Is there no stopping the slide in Glencore 's (GLEN) share price? Chief executive Ivan Glasenberg had hoped this month's radical recovery plan would start to win the commodities group some desperately needed love in the markets, and even ponied up an eye-watering $211m (£138m) as part of a £1.6bn cash call on investors. Telis Mistakidis and Daniel Mate, heads of the company's copper and zinc divisions, chipped in $80m and $81m respectively.
As a result of the contribution, Mr Glasenberg's stake remains unchanged at 8.42 per cent, excluding treasury shares. But such is the bearish sentiment surrounding Glencore's shares that the value of the chief executive's latest purchase has already evaporated, with the shares down 15 per cent even on the 125p placing price at the time of writing.
Buys | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No. of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
AA | Dr M Clarke (cfo) | 10 Sep 15 | 1,278 | 281.5 | 3,598 | 788,778 | 0.130 |
AA | B Mackenzie (ch) | 10 Sep 15 | 1,278 | 281.5 | 3,598 | 876,278 | 0.145 |
Aberdeen New Dawn Investment Trust | D J B Shearer (ch) | 11 Sep 15 | 12,500 | 148.5 | 18,560 | 25,000 | 0.020 |
Aberdeen New Dawn Investment Trust | N George | 10 Sep 15 | 10,000 | 149 | 14,900 | 27,500 | 0.022 |
Actual Experience | R M Young | 11 Sep 15 | 3,700 | 260 | 9,620 | 3,700 | 0.010 |
Allianz Technology Trust | H van der Klugt | 11 Sep 15 | 5,000 | 581.5 | 29,075 | 5,000 | 0.019 |
Arm | S C Pusey | 10 Sep 15 | 6,329 | 948 | 59,999 | 6,329 | <0.001 |
Arm | A Green | 10 Sep 15 | 5,250 | 953 | 50,030 | 5,250 | <0.001 |
Asian Total Return Investment Co | C A Keljik OBE | 10 Sep 15 | 1,066 | 186.6 | 1,989 | 94,952 | 0.130 |
Avanti Communications | A Green | 16 Sep 15 | 21,888 | 218 | 47,716 | 21,888 | 0.015 |
Balfour Beatty | P Harrison (cfo) | 14 Sep 15 | 4,664 | 257 | 11,986 | 6,349 | 0.001 |
Berkeley ♥ | A Myers | 10 Sep 15 | 1,350 | 3457 | 46,670 | 2,000 | 0.001 |
BG | P W Thomas | 15 Sep 15 | 1,235 | 984.6 | 12,160 | 11,132 | <0.001 |
BG | L Haw-Kuang | 15 Sep 15 | 1,116 | 984.6 | 10,988 | 7,212 | <0.001 |
BG | M Seligman | 15 Sep 15 | 877 | 984.6 | 8,635 | 23,797 | 0.001 |
BG | Vivienne Cox | 15 Sep 15 | 617 | 984.6 | 6,075 | 5,732 | <0.001 |
BG | Baroness Hogg DL | 15 Sep 15 | 451 | 984.6 | 4,441 | 19,323 | 0.001 |
BG | M Ferguson | 15 Sep 15 | 226 | 984.6 | 2,225 | 417 | <0.001 |
BG | Sir David Manning | 15 Sep 15 | 138 | 984.6 | 1,359 | 3,675 | <0.001 |
CLS | S A Mortstedt (ch) | 16 Sep 15 | 801 | 1795 | 14,378 | 21,497,056 | 50.698 |
Diageo | Dr F B Humer (ch) | 10 Sep 15 | 480 | 1723 | 8,270 | 61,470 | 0.002 |
Duke Royalty Ω | N A Johnson (ce) | 10 Sep 15 | 10,000 | 70 | 7,000 | 410,000 | 5.375 |
Elektron Technology | C P Welch | 14 Sep 15 | 150,000 | 6.7 | 10,050 | 150,000 | 0.081 |
F&C Private Equity Trust | J C Rafferty | 15 Sep 15 | 3,000 | 227 | 6,809 | 35,000 | 0.049 |
Fidelity European Values | Dr R Niblett | 10 Sep 15 | 5,000 | 170.3 | 8,516 | 10,000 | 0.002 |
Fidessa | J R Hamer (ch) | 15 Sep 15 | 2,000 | 1802.5 | 36,050 | 86,808 | 0.227 |
Fidessa | C J F Aspinwall (ce) | 16 Sep 15 | 1,000 | 1794.8 | 17,948 | 123,542 | 0.323 |
Finsbury Growth & Income Trust Ω | S Hayes | 15 Sep 15 | 10,000 | 555 | 55,500 | 10,000 | 0.008 |
Flowtech Fluidpower Ω | B R Brooks (cfo) | 15 Sep 15 | 47,200 | 147 | 69,384 | 81,000 | 0.189 |
Glencore * | I Glasenberg (ce) | 16 Sep 15 | 110,109,098 | 125 | 137,636,373 | 1,211,957,850 | 9.261 |
GVC | K J Alexander (ce) | 11 Sep 15 | 61,725 | 405 | 249,986 | 483,798 | 0.790 |
GVC | L Feldman (ch) | 11 Sep 15 | 20,400 | 405 | 82,620 | 165,957 | 0.271 |
GVC | L Feldman (ch) | 11 Sep 15 | 10,482 | 402.5 | 42,190 | 145,557 | 0.238 |
International Consolidated Airlines | J A Lawrence | 11 Sep 15 | 110,000 | 589.4 | 648,366 | 326,500 | 0.016 |
John Menzies | I J G Napier (ch) | 11 Sep 15 | 2,405 | 415.7 | 9,997 | 15,360 | 0.025 |
Lowland Investment | P J C Troughton (ch) | 14 Sep 15 | 1,102 | 1378.3 | 15,188 | 19,557 | 0.073 |
Mothercare | M Newton-Jones (ce) | 16 Sep 15 | 21,843 | 227.3 | 49,652 | 248,829 | 0.146 |
PureTech Health | Dr J L Lamattina | 15 Sep 15 | 11,000 | 146.3 | 16,088 | 1,452,332 | 0.612 |
PureTech Health | Dr J L Lamattina | 11 Sep 15 | 5,508 | 145.2 | 7,996 | 1,441,332 | 0.607 |
Rotork | Lucinda Bell | 15 Sep 15 | 7,150 | 211.7 | 15,135 | 7,150 | 0.001 |
Share Ω | R W Stone (ce) | 16 Sep 15 | 82,321 | 31 | 25,520 | 170,635 | 0.119 |
SSE | Katie Bickerstaffe | 11 Sep 15 | 1,353 | 1451.9 | 19,644 | 3,658 | <0.001 |
Wm Morrison | T Strain (fd) | 10 Sep 15 | 58,453 | 169.8 | 99,253 | 97,794 | 0.004 |
WPP | L Ruigang | 16 Sep 15 | 4,000 | 1351 | 54,040 | 4,000 | <0.001 |
Sells | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No. of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Bodycote | D F Landless (fd) | 16 Sep 15 | 125,000 | 624.8 | 780,938 | 125,203 | 0.065 |
British Land | C Grigg (ce) | 14 Sep 15 | 87,592 | 804.1 | 704,320 | 1,857,741 | 0.181 |
Consort Medical | J Glenn (ce) | 11 Sep 15 | 3,234 | 959.8 | 31,038 | 150,278 | 0.306 |
Conygar Investment Company | P A Batchelor (fd) | 16 Sep 15 | 300,000 | 171 | 513,000 | 808,001 | 0.979 |
Flowtech Fluidpower ♥ | B R Brooks (cfo) | 15 Sep 15 | 47,200 | 147 | 69,384 | 33,800 | 0.079 |
Great Portland Estates | T A Courtauld (ce) | 14 Sep 15 | 145,881 | 840.2 | 1,225,692 | 1,504,151 | 0.437 |
Great Portland Estates | N Thompson | 14 Sep 15 | 116,127 | 840.2 | 975,699 | 784,696 | 0.228 |
Great Portland Estates | N Sanderson (fd) | 14 Sep 15 | 86,551 | 840.2 | 727,202 | 283,182 | 0.082 |
Great Portland Estates | N Sanderson (fd) | 14 Sep 15 | 75,000 | 837.7 | 628,275 | 208,440 | 0.061 |
Helical Bar | M E Slade (ce) | 10 Sep 15 | 492,000 | 421 | 2,071,320 | 12,156,820 | 10.286 |
Helical Bar | G A Kaye | 10 Sep 15 | 355,000 | 421 | 1,494,550 | 691,753 | 0.585 |
Helical Bar | N G McNair Scott (ch) | 10 Sep 15 | 100,000 | 421 | 421,000 | 2,520,941 | 2.133 |
Henry Boot | J T Sutcliffe (fd) | 15 Sep 15 | 28,043 | 228 | 63,938 | 510,445 | 0.387 |
Mulberry | R T Mather (fd) | 14 Sep 15 | 20,000 | 900 | 180,000 | 119,883 | 0.200 |
Onesavings Bank | S Wilcke | 10 Sep 15 | 699,711 | 368 | 2,574,936 | 300,000 | 0.123 |
Share | R W Stone (ce) | 16 Sep 15 | 82,321 | 31 | 25,495 | 88,314 | 0.061 |
Tangent Communications | M P Green (ch) | 10 Sep 15 | 50,000 | 2.6 | 1,313 | 83,158,190 | 29.975 |
*Placing/tender/open offer ♥Spouse/connected party ΩIsa/Sipp/trust |