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Bovis boss building stake

David Ritchie buys 25,000 shares in the housebuilder for £193,375.
October 16, 2014

David Ritchie, chief executive of Bovis Homes (BVS), has increased his stake in the housebuilder by buying 25,000 shares at a price of 773.5p a share. The £193,375 deal boosted his interest in the company to 0.11 per cent - or just over 146,000 shares.

IC TIP: Buy at 773p

The announcement came about a week after Jonathan Hill, group finance director, informed the board of his decision to take up a position at Saga and several months after Bovis posted buoyant interim results. In August, the housebuilder reported that its operating margins were approaching 18 per cent after revenue from legal completions jumped by 72 per cent and the number of homes built jumped 54 per cent to 1,487.

Buys       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
7digital  Simon Cole (ce)06 Oct 1420,00021.54,3002,214,5442.062
7digital  Ben Drury06 Oct 1420,00021.54,30012,786,90311.903
Advanced Oncotherapy Tim Lebus02 Oct 14400,0004.618,4001,363,0000.133
Alliance Trust Katherine Garrett-Cox (ce)02 Oct 141,223447.95,478605,3990.109
Alliance Trust John Hylands02 Oct 14252447.91,12984,2920.015
Alliance Trust ♥Karin Forseke (ch)02 Oct 14356447.91,595101,9990.018
Alliance Trust ♥Katherine Garrett-Cox (ce)02 Oct 14478447.92,141605,8770.109
Amlin Oliver Peterken02 Oct 143,000431.2612,9383,0000.001
Amlin ♥Oliver Peterken02 Oct 141,000430.864,3094,0000.001
BlueRock Diamonds Paul Beck (ch)07 Oct 1450,00011.55,7501,533,0004.863
Boot (Henry) John Brown (ch)03 Oct 1410,00019019,00035,0000.027
Bovis Homes ♥ David Ritchie (ce)03 Oct 1425,000773.5193,375146,0070.109
Cello  Mark Scott (ce)02 Oct 1410,600929,752964,3791.137
Christie  David Rugg (ce)02 Oct 141,4001341,8762,796,04610.540
Christie  David Rugg (ce)02 Oct 143,7001304,8102,794,64610.535
Cineworld ♥ Israel Greidinger03 Oct 142,477,017325.618,065,41573,311,34427.791
Cineworld ♥ Israel Greidinger06 Oct 141,165,000318.713,712,97274,476,34428.232
Cineworld ♥ Moshe Greidinger (ce)03 Oct 142,477,017325.618,065,41573,311,34427.791
Cineworld ♥ Moshe Greidinger (ce)06 Oct 141,165,000318.713,712,97274,476,34428.232
CLS Holdings John Whiteley (cfo)08 Oct 141531,3482,06213,0000.030
Countrywide Rupert Gavin07 Oct 142,100477.910,0364,5500.002
EnQuest Dr Jim Buckee (ch)08 Oct 1452,84194.1549,7502,048,9650.255
Fairpoint  David Harrel (ch)06 Oct 1450,000135.567,75068,4500.156
GameAccount Network Dermot Smurfit (ce)06 Oct 149,100706,3707,356,07513.215
GameAccount Network Dermot Smurfit (ce)03 Oct 1420,00069.7513,9507,346,97513.198
Goals Soccer Centres Keith Rogers02 Oct 1413,460222.529,9494,030,4466.894
Imaginatik Matt Cooper (ch)06 Oct 14200,0003.757,50013,420,31721.735
Infrastructure India Sonny Lulla (ce)06 Oct 14300,00011.7535,250650,0000.096
International Ferro Metals Janie Muller (fd)03 Oct 14150,0007.110,650400,0000.072
International Ferro Metals Stephen Turner03 Oct 14200,0007.114,2007,591,6671.370
International Ferro Metals Tony Grey (ch)03 Oct 14200,0007.114,2001,766,6670.319
International Ferro Metals Chris Jordaan (ce)03 Oct 14100,0007.17,100400,0000.072
International Ferro Metals Stephen Oke03 Oct 14100,0007.17,100350,0000.063
International Ferro Metals Terry Willsteed03 Oct 14150,0007.110,6501,500,0000.271
International Ferro Metals John Ballard03 Oct 14200,0007.114,200700,0000.126
International Ferro Metals Tian Xia03 Oct 14200,0007.114,200466,6670.084
International Ferro Metals Xiaoping Yang03 Oct 14200,0007.114,200466,6670.084
ITE  Sharon Baylay02 Oct 145,300169.58,98410,3000.004
Jardine Lloyd Thompson  Dominic Burke (ce)03 Oct 1410,000939.593,950265,3310.121
Kalimantan Gold Corp ♥F Ismail (ce)03 Oct 14100,0002.752,7505,116,0002.985
Kirkland Lake Gold IncDawn Whittaker02 Oct 14500310.151,5513,9200.005
Kirkland Lake Gold IncDawn Whittaker02 Oct 14500310.151,5514,4200.006
Mercantile Investment Trust (The) Jeremy Tigue02 Oct 141,7811,39624,8637,2260.007
Nighthawk Energy Rick McCullough (ch)03 Oct 141,100,0009.13100,4301,100,0000.115
Ortac Resources Anthony Balme (ch)08 Oct 142,500,0000.1824,550176,873,4637.031
Ortac Resources ♥A D N Balme  (ch)08 Oct 142,500,0000.184,500179,373,4637.130
Pantheon Resources *Justin Hondris (fd)02 Oct 14127,9682025,5941,062,9680.660
Pantheon Resources *John Walmsley (ch)02 Oct 14479,8832095,9771,589,8210.987
Pantheon Resources *John Cheatham (ce)02 Oct 14469,8712093,9743,299,1202.048
Pittards Stephen Boyd (ch)02 Oct 149,00011410,260171,6661.853
RapidCloud International Chee Han Wen03 Oct 1416,500498,0859,300,39050.327
Reed Elsevier Dr Wolfhart Hauser08 Oct 144,107968.8739,7914,107<0.001
Rolls-Royce Holdings John Neill 07 Oct 143359473,17244,2010.002
Senior ♥Derek Harding (fd)03 Oct 1410,000265.126,51067,4050.016
TomCo Energy *Mikka Haromo (fd)02 Oct 142,673,3270.513,3672,673,3270.143
TomCo Energy *Sir Nicholas Bonsor (ch)02 Oct 141,550,011577,5011,550,0110.075
TomCo Energy *Paul Rankine (ce)02 Oct 143,564,4360.517,8224,859,7370.260
Treatt Tim Jones (ch)07 Oct 144,775141.256,74567,2700.131
Venture Life  Dr Lynn Drummond (ch)03 Oct 1411,222899,98811,2220.038
Venture Life  Jerry Randall (ce)07 Oct 1410,000949,4003,922,12913.116
Venture Life  John Sylvester03 Oct 1410,00086.898,68910,0000.033
Venture Life ♥ Ian Mackinnon03 Oct 1410,000838,30010,0000.033
Sells       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Glanbia Patrick Gleeson08 Oct 1413,0001,133147,29010,1710.003
Microsaic Systems Andrew Holmes07 Oct 14100,0004242,0002,836,6564.498
Powerflute OyjDermot Smurfit02 Oct 1450,0004623,0003,350,0001.179
Powerflute OyjDermot Smurfit02 Oct 14200,0004590,0003,150,0001.109
Powerflute OyjDermot Smurfit03 Oct 141,150,00045517,5002,000,0000.704
Proton Power Systems Thomas Melczer08 Oct 14300,0006.2518,750500,0000.078
Rotala ♥Dr John Gunn (ch)07 Oct 14900,00055495,0009,671,83727.248
S & U Anthony Coombs (ch)06 Oct 14120,0001,9202,304,0001,334,02711.273
Somero Enterprises IncJack Cooney (ce)02 Oct 141,412,4681281,807,9592,814,6345.009
* placing/tender/open offer ♥ spouse/connected party † Depositary receipts