Crest Nicholson (CRST) chief executive Stephen Stone has sold 400,000 shares in the company, raising a cool £2.2m, but shareholders shouldn't be that concerned: he still owns around 3.7m shares.
IC TIP:
Buy
at
567p
And the housebuilder remains in good shape, reaching sales of £1bn which represents a 90 per cent increase in revenues since 2013 when the company was re-listed. And despite the uncertainty generated by the forthcoming Brexit process, it maintains its target of reaching 4,000 homes a year and sales of £1.4bn by 2019.
Crest Nicholson recently attracted controversy by deciding to push ahead with a share award scheme for top executives despite more than half the votes cast at the AGM voting down the proposal. The scheme, which could see Mr Stone receive a share bonus worth £812,000, attracted criticism because profit targets had been lowered.
Buys | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Aberdeen Diversified Income and Growth Trust | Paul Yates | 11 Apr 17 | 24,506 | 116.5 | 28,549 | 70,000 | 0.021 |
| Advanced Oncotherapy | Enrico Vanni | 12 Apr 17 | 100,000 | 27.5 | 27,500 | 1,023,946 | 1.402 |
| Bluebird Merchant Ventures | Aidan Bishop | 11 Apr 17 | 1,800,000 | 2 | 36,000 | 52,752,500 | 28.520 |
| British American Tobacco | Savio Kwan | 12 Apr 17 | 3,000 | 5376 | 161,280 | 6,148 | 0.000 |
| CC Japan Income & Growth Trust | Peter Wolton | 12 Apr 17 | 10,000 | 132.5874 | 13,259 | 35,000 | 0.042 |
| Chaarat Gold | Martin Wiwen-Nilsson | 12 Apr 17 | 50,000 | 20 | 10,000 | 8,772,023 | 2.494 |
| Chaarat Gold | Martin Wiwen-Nilsson | 12 Apr 17 | 75,000 | 20 | 15,000 | 8,972,023 | 2.550 |
| Chaarat Gold | Martin Wiwen-Nilsson | 12 Apr 17 | 125,000 | 20 | 25,000 | 8,897,023 | 2.529 |
| Elementis | Paul Waterman (ceo) | 6 Apr 17 | 10,000 | 288.3045 | 28,830 | 45,000 | 0.010 |
| Fidelity European Values | Paul Yates | 11 Apr 17 | 10,720 | 195.257 | 20,932 | 32,000 | 0.008 |
| Finsbury Food | Zoe Morgan | 6 Apr 17 | 29,248 | 105.94 | 30,985 | 50,229 | 0.039 |
| Finsbury Food | Zoe Morgan | 7 Apr 17 | 19,799 | 106 | 20,987 | 70,028 | 0.054 |
| Go-Ahead | Adrian Ewer | 7 Apr 17 | 2,864 | 1,736.532 | 49,734 | 3,002 | 0.007 |
| M Winkworth | Dominic Agace (ceo) | 12 Apr 17 | 45,000 | 104 | 46,800 | 597,628 | 4.693 |
| Micro Focus International | Kevin Loosemore (ch) | 11 Apr 17 | 2,898 | 2,509.5 | 72,725 | 701,418 | 0.306 |
| Murray International Trust | David Hardie | 12 Apr 17 | 1,642 | 1,211.88 | 19,899 | 12,509 | 0.010 |
| Oakley Capital Investments | James Keyes | 11 Apr 17 | 20,000 | 154 | 30,800 | 30,000 | 0.015 |
| Oakley Capital Investments | Peter Dubens | 6 Apr 17 | 100,000 | 155 | 155,000 | 1,948,167 | 0.951 |
| Orogen* | Alan Mooney | 10 Apr 17 | 518,443 | 1.5 | 7,777 | 3,703,553 | 1.410 |
| Orogen* | Alan Mooney | 10 Apr 17 | 2,666,667 | 1.5 | 40,000 | 3,703,553 | 1.410 |
| Orogen* | Edward Slowey | 10 Apr 17 | 663,584 | 1.5 | 9,954 | 1,327,168 | 0.505 |
| Orogen* | Michael Nolan | 10 Apr 17 | 540,443 | 1.5 | 8,107 | 3,747,553 | 1.426 |
| Orogen* | Michael Nolan | 10 Apr 17 | 2,666,667 | 1.5 | 40,000 | 3,747,553 | 1.426 |
| Orogen* | Adam Reynolds (ch) | 10 Apr 17 | 348,162 | 1.5 | 5,222 | 6,362,991 | 2.422 |
| Orogen* | Adam Reynolds (ch) | 10 Apr 17 | 5,666,667 | 1.5 | 85,000 | 348,162 | 1.110 |
| Orogen* | Colin Bird | 10 Apr 17 | 400,000 | 1.5 | 6,000 | 2,133,333 | 0.812 |
| Orogen* | Colin Bird | 10 Apr 17 | 1,333,333 | 1.5 | 20,000 | 2,133,333 | 0.812 |
| Orogen* | Mark Collingbourne | 10 Apr 17 | 2,666,667 | 1.5 | 40,000 | 2,666,667 | 1.015 |
| Orogen* | Stevan Metcalfe | 10 Apr 17 | 5,666,667 | 1.5 | 85,000 | 5,666,667 | 2.157 |
| Palace Capital | Neil Sinclair | 6 Apr 17 | 5,000 | 365 | 18,250 | 178,767 | 0.711 |
| Palace Capital | Neil Sinclair | 7 Apr 17 | 5,000 | 365 | 18,250 | 183,767 | 0.731 |
| Personal Assets Trust | Frank Rushbrook | 6 Apr 17 | 130 | 40,721 | 52,937 | 13,493 | 0.693 |
| Personal Assets Trust♥ | Frank Rushbrook | 6 Apr 17 | 130 | 40,721 | 52,937 | 13,623 | 0.700 |
| Personal Assets Trust♥ | Stuart Paul | 7 Apr 17 | 35 | 40,788 | 14,276 | 4,626 | 0.238 |
| Personal Assets Trust | Stuart Paul | 7 Apr 17 | 35 | 40,788 | 14,276 | 4,661 | 0.239 |
| Phoenix | Wendy Mayall | 7 Apr 17 | 7,000 | 724.9 | 50,743 | 25,000 | 0.006 |
| Pittards | Stephen Yapp (ch) | 10 Apr 17 | 25,000 | 80 | 20,000 | 60,231 | 0.434 |
| Schroders♥ | Rakhi Goss-Custard | 6 Apr 17 | 669 | 3,061 | 20,478 | 669 | 0.000 |
| StatPro | Jane Tozer | 7 Apr 17 | 14,813 | 100.5 | 14,887 | 39,565 | 0.061 |
| StatPro♥ | Carl Bacon (ch) | 7 Apr 17 | 50,000 | 100.5 | 50,250 | 879,000 | 1.358 |
| StatPro | David Courtley | 7 Apr 17 | 29,627 | 100.5 | 29,775 | 29,627 | 0.046 |
| StatPro | Rory Curran | 7 Apr 17 | 24,689 | 100.5 | 24,812 | 24,689 | 0.038 |
| Sula Iron & Gold♥ | Iain Macpherson | 12 Apr 17 | 90,473,622 | 0.4 | 361,894 | 128,743,370 | 5.813 |
| Tavistock Investments | Oliver Cooke (ch) | 11 Apr 17 | 800,000 | 2.85 | 22,800 | 26,188,556 | 4.908 |
| Tesco | John Allan (ch) | 12 Apr 17 | 20,000 | 185.54 | 37,108 | 244,349 | 0.003 |
| Tesco | Mark Armour | 12 Apr 17 | 25,000 | 185.36 | 46,340 | 50,000 | 0.001 |
Sells | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Crest Nicholson | Stephen Stone (ceo) | 10 Apr 17 | 400,000 | 550.0708 | 2,200,283 | 3,766,820 | 1.475 |
| Escher | Fionnuala Higgins | 10 Apr 17 | 255,000 | 145 | 369,750 | 1,805,160 | 9.650 |
| Escher | Liam Church (ceo) | 10 Apr 17 | 255,000 | 145 | 369,750 | 1,805,160 | 9.650 |
| Gamma Communications | Andrew Stone | 10 Apr 17 | 100,000 | 515 | 515,000 | 900,500 | 0.979 |
| IDOX♥ | Richard Kellett-Clarke | 7 Apr 17 | 200,000 | 69.02 | 138,040 | 12,373,279 | 3.061 |
| Mid Wynd International Inv Trust♥ | Russell Napier | 6 Apr 17 | 22,000 | 438.2 | 96,404 | 199,325 | 0.640 |
| *Placing/tender/open offer ♥Spouse/connected party | |||||||
