Roger Taylor of TalkTalk (TALK) has put his money where his mouth is: the non-executive director recently shelled out £3.2m for 2m shares in the cut-price telecoms group. He may regret the timing of his purchases, which came days before management admitted that some of its customers were affected by an attack on certain types of internet routers.
IC TIP:
Hold
at
158p
Mr Taylor, the former boss of Carphone Warehouse, joined TalkTalk's board in November 2015, soon after a major cyber attack put the personal information of 157,000 customers at risk. He may have snagged a bargain: TalkTalk's shares have slumped a fifth since it reported lower revenue and the loss of 29,000 core users in its half-year results in November. Yet the group's outlook has arguably brightened: management expects attractive products and efficiency gains to fuel growth in subscribers and revenues in the year to March 2018.
| Buys | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Advanced Oncotherapy | Enrico Vanni | 28 Nov 16 | 75,000 | 64.7 | 48,525 | 673,946 | 0.930 |
| Associated British Foods | Charles Sinclair (ch) | 24 Nov 16 | 3,240 | 2594.87 | 84,074 | 16,000 | 0.002 |
| Barratt Developments | Jock Lennox | 24 Nov 16 | 10,000 | 472.38 | 47,238 | 10,000 | 0.001 |
| C4X Discovery | Clive Dix (ceo) | 30 Nov 16 | 40,000 | 97 | 38,800 | 1,196,936 | 3.200 |
| Caledonia Mining Corp | Leigh Wilson (ch) | 30 Nov 16 | 50,000 | 82.4739 | 41,237 | 215,000 | 0.408 |
| Charles Taylor | Edward Creasy (ch) | 24 Nov 16 | 9,800 | 255 | 24,990 | 36,930 | 0.055 |
| Charles Taylor | Paul Hewitt | 25 Nov 16 | 784 | 252 | 1,976 | 19,508 | 0.029 |
| Charles Taylor | Paul Hewitt | 25 Nov 16 | 18,724 | 255 | 47,746 | 18,724 | 0.028 |
| Computacenter | Gregory Lock (ch) | 24 Nov 16 | 1,085 | 733 | 7,953 | 587,485 | 0.479 |
| Computacenter | Gregory Lock (ch) | 25 Nov 16 | 12,515 | 745.49 | 93,298 | 600,000 | 0.489 |
| Devro | Gerard Hoetmer (ch) | 25 Nov 16 | 20,000 | 160 | 32,000 | 110,000 | 0.066 |
| Ecofin Global Utilities and Infrastructure Trust | Martin Nѐgre | 29 Nov 16 | 43,511 | 108.25 | 47,101 | 2,301,882 | 2.506 |
| GETECH | Peter Stephens | 28 Nov 16 | 300,000 | 25 | 75,000 | 1,395,500 | 3.715 |
| Hammerson | David Tyler (ch) | 24 Nov 16 | 20,000 | 549.5 | 109,900 | 60,000 | 0.008 |
| Helical Bar | Duncan Walker | 24 Nov 16 | 1,778 | 279.75 | 4,974 | 333,494 | 0.282 |
| Helical Bar | Duncan Walker | 24 Nov 16 | 1,795 | 277.16 | 4,975 | 335,289 | 0.284 |
| Helical Bar | Duncan Walker | 24 Nov 16 | 1,817 | 273.68 | 4,973 | 337,106 | 0.285 |
| Helical Bar | Duncan Walker | 24 Nov 16 | 3,661 | 271.75 | 9,949 | 313,509 | 0.265 |
| Helical Bar♥ | Michael O'Donnell | 24 Nov 16 | 5,000 | 281 | 14,050 | 67,000 | 0.057 |
| Helical Bar | Gerald Kaye (ceo) | 24 Nov 16 | 34,825 | 287.14 | 99,997 | 1,082,547 | 0.916 |
| Helical Bar♥ | Matthew Bonning-Snook | 24 Nov 16 | 17,350 | 287.14 | 49,819 | 420,159 | 0.356 |
| Helical Bar | Tim Murphy (fd) | 24 Nov 16 | 34,825 | 287.14 | 99,997 | 386,425 | 0.327 |
| Homeserve | Chris Havemann | 24 Nov 16 | 8,178 | 583 | 47,678 | 20,000 | 0.006 |
| Intu Properties♥ | John Whittaker | 28 Nov 16 | 39,000 | 269.089 | 104,945 | 336,758,139 | 24.852 |
| Johnson Matthey | Anna Manz (fd) | 24 Nov 16 | 2,184 | 3180.8622 | 69,470 | 2,184 | 0.001 |
| Marston's | Ralph Findlay (ceo) | 28 Nov 16 | 18,675 | 133.13 | 24,862 | 1,142,264 | 0.190 |
| Marston's | Ralph Findlay (ceo) | 28 Nov 16 | 18,727 | 132.76 | 24,862 | 1,123,589 | 0.186 |
| Marston's | Catherine Glickman | 25 Nov 16 | 25,000 | 132.8054 | 33,201 | 50,000 | 0.008 |
| Mercantile Ports& Logistics♥* | Lord Flight | 25 Nov 16 | 1,000,000 | 10 | 100,000 | 1,000,000 | 0.260 |
| Mercantile Ports & Logistics* | Pavandeep Bakhshi | 25 Nov 16 | 500,000 | 10 | 50,000 | 138,000 | 0.036 |
| Octagonal | Martin Davison | 24 Nov 16 | 50,000 | 2 | 1,000 | 19,065,000 | 3.403 |
| Octagonal | Martin Davison | 25 Nov 16 | 1,000,000 | 2.05 | 20,500 | 20,065,000 | 3.582 |
| Octagonal | Martin Davison | 30 Nov 16 | 1,000,000 | 2.24 | 22,400 | 21,065,000 | 3.760 |
| Shaftesbury | Jonathan Nicholls (ch) | 29 Nov 16 | 850 | 912.46 | 7,756 | 10,000 | 0.004 |
| Shaftesbury | Jonathan Nicholls (ch) | 29 Nov 16 | 9,150 | 915.02 | 83,724 | 9,150 | 0.003 |
| Speedy Hire | Chris Morgan (fd) | 30 Nov 16 | 117,751 | 43 | 50,633 | 117,751 | 0.022 |
| Sula Iron & Gold* | Howard Baker | 24 Nov 16 | 7,715,876 | 0.21 | 16,203 | 14,507,542 | 0.780 |
| Sula Iron & Gold* | Iain Macpherson | 24 Nov 16 | 38,269,748 | 0.21 | 80,366 | 38,269,748 | 2.058 |
| Sula Iron & Gold* | Matt Wood (fd) | 24 Nov 16 | 16,172,848 | 0.21 | 33,963 | 17,668,489 | 0.950 |
| Sula Iron & Gold* | Roger Murphy (ceo) | 24 Nov 16 | 15,714,286 | 0.21 | 33,000 | 15,714,286 | 0.845 |
| TalkTalk Telecom | Roger Taylor | 28 Nov 16 | 1,159,369 | 155.7835 | 1,806,106 | 4,313,161 | 0.452 |
| TalkTalk Telecom | Roger Taylor | 29 Nov 16 | 840,631 | 162.2725 | 1,364,113 | 5,153,792 | 0.540 |
| VPC Specialty Lending Investments♥ | Richard Levy | 29 Nov 16 | 87,112 | 70.88 | 61,745 | 1,120,188 | 0.293 |
| Sells | |||||||
|---|---|---|---|---|---|---|---|
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Altitude | Martin Varley (ceo) | 29 Nov 16 | 500,000 | 79 | 395,000 | 12,547,559 | 27.959 |
| Auto Trader | Sean Glithero (fd) | 29 Nov 16 | 600,000 | 398.749 | 2,392,494 | 2,997,581 | 0.304 |
| BGEO | Archil Gachechiladze | 29 Nov 16 | 12,000 | 3000 | 360,000 | 136,250 | 0.356 |
| BGEO | Archil Gachechiladze | 29 Nov 16 | 16,000 | 2998 | 479,680 | 120,250 | 0.314 |
| BGEO | Avtandil Namicheishvili | 24 Nov 16 | 10,027 | 3075.16 | 308,346 | 48,112 | 0.126 |
| BGEO | Avtandil Namicheishvili | 25 Nov 16 | 11,486 | 3080.37 | 353,811 | 36,626 | 0.096 |
| BGEO | Avtandil Namicheishvili | 28 Nov 16 | 5,331 | 3050 | 162,596 | 31,295 | 0.082 |
| BGEO | Nikoloz Gamkrelidze | 25 Nov 16 | 4,400 | 3080 | 135,520 | 48,850 | 0.128 |
| BGEO | Nikoloz Gamkrelidze | 28 Nov 16 | 2,600 | 3050 | 79,300 | 46,250 | 0.121 |
| Gamma Communications | Andrew Stone | 29 Nov 16 | 21,000 | 475.031 | 99,757 | 1,450,000 | 1.580 |
| Lindsell Train Investment Trust (The) | Rory Landman | 24 Nov 16 | 102 | 86500 | 88,230 | 300 | 0.150 |
| Lindsell Train Investment Trust (The) | Rory Landman | 25 Nov 16 | 100 | 86500 | 86,500 | 200 | 0.100 |
| Menzies (John)♥ | Dermot Jenkinson | 25 Nov 16 | 53,325 | 520 | 277,290 | 1,870,311 | 2.245 |
| Menzies (John)♥ | Dermot Jenkinson | 28 Nov 16 | 22,416 | 517.25 | 115,947 | 1,847,895 | 2.218 |
| Menzies (John)♥ | Dermot Jenkinson | 28 Nov 16 | 35,222 | 519.2 | 182,873 | 1,812,673 | 2.175 |
| Schroder Japan Growth Fund | Richard Greer | 24 Nov 16 | 22,000 | 177.5 | 39,050 | 9,689 | 0.008 |
| *Placing/tender/open offer ♥Spouse/connected party | |||||||
