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Chairman shows Enterprise

Enterprise Inn's chairman has taken an opportunity to top up his stake, obviously confident that the restructuring of the managed estate will deliver the goods.
July 29, 2015

The fact that Enterprise Inns' (ETI) shares are down by around 7 per cent over the past 12 months obviously doesn't perturb chairman Robert Walker. Indeed, he views it as a buying opportunity.

IC TIP: Hold at 116p

The former Severn Trent (SVT) group chief executive purchased 160,000 shares at 123.5p each to bring his overall holding to 435,000, or 0.09 per cent of the shares in issue. The deal comes a few months after chief executive William Townsend and chief financial officer Neil Smith exercised options under a 2012 long-term incentive plan to buy more shares.

Even though the company admitted that a change to the Small Business, Enterprise and Employment Bill - which removed the obligation for tenants to buy stock from their landlord - would have a "significant impact" on its business, those running the show clearly believe that Enterprise can live with the rejigged legislation.

 

Buys
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Armadale Capital ♥ *Justin Lewis20 Jul 151,000,000440,0002,064,4443.907
Asia Resource Minerals ♥Kin Chan (ch)22 Jul 15229,191,55856128,347,272229,191,55895.117
Aurasian Minerals *Gokhan Kantarcigil20 Jul 1511,467,8890.43650,00011,467,8892.755
Aurasian Minerals *Peter Mullens (ce)20 Jul 1536,123,8520.436157,50036,123,8528.677
BlackRock Income Strategies Trust Lynn Ruddick22 Jul 1545,800136.90462,702128,4820.046
Burberry  Fabiola Arredondo22 Jul 157,5001,579118,4257,5000.002
Burberry  John Smith22 Jul 1511,9381,585.53189,28136,2350.008
Chariot Oil & Gas David Bodecott20 Jul 1558,5288.54,97558,5280.022
Chariot Oil & Gas George Canjar (ch)20 Jul 1575,0608.56,380291,5730.111
Chariot Oil & Gas William Trojan17 Jul 1574,8208.56,360266,6330.102
dotDigital  Simone Barratt (ce)20 Jul 1585,50034.329,327463,0000.160
Enterprise Inns Robert Walker (ch)22 Jul 15160,000123.5197,600435,0000.086
European Wealth  John Morton (ch)20 Jul 1515,0008312,4502,347,20610.167
European Wealth  Roderick Gentry (ce)20 Jul 1515,0008312,4502,329,47110.090
F&C Global Smaller Companies D Stileman20 Jul 151,0001,00410,0401,0000.002
Flowgroup Tony Stiff (ce)22 Jul 15310,57614.4945,0022,615,7460.824
Goldplat Brian Moritz (ch)21 Jul 15400,00028,0002,950,0001.751
Goldplat Brian Moritz (ch)22 Jul 15400,00028,0003,350,0001.989
Goldplat Brian Moritz (ch)22 Jul 15800,000216,0004,150,0002.464
Infrastructure India Sonny Lulla (ce)16 Jul 1550,000178,500700,0000.103
Infrastructure India Sonny Lulla (ce)17 Jul 1590,0001816,200790,0000.116
Infrastructure India Sonny Lulla (ce)20 Jul 1560,00019.8311,898850,0000.125
NewRiver Retail *Allan Lockhart17 Jul 1533,33330099,999262,5600.146
NewRiver Retail *David Lockhart (ce)17 Jul 1542,000300126,0001,722,0000.958
NewRiver Retail *Mark Davies (fd)17 Jul 1512,00030036,00030,0000.017
NewRiver Retail *Nick Sewell17 Jul 153,3333009,999114,8330.064
Safestyle UK Stephen Birmingham (ce)17 Jul 155,000236.22511,8113,893,8895.000
Scottish Mortgage ♥Prof JA Kay16 Jul 153,705268.179,9363,705<0.001
Strategic Minerals John Peters17 Jul 153,000,0000.618,0008,700,0000.977
The Renewables Infrastructure  Shelagh Mason21 Jul 1549,50410149,99954,4890.008
Tower Resources *Graeme Thomson (ce)20 Jul 1526,500,0000.1950,35036,500,0000.542
Tower Resources *Jeremy Asher (ch)20 Jul 15171,000,0000.19324,900447,384,2526.643
Tower Resources *Peter Blakey20 Jul 1553,000,0000.19100,700152,130,2162.259
Tower Resources *Philip Swatman20 Jul 153,000,0000.195,7007,500,0000.111
Tower Resources *Peter Taylor20 Jul 15118,000,0000.19224,200225,253,0513.344
Tungsten Corp ΩNicholas Parker22 Jul 1550,00067.99934,000121,2500.097
Xtract Resources Colin Bird (ch)22 Jul 153,500,0000.287510,063214,706,8972.496
Xtract Resources Jan Nelson (ce)21 Jul 151,753,7370.2824,9461,753,7370.020
ZincOx Resources *Andrew Woollett (ce)17 Jul 15992,55613129,0326,286,7793.446
ZincOx Resources *G Dalal17 Jul 15468,9201360,9601,178,9200.646

Sells
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
32Red Jonathan Hale (fd)22 Jul 15100,00071.371,3001,329,4581.589
Big Yellow  James Gibson (ce)21 Jul 1594,043696.5655,0092,444,3151.560
Ergomed *Dr. Miroslav Reljanovic (ce)20 Jul 153,958,0201706,728,63417,232,23759.938
IS Solutions Barrie Clark (ch)16 Jul 15285,00050142,500206,0000.583
Matchtech  George Materna16 Jul 1560,000567.5340,5007,777,40525.355
Michelmersh Brick Holdings Martin Warner20 Jul 15200,00085.5171,0005,388,7326.634
red24 ♥Simon Richards (ch)17 Jul 15200,00029.2558,50014,019,25028.620
Solid State Tony Frere (ch)17 Jul 1547,996775371,9698,0040.097
Sports Direct International ♥Elizabeth Singleton21 Jul 1510,00077077,00027,0000.005
Workspace  Graham Clemett (cfo)16 Jul 1560,000944.76566,856111,7360.069
Workspace ♥ Graham Clemett (cfo)16 Jul 1510,000944.7694,476101,7360.063
*placing/tender/open offer ♥spouse/connected party ΩIsa/Sipp/Trust †depositary receipts