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Softcat director spends over £1m

Non-executive director Vinodka Murria made two purchases over two consecutive days
August 2, 2017

It should inspire some confidence in Softcat’s (SCT) shareholders that non-executive director Vinodka Murria bought £1m worth of shares in the company on 20 July. In fact, this purchase of 259,230 shares was the larger of two transactions made by Ms Murria over two consecutive days. On 19 July, she paid £24,175 for 6,167 shares. Ms Murria now holds a 0.15 per cent stake in the company, which provides IT infrastructure products and services.

IC TIP: Buy at 401p

Since its third-quarter trading update in May, Softcat’s share price has fallen by about 7 per cent – driven perhaps by the announcement of chief executive Martin Hellawell’s departure after 11 years in charge. Otherwise, management confirmed that trading was in in line with expectations. A “strong result” is expected for the full year, implying Ms Murria may have bought in at a relatively bargainous price.

Buys       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Aberdeen New Dawn Investment Trust Marion Sears25 Jul 1720,000229.445,88035,0000.030
Access Intelligence* Joanna Arnold (ceo)21 Jul 17615,3853.2520,0005,615,3851.760
Access Intelligence* Michael Jackson (ch)21 Jul 176,153,8463.25200,00035,252,80711.051
Barr (A G) John Nicolson (ch)25 Jul 176,00059835,88011,5000.010
Barr (A G) Pamela Powell24 Jul 175,00059729,8505,0000.004
Belvoir Lettings* Dorian Gonsalves (ceo)21 Jul 1715,00010015,000463,5951.327
Belvoir Lettings Andrew Borkowski24 Jul 179,210106.66999,82433,7540.097
Belvoir Lettings* Louise George (fd)21 Jul 1710,00010010,00045,1070.129
Better Capital  Jonathan Moulton21 Jul 171,300,00033.04429,5205,464,99515.498
Biome Technologies John Standen (ch)25 Jul 171,2502072,58850,0862.134
Biome Technologies♥ John Standen (ch)25 Jul 171,2502072,58851,3362.187
Biome Technologies Paul Mines (ceo)25 Jul 171,243201.00562,49821,8850.932
Capital & Counties Properties Situl Jobanputra (cfo)25 Jul 1737,500296.1085111,04150,0000.006
Collagen Solutions David Evans (ch)25 Jul 17900,0005.145,90039,394,55412.148
Eagle Eye Solutions♥  Tim Mason (ceo)20 Jul 175,00023611,800183,7970.725
Eagle Eye Solutions♥  Tim Mason (ceo)20 Jul 175,000238.2811,914201,2970.795
Eagle Eye Solutions♥  Tim Mason (ceo)20 Jul 1712,50023829,750196,2970.775
Eagle Eye Solutions♥  Tim Mason (ceo)20 Jul 1717,500238.6241,759218,7970.864
Eagle Eye Solutions♥  Tim Mason (ceo)21 Jul 1723,04225057,605241,8390.955
FIH  Robert Johnston24 Jul 173,0002908,7003,599,55328.955
Falanx  Mike Read (ch)20 Jul 17250,0006.115,2502,227,2731.423
FirstGroupMartha Poulter21 Jul 1760,000116.876170,12660,0000.005
Mothercare Mark Newton-Jones (ceo)21 Jul 1795,000105.2299,959383,9720.225
NMC Health Jonathan Bomford20 Jul 171,000225422,54018,0000.009
Proxama* Dan Francis26 Jul 1783,333,3330.0325,00083,333,3330.606
Proxama* John Kennedy (ceo & cfo)26 Jul 1783,333,3330.0325,00084,133,3330.612
Proxama* Mark Slade26 Jul 17100,000,0000.0330,000100,000,0000.727
Proxama* Kelvin Harrison (ch)26 Jul 1766,666,6660.0320,00066,666,6660.485
Proxama* Shaun Gregory26 Jul 17166,666,6660.0350,000166,666,6661.212
QinetiQ  James Burnell-Nugent 21 Jul 174,148241.039,99815,5670.003
QinetiQ  Mark Elliott (ch)21 Jul 171,000310.53,105130,0000.023
QinetiQ  Mark Elliott (ch)21 Jul 172,000309.56,190127,0000.022
QinetiQ  Mark Elliott (ch)21 Jul 172,0003106,200129,0000.023
QinetiQ  Mark Elliott (ch)21 Jul 176,90031321,597145,0000.026
QinetiQ  Mark Elliott (ch)21 Jul 178,10031225,272138,1000.024
QinetiQ  David Smith (cfo)26 Jul 1712,382240.4629,77429,7980.005
QinetiQ  Michael Harper21 Jul 175,00024112,05035,0000.006
QinetiQ  Paul Murray25 Jul 178,272240.4119,88783,2140.015
QinetiQ  Steve Wadey (ceo)24 Jul 1715,000236.781335,51752,0690.009
RM♥ Andy Blundell24 Jul 175,000173.18,6555,0000.006
Ranger Direct Lending Fund♥ K Canon25 Jul 171,0008158,1504,0000.025
SDX Energy David Mitchell26 Jul 1710,00044.132254,4131,645,1100.880
Softcat Vinodka Murria20 Jul 17259,230390.41,012,034295,3970.149
Syncona Ellen Strahlman 21 Jul 17879172.371,51524,8440.004
Syncona Ellen Strahlman 21 Jul 1710,564171.918,16010,5640.002
Syncona Ellen Strahlman 21 Jul 1713,041172.3722,47923,9650.004
Syncona Ellen Strahlman 25 Jul 17887171.041,51725,7310.004
Tarsus  Douglas Emslie 26 Jul 173,40230310,3081,378,9891.220
Virgin Money Jayne-Anne Gadhia (ceo)25 Jul 1735,365280.6599,2522,016,5580.453
Volga Gas Andrey Zozulya (ceo)24 Jul 17170,00058.2599,025270,0000.333
Sells       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Beazley George Blunden24 Jul 175,00050125,05045,0000.009
Belvoir Lettings* Mike Goddard (ch)21 Jul 171,700,0001001,700,0005,571,92115.948
Fevertree Drinks Tim Warrillow (ceo)25 Jul 171,500,000192528,875,0006,184,3525.366
Fevertree Drinks Bill Ronald (ch)25 Jul 1750,00020831,041,500392,7710.341
Gamma Communications Andrew Stone20 Jul 1715,000651.333397,700685,5000.735
Gamma Communications Andrew Stone24 Jul 174,50065329,385681,0000.730
Judges Scientific David Barnbrook20 Jul 174,000185574,20014,2790.233
        
*Placing/tender/open offer ♥Spouse/connected party