Dart Group (DTG) has been quick to snap up some of the excess capacity left over in the European air travel market by the now-collapsed Monarch airlines. It increased seat capacity by 45 per cent to 11.3m during the year to March. So far the load factor, or the proportion of seats filled, has managed to keep up, increasing from 91.5 per cent in FY2017 to 92.2 per cent. But the European market is a tricky one, and "very competitive pricing" meant average airline ticket yields fell 15 per cent to £73.65.
Still, the market was encouraged by the full-year results, sending the shares up to near record highs of around 1,030p. Executive chairman Philip Meeson sold 500,000 ordinary shares at 912p apiece. A spokesperson for Dart said the £4.56m transaction was done to meet “personal financial commitments”, while Mr Meeson still owns just over 55.7m shares, around 37.5 per cent of issued share capital.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
3i♥ | Simon Thompson (ch) | 25 Jul 18 | 7,382 | 941.14 | 69,475 | 55,940 | 0.006 |
3i | Peter Grosch | 25 Jul 18 | 1,581 | 941.14 | 14,879 | 8,830 | 0.001 |
3i | David Hutchison | 25 Jul 18 | 1,581 | 941.14 | 14,879 | 64,547 | 0.007 |
3i | Jonathan Asquith | 25 Jul 18 | 1,581 | 941.14 | 14,879 | 47,582 | 0.005 |
3i | Stephen Daintith | 25 Jul 18 | 1,581 | 941.14 | 14,879 | 5,822 | 0.001 |
3i | Caroline Banszky | 25 Jul 18 | 1,581 | 941.14 | 14,879 | 17,576 | 0.002 |
Ascential | Duncan Painter (ceo) | 25 Jul 18 | 41,538 | 428.2602 | 177,891 | 3,592,558 | 0.897 |
Babcock International | Victoire De Margerie | 19 Jul 18 | 1,800 | 711.49 | 12,807 | 4,800 | 0.001 |
Babcock International | Kjersti Wiklund | 19 Jul 18 | 2,100 | 717.178 | 15,061 | 2,100 | 0.000 |
Babcock International | Myles Lee | 19 Jul 18 | 2,500 | 728.21 | 18,205 | 12,500 | 0.002 |
Babcock International | Michael Turner (ch) | 19 Jul 18 | 15,000 | 736.49 | 110,474 | 99,884 | 0.020 |
Barratt Developments | Richard Akers | 19 Jul 18 | 10,000 | 525.12 | 52,512 | 60,000 | 0.006 |
Beazley | Robert Stuchbery | 20 Jul 18 | 9,500 | 528.1 | 50,170 | 62,500 | 0.012 |
Better Capital PCC | Jonathan Moulton | 24 Jul 18 | 500,000 | 30.125 | 150,625 | 11,489,995 | 32.584 |
BTG | Anne Thorburn | 23 Jul 18 | 15,000 | 499.81 | 74,972 | 15,000 | 0.004 |
Cloudcall | Gary Browning | 19 Jul 18 | 15,000 | 140 | 21,000 | 65,000 | 0.269 |
Dunelm | Nick Wilkinson (ceo) | 20 Jul 18 | 48,876 | 508.95 | 248,754 | 87,731 | 0.043 |
ECSC | David Mathewson (ch) | 25 Jul 18 | 5,000 | 88 | 4,400 | 21,411 | 0.235 |
ECSC | David Mathewson (ch) | 25 Jul 18 | 3,589 | 95 | 3,410 | 25,000 | 0.275 |
Future | Alan Newman | 20 Jul 18 | 5,000 | 494.9 | 24,745 | 5,000 | 0.011 |
Hansard Global | Leonard Polonsky | 20 Jul 18 | 100,000 | 60.8 | 60,800 | 50,825,000 | 36.977 |
Hansard Global | Leonard Polonsky | 19 Jul 18 | 100,000 | 62.1 | 62,100 | 50,725,000 | 36.904 |
Hansard Global | Leonard Polonsky | 24 Jul 18 | 100,000 | 62.7 | 62,700 | 50,925,000 | 37.050 |
Helical | Michael O'Donnell | 19 Jul 18 | 33,500 | 348.5 | 116,748 | 67,000 | 0.056 |
Henderson European Focus Trust | Alain Dromer | 23 Jul 18 | 2,300 | 1,249 | 28,727 | 4,500 | 0.021 |
Infrastrata | Graham Lyon (ch) | 24 Jul 18 | 1,889,345 | 0.535 | 10,108 | 5,889,345 | 0.570 |
JPMorgan Japan Smaller Companies Trust | Robert White | 24 Jul 18 | 10,000 | 438.19 | 43,819 | 35,200 | 0.064 |
Maistro | Ian Cleverly | 23 Jul 18 | 250,000 | 4 | 10,000 | 250,000 | 0.141 |
Maistro | Laurence Cook | 23 Jul 18 | 250,000 | 4 | 10,000 | 250,000 | 0.141 |
New Century AIM VCT | Michael Barnard | 23 Jul 18 | 3,000 | 77 | 2,310 | 1,889,318 | 24.034 |
NewRiver REIT | Kay Chaldecott | 20 Jul 18 | 35,671 | 279 | 99,522 | 1,818,821 | 0.600 |
Nostrum Oil & Gas♥ | Simon Byrne | 19 Jul 18 | 20,000 | 182.2861 | 36,457 | 25,000 | 0.013 |
Oxford BioMedica | Lorenzo Tallarigo (ch) | 23 Jul 18 | 306 | 867 | 2,653 | 46,187 | 0.070 |
PCF | Timothy Franklin | 25 Jul 18 | 7,363 | 33.95 | 2,500 | 90,173 | 0.042 |
Plastics Capital♥ | Keith Butler-Wheelhouse | 25 Jul 18 | 25,000 | 114 | 28,500 | 314,798 | 0.807 |
Proteome Sciences | Martin Diggle | 25 Jul 18 | 171,000 | 2.85 | 4,874 | 55,388,431 | 18.764 |
Safestyle UK | Alan Lovell | 20 Jul 18 | 100,000 | 35.7 | 35,700 | 100,000 | 0.121 |
Smart Metering Systems | Miriam Greenwood | 19 Jul 18 | 483 | 674.83 | 3,259 | 16,655 | 0.015 |
Staffline | John Crabtree (ch) | 25 Jul 18 | 2,375 | 1054 | 25,032 | 25,305 | 0.091 |
Urban Logistics REIT | Bruce Anderson | 24 Jul 18 | 8,163 | 122.5 | 10,000 | 45,554 | 0.053 |
Victrex | Jakob Sigurdsson | 25 Jul 18 | 3,250 | 3,072.50 | 99,856 | 3,250 | 0.004 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Dart | Philip Meeson (ch) | 25 Jul 18 | 500,000 | 912.1638 | 4,560,819 | 55,740,000 | 37.510 |
Independent Investment Trust (The) | Douglas McDougall (ch) | 25 Jul 18 | 25,000 | 770 | 192,500 | 8,024,500 | 14.466 |
Obtala | Miles Pelham (ch) | 19 Jul 18 | 1,200,000 | 7.85 | 94,200 | 9,007,754 | 2.732 |
Polar Capital Technology Trust | Peter Hames | 23 Jul 18 | 4,000 | 1,306 | 52,240 | 6,000 | 0.004 |
Record | James Wood-Collins (ceo) | 24 Jul 18 | 250,000 | 40.7 | 101,750 | 2,543,923 | 1.278 |
Severfield | Derek Randall | 20 Jul 18 | 141,736 | 82.2 | 116,507 | 469,214 | 0.154 |
* placing/tender/open offer ♥ spouse/connected party |