When retirement knocks on the door, most bosses prefer not to have all their nest eggs in one basket. GB (GBG) boss Richard Law recently sold about 11 per cent of his shares in the identity data specialist for close to £688,000, reducing his stake to around 1.6 per cent, in order to "diversify his investments" ahead of his looming departure.
IC TIP:
Hold
at
277p
He won't mind the handsome return: GB's shares have soared fivefold over the past five years. These gains reflect strong demand from customers such as Nike and Harrods for software tools that allow them to verify the identities of more than 4bn people in 40 countries, run background checks on employees, root out fraud and engage with customers. The group has also augmented organic growth with acquisitions such as IDscan Biometrics, which provides facial-scanning software that can verify documents such as passports and work permits.
| Buys | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Advanced Oncotherapy | Michael Bradfield | 08 Jul 16 | 10,000 | 119.5 | 11,950 | 5,050,740 | 8.895 |
| Advanced Oncotherapy | M Bradfield | 11 Jul 16 | 30,000 | 135 | 40,500 | 5,080,740 | 8.948 |
| Associated British Foods | Wolfhart Hauser | 07 Jul 16 | 635 | 2660.84 | 16,896 | 3,918 | 0.000 |
| Associated British Foods | Wolfhart Hauser | 07 Jul 16 | 2,000 | 2659.4 | 53,188 | 3,283 | 0.000 |
| Associated British Foods | Richard Reid | 13 Jul 16 | 3,347 | 2820 | 94,385 | 3,347 | 0.000 |
| Be Heard | David Poutney | 07 Jul 16 | 600,000 | 3.2 | 19,200 | 5,000,000 | 0.767 |
| Be Heard♥ | David Poutney | 07 Jul 16 | 2,000,000 | 3.2 | 64,000 | 4,400,000 | 0.675 |
| Bellway♥ | Paul Hampden Smith | 07 Jul 16 | 1,434 | 1732.88 | 24,849 | 12,548 | 0.010 |
| Bellway♥ | Paul Hampden Smith | 07 Jul 16 | 2,918 | 1713.05 | 49,987 | 11,114 | 0.009 |
| Braveheart Investment | Andrew Burton | 12 Jul 16 | 270,000 | 5 | 13,500 | 929,460 | 3.435 |
| Braveheart Investment | Jeremy Delmar-Morgan (ch) | 12 Jul 16 | 180,000 | 5 | 9,000 | 230,000 | 0.850 |
| Braveheart Investment | Trevor Brown | 12 Jul 16 | 270,000 | 5 | 13,500 | 8,075,934 | 29.850 |
| CVS | Nick Perrin (fd) | 07 Jul 16 | 2,000 | 698.5 | 13,970 | 12,000 | 0.020 |
| CVS | Richard Connell (ch) | 07 Jul 16 | 1,000 | 688.25 | 6,883 | 97,891 | 0.163 |
| CVS | Richard Connell (ch) | 07 Jul 16 | 1,000 | 688.63 | 6,886 | 100,391 | 0.167 |
| CVS | Richard Connell (ch) | 07 Jul 16 | 3,000 | 688.75 | 20,663 | 99,391 | 0.166 |
| Cambria Automobiles♥ | Philip Swatman (ch) | 11 Jul 16 | 25,000 | 64.1 | 16,025 | 300,000 | 0.300 |
| Character Group (The) | David Harris | 11 Jul 16 | 3,000 | 440 | 13,200 | 51,403 | 0.240 |
| Collagen Solutions | David Evans (ch) | 11 Jul 16 | 900,000 | 6 | 54,000 | 14,788,730 | 8.628 |
| Collagen Solutions | David Evans (ch) | 11 Jul 16 | 1,215,000 | 8 | 97,200 | 16,003,730 | 9.337 |
| Collagen Solutions | David Evans (ch) | 12 Jul 16 | 185,000 | 8.15 | 15,078 | 16,188,730 | 9.445 |
| Debenhams | Stephen Ingham | 07 Jul 16 | 74,557 | 53.25 | 39,702 | 74,557 | 0.006 |
| Debenhams | Terry Duddy | 07 Jul 16 | 100,000 | 53.35 | 53,350 | 140,000 | 0.011 |
| Debenhams | Sir Ian Cheshire (ch) | 07 Jul 16 | 100,000 | 54.19 | 54,190 | 550,000 | 0.045 |
| EKF Diagnostics Holdings♥ | Chris Mills (ch) | 08 Jul 16 | 3,057,940 | 14.9653 | 457,630 | 118,100,000 | 25.438 |
| Enterprise Inns | David Maloney | 07 Jul 16 | 25,000 | 77.6 | 19,400 | 75,000 | 0.015 |
| Epistem Holdings* | David Budd (ceo) | 12 Jul 16 | 31,250 | 80 | 25,000 | 31,250 | 0.167 |
| Epistem Holdings* | Allan Brown | 12 Jul 16 | 31,250 | 80 | 25,000 | 57,507 | 0.308 |
| Epistem Holdings* | Ian Gilham (ch) | 12 Jul 16 | 31,250 | 80 | 25,000 | 51,750 | 0.277 |
| Epistem Holdings* | Roger Lloyd | 12 Jul 16 | 12,500 | 80 | 10,000 | 12,500 | 0.067 |
| Epistem Holdings* | John Rylands (fd) | 12 Jul 16 | 162,500 | 80 | 130,000 | 384,069 | 2.055 |
| Helical Bar♥ | Richard Cotton | 07 Jul 16 | 15,000 | 233.7 | 35,055 | 25,000 | 0.021 |
| Hilton Food | Robert Watson (ceo) | 12 Jul 16 | 5,000 | 582 | 29,100 | 3,031,380 | 4.143 |
| Hilton Food | Robert Watson (ceo) | 12 Jul 16 | 100,000 | 550 | 550,000 | 3,026,380 | 4.136 |
| Howden Joinery | Mark Robson (cfo) | 12 Jul 16 | 14,587 | 402.1725 | 58,665 | 2,174,785 | 0.343 |
| Howden Joinery♥ | Mark Robson (cfo) | 12 Jul 16 | 23,332 | 402.1725 | 93,835 | 2,198,117 | 0.346 |
| IndigoVision | Chris Lea (cfo) | 11 Jul 16 | 5,000 | 130 | 6,500 | 10,000 | 0.131 |
| JD Sports Fashion | Brian Small (fd) | 07 Jul 16 | 5,000 | 1092 | 54,600 | 100,800 | 0.052 |
| Jimmy Choo | Elisabeth Murdoch | 08 Jul 16 | 31,317 | 108.517 | 33,984 | 31,317 | 0.008 |
| Marks & Spencer | Helen Weir (cfo) | 11 Jul 16 | 25,000 | 318.92 | 79,730 | 50,000 | 0.003 |
| McKay Securities | J Austen | 08 Jul 16 | 10,000 | 170 | 17,000 | 10,000 | 0.011 |
| McKay Securities | D Thomas (ch) | 07 Jul 16 | 10,516 | 154.8 | 16,279 | 172,674 | 0.184 |
| McKay Securities♥ | D Thomas (ch) | 07 Jul 16 | 10,516 | 154.8 | 16,279 | 172,674 | 0.184 |
| McKay Securities | N Shepherd | 11 Jul 16 | 8,650 | 172 | 14,878 | 15,575 | 0.017 |
| McKay Securities | R Grainger | 08 Jul 16 | 15,000 | 165 | 24,750 | 25,000 | 0.027 |
| McKay Securities | Viscount Lifford | 07 Jul 16 | 5,000 | 146.1 | 7,305 | 85,000 | 0.091 |
| Paragon Group of Companies (The) | Keith Fletcher | 07 Jul 16 | 22,949 | 234.074 | 53,718 | 119,993 | 0.042 |
| President Energy♥ | Peter Levine (ch & ceo) | 08 Jul 16 | 503,750 | 7.4672 | 37,616 | 122,338,336 | 23.288 |
| PureCircle | Rakesh Sinha (cfo) | 13 Jul 16 | 20,000 | 335 | 67,000 | 20,000 | 0.012 |
| Ricardo | Laurie Bowen | 12 Jul 16 | 4,000 | 765 | 30,600 | 4,000 | 0.008 |
| S&U | Anthony Coombs (ch) | 07 Jul 16 | 500 | 2247 | 11,235 | 1,341,527 | 11.236 |
| S&U | Graham Coombs | 07 Jul 16 | 500 | 2247 | 11,235 | 1,571,457 | 13.161 |
| ScS♥ | David Knight (ceo) | 12 Jul 16 | 35,000 | 135 | 47,250 | 1,476,958 | 3.692 |
| Sirius Real Estate | Neil Sachdev | 08 Jul 16 | 23,137 | 50.5 | 11,684 | 23,137 | 0.003 |
| St Modwen Properties | Simon Clarke | 12 Jul 16 | 100,000 | 273 | 273,000 | 3,212,657 | 1.448 |
| Sells | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| 1 Spatial | M N Hanke (ceo) | 11 Jul 16 | 5,000,000 | 4.45 | 222,500 | 24,255,785 | 3.300 |
| GB | Richard Law (ceo) | 13 Jul 16 | 250,000 | 275.1 | 687,750 | 2,066,045 | 1.554 |
| *Placing/tender/open offer ♥Spouse/connected party | |||||||
