Asos (ASC) lost its status as junior market royalty last year after losing more than half of its market value on news of weaker first-quarter sales. First-half pre-tax profits were ravaged by hefty investment in logistics and technology, causing them to fall 87 per cent. So investors might be alarmed to see non-executive director Nick Roberston selling £15m-worth of shares in the days following the most recent update.
IC TIP:
Hold
at
3,940p
Mr Robertson founded Asos in 2001, during which time the value of his holding has risen to more than £182m. He has been periodically selling down his holding in recent years, though he retains a stake worth 5.53 per cent of the group’s issued share capital.
| Buys | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| AEW UK REIT | Bimaljit Sandhu | 12 Apr 2019 | 100,000 | 90.73 | 90,730 | 750,000 | 0.495 |
| Albion Development VCT | Lyn Goleby | 12 Apr 2019 | 23,014 | 86.9 | 19,999 | 23,014 | 0.028 |
| Baillie Gifford US Growth Trust | Tom Burnet (ch) | 16 Apr 2019 | 30,750 | 129.41 | 39,794 | 80,750 | 0.036 |
| Baillie Gifford US Growth Trust♥ | Tom Burnet (ch) | 16 Apr 2019 | 30,750 | 129.41 | 39,794 | 111,500 | 0.049 |
| Beazley | John Reizenstein | 17 Apr 2019 | 10,000 | 558.619 | 55,862 | 10,000 | 0.002 |
| BlackRock Throgmorton Trust | Christopher Samuel (ch) | 12 Apr 2019 | 11,460 | 521.241 | 59,734 | 24,960 | 0.034 |
| Crown Place VCT | Pam Garside | 12 Apr 2019 | 42,613 | 35.2 | 15,000 | 42,613 | 0.023 |
| DX Group | Russell Black | 15 Apr 2019 | 214,000 | 14 | 29,960 | 2,144,882 | 0.374 |
| DX Group | Russell Black | 15 Apr 2019 | 71,000 | 14 | 9,940 | 2,215,882 | 0.386 |
| Eddie Stobart Logistics | Stephen Harley | 12 Apr 2019 | 10,000 | 99 | 9,900 | 20,000 | 0.005 |
| Eddie Stobart Logistics♥ | Stephen Harley | 12 Apr 2019 | 10,000 | 99 | 9,900 | 30,000 | 0.008 |
| Finsbury Food♥ | Stephen Boyd (fd) | 11 Apr 2019 | 30,000 | 67 | 20,100 | 1,095,543 | 0.840 |
| Finsbury Food | Peter Baker (ch) | 17 Apr 2019 | 10,817 | 78 | 8,437 | 96,817 | 0.074 |
| Franchise Brands | David Poutney | 11 Apr 2019 | 100,000 | 72.5 | 72,500 | 3,410,791 | 4.409 |
| Hipgnosis Songs | Andrew Wilkinson | 17 Apr 2019 | 10,000 | 102 | 10,200 | 25,000 | 0.007 |
| Hipgnosis Songs | Simon Holden | 17 Apr 2019 | 20,000 | 102 | 20,400 | 35,000 | 0.010 |
| Hipgnosis Songs | Paul Burger | 17 Apr 2019 | 7,500 | 102 | 7,650 | 22,500 | 0.007 |
| Jersey Electricity | Peter Simon | 11 Apr 2019 | 2,210 | 456 | 10,078 | 2,210 | 0.019 |
| Jersey Oil and Gas | Marcus Stanton (ch) | 15 Apr 2019 | 15,000 | 68.4 | 10,260 | 64,192 | 0.294 |
| Jersey Oil and Gas | Ronald Lansdell (coo) | 15 Apr 2019 | 25,000 | 68.8 | 17,200 | 950,000 | 4.352 |
| Merian Chrysalis Investment Co | Simon Holden | 16 Apr 2019 | 20,000 | 110 | 22,000 | 35,000 | 0.018 |
| Merian Chrysalis Investment Co | Stephen Coe | 16 Apr 2019 | 10,909 | 110 | 12,000 | 35,909 | 0.019 |
| Merian Chrysalis Investment Co | Tim Cruttenden | 16 Apr 2019 | 9,090 | 110 | 9,999 | 9,090 | 0.005 |
| Merian Chrysalis Investment Co | Anne Ewing | 16 Apr 2019 | 7,500 | 110 | 8,250 | 7,500 | 0.004 |
| Mitchells & Butlers | Philip Urban (ceo) | 12 Apr 2019 | 15,115 | 263.236 | 39,788 | 115,476 | 0.027 |
| NB Private Equity Partners | John Falla | 15 Apr 2019 | 2,000 | 1090 | 21,800 | 6,000 | 0.013 |
| NB Private Equity Partners | William Maltby | 17 Apr 2019 | 9,500 | 1090 | 103,550 | 9,500 | 0.021 |
| Personal Assets Trust | Iain Ferguson | 17 Apr 2019 | 49 | 40472 | 19,831 | 2,360 | 0.099 |
| ReNeuron | Christopher Evans | 11 Apr 2019 | 4,500 | 221.5 | 9,968 | 244,605 | 0.773 |
| ReNeuron | John Berriman (ch) | 11 Apr 2019 | 80,000 | 225 | 180,000 | 90,434 | 0.286 |
| ReNeuron | Simon Cartmell | 11 Apr 2019 | 7,758 | 225.5516 | 17,498 | 15,633 | 0.049 |
| ReNeuron | Michael Owen | 11 Apr 2019 | 4,237 | 236 | 9,999 | 4,237 | 0.013 |
| Rose Petroleum | Matthew Idiens (ceo) | 11 Apr 2019 | 2,000,000 | 1.75 | 35,000 | 3,620,257 | 2.524 |
| Saga | Gareth Williams | 12 Apr 2019 | 11,384 | 56.6 | 6,443 | 43,817 | 0.004 |
| Saga | Eva Eisenschimmel | 11 Apr 2019 | 17,444 | 56.9 | 9,926 | 17,444 | 0.002 |
| Saga | Patrick O'Sullivan (ch) | 12 Apr 2019 | 30,000 | 57 | 17,100 | 160,000 | 0.014 |
| Saga | Julie Hopes | 15 Apr 2019 | 16,910 | 57.3 | 9,689 | 16,910 | 0.002 |
| Shield Therapeutics | James Karis (ch) | 16 Apr 2019 | 4,000 | 81 | 3,240 | 86,667 | 0.074 |
| Shield Therapeutics | James Karis (ch) | 15 Apr 2019 | 46,000 | 81.5 | 37,490 | 82,667 | 0.071 |
| SkinBioTherapeutics | Catherine Prescott | 15 Apr 2019 | 56,112 | 17.82 | 9,999 | 56,112 | 0.044 |
| Smith (DS) | David Robbie | 11 Apr 2019 | 20,000 | 341.8 | 68,360 | 20,000 | 0.001 |
| STV | David Bergg | 16 Apr 2019 | 10,390 | 383.06 | 39,800 | 10,390 | 0.027 |
| TP ICap | Richard Berliand (ch) | 11 Apr 2019 | 50,000 | 278.62 | 139,310 | 50,000 | 0.009 |
| Tungsten | Andrew Doman | 12 Apr 2019 | 60,000 | 35.5 | 21,300 | 101,666 | 0.081 |
| Tungsten | Andrew Doman | 12 Apr 2019 | 24,242 | 41.25 | 10,000 | 222,645 | 0.177 |
| Tungsten | Andrew Doman | 12 Apr 2019 | 24,242 | 41.25 | 10,000 | 246,887 | 0.196 |
| Tungsten | Andrew Doman | 12 Apr 2019 | 96,737 | 41.3492 | 40,000 | 198,403 | 0.157 |
| Tungsten | Andrew Doman | 12 Apr 2019 | 4,762 | 41.9955 | 2,000 | 251,649 | 0.200 |
| UIL | Christopher Samuel | 17 Apr 2019 | 30,000 | 198.2 | 59,460 | 90,000 | 0.101 |
| UIL | Christopher Samuel | 17 Apr 2019 | 10,000 | 198.2 | 19,820 | 100,000 | 0.113 |
| Yellow Cake* | Andre Liebenberg | 16 Apr 2019 | 35,533 | 215 | 76,396 | 73,207 | 0.083 |
| Yellow Cake* | Alexander Downer | 16 Apr 2019 | 3,553 | 215 | 7,639 | 29,925 | 0.034 |
| Sells | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| 888 Holdings | Itai Frieberger | 15 Apr 2019 | 2,000,000 | 152 | 3,040,000 | 3,511,297 | 0.964 |
| ASOS | Nicholas Robertson | 16 Apr 2019 | 410,000 | 3722.5 | 15,262,250 | 4,636,414 | 5.528 |
| Cohort | Simon Walther (fd) | 15 Apr 2019 | 4,287 | 360 | 15,433 | 148,489 | 0.363 |
| Cohort♥ | Simon Walther (fd) | 15 Apr 2019 | 5,556 | 360 | 20,002 | 147,207 | 0.359 |
| Gamma Communications | Andrew Stone | 16 Apr 2019 | 200,000 | 1095 | 2,190,000 | 0 | 0.000 |
| Instem♥ | David Gare (ch) | 11 Apr 2019 | 580,000 | 290 | 1,682,000 | 578,427 | 3.560 |
| Instem | David Sherwin | 11 Apr 2019 | 200,000 | 290 | 580,000 | 1,180,066 | 7.263 |
| * placing/tender/open offer ♥ spouse/connected party | |||||||
