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Morrison's chief adds to his pile

David Potts has added to his annual share plan bonus by spending more than £360,000 of his own money on company shares
April 7, 2016

So far, 2016 has been a much better year for supermarket Wm Morrison (MRW) than many people expected. Following a successful Christmas, the group swung back into profit at the time of its full-year results in March and signed a lucrative supply agreement with US retail giant Amazon (US:AMZ).

IC TIP: Hold at 201p

But it seems chief executive David Potts believes there's further to go in Morrison's recovery story. Mr Potts was rewarded for his recent efforts in turning Morrison around via the company's bonus share plan last month, but also chose to shell out more than £360,000 of his own cash on a further 180,000 shares. That takes his holding to more than 1m shares, which is equivalent to a 0.04 per cent stake in the company.

Buys       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
600  (The) Derek Zissman30 Mar 16100,0008.6258,625400,0000.433
Audioboom  Rob Proctor (ce)24 Mar 16650,0002.9819,3701,066,1530.199
Baillie Gifford Japan Trust (The) P Dimond29 Mar 161,0774624,9764,6270.006
Boot (Henry) Peter Mawson30 Mar 1610,000228.522,85010,0000.008
Caledonia Mining Corp John Kelly24 Mar 167,00049.59793,47250,9650.098
Centaur Media Andria Vidler (ce)29 Mar 169,705514,950149,4420.104
Centrica Steve Pusey29 Mar 16821225.91,85524,1870.000
Centrica Margherita Della Valle29 Mar 16881225.91,99027,4610.001
Centrica Ian Meakins29 Mar 16893225.92,01724,3790.000
CloudTag John Wakely (fd)29 Mar 16175,0003.075,373175,0000.066
Crest Nicholson Holdings Sharon Flood24 Mar 165,559565.7431,4495,5590.002
Dods  Cheryl Jones (ch)30 Mar 1650,00011.755,8755,115,0001.505
Dods  William Wells29 Mar 16217,00011.424,7382,072,0000.610
Drum Income PlusREIT Alan Robertson24 Mar 1625,00010025,00050,0000.144
Drum Income PlusREIT John Evans (ch)24 Mar 1650,00010050,000100,0000.289
FDM  Michelle Senecal de Fonseca24 Mar 162,623568.5814,9142,6230.002
Gabelli Value Plus+ Trust Richard Howard30 Mar 1616,0009114,56036,0000.036
Gresham Computing♥ M Royde24 Mar 1640,00010040,0006,887,66410.886
Gresham Computing♥ M Royde30 Mar 1680,00010080,0006,967,66411.012
Henderson International Income Trust Christopher Jonas (ch)30 Mar 1620,000118.5923,718159,7300.199
Hikma Pharmaceuticals Patrick Butler24 Mar 162,500192048,0003,8750.002
ICAP Stuart Bridges (fd)30 Mar 1625,000473.7118,42525,0000.004
Inchcape Nigel Stein24 Mar 168,381712.559,7158,3810.002
Jupiter Green Investment Trust Simon Baker24 Mar 167,500131.3259,8497,5000.034
Kier  Kirsty Bashforth24 Mar 16852125910,7272,0000.002
Learning Technologies  Harry Hill30 Mar 1620,00037.57,5002,028,0000.487
Man  Richard Berliand29 Mar 1650,000151.81675,90850,0000.003
Metal Tiger*♥ Terry Grammer (ch)29 Mar 164,815,6672.75132,43138,150,6677.987
Metals Exploration Jeremy Ayre29 Mar 162,000,0004.7595,0002,000,0000.116
Morrison (Wm) Supermarkets David Potts (ce)30 Mar 16180,000201.62362,9161,002,8810.043
Murray International Trust D Hardie24 Mar 161,68488614,9206,0120.005
Murray International Trust♥ D Hardie24 Mar 161,68588614,9297,6970.006
Murray ome Trust Mike Balfour30 Mar 165,000650.2532,51310,0000.015
Murray ome Trust Mike Balfour30 Mar 165,000653.2532,6635,0000.007
PuriCore Alex Martin (ce)29 Mar 16100,0002828,000100,0000.199
Red Emperor Resources NLGreg Bandy24 Mar 16600,0007.365744,1941,000,0000.235
Severn Trent Angela Strank30 Mar 1622421814,8854590.000
Severn Trent Olivia Garfield (ce)30 Mar 161,102218424,06849,1170.021
Severn Trent Olivia Garfield (ce)30 Mar 161,1842182.6925,84367,4890.029
Sky Dave Lewis24 Mar 1629710213,0329,3620.001
Sky Nick Ferguson (ch)24 Mar 1656210215,73843,2540.003
Somero Enterprises John Yuncza (fd)29 Mar 162,500148.753,71922,1130.039
Somero Enterprises Robert Scheuer29 Mar 162,500148.753,7192,5000.004
Somero Enterprises John Yuncza (fd)30 Mar 1617,50015126,42539,6130.070
Somero Enterprises Robert Scheuer30 Mar 1622,50015133,97525,0000.044
Standard Life Kevin Parry30 Mar 165,931357.321,19142,2550.002
Standard Life Kevin Parry30 Mar 167,745356.427,60350,0000.003
Symphony International Holdings♥ Anil Thadani24 Mar 169,986747,39059,648,14911.295
Symphony International Holdings♥ Anil Thadani29 Mar 1685,00074.647163,45059,733,14911.311
Upland Resources Norza Zakaria (ch)30 Mar 1618,000,0001180,00062,876,64229.459
Vodafone  Mathias Döpfner30 Mar 1611,500221.425,46111,5000.000
Vodafone  Sir Crispin Davis30 Mar 1634,500222.876,86634,5000.000
Vodafone♥  Clara Furse 30 Mar 1625,000221.255,30025,0000.000

Sells       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Boot (Henry)♥John Sutcliffe (ce)29 Mar 163,5502237,917501,8950.380
Quarto Richard Morley24 Mar 161,022,2282462,514,681380,6241.932
Surface Transforms David Bundred (ch)25 Mar 1684,0001815,120560,7471.054

*Placing/tender/open offer ♥Spouse/connected party ΩTender offer