a deal completed a month subsequent to Mr Lawrence's arrival, when Smurfit Kappa's then finance chief Ian Curley took the decision to sell almost two-thirds of his stake for around €3.4m (£2.6m) three months prior to his resignation.
| Buys | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| 3i Infrastructure * | Steven Wilderspin | 10 Jun 16 | 6,730 | 165 | 11,105 | 31,730 | 0.003 |
| 3i Infrastructure * | Paul Masterton | 10 Jun 16 | 11,513 | 165 | 18,996 | 20,513 | 0.002 |
| 3i Infrastructure * | Doug Bannister | 10 Jun 16 | 12,500 | 165 | 20,625 | 12,500 | 0.001 |
| 3i Infrastructure * | Wendy Dorman | 10 Jun 16 | 24,000 | 165 | 39,600 | 24,000 | 0.002 |
| Alecto Minerals * | Mark Jones (ce) | 13 Jun 16 | 12,500,000 | 0.08 | 10,000 | 25,750,000 | 0.576 |
| Breedon Aggregates | Pat Ward (ce) | 13 Jun 16 | 50,000 | 66.5 | 33,250 | 200,000 | 0.017 |
| C&C | Vincent Crowley | 15 Jun 16 | 10,000 | 291.418 | 29,142 | 10,000 | 0.003 |
| Cambria Automobiles ♥ | Philip Swatman (ch) | 14 Jun 16 | 15,000 | 69 | 10,350 | 275,000 | 0.275 |
| Capital & Regional ♥ | Louis Norval | 15 Jun 16 | 500,000 | 60 | 300,000 | 136,960,303 | 19.571 |
| DP Poland | Chris Moore | 14 Jun 16 | 100,000 | 33 | 33,000 | 2,955,333 | 2.269 |
| DP Poland | Chris Moore | 10 Jun 16 | 250,000 | 32.7 | 81,750 | 2,355,333 | 1.808 |
| DP Poland | Chris Moore | 09 Jun 16 | 450,000 | 32.4 | 145,800 | 2,105,333 | 1.616 |
| DP Poland | Chris Moore | 13 Jun 16 | 500,000 | 31.4 | 157,000 | 2,855,333 | 2.192 |
| First Derivatives | Virginia Gambale | 14 Jun 16 | 1,750 | 2,013.64 | 35,239 | 6,150 | 0.025 |
| Globalworth Real Estate Inv's | Dimitris Raptis | 14 Jun 16 | 9,550 | 505 | 48,228 | 289,557 | 0.452 |
| Globalworth Real Estate Inv's | Dimitris Raptis | 15 Jun 16 | 9,550 | 510 | 48,705 | 299,107 | 0.467 |
| Globalworth Real Estate Inv's | Ioannis Papalekas (ce) | 15 Jun 16 | 20,000 | 510 | 102,000 | 23,033,768 | 35.977 |
| Globalworth Real Estate Inv's ♥ | Eli Alroy | 13 Jun 16 | 10,000 | 505 | 50,500 | 368,814 | 0.585 |
| Globalworth Real Estate Inv's ♥ | Eli Alroy | 15 Jun 16 | 10,000 | 505 | 50,500 | 378,814 | 0.592 |
| Globalworth Real Estate Inv's ♥ | Ioannis Papalekas (ce) | 14 Jun 16 | 20,000 | 505 | 101,000 | 23,013,768 | 36.516 |
| Globalworth Real Estate Inv's ♥ | Ioannis Papalekas (ce) | 15 Jun 16 | 20,000 | 510 | 102,000 | 23,013,768 | 36.516 |
| Greka Engineering & Technology | Randeep Grewal (ch & ce) | 09 Jun 16 | 1,400,000 | 0.8 | 11,200 | 398,268,528 | 97.228 |
| Gresham Computing * | Ian Manocha (ce) | 15 Jun 16 | 75,000 | 96 | 72,000 | 75,000 | 0.118 |
| Hansteen Holdings ♥ | Melvyn Egglenton | 14 Jun 16 | 25,000 | 102.75 | 25,688 | 25,000 | 0.003 |
| Hunters Property | Ed Jones (cfo) | 10 Jun 16 | 72,793 | 75 | 54,595 | 3,678,038 | 13.003 |
| Hurricane Energy | Dr David Jenkins | 13 Jun 16 | 125,000 | 17.79 | 22,238 | 200,000 | 0.020 |
| Hurricane Energy | John van der Welle | 14 Jun 16 | 150,000 | 17.69 | 26,531 | 150,000 | 0.015 |
| Hurricane Energy | Dr. Robert Trice (ce) | 13 Jun 16 | 420,000 | 17.75 | 74,550 | 26,781,657 | 2.722 |
| Hydrodec | Chris Ellis (ce) | 10 Jun 16 | 802,791 | 2.49 | 19,989 | 3,301,121 | 0.444 |
| Hydrodec | Andrew Black | 09 Jun 16 | 14,000,000 | 2 | 280,000 | 197,574,858 | 26.552 |
| Imaginatik * | Matt Cooper (ch) | 14 Jun 16 | 20,000,000 | 2.5 | 500,000 | 42,929,576 | 28.933 |
| Independent News & Media | Robert Pitt (ce) | 10 Jun 16 | 135,952 | 15 | 20,393 | 135,952 | 0.010 |
| Intelligent Energy Holdings | Paul Heiden (ch) | 13 Jun 16 | 375,441 | 13.25 | 49,746 | 415,441 | 0.221 |
| Landore Resources * | Helen Green | 14 Jun 16 | 590,000 | 1.7 | 10,030 | 1,617,583 | 0.231 |
| Landore Resources * | Richard Prickett (fd) | 14 Jun 16 | 1,188,977 | 1.7 | 20,213 | 11,144,876 | 1.592 |
| Landore Resources * | William Humphries (ce) | 14 Jun 16 | 7,400,000 | 1.7 | 125,800 | 57,314,119 | 8.187 |
| LXB Retail Properties | Daniel Kitchen | 09 Jun 16 | 21,356 | 64.98 | 13,877 | 561,943 | 0.334 |
| Marks & Spencer | Robert Swannell (ch) | 09 Jun 16 | 26,298 | 376.546 | 99,024 | 169,298 | 0.010 |
| McKay Securities | Viscount Lifford | 13 Jun 16 | 10,000 | 214.75 | 21,475 | 80,000 | 0.086 |
| Minds + Machines | Toby Hall (ce) | 14 Jun 16 | 250,000 | 10 | 25,000 | 500,000 | 0.066 |
| Paysafe | Dennis Jones (ch) | 14 Jun 16 | 40,000 | 359.7 | 143,880 | 40,000 | 0.008 |
| Phaunos Timber Fund | William Vanderfelt | 13 Jun 16 | 1,000,000 | 39.25 | 392,500 | 10,000,000 | 1.791 |
| Rotala * | Graham Spooner | 15 Jun 16 | 50,000 | 62 | 31,000 | 50,000 | 0.119 |
| Roxi Petroleum | Lord of Earl of Limerick Pery | 13 Jun 16 | 500,000 | 9.8 | 49,000 | 1,155,000 | 0.123 |
| Servelec | Roger McDowell | 15 Jun 16 | 100,000 | 234 | 234,000 | 186,054 | 0.268 |
| Smiths | Mark Seligman | 10 Jun 16 | 5,000 | 1,117 | 55,850 | 5,000 | 0.001 |
| Smurfit Kappa | Jim Lawrence | 13 Jun 16 | 185,000 | 1,868.04 | 3,455,872 | 335,000 | 0.142 |
| Sopheon | Arif Karimjee (fd) | 14 Jun 16 | 8,334 | 122.6 | 10,217 | 48,334 | 0.663 |
| Sopheon | Arif Karimjee (fd) | 10 Jun 16 | 10,000 | 108.4 | 10,840 | 40,000 | 0.549 |
| Sopheon | Stuart Silcock | 14 Jun 16 | 10,000 | 122.6 | 12,260 | 276,627 | 3.797 |
| Sopheon | Stuart Silcock | 10 Jun 16 | 12,000 | 108.4 | 13,008 | 266,627 | 3.659 |
| Sopheon | Barry Mence (ch) | 10 Jun 16 | 30,000 | 108.4 | 32,520 | 1,401,576 | 19.236 |
| Sopheon | Barry Mence (ch) | 14 Jun 16 | 39,666 | 122.6 | 48,631 | 1,441,242 | 19.780 |
| Strategic Equity Capital | Jo Dixon | 15 Jun 16 | 10,000 | 200.40 | 20,040 | 10,000 | 0.016 |
| Sunrise Resources * | Roger Murphy | 10 Jun 16 | 16,666,667 | 0.12 | 20,000 | 16,666,667 | 1.493 |
| Value and Income Trust | Matthew Oakeshott | 14 Jun 16 | 55,000 | 240 | 132,000 | 2,796,043 | 6.138 |
| Vernalis | David Mackney (cfo) | 09 Jun 16 | 97,000 | 45 | 43,650 | 512,203 | 0.097 |
| Vernalis | Ian Garland (ce) | 09 Jun 16 | 245,000 | 45 | 110,250 | 1,049,857 | 0.200 |
| Vertu Motors | Robert Forrester (ce) | 14 Jun 16 | 54,700 | 52.94 | 28,958 | 6,767,673 | 1.704 |
| Vianet Ω | Stewart Darling (ce) | 09 Jun 16 | 30,000 | 98 | 29,400 | 63,244 | 0.226 |
| Volex | Daren Morris (cfo) | 10 Jun 16 | 40,000 | 32.5 | 13,000 | 270,000 | 0.299 |
| Waterman | Nick Taylor (ce) | 15 Jun 16 | 32,756 | 84.9 | 27,810 | 212,525 | 0.691 |
| Sells | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Centamin ♥ | Josef El-Raghy (ch) | 10 Jun 16 | 5,000,000 | 111 | 5,550,000 | 53,849,372 | 4.674 |
| Edinburgh Worldwide Investment Trust | WJ Ducas | 10 Jun 16 | 2,500 | 438.25 | 10,956 | 28,000 | 0.057 |
| Edinburgh Worldwide Investment Trust | WJ Ducas | 10 Jun 16 | 4,500 | 438 | 19,710 | 30,500 | 0.062 |
| Independent Investment Trust | Maxwell Ward | 15 Jun 16 | 25,000 | 403.25 | 100,813 | 4,250,000 | 7.654 |
| Independent Investment Trust | Maxwell Ward | 15 Jun 16 | 125,000 | 408 | 510,000 | 4,275,000 | 7.699 |
| Norcon | Kenneth West | 14 Jun 16 | 72,222 | 18.75 | 13,542 | 0 | 0.000 |
| Portmeirion | Brett Phillips (fd) | 15 Jun 16 | 10,000 | 1,014.50 | 101,450 | 81,745 | 0.759 |
| Portmeirion ♥ | Brett Phillips (fd) | 15 Jun 16 | 15,000 | 1,014.50 | 152,175 | 66,745 | 0.620 |
| Rotala * | Dr. John Gunn (ch) | 15 Jun 16 | 750,000 | 62 | 465,000 | 8,419,348 | 19.954 |
| Rotala * | Geoffrey Flight | 15 Jun 16 | 1,100,000 | 62 | 682,000 | 0 | 0.000 |
| Stilo International | Les Burnham (ce) | 10 Jun 16 | 2,600,000 | 5.25 | 136,500 | 5,000,000 | 4.448 |
| Styles & Wood | Robert Hough | 10 Jun 16 | 5,000 | 395 | 19,750 | 6,959 | 0.098 |
| YouGov | Doug Rivers | 13 Jun 16 | 490,000 | 180.5 | 884,450 | 1,488,135 | 1.427 |
| Zoopla Property | Robin Klein | 15 Jun 16 | 46,806 | 302.3 | 141,495 | 352,080 | 0.084 |
| *Placing/tender/open offer ♥Spouse/connected party ΩIsa/Sipp/trust | |||||||
