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Bosses up stakes in HCM

Bosses at China-based pharma outfit Hutchison China MediTech (HCM) have been busy enlarging their stakes in the company.
April 17, 2015

Things just keep getting better for China-based pharmaceutical company Hutchison China MediTech (HCM). Having reported bumper sales at the time of full-year results in February 2015, members of the group's management team have gone on a spending spree, taking advantage of the rising share price. The stock is trading at a five-year high.

IC TIP: Hold at 1,599p

Chairman Simon To spent more than £800,000 to enlarge his stake in the company by way of 58,000 shares, while non-executive director Edith Shih spent a more modest £166,200 to increase her holding to 0.11 per cent.

For now, the group is ploughing resources into its extensive clinical programme, which has 16 trials currently running in parallel. Ten of these have been awarded 'breakthrough status' by the US Food and Drug Administration, so they can reach patients who need them more quickly, and won't be subject to the usual three-phase approach to drug development.

 

Buys
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
1pm Ron Russell08 Apr 1510,00057.55,7507,398,68420.038
Alliance Trust Katherine Garrett-Cox (ce)02 Apr 151,0755155,536610,4180.111
Alliance Trust ♥Karin Forseke (ch)02 Apr 153125151,607107,5390.019
Alliance Trust ♥Katherine Garrett-Cox (ce)02 Apr 154205152,163610,8380.111
Alliance Trust ΩJohn Hylands02 Apr 152225151,14385,1150.015
Alliance Trust ΩKatherine Garrett-Cox (ce)02 Apr 157605153,914609,3430.110
Amerisur Resources Nick Harrison (fd)08 Apr 1550,00024.6312,3155,710,1520.538
Amerisur Resources Dr Douglas Ellenor08 Apr 15200,00024.9749,9401,200,0000.113
Amerisur Resources ♥Dr John Wardle (ce)08 Apr 1563,00023.7514,96317,642,5051.661
Amerisur Resources ♥Dr John Wardle (ce)08 Apr 15185,00024.2544,86317,579,5051.655
BACIT Martin Thomas02 Apr 1512,268122.1514,985151,7950.040
Chime Communications Lord Davies of Abersoch (ch)02 Apr 1517,936278.7649,99867,7850.068
Domino Printing Sciences ♥Peter Byrom (ch)02 Apr 151,52793314,247338,0000.300
Domino Printing Sciences ♥Peter Byrom (ch)02 Apr 151,52793314,247312,4050.277
Domino Printing Sciences ♥Peter Byrom (ch)02 Apr 151,52793314,247310,8780.276
Domino Printing Sciences ♥Peter Byrom (ch)02 Apr 151,52793314,247309,3510.275
Domino Printing Sciences ♥Peter Byrom (ch)02 Apr 155,82493354,338307,8240.273
Gresham Computing ♥MME Royde08 Apr 1560,0008852,8005,827,1649.215
Hutchison China Meditech Edith Shih07 Apr 152,0001,38527,70060,0000.113
Hutchison China Meditech Edith Shih02 Apr 1510,0001,385138,50058,0000.109
Hutchison China Meditech Simon To (ch)07 Apr 1548,0001,385664,800127,0000.239
Hutchison China Meditech Simon To (ch)02 Apr 1510,0001,385138,50079,0000.149
Hydrodec  Ian Smale (ce)07 Apr 15200,000714,0001,128,0140.151
Hydrodec  Andrew Black07 Apr 15750,0006.9251,878183,574,85724.514
Hydrodec  Andrew Black02 Apr 151,000,0006.7367,250182,824,85724.414
Hydrodec  Lord Moynihan (ch)02 Apr 15310,1556.620,47010,207,9041.363
Impax Environmental Markets John Scott (ch)08 Apr 1512,000164.2319,70722,0000.010
KBC Advanced Technologies ♥Oliver Scott02 Apr 1550,0009748,50010,487,55012.790
Kirkland Lake Gold IncDawn Whittaker06 Apr 15700354.282,4805,0200.006
Koovs Lord Alli (ch)02 Apr 15152,5006599,1254,866,78620.185
Law Debenture Corp (The) ΩCaroline J Banszky07 Apr 151,022528.235,399274,0270.232
Manx Financial ♥ David Gibson08 Apr 15147,22710.9816,1581,547,2271.516
Monitise Dr Colin Tucker02 Apr 15100,00014.1914,190463,6350.022
Panmure Gordon & Co Patric Johnson07 Apr 157,70013010,01013,7970.089
Rolls-Royce Holdings John Neill 07 Apr 153359503,18346,2990.003
Rolls-Royce Holdings Ruth Cairnie07 Apr 152049501,9385,383<0.001
Rolls-Royce Holdings Ian Davis (ch)07 Apr 152089501,97620,0770.001
Rolls-Royce Holdings Sir Frank Chapman07 Apr 154179503,96210,8550.001
Stanley Gibbons Group (The) Martin Bralsford (ch)02 Apr 1522,00023852,360204,8000.437
Strategic Minerals John Peters (ch)07 Apr 151,000,0000.575,7001,000,0000.138
Synectics Peter Rae02 Apr 1514,00013318,620232,3021.305
Xaar Edmund Creutzmann07 Apr 154,846412.6919,9994,8460.006
Sells
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Amec Foster Wheeler Kent Masters Jr07 Apr 1550,000920460,000438,7710.113
Amec Foster Wheeler Kent Masters Jr07 Apr 1550,000918459,000388,7710.100
Amec Foster Wheeler Kent Masters Jr07 Apr 1550,000919459,500338,7710.087
Amec Foster Wheeler Kent Masters Jr08 Apr 1550,000923461,500288,7710.074
Amec Foster Wheeler Kent Masters Jr08 Apr 15110,0269261,018,841178,7450.046
Amec Foster Wheeler ♥ †Kent Masters Jr07 Apr 1571,498911.49651,69870,0000.018
Amec Foster Wheeler †Kent Masters Jr07 Apr 1537,247912.83340,003141,4980.036
Inspired Energy *Janet Thornton02 Apr 155,121,29410512,12964,365,00015.115
Inspired Energy *Mike Thornton02 Apr 155,121,29410512,12964,365,00115.115
Inspired Energy ♥ *David Foreman02 Apr 1512,992,588101,299,25922,274,0795.231
Inspired Energy ♥ *Mike Fletcher02 Apr 1512,992,588101,299,25922,274,0795.231
Wetherspoon (J D) Ben Whitley (fd)07 Apr 157337515,50500.000

* placing/tender/open offer ♥ spouse/connected party Ω ISA/SIPP/Trust † depositary receipts