Six months after securing his initial stake, Intertek's (ITRK) André Lacroix has effectively doubled his exposure to the inspection and certification group through the purchase of another 100,000 shares, setting the chief executive back around £3.27m.
A commitment of this magnitude might reasonably be construed as a sign of confidence, but in the case of Monsieur Lacroix 'self confidence' might be a more apt interpretation. After all, the group's market value has increased by around 26 per cent since he joined the board from motor retailer Inchcape (INCH) a year ago. He has also presided over a strategic review intended to focus the group on those areas of the business with good prospects for growth and margins. A change in tack was inevitable given the extent to which the group has been hit by the slump in oil and gas markets, but there's still nothing to suggest that the capital expenditure cycle has actually troughed.
Buys | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Aberdeen Asian Income Fund | P Arthur (ch) | 22 Apr 16 | 290 | 172.75 | 501 | 49,002 | 0.026 |
Athelney Trust*♥ | E Pohl (ch) | 21 Apr 16 | 21,850 | 233.2 | 50,954 | 297,359 | 13.780 |
Athelney Trust* | R Boyle | 21 Apr 16 | 10,000 | 233.2 | 23,320 | 446,555 | 20.694 |
Athelney Trust* | S Moore | 21 Apr 16 | 6,300 | 233.2 | 14,692 | 32,000 | 1.483 |
Balfour Beatty | L Quinn (ceo) | 22 Apr 16 | 218,500 | 226.87 | 495,711 | 381,420 | 0.055 |
BlackRock Smaller Companies Trust | Susan Platts-Martin | 26 Apr 16 | 1,000 | 897.8 | 8,978 | 1,000 | 0.002 |
BlackRock Throgmorton Trust | Lord Latymer (ch) | 25 Apr 16 | 45 | 328.75 | 148 | 32,844 | 0.045 |
Brown (N) | Angela Spindler (ceo) | 21 Apr 16 | 18,000 | 270.9 | 48,762 | 93,295 | 0.033 |
Capita | John Cresswell | 26 Apr 16 | 1,000 | 1,003.89 | 10,039 | 1,000 | 0.000 |
Capital & Regional | Hugh Scott-Barrett (ceo) | 26 Apr 16 | 200,000 | 65 | 130,000 | 2,285,000 | 0.327 |
Equiniti | Guy Wakeley (ceo) | 26 Apr 16 | 5,983 | 166.2 | 9,944 | 1,290,986 | 0.430 |
F&C Global Smaller Companies | Josephine Dixon | 22 Apr 16 | 2,000 | 1,018 | 20,360 | 2,000 | 0.004 |
FirstGroup | Mick Barker | 25 Apr 16 | 593 | 98 | 581 | 74,442 | 0.006 |
FirstGroup | Tim O'Toole (ceo) | 25 Apr 16 | 8,069 | 98 | 7,908 | 857,439 | 0.071 |
Fulham Shore | Nabil Mankarious | 27 Apr 16 | 500,000 | 16 | 80,000 | 112,259,893 | 33.761 |
Greatland Gold | Paul Johnson | 25 Apr 16 | 2,260,031 | 0.24 | 5,424 | 56,666,667 | 4.753 |
Hikma Pharmaceuticals♥ | Mohammed A K S Al-Husry | 22 Apr 16 | 30,000 | 2,325 | 697,500 | 5,787,125 | 2.417 |
Hikma Pharmaceuticals | Mohammed A K S Al-Husry | 25 Apr 16 | 10,000 | 2,324 | 232,400 | 5,787,920 | 2.418 |
Hikma Pharmaceuticals | Mohammed A K S Al-Husry | 26 Apr 16 | 10,000 | 2,260 | 226,000 | 5,788,716 | 2.418 |
Hikma Pharmaceuticals♥ | Mazen Darwazah | 22 Apr 16 | 30,000 | 2,325 | 697,500 | 7,197,225 | 3.007 |
Hikma Pharmaceuticals | Mazen Darwazah | 25 Apr 16 | 10,000 | 2,324 | 232,400 | 7,198,307 | 3.007 |
Hikma Pharmaceuticals | Mazen Darwazah | 26 Apr 16 | 10,000 | 2,260 | 226,000 | 7,199,388 | 3.007 |
Hikma Pharmaceuticals♥ | Said Darwazah (ch & ceo) | 22 Apr 16 | 30,000 | 2,325 | 697,500 | 13,151,713 | 5.494 |
Hikma Pharmaceuticals | Said Darwazah (ch & ceo) | 25 Apr 16 | 10,000 | 2,324 | 232,400 | 13,153,862 | 5.495 |
Hikma Pharmaceuticals | Said Darwazah (ch & ceo) | 26 Apr 16 | 10,000 | 2,260 | 226,000 | 13,156,011 | 5.496 |
Home Retail Group♥ | John Coombe (ch) | 27 Apr 16 | 7,996 | 171.1 | 13,681 | 17,996 | 0.002 |
Home Retail Group | Ian Durant | 27 Apr 16 | 4,160 | 171.1 | 7,118 | 49,581 | 0.006 |
Home Retail Group | Mike Darcey | 27 Apr 16 | 4,160 | 171.1 | 7,118 | 63,879 | 0.008 |
Home Retail Group | Cath Keers | 27 Apr 16 | 4,355 | 171.1 | 7,451 | 52,562 | 0.006 |
Home Retail Group♥ | Jacqueline de Rojas | 27 Apr 16 | 4,160 | 171.1 | 7,118 | 20,562 | 0.003 |
Hunting | Annell Bay | 27 Apr 16 | 4,500 | 372.59 | 16,767 | 8,000 | 0.005 |
Intertek | Andre Lacroix (ceo) | 22 Apr 16 | 100,000 | 3,271.5508 | 3,271,551 | 200,000 | 0.124 |
Jupiter European Opportunities Trust | Lord Lamont of Lerwick PC | 22 Apr 16 | 2,190 | 539 | 11,804 | 12,680 | 0.011 |
Jupiter UK Growth Investment Trust | Tom Bartlam (ch) | 25 Apr 16 | 80,000 | 299 | 239,200 | 117,500 | 0.784 |
Menhaden Capital | Howard Pearce | 25 Apr 16 | 3,043 | 62.66 | 1,907 | 8,000 | 0.010 |
People's Operator (The) | Jimmy Wales (ch) | 26 Apr 16 | 100,000 | 20 | 20,000 | 6,086,760 | 7.895 |
Rockhopper Exploration | Fiona MacAulay | 26 Apr 16 | 49,867 | 33 | 16,456 | 115,559 | 0.025 |
Rockhopper Exploration | John Martin | 26 Apr 16 | 91,600 | 33.75 | 30,915 | 91,600 | 0.020 |
Rockhopper Exploration | Stewart Macdonald (cfo) | 26 Apr 16 | 45,225 | 33 | 14,924 | 83,913 | 0.018 |
Saga | Bridget McIntyre | 22 Apr 16 | 7,245 | 207 | 14,997 | 7,245 | 0.001 |
Saga♥ | Andrew Goodsell (ch) | 26 Apr 16 | 2,564,103 | 195 | 5,000,001 | 5,266,806 | 0.471 |
Sirius Minerals | Elizabeth Noel Harwerth | 27 Apr 16 | 49,608 | 18.12 | 8,989 | 69,465 | 0.003 |
St Ives | Ben Gordon | 26 Apr 16 | 15,000 | 126.3 | 18,945 | 25,000 | 0.018 |
St Ives | Mike Butterworth | 26 Apr 16 | 15,000 | 121 | 18,150 | 26,000 | 0.018 |
St Ives♥ | Matt Armitage (ceo) | 26 Apr 16 | 30,000 | 122.6 | 36,780 | 366,931 | 0.258 |
St Ives | Brad Gray (cfo) | 26 Apr 16 | 12,532 | 120.9 | 15,151 | 70,998 | 0.050 |
St Ives | Richard Stillwell (ch) | 26 Apr 16 | 15,000 | 119.7 | 17,955 | 67,000 | 0.047 |
St Ives | Helen Stevenson | 26 Apr 16 | 5,000 | 127.4 | 6,370 | 12,000 | 0.008 |
St Ives | Helen Stevenson | 26 Apr 16 | 7,500 | 126 | 9,450 | 19,500 | 0.014 |
St Ives | Helen Stevenson | 27 Apr 16 | 2,446 | 128 | 3,131 | 21,946 | 0.015 |
Tristel | Paul Swinney (ceo) | 26 Apr 16 | 5,000 | 114.7 | 5,735 | 930,000 | 2.206 |
Tullett Prebon | Carol Sergeant | 22 Apr 16 | 9,038 | 348.5 | 31,497 | 9,038 | 0.004 |
TyraTech | Jim Hills | 21 Apr 16 | 50,000 | 4.25 | 2,125 | 2,529,957 | 1.157 |
TyraTech | Jim Hills | 21 Apr 16 | 100,000 | 4.5 | 4,500 | 2,479,957 | 1.135 |
Sells | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Barr (A G) | J Kemp | 27 Apr 16 | 4,896 | 606 | 29,670 | 20,729 | 0.018 |
BrainJuicer | John Kearon (ceo) | 21 Apr 16 | 500,000 | 332.5 | 1,662,500 | 3,359,996 | 27.335 |
Brooks Macdonald | S Wombwell | 27 Apr 16 | 35,000 | 1,700 | 595,000 | 54,189 | 0.396 |
Brooks Macdonald | R Spencer | 27 Apr 16 | 550,000 | 1,700 | 9,350,000 | 226,743 | 1.658 |
Capital & Regional | Hugh Scott-Barrett (ceo) | 26 Apr 16 | 150,000 | 64 | 96,000 | 2,135,000 | 0.305 |
Hammerson | Jean-Philippe Mouton | 21 Apr 16 | 20,133 | 582.3 | 117,234 | 245,795 | 0.031 |
Independent Investment Trust (The)♥ | Maxwell Ward | 27 Apr 16 | 50,000 | 384 | 192,000 | 4,550,000 | 8.194 |
Mortgage Advice Bureau* | David Preece | 27 Apr 16 | 1,050,000 | 360 | 3,780,000 | 1,524,800 | 3.022 |
Mortgage Advice Bureau* | Peter Brodnicki (ceo) | 27 Apr 16 | 4,015,490 | 360 | 14,455,764 | 14,110,910 | 27.964 |
SThree | Steven Quinn | 21 Apr 16 | 40,000 | 330 | 132,000 | 264,054 | 0.205 |
* placing/tender/open offer ♥ spouse/connected party Ω tender offer |