Although shares in Arbuthnot Banking (ARBB) are riding at a 12-month high, chairman and chief executive Sir Henry Angest has decided to splash the cash, buying another 150,500 shares at a total cost of £2.15m to take his stake in the company from 55 per cent to 56 per cent.
Sir Henry bought the additional share from the group's old Employee Share Option Plan (ESOP), which was replaced midway through last year by a new phantom share scheme. This means that the shares held in the old trust were no longer required to settle any options.
The purchase comes just a week or two after the group announced results for the year ended 31 December 2016. Total operating income rose by a fifth to £41.5m, while the balance sheet also finished up in good shape. The group also retains an 18.6 per cent stake in Secure Trust Bank (STB), which is said to be worth £75m.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
AO World* | Mark Higgins (cfo) | 30 Mar 17 | 3,773 | 132.5 | 4,999 | 27,701 | 0.006 |
AO World | Geoff Cooper (ch) | 4 Apr 17 | 28,573 | 139.99 | 39,999 | 128,573 | 0.028 |
Advanced Oncotherapy | Enrico Vanni | 3 Apr 17 | 75,000 | 28.67 | 21,503 | 898,946 | 1.237 |
Advanced Oncotherapy | Enrico Vanni | 4 Apr 17 | 25,000 | 29.25 | 7,313 | 923,946 | 1.272 |
Advanced Oncotherapy♥ | Michael Sinclair (ch) | 3 Apr 17 | 100,000 | 28.35 | 28,350 | 4,728,230 | 6.508 |
Arbuthnot Banking | Henry Angest (ch & ce) | 30 Mar 17 | 150,500 | 1433.2 | 2,156,966 | 8,351,401 | 56.091 |
Blue Star Capital* | Tony Fabrizi (ceo) | 4 Apr 17 | 4,166,666 | 0.12 | 5,000 | 19,757,959 | 1.600 |
CVS♥ | Nick Perrin (fd) | 31 Mar 17 | 3,714 | 1080 | 40,111 | 32,000 | 0.050 |
Card Factory | Karen Hubbard (ceo) | 3 Apr 17 | 12,393 | 282.4 | 34,998 | 51,797 | 0.015 |
CyanConnode | Peter Hutton | 5 Apr 17 | 26,308,972 | 0.19 | 49,987 | 26,308,972 | 0.149 |
Ergomed | Peter George (ch) | 3 Apr 17 | 100,000 | 190 | 190,000 | 231,250 | 0.571 |
Everyman Media | Philip Jacobson | 4 Apr 17 | 30,000 | 131 | 39,300 | 66,000 | 0.110 |
Flybe | Christine Ourmieres-Widener (ceo) | 30 Mar 17 | 119,760 | 41.75 | 50,000 | 119,760 | 0.055 |
Frontier Developments | Alex Bevis (cfo) | 31 Mar 17 | 15,000 | 292.22 | 43,833 | 15,000 | 0.044 |
Hiscox | Anne Macdonald | 30 Mar 17 | 2,150 | 1102.4727 | 23,703 | 16,600 | 0.006 |
Hiscox | Ernst Jansen | 30 Mar 17 | 2,241 | 1102.4727 | 24,706 | 92,188 | 0.032 |
Hiscox | Hamayou Hussain (cfo) | 31 Mar 17 | 19,700 | 1088.947 | 214,523 | 19,700 | 0.007 |
Hiscox | Colin Keogh | 30 Mar 17 | 1,289 | 1102.4727 | 14,211 | 12,531 | 0.004 |
Ladbrokes Coral | Stevie Spring | 31 Mar 17 | 38,240 | 130.09 | 49,746 | 38,240 | 0.002 |
Laird | A Quinlan (ceo) | 5 Apr 17 | 10,000 | 148.78 | 14,878 | 102,820 | 0.021 |
Laird♥ | A Quinlan (ceo) | 5 Apr 17 | 10,000 | 149.063 | 14,906 | 112,820 | 0.023 |
LiDCO | Peter Grant | 31 Mar 17 | 500,000 | 7.32 | 36,600 | 500,000 | 0.205 |
Montanaro UK Smaller Companies Inv Tr♥ | Arthur Copple | 31 Mar 17 | 5,000 | 503.5775 | 25,179 | 5,000 | 0.015 |
Mountview Estates♥ | Duncan Sinclair (ceo) | 31 Mar 17 | 36,000 | 11041 | 3,974,760 | 574,383 | 14.731 |
North Atlantic Smaller Companies Inv Trust♥ | Peregrine Moncreiffe (ch) | 31 Mar 17 | 156 | 2550 | 3,978 | 410,110 | 2.843 |
North Atlantic Smaller Companies Inv Trust♥ | Peregrine Moncreiffe (ch) | 31 Mar 17 | 530 | 2550 | 13,515 | 409,386 | 2.838 |
North Atlantic Smaller Companies Inv Trust♥ | Peregrine Moncreiffe (ch) | 31 Mar 17 | 568 | 2550 | 14,484 | 408,856 | 2.834 |
North Atlantic Smaller Companies Inv Trust♥ | Peregrine Moncreiffe (ch) | 31 Mar 17 | 568 | 2550 | 14,484 | 409,954 | 2.842 |
North Atlantic Smaller Companies Inv Trust♥ | Peregrine Moncreiffe (ch) | 31 Mar 17 | 606 | 2550 | 15,453 | 408,288 | 2.830 |
North Atlantic Smaller Companies Inv Trust♥ | Peregrine Moncreiffe (ch) | 31 Mar 17 | 980 | 2533 | 24,823 | 407,682 | 2.826 |
North Atlantic Smaller Companies Inv Trust♥ | Peregrine Moncreiffe (ch) | 31 Mar 17 | 1,054 | 2550 | 26,877 | 406,702 | 2.819 |
North Atlantic Smaller Companies Inv Trust♥ | Peregrine Moncreiffe (ch) | 4 Apr 17 | 575 | 2545 | 14,634 | 410,685 | 2.847 |
Oakley Capital Investments | Christopher Wetherhill (ch) | 5 Apr 17 | 25,000 | 155 | 38,750 | 200,000 | 0.098 |
Oakley Capital Investments | Peter Dubens | 5 Apr 17 | 63,579 | 156.5 | 99,501 | 1,848,167 | 0.902 |
Persimmon | Nigel Mills | 4 Apr 17 | 716 | 2087.75 | 14,948 | 716 | 0.000 |
Phoenix | John Pollock | 3 Apr 17 | 10,000 | 744.8513 | 74,485 | 10,000 | 0.003 |
Quarto | Jess Burley | 4 Apr 17 | 4,055 | 257 | 10,421 | 7,355 | 0.037 |
Seneca Global Income & Growth Trust | James McCulloch | 30 Mar 17 | 30,000 | 168.3 | 50,490 | 95,000 | 0.236 |
Seneca Global Income & Growth Trust | Richard Ramsay (ch) | 30 Mar 17 | 59,347 | 168.2 | 99,822 | 133,014 | 0.330 |
TP ICap | John Phizackerley (ceo) | 3 Apr 17 | 151,964 | 455 | 691,436 | 326,664 | 0.059 |
Tasty | Jonny Plant (ceo) | 30 Mar 17 | 50,000 | 75 | 37,500 | 4,313,843 | 7.220 |
Treatt | Richard Illek | 31 Mar 17 | 15,000 | 377.3 | 56,595 | 55,000 | 0.106 |
VPC Specialty Lending Investments♥ | Richard Levy | 3 Apr 17 | 81,010 | 75 | 60,758 | 1,433,886 | 0.379 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Bango | Anil Malhotra | 3 Apr 17 | 10,000 | 151 | 15,100 | 3,976,815 | 6.101 |
Bango | Ray Anderson (ceo) | 3 Apr 17 | 14,000 | 147 | 20,580 | 6,614,949 | 10.148 |
Barr (A G)♥ | Jonathan Kemp | 3 Apr 17 | 4,000 | 581.5 | 23,260 | 17,857 | 0.015 |
Berkeley | Anthony Pidgley (ch) | 4 Apr 17 | 1,000,000 | 3110 | 31,100,000 | 5,498,916 | 3.987 |
Gamma Communications | Andrew Stone | 30 Mar 17 | 100,000 | 493 | 493,000 | 1,100,500 | 1.196 |
Gamma Communications | Andrew Stone | 5 Apr 17 | 100,000 | 505 | 505,000 | 1,000,500 | 1.087 |
Travis Perkins | Anthony Buffin | 31 Mar 17 | 13,500 | 1514.179 | 204,414 | 129,244 | 0.051 |
*Placing/tender/open offer ♥Spouse/connected party |