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Moneysupermarket founder slashes stake

Moneysupermarket.com's founder has slashed his stake in the company
May 20, 2015

Investors sent shares in Moneysupermarket.com (MONY) down 3 per cent after founder Simon Nixon sold more than a fifth of his holdings in the price-comparison website, netting a cool £56m. His sale of 20m shares lowers his stake to below 13 per cent, but he remains a non-executive director.

294p

The news followed a strong first-quarter performance for the company. Mobile and user-interface improvements, rising demand for personal loans and credit cards, and consumers clamouring for energy savings fuelled double-digit sales growth in insurance, money and home services. That drove revenues in the core MoneySuperMarket.com division up 28 per cent to almost £70m. Perennial performer MoneySavingExpert.com, meanwhile, grew sales by more than a third to nearly £8m. However, management expect sales growth to slow in the second quarter, compared to a strong performance in 2014.

Broker Investec expects pre-tax profit of £91.2m, giving EPS of 12.9p (from £85.5m and 12.2p in 2014).

Buys
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
AEW UK REIT James Hyslop12 May 1550,00010050,00050,0000.050
AEW UK REIT Mark Burton (ch)12 May 1575,00010075,00075,0000.075
AEW UK REIT †Bim Sandhu12 May 15100,000100100,000100,0000.100
AstraZeneca Marc Dunoyer (cfo)07 May 1510,0004,397439,70035,3240.003
Audioboom  Nick Candy12 May 159,170,0005.88539,19624,820,0004.666
Berkeley Mineral Resources Alex Borrelli (ch & ce)12 May 154,000,0000.520,0004,000,0000.298
BT † Karen Richardson11 May 152,500474.1511,85410,250<0.001
Cambria Automobiles ♥Philip Swatman (ch)12 May 1585,00059.2550,363250,0000.250
Coats  Nicholas Bull07 May 15250,0002972,500250,0000.018
Epwin  Shaun Hanrahan12 May 1542,41413255,98642,4140.031
Everyman Media * Adam Kaye11 May 151,647,059851,400,0004,684,8097.832
Everyman Media * Michael Rosehill11 May 1535,2948530,000174,0480.291
Everyman Media * Paul Wise (ch)11 May 15470,50085399,9253,047,6685.095
Everyman Media * Philip Jacobson11 May 155,880854,99836,0000.060
GoldBridges Global Resources Ashar Qureshi13 May 155,880,0002.8164,6405,880,0000.252
Great Eastern Energy Corp ♥ †YK Modi (ch & ce)07 May 151,231,25225307,81336,795,66930.889
IMI Lord Smith of Kelvin (ch)11 May 158,3001,18998,6878,3000.003
IMI Ross McInnes07 May 153,0001,18935,6703,0000.001
Indivior Adrian Hennah13 May 157,402229.2816,97134,2530.005
Indivior Thomas McLellan13 May 153,743229.288,5823,7430.001
Indivior Christian Schade13 May 152,896229.286,6402,896<0.001
Indivior Daniel Phelan13 May 154,931229.2811,3064,9310.001
Indivior Daniel Tasse13 May 156,209229.2814,2366,2090.001
Indivior Howard Pien (ch)13 May 1522,943229.2852,60422,9430.003
Indivior Lorna Parker13 May 152,923229.286,7022,923<0.001
Indivior Rupert Bondy13 May 159,599229.2822,0099,5990.001
Indivior Dr. Yvonne Greenstreet13 May 152,886229.286,6172,886<0.001
International Personal Finance Daniel O'Connor (ch)07 May 1541,500481.39199,77741,5000.018
Intu Properties ♥John Whittaker08 May 151,640,000341.415,599,195300,695,45222.834
Intu Properties ♥John Whittaker12 May 15375,000340.581,277,177301,070,45222.863
Intu Properties ♥ John Whittaker13 May 1590,000335.49301,938301,160,45222.870
ITE  Marco Sodi (ch)12 May 1525,000194.9648,740200,0000.078
Jarvis Securities ♥ ΩAndrew Grant (ch & ce)08 May 155,000397.519,8755,762,15052.034
KAZ Minerals Simon Heale (ch)12 May 1528,500262.252474,742111,0000.025
KAZ Minerals Simon Heale (ch)12 May 1517,800256.988345,74470,8000.016
KAZ Minerals †Simon Heale (ch)12 May 1511,700256.988330,06882,5000.018
KBC Advanced Technologies ♥Oliver Scott08 May 1510,000100.510,05010,777,55013.137
Keywords Studios Ross Graham (ch)11 May 1527,95016145,00058,4400.124
Kirkland Lake Gold IncJeffrey Parr07 May 155,000361.0263218,0515,0000.006
Macfarlane  Stuart Paterson08 May 1520,45042.998,791100,0000.080
Matomy Media  Ilan Shiloah (ch)07 May 15180,000140252,00014,098,39515.251
Matomy Media  Ilan Shiloah (ch)08 May 1515,37014021,51814,113,76515.268
Matomy Media  Ilan Shiloah (ch)07 May 1550,00013768,50013,918,39515.056
Matomy Media Ω Ofer Druker (ce)11 May 1550,000135.7567,8753,259,1123.526
Mercantile Investment Trust (The) Jeremy Tigue07 May 15881,5891,3988,3380.009
NCC  Chris Batterham08 May 1520,000213.542,70020,0000.009
Prudential †Alice Schroeder07 May 156,0002,429145,7408,500<0.001
Raven Russia ΩAnton Bilton07 May 1553,71752.1328,00056,110,4947.848
Rentokil Initial Julie Southern07 May 155,000138.966,9485,000<0.001
Rolls-Royce Holdings David Smith (cfo)08 May 151,9531,02419,9992,134<0.001
Rolls-Royce Holdings John Neill CBE07 May 153171,0033,18046,6160.003
Rolls-Royce Holdings Ruth Cairnie07 May 151931,0031,9365,576<0.001
Rolls-Royce Holdings Ian Davis (ch)07 May 151971,0031,97620,2740.001
Rolls-Royce Holdings Sir Frank Chapman07 May 153951,0033,96211,2500.001
Saga Lance Batchelor (ce)07 May 157,696196.515,1231,868,1610.168
Saga Jonathan Hill (cfo)07 May 157,809195.715,28232,3950.003
Sanditon Investment Trust Christopher Keljik OBE08 May 1550,00010552,500200,0000.400
Sanditon Investment Trust Rupert Barclay (ch)08 May 1550,00010653,000100,0000.200
Serco  Rupert Soames (ce)11 May 15123,000138.24170,034607,0000.055
Smith & Nephew †Vinita Bali13 May 152,4001,123.7026,9692,400<0.001
Utilitywise Jeremy Middleton 07 May 15450,000220990,0002,283,9562.982
Vertu Motors Peter Jones (ch)13 May 15125,00058.873,5001,125,0000.330

Sells
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Aeorema Communications ♥Richard Owen12 May 15270,00033.389,91030,0000.331
Capital & Regional ♥Louis Norval12 May 15439,86256.5248,522200,623,23728.630
Capital & Regional ♥ Neno Haasbroek12 May 15439,86256.5248,522149,774,49321.373
Derwent London The Hon RA Rayne (ch)08 May 15200,0003,451.806,903,6003,277,6092.958
Derwent London The Hon RA Rayne (ch)08 May 15200,0003,451.806,903,6004,194,7033.785
Diploma Marie-Louise Clayton13 May 155,00079539,75000.000
InterQuest  Mark Braund (ce)11 May 15250,00090225,000760,6032.129
Moneysupermarket.comSimon Nixon19 May 1520,000,00028056,000,000na12.800
Prudential Jackie Hunt07 May 1553,0001,595.96845,859109,7700.004
Prudential Michael McLintock07 May 15300,0001,595.964,787,880206,7970.008
Prudential Nic Nicandrou (cfo)07 May 15140,0001,595.962,234,344262,5280.010
Prudential Pierre-Olivier Bouee07 May 1533,2261,595.96530,27492,8530.004
Prudential TidjaneThiam (ce)07 May 15359,7941,595.965,742,168632,0830.025
Prudential †Barry Stowe07 May 15128,5582,4313,125,245256,4580.010
Prudential †Mike Wells07 May 15269,7322,426.506,545,047498,7980.019
Regus ♥Mark Dixon (ce)11 May 1530,000,00024573,500,000294,267,50131.365
Standard Chartered Peter Sands (ce)07 May 1530,0001,030309,000322,3410.013
SThree Justin Hughes11 May 157,500386.5828,994650,8670.512
SThree Justin Hughes11 May 155,000383.719,185645,8670.508
*Placing/tender/open offer ♥Spouse/connected party ΩIsa/Sipp/Trust †Depositary receipts