There might be a reason for Al Noor's (ANH) share price falling from nearly 1,100p to 890p in the past month. Ithmar Capital - through its special purpose vehicle Astro II - has sold its remaining 20 per cent stake in the UAE-based hospital operator to the tune of £216m. The founder of the group, Kassem Alom, said the sale would improve Al Noor's liquidity and allow new investors to buy into the stock.
Astro II was one of the group's founding shareholders when it joined the London market in 2013. It's not its first sale, either; last September it offloaded a 7.3 per cent stake in Al Noor in a deal expected to net close to £87.5m. Al Noor non-executive directors Faisal Belhoul and Khaldoun Haj Hasan are also co-founders of Ithmar Capital. The former serves as managing partner and the latter as executive director.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Amerisur Resources | Giles Clarke (ch) | 10 Apr 15 | 198,451 | 25.18 | 49,970 | 16,755,227 | 1.577 |
Amerisur Resources | George Woodcock | 10 Apr 15 | 145,000 | 25 | 36,250 | 1,500,000 | 0.141 |
Amerisur Resources | George Woodcock | 10 Apr 15 | 79,000 | 24 | 18,960 | 1,355,000 | 0.128 |
Arian Silver Corp | James Williams (ce) | 13 Apr 15 | 20,000 | 30.65 | 6,129 | 500,000 | 1.475 |
BATM Advanced Communications | Dr. Zvi Marom (ce) | 15 Apr 15 | 250,000 | 12.5 | 31,250 | 94,144,500 | 23.352 |
Carr's♥ | John Worby | 14 Apr 15 | 25,000 | 155.7 | 38,925 | 25,000 | 0.028 |
Charles Taylor* | David Watson | 9 Apr 15 | 4,285 | 155 | 6,642 | 14,285 | 0.022 |
Charles Taylor* | Edward Creasy | 9 Apr 15 | 1,839 | 155 | 2,850 | 6,130 | 0.009 |
Charles Taylor* | Mark Keogh | 9 Apr 15 | 10,000 | 155 | 15,500 | 10,000 | 0.015 |
Charles Taylor* | Rupert Robson (ch) | 9 Apr 15 | 8,782 | 155 | 13,612 | 78,219 | 0.119 |
Charles Taylor * | Damian Ely | 9 Apr 15 | 24,618 | 155 | 38,158 | 82,064 | 0.125 |
Charles Taylor * | Barnabas Hurst-Bannister | 9 Apr 15 | 8,150 | 155 | 12,633 | 8,150 | 0.012 |
Charles Taylor * | David Marock (ce) | 9 Apr 15 | 158,034 | 155 | 244,953 | 620,362 | 0.943 |
Concurrent Technologies | David Evans-Hughes | 9 Apr 15 | 8,755 | 45 | 3,940 | 948,206 | 1.306 |
Dunedin Enterprise Investment Trust | Duncan Budge (ch) | 9 Apr 15 | 20,000 | 340.98 | 68,196 | 35,900 | 0.172 |
Ferrexpo | Bert Nacken | 14 Apr 15 | 20,000 | 67.7 | 13,540 | 20,000 | 0.003 |
Frontier IP* | David Cairns | 13 Apr 15 | 95,238 | 21 | 20,000 | 840,238 | 3.159 |
Frontier IP* | Andrew Richmond (ch) | 13 Apr 15 | 100,000 | 21 | 21,000 | 1,000,000 | 3.759 |
Frontier IP* | Mike Bourne | 13 Apr 15 | 95,238 | 21 | 20,000 | 270,238 | 1.016 |
Frontier IP* | Neil Crabb (ce) | 13 Apr 15 | 119,048 | 21 | 25,000 | 2,834,168 | 10.654 |
Henderson Global Trust | Dr. Lance Moir | 15 Apr 15 | 1,800 | 414.96 | 7,469 | 12,883 | 0.034 |
Hutchison China Meditech | Simon To (ch) | 15 Apr 15 | 28,000 | 1,585 | 443,800 | 180,000 | 0.339 |
Hutchison China Meditech | Simon To (ch) | 10 Apr 15 | 25,000 | 1,421.50 | 355,375 | 152,000 | 0.286 |
KBC Advanced Technologies♥ | Oliver Scott | 10 Apr 15 | 65,000 | 97.27 | 63,225 | 10,552,550 | 12.869 |
Lowland Investment CoΩ | Karl Sternberg | 10 Apr 15 | 600 | 1,328.26 | 7,970 | 5,060 | 0.019 |
Majestic Wine | Ian Harding | 10 Apr 15 | 3,000 | 299.65 | 8,990 | 8,000 | 0.011 |
Majestic Wine | Phil Wrigley (ch) | 14 Apr 15 | 10,000 | 356.5 | 35,650 | 10,000 | 0.014 |
Michelmersh Brick | Frank Hanna | 9 Apr 15 | 21,985 | 68 | 14,950 | 1,250,000 | 1.546 |
Petro Matad | Ridvan Karpuz | 10 Apr 15 | 70,000 | 6.2 | 4,340 | 690,788 | 0.247 |
PureCircle | P E Selway-Swift (ch) | 10 Apr 15 | 3,000 | 489.51 | 14,685 | 210,800 | 0.124 |
PureCircle | William Mitchell | 10 Apr 15 | 3,000 | 500 | 15,000 | 939,540 | 0.553 |
PureCircle | William Mitchell | 10 Apr 15 | 3,000 | 500 | 15,000 | 942,540 | 0.555 |
Rotala | Simon Dunn (ce) | 15 Apr 15 | 17,721 | 62 | 10,987 | 1,382,355 | 3.602 |
Scottish American Investment Co (The) | Lord Kerr of Kinlochard GCMG | 10 Apr 15 | 6,036 | 251.25 | 15,165 | 131,607 | 0.099 |
Severfield | Alun Griffiths | 14 Apr 15 | 20,000 | 65.91 | 13,182 | 20,000 | 0.007 |
Standard Life | Elizabeth Noel Harwerth | 9 Apr 15 | 1,893 | 472 | 8,935 | 10,074 | 0.001 |
SVG Capital | David Robins | 10 Apr 15 | 3,000 | 514.99 | 15,450 | 7,000 | 0.004 |
Synety | Allan Ward | 10 Apr 15 | 28,075 | 89.05 | 25,001 | 234,870 | 1.936 |
Synety* | Paul Williams | 9 Apr 15 | 22,200 | 90 | 19,980 | 74,057 | 0.610 |
Synety* | Paul Williams | 9 Apr 15 | 10,000 | 90 | 9,000 | 74,057 | 0.610 |
Synety* | Dr George Oehm | 9 Apr 15 | 15,000 | 90 | 13,500 | 15,000 | 0.124 |
Synety* | Mark Seemann (ce) | 9 Apr 15 | 40,300 | 90 | 36,270 | 916,377 | 7.554 |
Synety* | Simon Cleaver (ch) | 9 Apr 15 | 56,812 | 90 | 51,131 | 374,066 | 3.084 |
VinaLand | Charles Isaac | 10 Apr 15 | 400,000 | 51.9 | 207,600 | 624,000 | 0.144 |
VinaLand | Michel Casselman (ch) | 13 Apr 15 | 350,000 | 52 | 182,000 | 1,270,500 | 0.294 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Al Noor Hospitals♥† | Khaldoun Haj Hasan | 14 Apr 15 | 23,373,242 | 924.04 | 215,977,498 | 0 | 0.000 |
CVS | Simon Innes (ce) | 9 Apr 15 | 300,000 | 555 | 1,665,000 | 246,475 | 0.416 |
Gemfields | Devidas Shetty | 15 Apr 15 | 100,000 | 59.75 | 59,750 | 0 | 0.000 |
Howden Joinery | Mark Robson (cfo) | 13 Apr 15 | 137,453 | 465.1 | 639,294 | 2,329,035 | 0.357 |
Howden Joinery♥ | Mark Robson (cfo) | 13 Apr 15 | 482,434 | 462.8 | 2,232,705 | 1,846,601 | 0.283 |
Maintel | Dale Todd (fd) | 15 Apr 15 | 10,000 | 640 | 64,000 | 37,397 | 0.347 |
Michelmersh Brick | Frank Hanna | 10 Apr 15 | 183,400 | 67.7 | 124,162 | 1,066,600 | 1.313 |
Michelmersh Brick♥ | Frank Hanna | 10 Apr 15 | 16,600 | 67.7 | 11,238 | 1,050,000 | 1.293 |
Nichols | Peter Nichols (ch) | 13 Apr 15 | 30,000 | 1,190 | 357,000 | 2,030,000 | 5.491 |
*Placing/tender/open offer ♥Spouse/connected party ΩIsa/Sipp/trust †Stake of private equity firm Ithmar Capital |