It will soon be the end of an era at HSBC (HSBA), when chairman Douglas Flint hands over the reins to current AIA Group chief executive Mark Tucker in October. Before departing, Mr Flint has offloaded some of his holding in the banking giant, selling almost £1m-worth of shares.
Mr Flint has been in his current role since 2010 and was finance director during the 15 years prior to this. Under his tenure as chairman, the banking group has focused investment on growth in Asia. The region accounted for 83 per cent of pre-tax profits during the first three months of the year. It is perhaps for that reason that the market greeted the announcement of Mr Tucker as replacement chairman so positively. In addition to his role at AIA, he was previously chief executive at Asia-focused life assurer Prudential (PRU) until 2009. Mr Tucker's most pressing task will be to find a replacement for the bank's chief executive, Stuart Gulliver, when he retires next year.
Buys | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
4imprint | Paul Moody (ch) | 10 May 17 | 5,000 | 1,828 | 91,400 | 5,000 | 0.018 |
Advanced Oncotherapy | Chris Nutting | 08 May 17 | 202,500 | 24.67 | 49,957 | 217,316 | 0.287 |
Arix Bioscience | Joe Anderson (ceo) | 08 May 17 | 21,532 | 202.39 | 43,579 | 299,310 | 0.311 |
Arix Bioscience | Jon Peacock (ch) | 08 May 17 | 11,484 | 202.39 | 23,242 | 567,040 | 0.590 |
Arix Bioscience | James Rawlingson (cfo) | 08 May 17 | 11,484 | 202.39 | 23,242 | 11,484 | 0.012 |
Better Capital | Jonathan Moulton | 08 May 17 | 1,100,000 | 107.5 | 1,182,500 | 25,723,809 | 12.440 |
Countrywide | Natalie Ceeney | 05 May 17 | 1,751 | 159.86 | 2,799 | 23,067 | 0.011 |
Countrywide | Natalie Ceeney | 05 May 17 | 21,316 | 160.91 | 34,300 | 21,316 | 0.010 |
Directa Plus♥ | Giulio Cesareo (ceo) | 09 May 17 | 29,411 | 68 | 19,999 | 3,160,891 | 7.149 |
Directa Plus | Marco Ferrari (cfo) | 04 May 17 | 4,500 | 67 | 3,015 | 11,166 | 0.025 |
Directa Plus | Richard Hickinbotham | 04 May 17 | 29,000 | 67 | 19,430 | 29,000 | 0.066 |
Downing Strategic Micro-Cap Investment Trust♥ | Hugh Aldous | 09 May 17 | 19,791 | 100 | 19,791 | 120,091 | 0.216 |
Downing Strategic Micro-Cap Investment Trust | Diana Hunter | 09 May 17 | 4,726 | 102 | 4,821 | 29,726 | 0.053 |
Downing Strategic Micro-Cap Investment Trust | Diana Hunter | 09 May 17 | 18,941 | 102 | 19,320 | 48,667 | 0.088 |
Frontier Developments | Charles Cotton | 08 May 17 | 4,000 | 335 | 13,400 | 99,339 | 0.291 |
Henderson Diversified Income Trust | Ian Wright | 09 May 17 | 30,000 | 92.44 | 27,732 | 30,000 | 0.016 |
Hydrogen | Stephen Puckett (ch) | 10 May 17 | 100,000 | 36.75 | 36,750 | 550,000 | 2.297 |
International Public Partnerships | Giles Frost | 08 May 17 | 300,000 | 150 | 450,000 | 813,274 | 0.060 |
International Public Partnerships | John Le Poidevin | 08 May 17 | 32,000 | 150 | 48,000 | 32,000 | 0.002 |
International Public Partnerships | John Whittle | 08 May 17 | 6,666 | 150 | 9,999 | 58,864 | 0.004 |
International Public Partnerships | Rupert Dorey (ch) | 08 May 17 | 129,000 | 150 | 193,500 | 922,687 | 0.068 |
International Public Partnerships | Claire Whittet | 08 May 17 | 6,532 | 150 | 9,798 | 65,455 | 0.005 |
International Public Partnerships | Claire Whittet | 08 May 17 | 6,666 | 150 | 9,999 | 58,923 | 0.004 |
Invesco Asia Trust | Fleur Meijs | 08 May 17 | 5,648 | 264 | 14,911 | 5,648 | 0.007 |
JPMorgan American Investment Trust | Nadia Manzoor | 10 May 17 | 2,631 | 377.444 | 9,931 | 2,631 | 0.001 |
Monchhichi | Jean-Pascal Tranié (ceo) | 04 May 17 | 700,000 | 37 | 259,000 | 1,410,000 | 3.212 |
Octagonal | Martin Davison | 08 May 17 | 700,000 | 2.55 | 17,850 | 21,765,000 | 3.885 |
Octagonal | Martin Davison | 09 May 17 | 300,000 | 2.55 | 7,650 | 22,065,000 | 3.939 |
Ortac Resources* | Anthony Balme (ch) | 08 May 17 | 1,000,000 | 3 | 30,000 | 9,588,902 | 6.444 |
Ortac Resources* | Nick von Schirnding | 08 May 17 | 333,333 | 3 | 10,000 | 593,333 | 0.399 |
Ortac Resources* | Vassilios Carellas (ceo) | 08 May 17 | 166,667 | 3 | 5,000 | 936,667 | 0.629 |
Pearson | Coram Williams (cfo) | 05 May 17 | 5,000 | 755 | 37,750 | 15,010 | 0.002 |
Pearson | John Fallon (ceo) | 05 May 17 | 23,728 | 754.4 | 179,004 | 326,784 | 0.040 |
Produce Investments | Neil Davidson (ch) | 04 May 17 | 37,500 | 193 | 72,375 | 82,500 | 0.306 |
Produce Investments | Neil Davidson (ch) | 05 May 17 | 26,000 | 200 | 52,000 | 108,500 | 0.403 |
Regency Mines* | Andrew Bell (ch) | 08 May 17 | 2,222,222 | 0.9 | 20,000 | 2,222,222 | 0.398 |
Rentokil Initial | Chris Geoghegan | 04 May 17 | 19,830 | 249.1409 | 49,405 | 19,830 | 0.001 |
Ricardo | William Spencer | 09 May 17 | 8,000 | 915 | 73,200 | 8,000 | 0.015 |
Shearwater* | Giles Willits | 09 May 17 | 625,000 | 4 | 25,000 | 6,250,000 | 0.651 |
Shearwater* | Christopher Eadie | 09 May 17 | 625,000 | 4 | 25,000 | 5,750,001 | 0.598 |
Shearwater* | David Williams (ch) | 09 May 17 | 12,500,000 | 4 | 500,000 | 113,583,994 | 11.823 |
Shearwater* | Michael Stevens (ceo) | 09 May 17 | 625,000 | 4 | 25,000 | 11,250,000 | 1.171 |
Shearwater* | Robin Southwell | 09 May 17 | 625,000 | 4 | 25,000 | 11,250,000 | 1.171 |
Shearwater* | Stephen Ball | 09 May 17 | 625,000 | 4 | 25,000 | 11,250,000 | 1.171 |
VPC Specialty Lending Investments♥ | Richard Levy | 09 May 17 | 73,817 | 81.25 | 59,976 | 1,507,703 | 0.399 |
William Hill | Mark Brooker | 10 May 17 | 11,500 | 301.16 | 34,633 | 11,500 | 0.001 |
Sells | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
4imprint | Andrew Scull | 10 May 17 | 15,000 | 1,828 | 274,200 | 70,000 | 0.249 |
4imprint♥ | Andrew Scull | 10 May 17 | 15,000 | 1,828 | 274,200 | 85,000 | 0.303 |
Capita | Andy Parker (ceo) | 05 May 17 | 55,686 | 570.09 | 317,460 | 61,596 | 0.009 |
Gamma Communications | Andrew Stone | 05 May 17 | 70,000 | 575 | 402,500 | 780,500 | 0.848 |
HSBC | Douglas Flint (ch) | 05 May 17 | 150,000 | 661 | 991,500 | 252,362 | 0.001 |
Redrow | Barbara Richmond (fd) | 09 May 17 | 60,000 | 582 | 349,200 | 431,446 | 0.117 |
Redrow♥ | Barbara Richmond (fd) | 09 May 17 | 60,000 | 582.1 | 349,260 | 431,446 | 0.117 |
Waterman | Nick Taylor (ceo) | 09 May 17 | 42,438 | 140 | 59,413 | 4,808 | 0.016 |
Waterman | Nick Taylor (ceo) | 09 May 17 | 123,640 | 140 | 173,096 | 90,039 | 0.293 |
* placing/tender/open offer ♥ spouse/connected party |