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Dods chairman stocks up

Dods' chairman has bought up shares in a bid to buttress investor confidence
January 15, 2015

Dods (DODS) chairman Cheryl Jones has shown she means business by buying a large tranche of shares in the loss-making political events and publishing group. Since her appointment to the chair in late September, she has shelled out about £187,000 for 2.73m shares, more than doubling her stake in the business to 1.4 per cent.

IC TIP: Hold at 7.1p

Her purchases may be intended to restore confidence among investors after a management shake-up. Late September saw the finance director resign and Ms Jones promoted from non-executive director after just four months in the role. Shareholders may also be nervous about Dods' hefty technology investments as it tries to shift towards selling higher-margin, subscription-based services.

The company, which helps politicians, PR agencies and charities to make, understand or influence public sector policy, has been paring down its bloated events portfolio. That contributed to a pre-tax loss of £1.5m in the six months to the end of September. On the bright side, sales in the UK and EU monitoring businesses rose 9 and 17 per cent respectively, and Dods also landed a three-year contract to run the NHS Expo.

Buys       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Aberdeen New Dawn  Susie Rippingall6 Jan 1512,500177.7822,22312,5000.010
Alliance Trust Karin Forseke (ch)5 Jan 153334801,598102,3320.018
Alliance Trust J Hylands5 Jan 154124801,97884,8930.015
Alliance Trust Katherine Garrett-Cox (ce)5 Jan 151,1484805,510608,0110.110
Alliance Trust♥Katherine Garrett-Cox (ce)5 Jan 154494802,155608,3710.110
Alliance TrustΩKatherine Garrett-Cox (ce)5 Jan 158114803,893606,8630.110
Ariana Resources William Payne (cfo)7 Jan 15300,0000.872,6103,968,2890.614
Ariana Resources Michael de Villiers (ch & cs)7 Jan 15500,0000.874,35014,300,0002.214
BlackRock Commodities Income  EW Warner7 Jan 1512,00088.610,63232,0000.030
British Assets Trust James Grover5 Jan 157,500129.879,74027,5000.010
Castings GB Wainwright6 Jan 155,000399.519,975101,2610.232
Digital Barriers*Bernie Waldron6 Jan 1554,0543720,000113,5360.134
Digital Barriers*Sharon Cooper (fd)6 Jan 1567,5673725,00067,5670.080
Digital Barriers*Colin Evans (coo)6 Jan 1581,0813730,000774,9200.917
Digital Barriers*Dr Tom Black (ch)6 Jan 15540,54037200,0004,784,9685.663
Digital Barriers*Paul Taylor6 Jan 1527,0273710,00075,7940.090
Digital Barriers*Zak Doffman (ce)6 Jan 1567,5673725,000732,6440.867
Dods  Cheryl Jones (ch)6 Jan 152,000,0007140,0004,825,0001.420
Finsbury Growth & Income Trust JP Allard5 Jan 15678539.593,65830,9530.030
KBC Advanced Technologies Ian Godden (ch)5 Jan 1525,00089.522,375226,0000.277
KBC Advanced Technologies Ian Godden (ch)7 Jan 1550,0009045,000276,0000.339
Legal & General  Carolyn Bradley2 Jan 155972461,469597<0.001
Legal & General  Lizabeth Zlatkus2 Jan 157272461,7889,629<0.001
Legal & General  Richard Meddings2 Jan 157272461,788727<0.001
Legal & General  John Stewart (ch)2 Jan 153,1462467,739317,878<0.001
Legal & General  Lindsay Tomlinson OBE2 Jan 151,0212462,51220,781<0.001
Legal & General  Olaf Swantee2 Jan 151,3712463,3737,095<0.001
Legal & General  Rudy Markham2 Jan 151,1572462,846243,8430.004
Legal & General  Stuart Popham2 Jan 156642461,63349,1830.001
Nature  Nigel Sandy (ch)5 Jan 1510,00012.81,280408,0000.515
Patagonia Gold William Humphries (ce)6 Jan 15201,5123.657,35531,094,2112.971
Rolls-RoyceRuth Cairnie7 Jan 152268591,941766<0.001
Rolls-RoyceIan Davis (ch)7 Jan 152308591,97619,2570.001
Rolls-RoyceJohn Neill 7 Jan 153708593,17845,2890.002
Rolls-RoyceSir Frank Chapman7 Jan 154618593,9609,5960.001
Schroder UK Growth FundΩCarolan Dobson6 Jan 1515,960155.7724,86115,9600.010
Seneca Global Income & Growth Trust J McCulloch5 Jan 1515,00013520,25015,0000.038
Servoca Andy Church (ce)2 Jan 1520,00017.93,5806,756,6135.405
Servoca Andy Church (ce)2 Jan 1530,00017.45,2206,736,6135.389
Servoca Andy Church (ce)6 Jan 1557,80017.710,2316,814,4135.427
Treatt Richard Hope (fd)2 Jan 151,0761401,506152,0260.290
Utilico Investments G Cole 7 Jan 156,5921137,4496,5920.007
Utilico Investments PI Burrows 7 Jan 156,5921137,44970,1700.071
ValiRx*Gerry Desler (fd)6 Jan 155,000,0000.210,00017,733,9210.531
ValiRx*Seppo Makinen6 Jan 155,000,0000.210,0006,273,3870.188
ValiRx*Dr George Morris (coo)6 Jan 155,000,0000.210,00023,535,9930.704
ValiRx*Dr Satu Vainikka (ce)6 Jan 155,000,0000.210,00028,113,7140.841
ValiRx*Kevin Alexander6 Jan 155,000,0000.210,00013,034,8430.390
ValiRx*Oliver de Giorgio-Miller (ch)6 Jan 155,000,0000.210,0007,444,4110.223
Whitbread Nicholas Cadbury (fd)6 Jan 153254,658.1315,1391,8250.001

Sells       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Avon Rubber Stella Pirie 2 Jan 1510,000757.575,75042,0000.135
Cenkos Securities*†Jeremy Allen7 Jan 15145,959188274,4031,481,9572.326
Cenkos Securities*†Jim Durkin (ce)7 Jan 15514,417188967,1045,212,2998.181
Cenkos Securities*†Joe Nally7 Jan 15112,367188211,2501,141,8491.792
Cenkos Securities*†Paul Hodges7 Jan 15529,480188995,4225,364,4868.420
Consort Medical Jonathan Glenn (ce)6 Jan 1542,700845360,815107,8470.220
Consort Medical♥Jonathan Glenn (ce)6 Jan 1524,300845205,33583,5470.170
CVS  Simon Innes (ce)6 Jan 159,43044642,058546,4750.928
Gama Aviation Nigel Payne5 Jan 1532,899345113,50200.000
Kingfisher Kevin O'Byrne5 Jan 1526,000337.1387,654410,6980.017
Mid Wynd International Inv Trust Russel Napier6 Jan 159,50030128,595264,3251.112
Univision Engineering Stephen Koo (ch)6 Jan 151,500,0000.9714,550279,703,70072.901
*Placing/tender/open offer ♥Spouse/connected party ΩIsa/Sipp †Sold under tender offer