OneSavings Bank (OSB) has left many of the other financial stocks trailing in its wake, increasing in value by more than three-quarters since the start of January. So it is of little surprise that directors are looking to take some profits. Earlier this month, non-executive director Stephan Wilcke sold more than two-thirds of his stake for £2.6m.
The market, encouraged by the strong organic and acquisitive growth to OSB's loan book, barely paused for thought on news of Mr Wilcke's sell-down. Indeed, the stock has batted off challenges this year from the tax hike for buy-to-let landlords and the profit surcharge for smaller lenders, both contained in the Budget.
These concerns have been swallowed by the wave of demand for lending from buy-to-let landlords and small businesses. Gross new organic lending was up by a fifth in the first half compared with the previous comparable, and the company expects total loan book growth for the full year to be slightly ahead of the 2014 financial year.
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 Holdings ♥ | 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 Ltd 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 |