It wasn't that long ago that we wrote about Frenkel Topping's (FEN) chairman, Jason Granite, buying up as much of the company's stock as regulators would allow. Back in the summer FCFM Group - a fund he co-owns with business partner Michael Spencer - spent a total of £733,000 buying 1.6m shares from two other members of Frenkel's management team.
IC TIP:
Hold
at
53p
Mr Granite has done well out of that purchase, selling 7.5m shares at 52.5p - a 12 per cent premium to the average price the shares were bought at in the summer - to Oryx International Growth Fund. To add further complexity to the story, the senior fund manager at Oryx is Christopher Mills, who has also captured his own fair share of words in the directors dealing section of the Investors Chronicle. Mr Mills is also the chief executive of North Atlantic Smaller Companies Investment Trust, a fund that owns 25 per cent of EKF Diagnostics (EKF), where Mr Mills is also the chairman.
| Buys | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Aggreko | Nicola Brewer | 12 Dec 16 | 450 | 865.29 | 3,894 | 1,900 | 0.001 |
| Baillie Gifford Japan Trust (The) | D Kidd | 09 Dec 16 | 2,500 | 569.205 | 14,230 | 7,500 | 0.010 |
| CLS Holdings | Philip Mortstedt | 09 Dec 16 | 1,000 | 1556.566 | 15,566 | 3,566 | 0.009 |
| Capita | John Cresswell | 09 Dec 16 | 2,000 | 468 | 9,360 | 3,000 | 0.000 |
| Capita | Andy Parker (ceo) | 12 Dec 16 | 20,000 | 475.5 | 95,100 | 117,282 | 0.018 |
| Capita | Nick Greatorex (fd) | 09 Dec 16 | 2,091 | 474.6 | 9,924 | 13,077 | 0.002 |
| Devro | Jane Lodge | 08 Dec 16 | 17,000 | 158.1581 | 26,887 | 34,500 | 0.021 |
| Devro | Peter Page (ceo) | 08 Dec 16 | 25,000 | 158 | 39,500 | 750,740 | 0.450 |
| Devro | Peter Page (ceo) | 08 Dec 16 | 35,000 | 154 | 53,900 | 725,740 | 0.435 |
| Gocompare.com | Zillah Byng-Thorne | 09 Dec 16 | 84,322 | 64.125 | 54,071 | 84,322 | 0.020 |
| Greencore* | Eric Nicoli | 09 Dec 16 | 11,769 | 153 | 18,007 | 28,769 | 0.007 |
| Hikma Pharmaceuticals♥ | Mohammed Al-Husry | 09 Dec 16 | 50,000 | 1723 | 861,500 | 6,827,450 | 2.845 |
| Hikma Pharmaceuticals♥ | Mohammed Al-Husry | 12 Dec 16 | 50,000 | 1707 | 853,500 | 6,877,450 | 2.866 |
| Hikma Pharmaceuticals♥ | Mazen Darwazah | 09 Dec 16 | 50,000 | 1723 | 861,500 | 8,302,956 | 3.460 |
| Hikma Pharmaceuticals♥ | Mazen Darwazah | 12 Dec 16 | 50,000 | 1707 | 853,500 | 8,352,956 | 3.481 |
| Hikma Pharmaceuticals♥ | Said Darwazah (ch & ceo) | 09 Dec 16 | 50,000 | 1723 | 861,500 | 14,372,468 | 5.990 |
| Hikma Pharmaceuticals♥ | Said Darwazah (ch & ceo) | 12 Dec 16 | 50,000 | 1707 | 853,500 | 14,422,468 | 6.011 |
| Howden Joinery | Mark Robson | 13 Dec 16 | 7,437 | 372.42 | 27,697 | 2,205,554 | 0.351 |
| Howden Joinery♥ | Mark Robson | 13 Dec 16 | 11,915 | 372.42 | 44,374 | 2,217,469 | 0.353 |
| Huntsworth | Derek Mapp (ch) | 09 Dec 16 | 50,000 | 37.5 | 18,750 | 350,000 | 0.107 |
| Huntsworth | Derek Mapp (ch) | 12 Dec 16 | 150,000 | 39.46 | 59,190 | 500,000 | 0.152 |
| Huntsworth | Neil Jones (cfo) | 09 Dec 16 | 25,000 | 38.39 | 9,598 | 400,000 | 0.122 |
| Inmarsat | Simon Bax | 13 Dec 16 | 2,250 | 714.77 | 16,082 | 9,250 | 0.002 |
| Inmarsat♥ | Simon Bax | 13 Dec 16 | 2,250 | 714.77 | 16,082 | 11,500 | 0.003 |
| Johnson Matthey | Christopher Mottershead | 08 Dec 16 | 491 | 3049 | 14,971 | 1,330 | 0.001 |
| Keller | Alain Michaelis (ceo) | 09 Dec 16 | 5,000 | 790.125 | 39,506 | 15,008 | 0.021 |
| Keller | Alain Michaelis (ceo) | 09 Dec 16 | 8,500 | 796.897 | 67,736 | 23,508 | 0.033 |
| Legal & General♥ | Lesley Knox | 11 Dec 16 | 37,600 | 213.0001 | 80,088 | 37,600 | 0.001 |
| Mid Wynd International Inv Trust | David Kidd | 09 Dec 16 | 10,000 | 406 | 40,600 | 10,000 | 0.033 |
| NCC | Paul Mitchell (ch) | 13 Dec 16 | 50,000 | 191 | 95,500 | 700,000 | 0.253 |
| NCC | Robert Cotton (ceo) | 13 Dec 16 | 125,000 | 191 | 238,750 | 5,652,406 | 2.045 |
| NextEnergy Solar Fund | Patrick Firth | 08 Dec 16 | 50,000 | 108.4 | 54,200 | 70,000 | 0.015 |
| ReNeuron | Olav Hellebø (ceo) | 14 Dec 16 | 346,644 | 2.8848 | 10,000 | 669,422 | 0.021 |
| Rotork | Gary Bullard | 12 Dec 16 | 17,544 | 248.35 | 43,571 | 62,705 | 0.007 |
| Rotork♥ | Gary Bullard | 12 Dec 16 | 17,544 | 250.68 | 43,979 | 80,249 | 0.009 |
| S & U♥ | Chris Redford (fd) | 14 Dec 16 | 1,405 | 2150 | 30,208 | 9,000 | 0.075 |
| Schroder Asian Total Return Investment Co | Christopher Keljik | 08 Dec 16 | 4,800 | 249 | 11,952 | 121,116 | 0.166 |
| Schroder Japan Growth Fund | Alan Gibbs | 09 Dec 16 | 5,000 | 184 | 9,200 | 5,000 | 0.004 |
| Schroder Japan Growth Fund | Alan Gibbs | 14 Dec 16 | 42,670 | 184.44 | 78,701 | 47,670 | 0.038 |
| Tricorn | Andrew Moss (ch) | 12 Dec 16 | 200,000 | 12.94 | 25,880 | 350,000 | 1.036 |
| Tricorn | Andrew Moss (ch) | 14 Dec 16 | 100,000 | 14 | 14,000 | 450,000 | 1.332 |
| Tritax Big Box REIT♥ | Richard Jewson (ch) | 09 Dec 16 | 4,750 | 133.67 | 6,349 | 70,752 | 0.006 |
| Tritax Big Box REIT | Stephen Smith | 12 Dec 16 | 7,000 | 134.5 | 9,415 | 7,000 | 0.001 |
| Urban&Civic | Robin Butler | 08 Dec 16 | 11,585 | 215 | 24,908 | 1,231,932 | 0.851 |
| Vodafone | David Nish | 08 Dec 16 | 50,000 | 196.88 | 98,440 | 71,227 | 0.000 |
| Witan Investment Trust | Ben Rogoff | 08 Dec 16 | 2,300 | 859 | 19,757 | 2,300 | 0.001 |
| Sells | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Character | Kiran Shah | 12 Dec 16 | 147,000 | 525 | 771,750 | 2,140,001 | 10.123 |
| Compass | Richard Cousins (ceo) | 14 Dec 16 | 200,000 | 1371.2266 | 2,742,453 | 1,015,815 | 0.062 |
| Frenkel Topping♥ | Jason Granite (ch) | 14 Dec 16 | 7,500,000 | 52.5 | 3,937,500 | 5,893,404 | 7.655 |
| Gamma Communications | Andrew Stone | 09 Dec 16 | 13,500 | 480 | 64,800 | 1,436,500 | 1.566 |
| Metro Bank | Stuart Bernau | 13 Dec 16 | 2,000 | 3306 | 66,120 | 63,634 | 0.079 |
| Petra Diamonds | Adonis Pouroulis (ch) | 08 Dec 16 | 300,000 | 170.612 | 511,836 | 7,735,000 | 1.459 |
| Wizz Air Holdings♥ | Jozsef Varadi (ceo) | 08 Dec 16 | 20,000 | 1850 | 370,000 | 2,340,500 | 4.086 |
| Wizz Air Holdings♥ | Jozsef Varadi (ceo) | 08 Dec 16 | 20,000 | 1875 | 375,000 | 2,320,500 | 4.051 |
| * placing/tender/open offer ♥ spouse/connected party | |||||||
