Edgar buys after a torrid period for Cape

Cape's share price enjoyed a fillip after the results were published, presumably on relief that no more serious issues had come to light during the early weeks of new chief executive Joe Oatley’s leadership. Indeed, investors were cheered by the retention of the half-year dividend at 4.5p and a rise in the forward order book from £830m to £920m during the first half of the year. The Asia Pacific business is undergoing a comprehensive business review.

Graeme Davies

Holland sells as Telford thrives

Telford Homes non-executive director David Holland has sold 50,000 shares at 115p each, but the 71-year-old former non-executive chairman still holds 1.94 per cent of the issued share capital, worth £958,000. Telford Homes itself continues to trade strongly, with its emphasis on inner London paying off well. Indeed, profits in the first quarter exceeded total profits for the whole of the previous year, and the group remains on target to meet forecasts of £8m pre-tax profits. And its banks seem happy too, because it recently succeeded in increasing its corporate loan facility by £20m to £90m. Since signing the three-and-a-half-year facility in March last year, other debts across the group have been reduced significantly.

Jonas Crosland

Director buys

Director sells

Table compiled by Robert Ansted.

Key to abbreviations: ch = chairman; ce = chief executive; cfo = chief financial officer; fd = finance director; coo = chief operating officer; cs =company secretary; md = managing director