Engineering support services group Babcock (BAB) saw a flurry of share purchases from directors on 27 March, the same day it revealed its Magnox nuclear decommissioning contract would be cut short. This will reduce the order book in the short term, but the group could win the work again once it's put back up for tender by the Nuclear Decommissioning Authority. Shares in the group fell 4 per cent on the back of this news.
Company chairman Mike Turner topped up his holding by 10,000 shares, bringing his total stake to 0.015 per cent of the group. Chief executive Archie Bethel followed suit, buying 6,837 shares, while his wife Doreen bought 6,081 more.
Since then, the group has announced it is the preferred bidder for a Royal Navy support contract potentially worth around £360m over seven years.
Buys | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
7digital* | Matthew Honey (cfo) | 29 Mar 17 | 153,847 | 6.5 | 10,000 | 353,847 | 0.221 |
7digital* | Mark Foster | 29 Mar 17 | 153,847 | 6.5 | 10,000 | 171,090 | 0.107 |
7digital* | Eric Cohen | 29 Mar 17 | 316,556 | 6.5 | 20,576 | 316,556 | 0.198 |
7digital* | Simon Cole (ceo) | 29 Mar 17 | 250,000 | 6.5 | 16,250 | 2,731,046 | 1.709 |
7digital* | Paul McGowan | 29 Mar 17 | 1,538,462 | 6.5 | 100,000 | 1,788,462 | 1.119 |
7digital* | Donald Cruickshank (ch) | 29 Mar 17 | 769,231 | 6.5 | 50,000 | 1,712,231 | 1.071 |
Babcock International | Mike Turner (ch) | 27 Mar 17 | 10,000 | 887.5 | 88,750 | 75,384 | 0.015 |
Babcock International♥ | Archie Bethel (ceo) | 27 Mar 17 | 792 | 882.81 | 6,992 | 351,333 | 0.069 |
Babcock International | Archie Bethel (ceo) | 27 Mar 17 | 1,165 | 883.52 | 10,293 | 345,252 | 0.068 |
Babcock International♥ | Archie Bethel (ceo) | 27 Mar 17 | 1,585 | 882.875 | 13,994 | 350,541 | 0.069 |
Babcock International♥ | Archie Bethel (ceo) | 27 Mar 17 | 3,704 | 883.52 | 32,726 | 348,956 | 0.069 |
Babcock International | Archie Bethel (ceo) | 27 Mar 17 | 5,672 | 881.47 | 49,997 | 344,087 | 0.068 |
Berendsen | Iain Ferguson (ch) | 24 Mar 17 | 15,000 | 785 | 117,750 | 140,000 | 0.081 |
Capital Gearing Trust | Jean Matterson | 28 Mar 17 | 1,500 | 3842 | 57,630 | 7,000 | 0.157 |
Computacenter | Gregory Lock (ch) | 24 Mar 17 | 50,000 | 724.5 | 362,250 | 650,000 | 0.530 |
Greggs | Richard Hutton (fd) | 23 Mar 17 | 3,008 | 1,012.5773 | 30,458 | 32,732 | 0.032 |
Greggs | Raymond Reynolds | 23 Mar 17 | 2,684 | 1,012.5773 | 27,178 | 67,168 | 0.066 |
Greggs | Roger Whiteside (ceo) | 23 Mar 17 | 11,701 | 1,012.5773 | 118,482 | 147,270 | 0.146 |
Ibstock♥ | Jamie Pike (ch) | 24 Mar 17 | 72,500 | 207 | 150,075 | 98,500 | 0.024 |
Jackpotjoy | James Ryan | 29 Mar 17 | 10,000 | 564.94 | 56,494 | 10,000 | 0.014 |
LondonMetric Property* | Andrew Livingston | 23 Mar 17 | 32,895 | 152 | 50,000 | 68,898 | 0.010 |
Low & Bonar♥ | Michael Powell | 28 Mar 17 | 11,000 | 70.5 | 7,755 | 25,000 | 0.008 |
Low & Bonar♥ | Michael Powell | 28 Mar 17 | 14,000 | 71 | 9,940 | 14,000 | 0.004 |
Next | Michael Roney | 27 Mar 17 | 5,000 | 4,137.9 | 206,895 | 5,000 | 0.003 |
Next | Michael Roney | 27 Mar 17 | 5,000 | 4,223 | 211,150 | 10,000 | 0.007 |
North Atlantic Smaller Companies Inv Trust♥ | Peregrine Moncreiffe (ch) | 24 Mar 17 | 1,000 | 2,520 | 25,200 | 400,130 | 2.774 |
North Atlantic Smaller Companies Inv Trust♥ | Peregrine Moncreiffe (ch) | 27 Mar 17 | 4,300 | 2,530 | 108,790 | 404,430 | 2.803 |
North Atlantic Smaller Companies Inv Trust♥ | Peregrine Moncreiffe (ch) | 28 Mar 17 | 1,218 | 2,540 | 30,937 | 405,648 | 2.812 |
Ortac Resources | Anthony Balme (ch) | 27 Mar 17 | 300,000 | 3.75 | 11,250 | 8,588,902 | 10.457 |
Ortac Resources | Nick Von Schirnding | 27 Mar 17 | 260,000 | 3.5 | 9,100 | 260,000 | 0.317 |
Personal Assets Trust♥ | Jean Sharp | 28 Mar 17 | 5 | 40,605 | 2,030 | 918 | 0.047 |
Personal Assets Trust | Robin Angus | 29 Mar 17 | 10 | 40,700 | 4,070 | 4,506 | 0.233 |
Produce Investments | Neil Davidson (ch) | 28 Mar 17 | 35,000 | 176 | 61,600 | 35,000 | 0.130 |
Real Estate Credit Investments | Robert Cowdell (ch) | 29 Mar 17 | 5,000 | 162.435 | 8,122 | 14,060 | 0.016 |
Real Estate Credit Investments | Robert Cowdell (ch) | 29 Mar 17 | 15,000 | 162.435 | 24,365 | 29,060 | 0.033 |
Real Estate Credit Investments | Graham Harrison | 23 Mar 17 | 13,500 | 162.5 | 21,938 | 15,000 | 0.017 |
Real Estate Credit Investments | John Hallam | 23 Mar 17 | 18,500 | 162.5 | 30,063 | 31,000 | 0.035 |
Real Estate Credit Investments | Sarah Evans | 23 Mar 17 | 20,000 | 162.5 | 32,500 | 20,000 | 0.023 |
Regional REIT♥ | Daniel Taylor | 24 Mar 17 | 100,000 | 102 | 102,000 | 250,000 | 0.083 |
Sound Energy♥ | M Fumagalli | 29 Mar 17 | 300,000 | 74.81 | 224,430 | 67,017,162 | 10.077 |
TP ICap | Andrew Baddeley (cfo) | 23 Mar 17 | 7,500 | 447 | 33,525 | 32,000 | 0.006 |
TP ICap | Andrew Baddeley (cfo) | 23 Mar 17 | 9,500 | 447 | 42,465 | 24,500 | 0.004 |
Ubisense♥ | Oliver Scott | 24 Mar 17 | 100,000 | 45 | 45,000 | 15,815,493 | 28.301 |
Ubisense♥ | Oliver Scott | 28 Mar 17 | 100,000 | 45 | 45,000 | 15,915,493 | 28.480 |
XLMedia | O Weihs (ceo) | 28 Mar 17 | 1,000,000 | 110 | 1,100,000 | 3,650,000 | 1.822 |
Sells | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Breedon | David Williams | 29 Mar 17 | 5,000,000 | 76 | 3,800,000 | 5,000,000 | 0.354 |
Cambridge Cognition Holdings | Nicholas Kerton | 29 Mar 17 | 150,000 | 78 | 117,000 | 22,900 | 0.112 |
Ibstock | Kevin Sims (cfo) | 24 Mar 17 | 2,425,529 | 207 | 5,020,845 | 4,924,558 | 1.212 |
Ibstock | Wayne Sheppard (ceo) | 24 Mar 17 | 1,000,000 | 207 | 2,070,000 | 10,307,827 | 2.537 |
Ibstock♥ | Wayne Sheppard (ceo) | 24 Mar 17 | 2,731,583 | 207 | 5,654,377 | 7,576,244 | 1.865 |
LoopUp | Nico Goulet | 23 Mar 17 | 1,075,000 | 148 | 1,591,000 | 6,964,548 | 16.999 |
Savills | Jeremy Helsby (ceo) | 23 Mar 17 | 32,454 | 897.2314 | 291,187 | 604,849 | 0.433 |
Savills | Simon Shaw (cfo) | 23 Mar 17 | 23,423 | 876.1487 | 205,220 | 155,850 | 0.111 |
Sirius Real Estate | Andrew Coombs (ceo) | 27 Mar 17 | 45,000 | 53.5 | 24,075 | 4,445,653 | 0.506 |
* placing/tender/open offer ♥ spouse/connected party |