Fevertree Drinks (FEVR) says customers still want to buy its premium mixers, and it appears that institutional investors can’t get enough of its shares. Co-founder and chief executive Tim Warrillow sold 1.5m shares at 1,925p each last week, banking £29m, while non-executive chairman Bill Ronald offloaded 50,000 shares at 2,083p each as well. A Fevertree spokesperson said the sales were done to increase liquidity and meet heightened demand from institutional investors following recent results.
IC TIP:
Hold
at
2177p
Fellow co-founder Charles Rolls encountered a similar situation in May when he ended up selling 4.5m shares to meet greater-than-expected demand from institutional investors after originally intending to sell just 2.5m. Mr Rolls still holds around 12.9m shares in the company, or 11.2 per cent of issued share capital, while Mr Warrillow kept around 6.2m. Hopefully, these sales have quenched investors' thirst for the time being, since both founders won't be able to sell any more shares for 12 months.
| Buys | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Aberdeen New Dawn Investment Trust | Marion Sears | 25 Jul 17 | 20,000 | 229.4 | 45,880 | 35,000 | 0.030 |
| Access Intelligence* | Joanna Arnold (ceo) | 21 Jul 17 | 615,385 | 3.25 | 20,000 | 5,615,385 | 1.760 |
| Access Intelligence* | Michael Jackson (ch) | 21 Jul 17 | 6,153,846 | 3.25 | 200,000 | 35,252,807 | 11.051 |
| Barr (AG) | John Nicolson (ch) | 25 Jul 17 | 6,000 | 598 | 35,880 | 11,500 | 0.010 |
| Barr (AG) | Pamela Powell | 24 Jul 17 | 5,000 | 597 | 29,850 | 5,000 | 0.004 |
| Belvoir Lettings* | Dorian Gonsalves (ceo) | 21 Jul 17 | 15,000 | 100 | 15,000 | 463,595 | 1.327 |
| Belvoir Lettings | Andrew Borkowski | 24 Jul 17 | 9,210 | 106.6699 | 9,824 | 33,754 | 0.097 |
| Belvoir Lettings* | Louise George (fd) | 21 Jul 17 | 10,000 | 100 | 10,000 | 45,107 | 0.129 |
| Better Capital | Jonathan Moulton | 21 Jul 17 | 1,300,000 | 33.04 | 429,520 | 5,464,995 | 15.498 |
| Biome Technologies | John Standen (ch) | 25 Jul 17 | 1,250 | 207 | 2,588 | 50,086 | 2.134 |
| Biome Technologies♥ | John Standen (ch) | 25 Jul 17 | 1,250 | 207 | 2,588 | 51,336 | 2.187 |
| Biome Technologies | Paul Mines (ceo) | 25 Jul 17 | 1,243 | 201.0056 | 2,498 | 21,885 | 0.932 |
| Capital & Counties Properties | Situl Jobanputra (cfo) | 25 Jul 17 | 37,500 | 296.1085 | 111,041 | 50,000 | 0.006 |
| Collagen Solutions | David Evans (ch) | 25 Jul 17 | 900,000 | 5.1 | 45,900 | 39,394,554 | 12.148 |
| Eagle Eye Solutions♥ | Tim Mason (ceo) | 20 Jul 17 | 5,000 | 236 | 11,800 | 183,797 | 0.725 |
| Eagle Eye Solutions♥ | Tim Mason (ceo) | 20 Jul 17 | 5,000 | 238.28 | 11,914 | 201,297 | 0.795 |
| Eagle Eye Solutions♥ | Tim Mason (ceo) | 20 Jul 17 | 12,500 | 238 | 29,750 | 196,297 | 0.775 |
| Eagle Eye Solutions♥ | Tim Mason (ceo) | 20 Jul 17 | 17,500 | 238.62 | 41,759 | 218,797 | 0.864 |
| Eagle Eye Solutions♥ | Tim Mason (ceo) | 21 Jul 17 | 23,042 | 250 | 57,605 | 241,839 | 0.955 |
| FIH | Robert Johnston | 24 Jul 17 | 3,000 | 290 | 8,700 | 3,599,553 | 28.955 |
| Falanx | Mike Read (ch) | 20 Jul 17 | 250,000 | 6.1 | 15,250 | 2,227,273 | 1.423 |
| FirstGroup | Martha Poulter | 21 Jul 17 | 60,000 | 116.8761 | 70,126 | 60,000 | 0.005 |
| Mothercare | Mark Newton-Jones (ceo) | 21 Jul 17 | 95,000 | 105.22 | 99,959 | 383,972 | 0.225 |
| NMC Health | Jonathan Bomford | 20 Jul 17 | 1,000 | 2254 | 22,540 | 18,000 | 0.009 |
| Proxama* | Dan Francis | 26 Jul 17 | 83,333,333 | 0.03 | 25,000 | 83,333,333 | 0.606 |
| Proxama* | John Kennedy (ceo & cfo) | 26 Jul 17 | 83,333,333 | 0.03 | 25,000 | 84,133,333 | 0.612 |
| Proxama* | Mark Slade | 26 Jul 17 | 100,000,000 | 0.03 | 30,000 | 100,000,000 | 0.727 |
| Proxama* | Kelvin Harrison (ch) | 26 Jul 17 | 66,666,666 | 0.03 | 20,000 | 66,666,666 | 0.485 |
| Proxama* | Shaun Gregory | 26 Jul 17 | 166,666,666 | 0.03 | 50,000 | 166,666,666 | 1.212 |
| QinetiQ | James Burnell-Nugent | 21 Jul 17 | 4,148 | 241.03 | 9,998 | 15,567 | 0.003 |
| QinetiQ | Mark Elliott (ch) | 21 Jul 17 | 1,000 | 310.5 | 3,105 | 130,000 | 0.023 |
| QinetiQ | Mark Elliott (ch) | 21 Jul 17 | 2,000 | 309.5 | 6,190 | 127,000 | 0.022 |
| QinetiQ | Mark Elliott (ch) | 21 Jul 17 | 2,000 | 310 | 6,200 | 129,000 | 0.023 |
| QinetiQ | Mark Elliott (ch) | 21 Jul 17 | 6,900 | 313 | 21,597 | 145,000 | 0.026 |
| QinetiQ | Mark Elliott (ch) | 21 Jul 17 | 8,100 | 312 | 25,272 | 138,100 | 0.024 |
| QinetiQ | David Smith (cfo) | 26 Jul 17 | 12,382 | 240.46 | 29,774 | 29,798 | 0.005 |
| QinetiQ | Michael Harper | 21 Jul 17 | 5,000 | 241 | 12,050 | 35,000 | 0.006 |
| QinetiQ | Paul Murray | 25 Jul 17 | 8,272 | 240.41 | 19,887 | 83,214 | 0.015 |
| QinetiQ | Steve Wadey (ceo) | 24 Jul 17 | 15,000 | 236.7813 | 35,517 | 52,069 | 0.009 |
| RM♥ | Andy Blundell | 24 Jul 17 | 5,000 | 173.1 | 8,655 | 5,000 | 0.006 |
| Ranger Direct Lending Fund♥ | K Canon | 25 Jul 17 | 1,000 | 815 | 8,150 | 4,000 | 0.025 |
| SDX Energy | David Mitchell | 26 Jul 17 | 10,000 | 44.13225 | 4,413 | 1,645,110 | 0.880 |
| Softcat | Vinodka Murria | 20 Jul 17 | 259,230 | 390.4 | 1,012,034 | 295,397 | 0.149 |
| Syncona | Ellen Strahlman | 21 Jul 17 | 879 | 172.37 | 1,515 | 24,844 | 0.004 |
| Syncona | Ellen Strahlman | 21 Jul 17 | 10,564 | 171.9 | 18,160 | 10,564 | 0.002 |
| Syncona | Ellen Strahlman | 21 Jul 17 | 13,041 | 172.37 | 22,479 | 23,965 | 0.004 |
| Syncona | Ellen Strahlman | 25 Jul 17 | 887 | 171.04 | 1,517 | 25,731 | 0.004 |
| Tarsus | Douglas Emslie | 26 Jul 17 | 3,402 | 303 | 10,308 | 1,378,989 | 1.220 |
| Virgin Money | Jayne-Anne Gadhia (ceo) | 25 Jul 17 | 35,365 | 280.65 | 99,252 | 2,016,558 | 0.453 |
| Volga Gas | Andrey Zozulya (ceo) | 24 Jul 17 | 170,000 | 58.25 | 99,025 | 270,000 | 0.333 |
| Sells | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Beazley | George Blunden | 24 Jul 17 | 5,000 | 501 | 25,050 | 45,000 | 0.009 |
| Belvoir Lettings* | Mike Goddard (ch) | 21 Jul 17 | 1,700,000 | 100 | 1,700,000 | 5,571,921 | 15.948 |
| Fevertree Drinks | Tim Warrillow (ceo) | 25 Jul 17 | 1,500,000 | 1925 | 28,875,000 | 6,184,352 | 5.366 |
| Fevertree Drinks | Bill Ronald (ch) | 25 Jul 17 | 50,000 | 2083 | 1,041,500 | 392,771 | 0.341 |
| Gamma Communications | Andrew Stone | 20 Jul 17 | 15,000 | 651.3333 | 97,700 | 685,500 | 0.735 |
| Gamma Communications | Andrew Stone | 24 Jul 17 | 4,500 | 653 | 29,385 | 681,000 | 0.730 |
| Judges Scientific | David Barnbrook | 20 Jul 17 | 4,000 | 1855 | 74,200 | 14,279 | 0.233 |
| *Placing/tender/open offer ♥Spouse/connected party | |||||||
