Two non-executive directors of BCA Marketplace (BCA), Mark Brangstrup Watts and James Corsellis, were beneficially entitled to around 11.5m shares snapped up by funds managed by Marwyn Asset Management (MAML) midway through May. The total outlay for the acquisitions came in at £23.7m, which brought MAML's total interest to 29.9m shares, or 3.84 per cent of BCA's issued share capital.
At the start of last month, BCA revealed that it had been trading at the upper end of market expectations, buoyed by new contract wins and high rates of repeat business. With business confidence on the rise, BCA, which maintains Europe's largest used-vehicle marketplace, recently appointed advisers to work on the planned transition to the premium segment of the official list.
Buys | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
3i | Simon Borrows (ceo) | 18 May 17 | 250,000 | 834.8 | 2,087,000 | 12,027,499 | 1.236 |
3i | Caroline Banszky | 18 May 17 | 3,000 | 838 | 25,140 | 12,995 | 0.001 |
Anglo Pacific | Robert Stan | 23 May 17 | 8,000 | 118 | 9,440 | 155,540 | 0.086 |
BCA Marketplace | James Corsellis | 18 May 17 | 9,000,000 | 205 | 18,450,000 | 9,000,000 | 1.153 |
BCA Marketplace | James Corsellis | 19 May 17 | 520,837 | 206 | 1,072,924 | 11,562,524 | 1.482 |
BCA Marketplace | James Corsellis | 19 May 17 | 2,041,687 | 207 | 4,226,292 | 11,041,687 | 1.415 |
BCA Marketplace | Mark Brangstrup Watts | 18 May 17 | 9,000,000 | 205 | 18,450,000 | 9,000,000 | 1.153 |
BCA Marketplace | Mark Brangstrup Watts | 19 May 17 | 520,837 | 206 | 1,072,924 | 11,562,524 | 1.482 |
BCA Marketplace | Mark Brangstrup Watts | 19 May 17 | 2,041,687 | 207 | 4,226,292 | 11,041,687 | 1.415 |
Better Capital | Jonathan Moulton | 19 May 17 | 2,000,000 | 26.1 | 522,000 | 27,723,809 | 13.407 |
Burberry | Julie Brown (cfo) | 19 May 17 | 9,621 | 1,724.89 | 165,952 | 9,621 | 0.002 |
CYBG | Fiona MacLeod | 19 May 17 | 7,000 | 274.064 | 19,184 | 7,000 | 0.001 |
Cairn Energy | Iain McLaren | 19 May 17 | 25,000 | 209.3311 | 52,333 | 32,878 | 0.006 |
Condor Gold | Jim Mellon | 22 May 17 | 10,000 | 59 | 5,900 | 1,266,108 | 2.063 |
Condor Gold | Jim Mellon | 23 May 17 | 90,000 | 60 | 54,000 | 1,356,108 | 2.210 |
Driver | Peter Collini | 23 May 17 | 50,000 | 50 | 25,000 | 50,000 | 0.094 |
HSBC | Jonathan Evans | 19 May 17 | 2,239 | 666 | 14,912 | 12,892 | 0.000 |
HarbourVest Global Private Equity | Brooks Zug | 18 May 17 | 21,000 | 1,300 | 273,000 | 21,000 | 0.026 |
Hargreaves Lansdown | Philip Johnson (cfo) | 18 May 17 | 14,872 | 1,338 | 198,987 | 30,612 | 0.006 |
Harworth♥ | Owen Michaelson (ceo) | 24 May 17 | 20,000 | 100 | 20,000 | 206,463 | 0.064 |
Harworth | Owen Michaelson (ceo) | 24 May 17 | 40,000 | 100 | 40,000 | 186,463 | 0.058 |
Hogg Robinson | Mark Whiteling | 24 May 17 | 25,000 | 70 | 17,500 | 125,000 | 0.038 |
Hogg Robinson | Mark Whiteling | 24 May 17 | 25,000 | 70.75 | 17,688 | 100,000 | 0.031 |
MJ Gleeson♥ | Jolyon Harrison (ceo) | 22 May 17 | 1,500 | 622 | 9,330 | 1,734,095 | 3.204 |
Marston's | Edward Roberts | 18 May 17 | 25,000 | 137.9 | 34,475 | 25,000 | 0.004 |
North Atlantic Smaller Companies Inv Trust | Greville Howard | 23 May 17 | 1,982 | 2757 | 54,644 | 5,000 | 0.035 |
Pantheon Resources | Philip Gobe | 23 May 17 | 25,000 | 74.98 | 18,745 | 75,000 | 0.035 |
Plant Health Care♥ | Richard Webb | 23 May 17 | 80,825 | 30 | 24,248 | 949,225 | 0.642 |
Plant Health Care | Richard Webb | 23 May 17 | 106,530 | 30 | 31,959 | 868,400 | 0.587 |
RPS | Kenneth Lever (ch) | 19 May 17 | 40,000 | 268.9614 | 107,585 | 40,000 | 0.018 |
Ranger Direct Lending Fund | Christopher Waldron (ch) | 23 May 17 | 1,039 | 857.075 | 8,905 | 2,000 | 0.012 |
Rotork♥ | Jonathan Davis (fd) | 19 May 17 | 3,054 | 235.5 | 7,192 | 209,967 | 0.024 |
Rotork♥ | Peter France (ceo) | 19 May 17 | 7,486 | 235.5 | 17,630 | 632,635 | 0.073 |
Spirent Communications | Bill Thomas (ch) | 19 May 17 | 25,486 | 117.71 | 30,000 | 25,486 | 0.004 |
Stock Spirits | Randy Pankevicz | 23 May 17 | 15,000 | 162.974 | 24,446 | 15,000 | 0.008 |
TP ICap | David Shalders | 19 May 17 | 4,202 | 473.24 | 19,886 | 4,202 | 0.001 |
Tesco | Lindsey Pownall | 22 May 17 | 20,000 | 185.1 | 37,020 | 20,000 | 0.000 |
Wolseley♥ | Darren Shapland | 23 May 17 | 100 | 4928 | 4,928 | 2,100 | 0.001 |
Zegona Communications | Murray Scott | 18 May 17 | 10,000 | 158.5 | 15,850 | 50,000 | 0.026 |
Zegona Communications | Robert Samuelson | 18 May 17 | 12,500 | 157.5 | 19,688 | 801,502 | 0.409 |
Sells | |||||||
---|---|---|---|---|---|---|---|
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
City of London Investment Group | Barry Olliff (ceo) | 24 May 17 | 225,000 | 400 | 900,000 | 2,500,186 | 9.289 |
Directa Plus | David Gann | 22 May 17 | 5,560 | 72.5 | 4,031 | 17,740 | 0.040 |
Gamma Communications | Andrew Stone | 19 May 17 | 51,500 | 574.4369 | 295,835 | 729,000 | 0.782 |
Gear4music* | Andrew Wass (ceo) | 24 May 17 | 725,000 | 690 | 5,002,500 | 7,161,993 | 34.322 |
Gear4music* | Chris Scott (cfo) | 24 May 17 | 30,000 | 690 | 207,000 | 90,462 | 0.434 |
Gear4music* | Dean Murray | 24 May 17 | 50,000 | 690 | 345,000 | 199,520 | 0.956 |
Gear4music* | Gareth Bevan | 24 May 17 | 34,000 | 690 | 234,600 | 100,382 | 0.481 |
Hammerson | Jean-Philippe Mouton | 18 May 17 | 59,791 | 579 | 346,190 | 284,090 | 0.036 |
IQE | Howard Williams | 19 May 17 | 1,900,000 | 68.29 | 1,297,510 | 2,392,965 | 0.352 |
IQE | Phillip Rasmussen (fd) | 19 May 17 | 1,900,000 | 68.29 | 1,297,510 | 1,573,357 | 0.232 |
Just Eat♥ | Frederic Coorevits | 22 May 17 | 17,000,000 | 600 | 102,000,000 | 104,972,442 | 15.459 |
Paragon Group of Companies (The) | Hugo Tudor | 23 May 17 | 105,000 | 475.88 | 499,674 | 355,000 | 0.130 |
Paragon Group of Companies (The) | Hugo Tudor | 24 May 17 | 20,000 | 471.83 | 94,366 | 310,000 | 0.114 |
Paragon Group of Companies (The) | Hugo Tudor | 24 May 17 | 25,000 | 470.33 | 117,583 | 330,000 | 0.121 |
Sophos | Kris Hagerman (ceo) | 19 May 17 | 113,621 | 401.35 | 456,018 | 1,964,670 | 0.425 |
Sophos | Nick Bray (cfo) | 19 May 17 | 800,000 | 399.74 | 3,197,920 | 276,909 | 0.060 |
The Property Franchise Group | David Raggett (cfo) | 24 May 17 | 150,000 | 154.535 | 231,803 | 25,000 | 0.098 |
*Pacing/tender/open offer ♥Spouse/connected party |