Directors in Howden Joinery (HWDN) have been busy dumping shares in the kitchen specialist. Rachel Robson, wife of Mark Robson, deputy chief executive and chief financial officer at the company, sold 989,007 shares raising £4.2m (Mark Robson transferred 337,892 shares from his name to his wife’s name in late July). Mr Robson himself sold a more modest 5,209 shares at the same time. His total holding (including shares in his wife’s name) is now 200,000 shares.
IC TIP:
Sell
at
421p
This follows the sale of 270,000 shares by chief executive Matthew Ingle, taking his total holding (including shares in his wife’s name) down to just over 3m shares. Profits at the half year to June were down 12 per cent, mainly as a result of higher operating costs and adverse currency movements. There was also a £124m hole in the pension fund that will need to be filled at some point.
| Buys | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| AstraZeneca | Philip Broadley | 27 Jul 17 | 2,300 | 4282 | 98,486 | 2,300 | 0.000 |
| AstraZeneca | Nazneen Rahman | 27 Jul 17 | 461 | 4,335.48 | 19,987 | 461 | 0.000 |
| Blue Star Capital* | Anthony Fabrizi (ceo) | 27 Jul 17 | 5,242,041 | 2 | 104,841 | 25,000,000 | 1.468 |
| CityFibre Infrastructure Holdings* | Chris Stone (ch) | 28 Jul 17 | 181,818 | 55 | 100,000 | 181,818 | 0.029 |
| CityFibre Infrastructure Holdings* | Stephen Charlton | 28 Jul 17 | 200,000 | 55 | 110,000 | 431,781 | 0.068 |
| CityFibre Infrastructure Holdings*♥ | Sally Davis | 28 Jul 17 | 15,000 | 55 | 8,250 | 74,906 | 0.012 |
| CityFibre Infrastructure Holdings* | Sally Davis | 28 Jul 17 | 23,000 | 55 | 12,650 | 59,908 | 0.009 |
| Diageo | A Stewart | 28 Jul 17 | 4,076 | 2465 | 100,473 | 6,636 | 0.000 |
| Eagle Eye Solutions | Bill Currie | 28 Jul 17 | 58,500 | 270 | 157,950 | 3,013,322 | 11.856 |
| Eagle Eye Solutions | Terry Leahy | 28 Jul 17 | 58,500 | 270 | 157,950 | 2,270,970 | 8.935 |
| Equiniti | Guy Wakeley (ceo) | 28 Jul 17 | 3,795 | 262 | 9,943 | 1,341,289 | 0.447 |
| Equiniti | Philip Yea | 31 Jul 17 | 40,000 | 262.3 | 104,920 | 40,000 | 0.013 |
| European Wealth* | John Morton (ceo) | 27 Jul 17 | 322,464 | 12.8 | 41,275 | 2,754,820 | 2.770 |
| European Wealth* | Buzz West (ch) | 27 Jul 17 | 935,025 | 12.8 | 119,683 | 1,281,331 | 1.288 |
| European Wealth* | Simon Ray | 27 Jul 17 | 132,813 | 12.8 | 17,000 | 392,149 | 0.394 |
| Pendragon | Chris Chambers | 02 Aug 17 | 500,000 | 30.2 | 151,000 | 1,490,000 | 0.104 |
| Quartix | Jim Warwick | 31 Jul 17 | 20,833 | 360 | 74,999 | 73,333 | 0.154 |
| Quartix | Ed Ralph | 31 Jul 17 | 27,778 | 360 | 100,001 | 97,573 | 0.205 |
| Quartix | Paul Boughton (ch) | 31 Jul 17 | 13,889 | 360 | 50,000 | 53,889 | 0.113 |
| SDL | Adolfo Hernandez (ceo) | 02 Aug 17 | 20,000 | 496.375 | 99,275 | 120,000 | 0.146 |
| SDL | David Clayton (ch) | 02 Aug 17 | 20,000 | 503 | 100,600 | 133,950 | 0.163 |
| SDL | Glenn Collinson | 02 Aug 17 | 10,000 | 504.61 | 50,461 | 22,000 | 0.027 |
| St James's Place | Roger Yates | 31 Jul 17 | 10,000 | 1218 | 121,800 | 20,000 | 0.004 |
| TP* | Andrew McCree (ch) | 28 Jul 17 | 153,847 | 6.5 | 10,000 | 333,847 | 0.044 |
| TP* | Dreen Stroud (cfo) | 28 Jul 17 | 153,847 | 6.5 | 10,000 | 653,847 | 0.086 |
| TP* | Jeremy Warner-Allen | 28 Jul 17 | 135,714 | 6.5 | 8,821 | 1,854,945 | 0.245 |
| TP* | Jeremy Warner-Allen | 28 Jul 17 | 769,231 | 6.5 | 50,000 | 1,719,231 | 0.227 |
| TP* | Phil Cartmell (ceo) | 28 Jul 17 | 615,385 | 6.5 | 40,000 | 3,136,105 | 0.413 |
| TP* | Phil Holland | 28 Jul 17 | 307,693 | 6.5 | 20,000 | 407,693 | 0.054 |
| TP* | Simon Kings | 28 Jul 17 | 307,693 | 6.5 | 20,000 | 1,557,693 | 0.205 |
| UBM | Warren Finegold | 28 Jul 17 | 20,000 | 703.33 | 140,666 | 20,000 | 0.005 |
| William Hill | John O'Reilly | 02 Aug 17 | 92,000 | 274.7533 | 252,773 | 92,000 | 0.011 |
| Sells | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| AdEPT Telecom | Dusko Lukic | 02 Aug 17 | 47,500 | 327.5 | 155,563 | 0 | 0.000 |
| AdEPT Telecom | Ian Fishwick (ceo) | 02 Aug 17 | 500,000 | 327.5 | 1,637,500 | 695,977 | 2.936 |
| AdEPT Telecom | Roger Wilson (ch) | 02 Aug 17 | 350,000 | 327.5 | 1,146,250 | 438,300 | 1.849 |
| Cropper (James)♥ | Isabelle Maddock (fd) | 01 Aug 17 | 644 | 1,711 | 11,019 | 7,682 | 0.081 |
| Dignity | Andrew Davies | 02 Aug 17 | 5,000 | 2570 | 128,500 | 132,254 | 0.265 |
| Dignity | Andrew Davies | 02 Aug 17 | 7,500 | 2573 | 192,975 | 124,754 | 0.250 |
| Dignity | Andrew Davies | 02 Aug 17 | 12,500 | 2,567.70 | 320,963 | 112,254 | 0.225 |
| Howden Joinery | Matthew Ingle (ce) | 31 Jul 17 | 270,000 | 427.52 | 1,154,304 | 3,003,796 | 0.479 |
| Howden Joinery | Mark Robson (cfo) | 01 Aug 17 | 5,209 | 426.25 | 22,203 | 1,189,007 | 0.189 |
| Howden Joinery♥ | Mark Robson (cfo) | 01 Aug 17 | 70,000 | 425.46 | 297,822 | 200,000 | 0.032 |
| Howden Joinery♥ | Mark Robson (cfo) | 01 Aug 17 | 80,000 | 425.04 | 340,032 | 909,007 | 0.145 |
| Howden Joinery♥ | Mark Robson (cfo) | 01 Aug 17 | 100,000 | 425.91 | 425,910 | 989,007 | 0.158 |
| Howden Joinery♥ | Mark Robson (cfo) | 01 Aug 17 | 100,000 | 426.72 | 426,720 | 1,089,007 | 0.174 |
| Howden Joinery♥ | Mark Robson (cfo) | 01 Aug 17 | 180,000 | 425.11 | 765,198 | 270,000 | 0.043 |
| Howden Joinery♥ | Mark Robson (cfo) | 01 Aug 17 | 209,007 | 425.05 | 888,384 | 450,000 | 0.072 |
| Howden Joinery♥ | Mark Robson (cfo) | 01 Aug 17 | 250,000 | 425.13 | 1,062,825 | 659,007 | 0.105 |
| Ideagen | Barney Kent | 28 Jul 17 | 245,000 | 82.5 | 202,125 | 1,772,660 | 0.894 |
| Jarvis Securities | Nick Crabb | 31 Jul 17 | 5,000 | 510 | 25,500 | 5,000 | 0.046 |
| Quartix Holdings | David Bridge (fd) | 31 Jul 17 | 62,500 | 360 | 225,000 | 2,600,500 | 5.467 |
| Workspace | Graham Clemett (cfo) | 01 Aug 17 | 20,000 | 912.6455 | 182,529 | 213,204 | 0.131 |
| Workspace♥ | Graham Clemett (cfo) | 01 Aug 17 | 30,000 | 912.6455 | 273,794 | 183,204 | 0.112 |
| Workspace♥ | Jamie Hopkins (ceo) | 01 Aug 17 | 30,000 | 912.6455 | 273,794 | 195,183 | 0.120 |
| Workspace | Jamie Hopkins (ceo) | 01 Aug 17 | 30,000 | 912.6455 | 273,794 | 225,183 | 0.138 |
| Young & Co's Brewery | Torquil Sligo-Young | 01 Aug 17 | 2,000 | 1,311 | 26,220 | 303,016 | 1.020 |
| *Placing/tender/open offer ♥Spouse/connected party | |||||||
