Simon Clarke, non-executive director of regeneration specialist St Modwen (SMP), sold 1.5m shares in the company earlier this month and has therefore reduced his holding in the group to 3.1m shares. But there's more going on that this. Mr Clarke, who is the son of Sir Stanley Clarke - founder and former chairman of the property group - also represents the interests of the Clarke and the Leavesley families at board level and they have also been busy selling shares.
Indeed, the two families are the company's largest shareholders and they have sold 8.27m shares between them, representing around 3.75 per cent of St Modwen's issued share capital. Sold at 380p a share, that move generated a cool £31.4m in total. That leaves the Clarke family with 18.6m shares, or 8.43 per cent of the share capital, while the Leavesley family will hold just short of 16m shares, or a 7.26 per cent stake. Those members of the two families who sold shares have agreed not to make any further disposals for a period of 90 days without the written consent of JPMorgan Cazenove and Numis Securities.
BUYS | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
600 Group (The) | Derek Zissman | 7 Apr 14 | 150,000 | 17.5 | 26,250 | 300,000 | 0.355 |
Abcam | Lady Patten of Wincanton | 9 Apr 14 | 13,617 | 367 | 49,974 | 13,617 | 0.007 |
Abcam♥ | Dr Jonathan Milner (ce) | 9 Apr 14 | 18,000 | 373 | 67,140 | 27,103,375 | 13.525 |
Access Intelligence | Michael Jackson (ch) | 3 Apr 14 | 1,280,000 | 3.75 | 48,000 | 23,865,858 | 10.151 |
Anglo American | Jim Rutherford | 8 Apr 14 | 870 | 1,559 | 13,566 | 1,528 | <0.001 |
Anglo American | Phuthuma Nhleko | 8 Apr 14 | 891 | 1,559 | 13,894 | 7,761 | 0.001 |
Britvic | Ian McHoul | 8 Apr 14 | 10,000 | 711 | 71,100 | 10,000 | 0.004 |
Craneware | Keith Neilson (ce) | 3 Apr 14 | 4,571 | 540 | 24,683 | 3,488,380 | 12.916 |
Dunelm | Liz Doherty | 7 Apr 14 | 2,500 | 1,003 | 25,075 | 2,500 | 0.001 |
Everyman Media | Adam Kaye | 3 Apr 14 | 100,000 | 90 | 90,000 | 2,830,341 | 7.799 |
Gaming Realms | Michael Buckley (ch) | 8 Apr 14 | 65,000 | 21.5 | 13,975 | 16,465,000 | 10.239 |
Gaming Realms | Michael Buckley (ch) | 8 Apr 14 | 135,000 | 21 | 28,350 | 16,600,000 | 10.323 |
Gaming Realms | Michael Buckley (ch) | 3 Apr 14 | 61,668 | 21.5 | 13,259 | 16,361,668 | 10.175 |
Genus | Karim Bitar (ce) | 3 Apr 14 | 3,045 | 985.02 | 29,994 | 40,008 | 0.066 |
Genus | Bob Lawson (ch) | 3 Apr 14 | 2,051 | 975 | 19,997 | 7,201 | 0.012 |
IndigoVision | M Kneen (ce) | 3 Apr 14 | 2,750 | 461 | 12,678 | 212,544 | 2.798 |
JPMorgan Emerging Markets Inv Trust | Sarah Arkle | 7 Apr 14 | 6,000 | 546.75 | 32,805 | 6,000 | 0.005 |
Just Retirement | Shayne Deighton | 3 Apr 14 | 25,000 | 139.46 | 34,866 | 1,157,433 | 0.231 |
Kromek | Richard Morgan (ch) | 7 Apr 14 | 40,000 | 50 | 20,000 | 372,310 | 0.346 |
McBride | CD Bull (ce) | 4 Apr 14 | 20,000 | 93.75 | 18,750 | 340,000 | 0.187 |
Monitise | Victor Dahir | 4 Apr 14 | 60,000 | 74.9 | 44,940 | 60,000 | 0.003 |
Next Fifteen Communications | Richard Eyre (ch) | 8 Apr 14 | 18,167 | 109 | 19,802 | 122,077 | 0.201 |
Ocado | Ruth Anderson | 3 Apr 14 | 3,387 | 468.2 | 15,858 | 60,000 | 0.010 |
Prudential | AJL Nightingale | 4 Apr 14 | 15,000 | 1,328 | 199,200 | 30,000 | 0.001 |
Reconstruction Capital II | IA Florescu | 8 Apr 14 | 589,000 | 12 | 70,680 | 13,120,075 | 13.120 |
RM2 International SA | RI Molson (ch) | 8 Apr 14 | 225,000 | 73 | 164,250 | 7,000,000 | 2.191 |
SolGold* | NCH Mather | 3 Apr 14 | 2,222,222 | 9 | 200,000 | 65,519,570 | 10.047 |
Synety* | MJK Seemann (ce) | 9 Apr 14 | 6,000 | 250 | 15,000 | 875,553 | 10.403 |
Synety* | SW Cleaver (ch) | 9 Apr 14 | 18,701 | 250 | 46,753 | 317,254 | 3.769 |
TyraTech Inc | Barry M Riley | 7 Apr 14 | 209,000 | 11.52 | 24,077 | 3,055,556 | 1.490 |
TyraTech Inc | Barry M Riley | 4 Apr 14 | 248,000 | 11.52 | 28,570 | 3,055,556 | 1.490 |
TyraTech Inc | Alan Reade (ch) | 7 Apr 14 | 197,500 | 11.82 | 23,345 | 12,481,358 | 6.086 |
WH Ireland | Richard Killingbeck (ce) | 9 Apr 14 | 20,000 | 106.5 | 21,300 | 890,000 | 3.737 |
Walker Crips | RA Elliott | 8 Apr 14 | 46,553 | 43 | 20,018 | 444,738 | 1.202 |
SELLS | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
accesso Technology | Steve Brown | 3 Apr 14 | 590,000 | 690 | 4,071,000 | 1,133,916 | 5.613 |
African Eagle Resources | Julian McIntyre | 9 Apr 14 | 184,245,047 | 0.225 | 414,551 | 0 | 0.000 |
InterQuest | Gary Ashworth (ch) | 9 Apr 14 | 250,000 | 100 | 250,000 | 12,509,912 | 36.735 |
IP Group | David Baynes | 3 Apr 14 | 125,000 | 200 | 250,000 | 426,066 | 0.089 |
Mattioli Woods | Bob Woods (ch) | 3 Apr 14 | 220,000 | 445 | 979,000 | 3,073,703 | 15.421 |
Michelmersh Brick | Martin Warner (ce) | 3 Apr 14 | 1,000,000 | 69 | 690,000 | 5,588,732 | 6.914 |
Prudential | Jackie Hunt | 4 Apr 14 | 36,000 | 1,338 | 481,849 | 85,968 | 0.003 |
Quixant* | Chen Tai Lin | 9 Apr 14 | 2,221,739 | 140 | 3,110,435 | 4,589,842 | 7.101 |
Quixant* | Nick Jarmany | 9 Apr 14 | 8,109,347 | 140 | 11,353,086 | 16,752,923 | 25.919 |
Quixant* | Gary Mullins | 9 Apr 14 | 3,142,173 | 140 | 4,399,042 | 4,058,641 | 6.279 |
RTC | J T White | 8 Apr 14 | 2,137,986 | 20 | 427,597 | 0 | 0.000 |
St Modwen Properties | Simon Clarke | 3 Apr 14 | 1,500,000 | 380 | 5,700,000 | 3,112,657 | 1.406 |
*Placing/tender/open offer ♥Spouse/connected party †Depositary receipts |