Reckitt Benckiser (RB.) is in the process of repositioning itself as a consumer health and hygiene group after selling its food business to US company McCormick for $4.2bn (£3.2bn). But it hasn’t been an entirely smooth transition. A cyber attack hit the company earlier this year, and recent weak trading patterns mean full-year sales are expected to fall flat on last year. It hasn't helped that sales from the recently acquired Mead Johnson nutrition business could decline by as much as 2 per cent year on year.
IC TIP:
Buy
at
6,548p
All this bad news has sent Reckitt Benckiser’s share price falling in recent weeks, which could be why non-executive director Christopher Sinclair thought it was a good time to top up his shareholding. The £184,730 purchase brought his total stake in the company up to 3,246 shares, or 0.0005 per cent.
| Buys | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| 1pm | John Newman (ch) | 27 Oct 17 | 30,000 | 48 | 14,400 | 127,167 | 0.148 |
| 1pm | Ron Russell | 26 Oct 17 | 200,000 | 47.4 | 94,800 | 10,556,872 | 12.261 |
| Amerisur Resources | Dana Coffield | 30 Oct 17 | 151,000 | 19.77 | 29,853 | 151,000 | 0.012 |
| Applied Graphene Materials* | Brian Dobson (ch) | 31 Oct 17 | 11,111 | 36 | 4,000 | 134,316 | 0.272 |
| Applied Graphene Materials* | Gareth Jones | 31 Oct 17 | 11,111 | 36 | 4,000 | 25,611 | 0.052 |
| Applied Graphene Materials* | Jon Mabbitt (ceo) | 31 Oct 17 | 2,778 | 36 | 1,000 | 124,513 | 0.252 |
| Applied Graphene Materials* | Mike Townend | 31 Oct 17 | 15,000 | 36 | 5,400 | 22,619 | 0.046 |
| Applied Graphene Materials* | Sean Christie | 31 Oct 17 | 27,778 | 36 | 10,000 | 35,397 | 0.072 |
| Applied Graphene Materials* | Karl Coleman | 31 Oct 17 | 55,556 | 36 | 20,000 | 1,779,682 | 3.600 |
| Barclays | Ian Cheshire | 27 Oct 17 | 30,000 | 183.401 | 55,020 | 82,851 | 0.000 |
| Baronsmead Second Venture Trust* | Ian Orrock | 31 Oct 17 | 10,245 | 97.6 | 9,999 | 51,675 | 0.024 |
| Baronsmead Second Venture Trust* | Anthony Townsend (ch) | 31 Oct 17 | 20,491 | 97.6 | 19,999 | 197,935 | 0.094 |
| Baronsmead Second Venture Trust* | John Davies | 31 Oct 17 | 20,491 | 97.6 | 19,999 | 20,491 | 0.010 |
| Baronsmead Second Venture Trust* | Malcolm Groat | 31 Oct 17 | 43,032 | 97.6 | 41,999 | 80,458 | 0.038 |
| Baronsmead Venture Trust* | Les Gabb | 31 Oct 17 | 10,548 | 94.8 | 10,000 | 35,867 | 0.019 |
| Baronsmead Venture Trust* | Peter Lawrence (ch) | 31 Oct 17 | 84,388 | 94.8 | 80,000 | 757,136 | 0.394 |
| Baronsmead Venture Trust*♥ | Peter Lawrence (ch) | 31 Oct 17 | 84,388 | 94.8 | 80,000 | 841,524 | 0.438 |
| Baronsmead Venture Trust*♥ | Peter Lawrence (ch) | 31 Oct 17 | 84,388 | 94.8 | 80,000 | 925,912 | 0.482 |
| Baronsmead Venture Trust* | Valerie Marshall | 31 Oct 17 | 8,438 | 94.8 | 7,999 | 62,204 | 0.032 |
| Baronsmead Venture Trust* | Christina McComb | 31 Oct 17 | 10,548 | 94.8 | 10,000 | 45,406 | 0.024 |
| Baronsmead Venture Trust*♥ | Christina McComb | 31 Oct 17 | 15,822 | 94.8 | 14,999 | 61,228 | 0.032 |
| Blue Star Capital* | Tony Fabrizi (ceo) | 27 Oct 17 | 5,000,000 | 0.3 | 15,000 | 30,000,000 | 1.594 |
| CPPGroup | Mark Hamlin | 27 Oct 17 | 240,963 | 12.45 | 30,000 | 740,963 | 0.087 |
| CPPGroup | Richard Lapthorne (ch) | 01 Nov 17 | 3,000,000 | 12.5 | 375,000 | 4,200,000 | 0.491 |
| ConvaTec | Frank Schulkes (cfo) | 30 Oct 17 | 50,000 | 201.4399 | 100,720 | 50,000 | 0.003 |
| ConvaTec | Frank Schulkes (cfo) | 31 Oct 17 | 50,000 | 195.9335 | 97,967 | 100,000 | 0.005 |
| Dialight | Michael Sutsko (ceo) | 30 Oct 17 | 1,500 | 637.15 | 9,557 | 6,169 | 0.019 |
| Dialight | Michael Sutsko (ceo) | 31 Oct 17 | 2,100 | 640 | 13,440 | 8,269 | 0.025 |
| Dialight | Michael Sutsko (ceo) | 01 Nov 17 | 3,220 | 660 | 21,252 | 11,489 | 0.035 |
| Dixons Carphone♥ | Jock Lennox | 27 Oct 17 | 11,000 | 178 | 19,580 | 22,625 | 0.002 |
| Eagle Eye Solutions | Bill Currie | 26 Oct 17 | 250,000 | 208.5 | 521,250 | 3,263,322 | 12.839 |
| Eagle Eye Solutions | Lucy Sharman-Munday (cfo) | 26 Oct 17 | 4,750 | 208 | 9,880 | 24,750 | 0.097 |
| Impax Environmental Markets | John Scott (ch) | 26 Oct 17 | 38,925 | 254 | 98,870 | 84,012 | 0.047 |
| Keywords Studios* | David Reeves | 27 Oct 17 | 1,071 | 1,400 | 14,994 | 32,400 | 0.053 |
| Keywords Studios* | George Fornay | 27 Oct 17 | 3,142 | 1,400 | 43,988 | 3,142 | 0.005 |
| Keywords Studios* | Charlotta Ginman | 27 Oct 17 | 1,071 | 1,400 | 14,994 | 1,071 | 0.002 |
| Miton | David Barron | 30 Oct 17 | 270,000 | 40.75 | 110,025 | 555,276 | 0.307 |
| President Energy* | Jorge Bongiovanni | 26 Oct 17 | 76,179 | 10 | 7,618 | 76,179 | 0.007 |
| President Energy* | Miles Biggins | 26 Oct 17 | 76,179 | 10 | 7,618 | 437,238 | 0.043 |
| President Energy* | Rob Shepherd | 26 Oct 17 | 300,000 | 10 | 30,000 | 309,144 | 0.030 |
| Primorus Investments | Donald Strang | 26 Oct 17 | 2,276,765 | 0.22 | 5,009 | 7,850,000 | 0.342 |
| Randall & Quilter Investment* | Alan Quilter | 31 Oct 17 | 500,000 | 129 | 645,000 | 3,766,456 | 2.992 |
| Randall & Quilter Investment* | Ken Randall (ch & ceo) | 31 Oct 17 | 1,550,387 | 129 | 1,999,999 | 14,255,651 | 11.325 |
| Randall & Quilter Investment* | Tom Booth (cfo) | 31 Oct 17 | 77,519 | 129 | 100,000 | 1,508,845 | 1.199 |
| Reckitt Benckiser | Christopher Sinclair | 01 Nov 17 | 2,800 | 6,597.50 | 184,730 | 3,246 | 0.000 |
| VPC Specialty Lending Investments♥ | Richard Levy | 27 Oct 17 | 73,841 | 78 | 57,596 | 1,947,822 | 0.523 |
| Velocity Composites | Mark Mills (ch) | 01 Nov 17 | 58,824 | 85 | 50,000 | 1,884,024 | 5.263 |
| Sells | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| ASOS | Nick Robertson | 26 Oct 17 | 150,000 | 5,662 | 8,493,000 | 5,046,414 | 6.034 |
| Berkeley Group | Anthony Pidgley (ch) | 26 Oct 17 | 750,000 | 3,850 | 28,875,000 | 4,662,096 | 3.452 |
| Berkeley Group | Robert Perrins | 26 Oct 17 | 500,000 | 3,850 | 19,250,000 | 1,280,158 | 0.948 |
| Brooks Macdonald♥ | Andrew Shepherd | 31 Oct 17 | 1,000 | 1,955.18 | 19,552 | 48,153 | 0.349 |
| Brooks Macdonald | Nick Holmes | 31 Oct 17 | 2,000 | 1,955.18 | 39,104 | 61,293 | 0.444 |
| Brooks Macdonald♥ | Nick Holmes | 31 Oct 17 | 4,000 | 1,955.18 | 78,207 | 57,293 | 0.415 |
| Brooks Macdonald♥ | Simon Jackson (fd) | 31 Oct 17 | 11,847 | 1,955.18 | 231,630 | 8,907 | 0.065 |
| EVR* | Anthony Matchett (ceo) | 27 Oct 17 | 31,250,000 | 8 | 2,500,000 | 184,107,796 | 15.904 |
| EVR* | Steven Hancock | 27 Oct 17 | 31,250,000 | 8 | 2,500,000 | 146,509,136 | 12.656 |
| Ideagen♥ | Jonathan Wearing (ch) | 31 Oct 17 | 100,000 | 79 | 79,000 | 4,339,066 | 2.169 |
| Mucklow (A & J) | Justin Parker | 31 Oct 17 | 4,121 | 495 | 20,399 | 77,509 | 0.122 |
| * placing/tender/open offer ♥ spouse/connected party | |||||||
