We noted in February that Dixons’ (DC.) chief executive Seb James and chief financial officer Humphrey Singer had offloaded a chunk of shares in the electricals retailer to the tune of £951,300 and £630,000 respectively. Now it seems, with annual results put to bed, deputy chief executive Andrew Harrison has also chosen to garner close to £2.8m via the sale of 1m shares earlier in July.
As consumer spending starts to feel the squeeze in the UK in light of price inflation and slow wage growth, the fortunes for companies such as Dixons Carphone look more precarious. At the moment, however, the company appears to be benefiting from a natural hedge against the weak pound via its European operations, allowing for a 47 per cent improvement in pre-tax profit last time around.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Apax Global Alpha | Chris Ambler | 11 Jul 17 | 6,553 | 152.588 | 9,999 | 6,553 | 0.001 |
CAP-XX* | Bruce Grey | 7 Jul 17 | 150,611 | 8.724 | 13,139 | 4,069,665 | 1.366 |
CAP-XX* | Patrick Elliott (ch) | 7 Jul 17 | 150,611 | 8.724 | 13,139 | 5,897,847 | 1.979 |
Chaarat Gold | Martin Wiwen-Nilsson | 12 Jul 17 | 30,000 | 18.5 | 5,550 | 9,842,857 | 2.798 |
Christie | David Rugg (ce) | 10 Jul 17 | 9,835 | 91.5 | 8,999 | 2,827,844 | 10.660 |
Concha | Chris Akers (ch) | 6 Jul 17 | 1,000,000 | 0.174 | 1,740 | 1,000,000 | 0.062 |
Concha | Chris Akers (ch) | 6 Jul 17 | 1,000,000 | 0.1799 | 1,799 | 2,000,000 | 0.123 |
Concha | Chris Akers (ch) | 6 Jul 17 | 1,000,000 | 0.19 | 1,900 | 3,000,000 | 0.185 |
Concha | Chris Akers (ch) | 6 Jul 17 | 2,000,000 | 0.2 | 4,000 | 5,000,000 | 0.308 |
Diageo | J Ferrán (ch) | 10 Jul 17 | 362 | 2285 | 8,272 | 33,685 | 0.001 |
Dunelm | John Browett (ceo) | 12 Jul 17 | 9,098 | 546.5 | 49,721 | 64,128 | 0.032 |
Fenner | Michael Ducey | 12 Jul 17 | 58,150 | 335 | 194,803 | 86,450 | 0.045 |
Fenner | Christopher Surch | 12 Jul 17 | 5,945 | 334 | 19,856 | 12,773 | 0.007 |
GLI Finance | John Whittle | 10 Jul 17 | 76,800 | 12.95 | 9,946 | 104,550 | 0.034 |
Hogg Robinson | Paul Williams | 10 Jul 17 | 25,000 | 69.75 | 17,438 | 185,000 | 0.057 |
Kodal Minerals | Robert Wooldridge (ch) | 6 Jul 17 | 26,520,195 | 0.2825 | 74,920 | 76,938,144 | 1.230 |
Norman Broadbent | Mike Brennan (ceo) | 6 Jul 17 | 25,000 | 13.5 | 3,375 | 666,315 | 1.600 |
Northgate | Claire Miles | 11 Jul 17 | 5,000 | 427.59 | 21,380 | 5,000 | 0.004 |
Phoenix Global Mining | Dennis Thomas (ceo) | 12 Jul 17 | 250,000 | 3.66 | 9,150 | 10,651,870 | 4.636 |
Produce Investments | Robert Johnston | 7 Jul 17 | 10,000 | 182.5 | 18,250 | 30,000 | 0.111 |
Rolls-Royce | Ian Davis (ch) | 7 Jul 17 | 215 | 919 | 1,976 | 44,102 | 0.002 |
Rolls-Royce | Ruth Cairnie | 7 Jul 17 | 211 | 919 | 1,939 | 12,899 | 0.001 |
Rolls-Royce | Frank Chapman | 7 Jul 17 | 431 | 919 | 3,961 | 25,361 | 0.001 |
Rolls-Royce | Kevin Smith | 7 Jul 17 | 287 | 919 | 2,638 | 22,888 | 0.001 |
SDX Energy | David Richards | 10 Jul 17 | 5,469 | 45.97109 | 2,514 | 953,000 | 0.510 |
SDX Energy | David Richards | 11 Jul 17 | 7,000 | 42.90635 | 3,003 | 960,000 | 0.514 |
SDX Energy | Paul Welch (ceo) | 12 Jul 17 | 35,000 | 45 | 15,750 | 659,247 | 0.353 |
SDX Energy | Paul Welch (ceo) | 12 Jul 17 | 50,000 | 44.7 | 22,350 | 624,247 | 0.334 |
Safestay | Michael Hirst | 10 Jul 17 | 50,000 | 52 | 26,000 | 50,000 | 0.146 |
Schroder Oriental Income Fund | Fergus Dunlop | 12 Jul 17 | 12,142 | 251.2 | 30,501 | 12,143 | 0.005 |
Sound Energy | James Parsons (ceo) | 6 Jul 17 | 53,158 | 47.02 | 24,995 | 1,721,187 | 0.236 |
Sound Energy♥ | Marco Fumagalli | 6 Jul 17 | 200,000 | 49.581 | 99,162 | 67,217,162 | 9.215 |
Sound Energy♥ | Marco Fumagalli | 7 Jul 17 | 200,000 | 51.308 | 102,616 | 67,417,162 | 9.243 |
Tatton Asset Management | Lothar Mentel | 6 Jul 17 | 65,614 | 156 | 102,358 | 463,419 | 0.829 |
Tharisa | Antonis Djakouris | 7 Jul 17 | 43,250 | 83.644 | 36,176 | 43,250 | 0.017 |
UIL | David Shillson | 10 Jul 17 | 4,593 | 172 | 7,900 | 50,838 | 0.056 |
UIL | Warren McLeland | 10 Jul 17 | 4,593 | 172 | 7,900 | 38,227 | 0.042 |
UIL | Alison Hill | 10 Jul 17 | 4,593 | 172 | 7,900 | 14,348 | 0.016 |
VPC Specialty Lending Investments♥ | Richard Levy | 6 Jul 17 | 71,916 | 82.75 | 59,510 | 1,652,558 | 0.439 |
Victoria Oil & Gas | Ahmet Dik (ceo) | 10 Jul 17 | 9,220 | 55.47 | 5,114 | 938,749 | 0.849 |
Victoria Oil & Gas | Ahmet Dik (ceo) | 11 Jul 17 | 10,000 | 56.25 | 5,625 | 948,749 | 0.858 |
Victoria Oil & Gas | Andrew Diamond (fd) | 6 Jul 17 | 8,800 | 56.5 | 4,972 | 12,800 | 0.012 |
Victoria Oil & Gas♥ | Kevin Foo (ch) | 7 Jul 17 | 25,000 | 54.3 | 13,575 | 2,257,638 | 2.042 |
Zenith Energy | Andrea Cattaneo (ceo) | 6 Jul 17 | 100,000 | 8.25 | 8,250 | 2,047,485 | 1.756 |
Zenith Energy | Andrea Cattaneo (ceo) | 6 Jul 17 | 100,000 | 8.719 | 8,719 | 2,147,485 | 1.842 |
Zenith Energy | Andrea Cattaneo (ceo) | 7 Jul 17 | 100,000 | 8.85 | 8,850 | 2,247,485 | 1.911 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Dixons Carphone | Andrew Harrison | 10 Jul 17 | 1,000,000 | 278 | 2,780,000 | 4,281,745 | 0.371 |
*Placing/tender/open offer ♥Spouse/connected party |