Alongside Clipper Logistics (CLG) full-year results, released in July, chairman Steve Parkin warned that an "element of caution" would be introduced to the group’s planning process, due to "wider forces" affecting the UK retail sector. Despite a strong pipeline of new business and recent contract wins, the less-than-optimistic tone sent the shares tumbling.
In this context, it seems chief executive Antony Mannix and chief financial officer David Hodkin are holding true to the idea of 'buy-the-dip'. Mr Mannix purchased 80,000 shares while Mr Hodkin scooped up 240,000, both at just over 318p each. These transactions of £255,000 and £764,190 respectively, were conducted through family investment companies – the usual method since Clipper went public. A spokesperson for the company said the purchases reflect managements’ "ongoing confidence" in the business. Mr Mannix now owns 0.93 per cent of Clipper’s outstanding shares, while Mr Hodkin owns 1.1 per cent.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
Alliance Trust | Christopher Samuel | 26 Jul 18 | 20,000 | 768.9 | 153,780 | 40,265 | 0.012 |
APC Technology* | Anthony Lochery | 26 Jul 18 | 1,481,481 | 6.75 | 100,000 | 3,603,703 | 2.003 |
APC Technology* | Richard Hodgson (ceo) | 26 Jul 18 | 300,000 | 6.75 | 20,250 | 2,300,000 | 1.279 |
Avon Rubber | Nick Keveth (fd) | 26 Jul 18 | 1,383 | 1,444.64 | 19,979 | 6,147 | 0.020 |
Avon Rubber | Chloe Ponsonby | 26 Jul 18 | 1,400 | 1,445 | 20,230 | 3,400 | 0.011 |
CentralNic* | Donald Baladasan (cfo) | 01 Aug 18 | 86,538 | 52 | 45,000 | 159,455 | 0.093 |
CentralNic* | Iain McDonald | 01 Aug 18 | 96,153 | 52 | 50,000 | 96,153 | 0.056 |
Ceres Power* | Aidan Hughes | 27 Jul 18 | 265,200 | 15.08 | 39,992 | 265,200 | 0.021 |
Ceres Power*♥ | Alan Aubrey (ch) | 27 Jul 18 | 26,525,100 | 15.08 | 3,999,985 | 284,063,394 | 22.226 |
Clipper Logistics♥ | Antony Mannix (ceo) | 30 Jul 18 | 80,000 | 318.4127 | 254,730 | 946,786 | 0.933 |
Clipper Logistics♥ | David Hodkin (cfo) | 30 Jul 18 | 240,000 | 318.4127 | 764,190 | 1,113,196 | 1.097 |
Deltex Medical | Nigel Keen (ch) | 26 Jul 18 | 6,000,000 | 0.8417 | 50,502 | 48,223,410 | 9.788 |
Deltex Medical | Andrew Mears (ceo) | 27 Jul 18 | 2,234,222 | 0.89 | 19,885 | 2,781,808 | 0.565 |
Equiniti | Tim Miller | 27 Jul 18 | 25,000 | 232.68 | 58,170 | 95,798 | 0.026 |
Equiniti | Guy Wakeley (ceo) | 27 Jul 18 | 25,000 | 232.68 | 58,170 | 1,145,619 | 0.314 |
Equiniti | John Stier (cfo) | 27 Jul 18 | 10,000 | 232.68 | 23,268 | 333,828 | 0.092 |
Equiniti | Philip Yea (ch) | 27 Jul 18 | 63,000 | 237.63 | 149,707 | 148,000 | 0.041 |
Findel | Stuart Caldwell (cfo) | 26 Jul 18 | 16,636 | 299 | 49,742 | 24,820 | 0.029 |
Ilika | Michael Inglis (ch) | 30 Jul 18 | 250,000 | 20 | 50,000 | 365,000 | 0.362 |
Ilika | Graeme Purdy (ceo) | 30 Jul 18 | 125,000 | 20 | 25,000 | 734,427 | 0.729 |
Ilika | Keith Jackson | 30 Jul 18 | 50,000 | 20 | 10,000 | 70,000 | 0.070 |
Infrastructure India | Timothy Walker | 31 Jul 18 | 500,000 | 3.4 | 17,000 | 981,667 | 0.144 |
Infrastructure India | Sonny Lulla (ceo) | 31 Jul 18 | 500,000 | 3.9 | 19,500 | 1,500,000 | 0.221 |
Judges Scientific | Charles Holroyd | 26 Jul 18 | 806 | 2,480 | 19,989 | 1,217 | 0.020 |
Judges Scientific | Charles Holroyd | 26 Jul 18 | 799 | 2,500 | 19,975 | 2,016 | 0.033 |
Just Eat | Michael Evans | 31 Jul 18 | 6,238 | 801.491 | 49,997 | 6,238 | 0.001 |
Luceco | John Barton | 30 Jul 18 | 61,538 | 34.75 | 21,384 | 100,000 | 0.062 |
Luceco | Tim Surridge | 30 Jul 18 | 50,000 | 34.75 | 17,375 | 69,231 | 0.043 |
Luceco | Giles Brand (ch) | 01 Aug 18 | 622,919 | 39.74 | 247,548 | 9,466,919 | 5.887 |
Luceco | John Hornby (ceo) | 01 Aug 18 | 1,000,000 | 39.74 | 397,400 | 32,396,514 | 20.147 |
MaxCyte♥ | John Johnston | 26 Jul 18 | 11,500 | 240 | 27,600 | 86,500 | 0.170 |
OptiBiotix Health | Neil Davidson (ch) | 30 Jul 18 | 103,000 | 98.6 | 101,558 | 478,000 | 0.567 |
Park Group | Martin Stewart (fd) | 27 Jul 18 | 25,000 | 69 | 17,250 | 1,239,600 | 0.667 |
Polar Capital | Alexa Coates | 31 Jul 18 | 2,000 | 674 | 13,480 | 2,000 | 0.002 |
Proteome Sciences | Martin Diggle | 27 Jul 18 | 525,000 | 3.49 | 18,323 | 55,913,431 | 18.942 |
Proteome Sciences♥ | Martin Diggle | 01 Aug 18 | 328,000 | 3.5 | 11,480 | 56,359,431 | 19.093 |
PZ Cussons | Caroline Silver (ch) | 26 Jul 18 | 10,000 | 220 | 22,000 | 30,000 | 0.007 |
PZ Cussons | Brandon Leigh (cfo) | 30 Jul 18 | 11,000 | 232.1 | 25,531 | 156,917 | 0.037 |
Swallowfield | Roger McDowell | 27 Jul 18 | 8,666 | 270 | 23,398 | 389,105 | 2.271 |
VPC Specialty Lending Investments♥ | Richard Levy | 01 Aug 18 | 66,609 | 83 | 55,285 | 3,080,438 | 0.843 |
W Resources♥ | Michael Masterman (ch) | 27 Jul 18 | 5,500,000 | 0.435 | 23,925 | 1,086,565,648 | 19.835 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
4imprint | Andrew Scull | 31 Jul 18 | 10,806 | 2,013.30 | 217,557 | 59,194 | 0.211 |
4imprint♥ | Andrew Scull | 31 Jul 18 | 9,194 | 2,013.30 | 185,103 | 50,000 | 0.178 |
Actual Experience | Robin Young | 26 Jul 18 | 3,600 | 260 | 9,360 | 2,600 | 0.006 |
Actual Experience | Robin Young | 26 Jul 18 | 1,000 | 270 | 2,700 | 6,200 | 0.014 |
Blue Prism | Alastair Bathgate (ceo) | 26 Jul 18 | 410,000 | 1,844 | 7,560,400 | 4,653,224 | 6.966 |
Halma | Jennifer Ward | 26 Jul 18 | 1,134 | 1,386.39 | 15,722 | 16,193 | 0.004 |
Halma | Adam Meyers | 26 Jul 18 | 3,406 | 1,386.39 | 47,220 | 340,480 | 0.090 |
Halma | Jennifer Ward | 31 Jul 18 | 7,556 | 1,403.78 | 106,070 | 23,749 | 0.006 |
Halma | Adam Meyers | 31 Jul 18 | 23,908 | 1,403.78 | 335,616 | 343,480 | 0.090 |
Halma | Andrew Williams (ceo) | 31 Jul 18 | 41,402 | 1,403.78 | 581,193 | 608,646 | 0.160 |
Independent Investment Trust (The) | Douglas McDougall (ch) | 01 Aug 18 | 25,000 | 761.2 | 190,300 | 7,999,500 | 14.421 |
*Placing/tender/open offer ♥Spouse/connected party |