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More director dealings at Ibstock

The flurry of director sales and purchases of the brick maker's shares continues
August 23, 2017

Directors at building product manufacturer Ibstock (IBST) seem to sell in pairs. For the second time this year, chief executive Wayne Sheppard and finance director Kevin Sims have sold large chunks of their shares – 2.5m and 2m respectively – on the same day, as they did back in late March. Mr Sheppard still holds 5.08m shares in the company, while Mr Sims still holds 2.92m. These latest sales bring their holdings to 1.25 per cent for Mr Sheppard and 0.72 per cent for Mr Sims

IC TIP: Buy at 237p

While the two have been selling down in unison, non-executive director Justin Read has been taking advantage of the recent weakness in the share price, picking up a rather more modest 10,000 shares in late March, a few days after the sell-down. He bought another 7,500 in August, in the wake of the sales booked in this week's table.

Buys       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Action Hotels♥Sheikh Mubarak A. M Al-Sabah (ch)14 Aug 1766,70040.2526,84797,305,61665.909
Amino TechnologiesDonna McGarva (ceo)14 Aug 172,780179.44,987445,4280.615
BTIsabel Hudson11 Aug 173,3672959,93315,0900.000
Bloomsbury PublishingRichard Lambert (ch)10 Aug 1710,00017617,60010,0000.013
Capital & RegionalLaura Whyte11 Aug 1713,25056.57,48672,0360.010
DiageoJavier Ferrán (ch)14 Aug 1765,00025031,626,950114,0180.005
EssentraPaul Forman (ceo)10 Aug 1720,000520.3104,060100,0000.038
EssentraPaul Forman (ceo)10 Aug 1720,000521.5104,30080,0000.030
Gaming Realms*Michael Buckley (ch)14 Aug 171,000,00011110,00023,000,0008.086
Gaming Realms*Patrick Southon (ceo)14 Aug 17681,8181175,00012,417,3194.366
GlencoreMartin Gilbert10 Aug 1750,000338169,00050,0000.000
Helios UnderwritingNigel Hanbury (ceo)15 Aug 1715,00014722,0501,678,01611.490
IbstockJustin Read11 Aug 177,500227.22617,04217,5000.004
Inmarsat♥Simon Bax10 Aug 173,250741.3524,09418,0000.004
InmarsatSimon Bax10 Aug 173,250741.6424,10314,7500.003
Intermediate CapitalRusty Nelligan10 Aug 171,042935.439,74751,0420.018
Intermediate CapitalRusty Nelligan16 Aug 1720,528905.54185,889101,0420.035
Intermediate CapitalRusty Nelligan16 Aug 1729,472893.99263,47780,5140.028
IntertekJean-Michel Valette11 Aug 1710,0004650465,00010,0000.006
Marechale CapitalJeremy Stephenson14 Aug 17400,0001.194,760400,0000.693
MondiAndrew King (cfo)10 Aug 1720,0001990398,00043,2300.009
MondiAndrew King (cfo)10 Aug 1720,0001993.38398,6763,2300.001
MondiAndrew King (cfo)10 Aug 1720,0001994.95398,99023,2300.005
RedcentricChristopher Cole (ch)11 Aug 1720,00075.3815,07620,0000.013
RedcentricPeter Brotherton (cfo & cs)16 Aug 1720,00079.62515,92520,0000.013
RedhallPhillip Hilling10 Aug 17106,5649.38410,000357,4550.107
Rio TintoSam Laidlaw14 Aug 177,5003419.89256,4927,5000.001
Riverstone Energy♥David Leuschen15 Aug 1725,0001294.37323,5935,025,0005.948
Riverstone Energy♥Pierre Lapeyre16 Aug 1715,5651299.89202,3285,065,5655.996
SafestayStephen Moss14 Aug 1742,5005422,950125,8330.368
Spirent Communications♥Gary Bullard11 Aug 1715,000103.7315,56025,0000.004
Spirent CommunicationsGary Bullard14 Aug 1715,000103.7315,56025,0000.004
Surface Transforms*David Bundred (ch)10 Aug 17161,30015.525,002894,6410.785
Tavistock InvestmentsBrian Raven (ceo)14 Aug 17308,0003.2510,01063,527,37911.826
Tower Resources*Graeme Thomson11 Aug 17553,43415,5344,150,7672.946
Trinity Exploration & ProductionJames Menzies14 Aug 17250,0001127,500250,0000.089
Ultra ElectronicsAmitabh Sharma (gfd)16 Aug 177861895.514,8998790.001
VPC Specialty Lending Investments♥Richard Levy15 Aug 1772,45080.858,5401,725,0080.458
Vitesse MediaSimon Stilwell11 Aug 176,373,7992.5159,3457,013,79910.864
WideCells*Marilyn Orcharton14 Aug 177,143141,000158,0950.244
Sells       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Admiral♥**David Stevens (ceo)16 Aug 17225,00020324,572,0009,042,9503.175
CYBGDebbie Crosbie (coo)14 Aug 1710,875290.5131,59399,5150.011
CYBGIan Smith (cfo)14 Aug 178,115290.5123,57596,8810.011
Eco Animal Health♥Peter Lawrence (ch)15 Aug 17700,0006504,550,0006,948,47710.383
IbstockKevin Sims (cfo)10 Aug 172,000,0002414,820,0002,924,5580.720
IbstockWayne Sheppard (ceo)10 Aug 172,500,0002416,025,0005,076,2441.249
MondiAndrew King (cfo)10 Aug 1718,3301988.1364,41900.000
MondiAndrew King (cfo)10 Aug 1720,0001987.64397,52821,5600.004
MondiAndrew King (cfo)10 Aug 1720,0001991398,20041,5600.009
MondiAndrew King (cfo)10 Aug 1720,0001992398,4001,5600.000
Qannas Investments*Mustafa Kheriba10 Aug 1770,1259063,113461,6030.770
SavillsJeremy Helsby (ceo)14 Aug 1741,129868.145357,059564,8490.398
SavillsSimon Shaw (cfo)14 Aug 1722,849868.145198,362155,8640.110
TristelElizabeth Dixon (fd & cs)16 Aug 1710,00027327,30045,0000.105

*Placing/tender/open offer **Sale by charity gifted the shares ♥Spouse/connected party