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Computacenter chair tops up

Gregory Lock bolstered his shareholding shortly after the group’s third-quarter trading update
November 22, 2018

The latest share purchase by Computacenter’s (CCC) non-executive chairman Gregory Lock may conjure up a sense of déjà vu. Indeed, this marked Mr Lock's second top up in the last six weeks or so, with each transaction following a significant announcement from the IT infrastructure provider.

IC TIP: Hold at 1,052p

But that’s not to say the content of these announcements was similar. In October, Mr Lock bought around half-a-million-pounds’ worth of shares soon after Computacenter’s acquisition of US-based IT solutions provider FusionStorm. 

His more recent purchase – which totalled £665,629 – occurred just under a fortnight after a third-quarter trading update, which detailed a 3 per cent year-on-year sales decline. This wasn’t hugely surprising; the company previously said second-half numbers would face difficult 2017 comparatives. Mr Lock’s subsequent buy-in might, thus, inspire some reassurance among investors.

Buys
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Altitude  Graeme Couturier (cfo)09 Nov 1812,70380.4910,22528,3690.052
Amino Technologies Steve McKay13 Nov 1810,00012512,50010,0000.014
Avon Rubber Petrus Vervaat14 Nov 181,0111,36013,7505,0000.016
Avon Rubber Petrus Vervaat14 Nov 189891,37013,5493,9890.013
Blancco Technology  Adam Moloney (cfo)08 Nov 1818,00010518,90018,0000.028
Blancco Technology  Matthew Jones (ceo)08 Nov 1818,00010518,90018,0000.028
BlueRock Diamonds*Adam Waugh (ceo)09 Nov 1816,666,6670.350,00023,232,9405.238
BlueRock Diamonds*David Facey (fd)09 Nov 188,333,3330.325,00013,999,9993.157
BlueRock Diamonds*Paul Beck09 Nov 183,333,3330.310,0008,013,9761.807
Byotrol John Langlands (ch)13 Nov 181,000,0002.323,0005,600,0001.300
City Pub Group (The) Neil Griffiths13 Nov 1810,000195.919,59010,0000.016
Computacenter Gregory Lock (ch)12 Nov 1857,0001,167.77665,629700,0000.613
Connect  Jozef Opdeweegh14 Nov 18535,93537.3179200,000535,9350.216
Debenhams Sergio Bucher (ceo)08 Nov 181,192,8198.399,0041,549,4360.126
Eurasia Mining* Dmitry Suschov08 Nov 188,658,038423,636,376455,727,49619.230
Eurasia Mining* Gary Fitzgerald08 Nov 181,785,71442750,00023,378,4450.987
Eurasia Mining* Christian Schaffalitzky (ch)08 Nov 185,060,000422,125,20081,069,5173.421
Futura Medical*Angela Hildreth (fd)13 Nov 18142,857710,000142,8570.070
Futura Medical*James Barder (ce)13 Nov 18357,142725,0001,885,9720.922
Futura Medical*Kenneth James13 Nov 18285,714720,000299,7140.146
Gocompare.com  Ashley Steel 12 Nov 1838,6697729,77586,5020.021
Gocompare.com  Adrian Webb 14 Nov 1840,00077.130,8401,025,1950.245
Gocompare.com  Nicholas Wrighton (cfo)13 Nov 1825,00077.9919,49886,0300.021
Gocompare.com  Nicholas Wrighton (cfo)13 Nov 1815,00078.4611,769101,0300.024
Gocompare.com  Matthew Crummack14 Nov 1863,60478.6149,99963,6040.015
Gocompare.com♥Nicholas Wrighton (cfo)13 Nov 1840,00080.44632,178141,0300.034
Greencoat UK Wind♥Timothy Ingram (ch)13 Nov 1816,413125.3520,574409,6360.036
Greencoat UK Wind Timothy Ingram (ch)13 Nov 1816,420125.35420,583393,2230.035
GYG Rupert Savage09 Nov 18146,2503449,7252,716,9815.825
Halfords  Loraine Woodhouse (cfo)13 Nov 188,321298.824,863235,6670.118
Hansard Global Tim Davies (cfo)12 Nov 1831,8464714,96854,8500.040
ITV Salman Amin08 Nov 187,960150.7512,00014,7950.000
JKX Oil & Gas♥ Hans Horn (ch)09 Nov 1882,8404033,136182,8400.106
Metro Bank♥Michael Snyder08 Nov 186,4002,309147,77623,9000.025
Mission Marketing Andrew Nash 14 Nov 1850,00056.528,25050,0000.059
Nanoco  Alison Fielding14 Nov 1847,75941.8820,00191,3250.032
Oakley Capital Investments James Keyes 13 Nov 1830,00018455,20060,0000.029
Playtech Ian Penrose14 Nov 185,000467.523,3755,0000.002
Playtech♥Ian Penrose14 Nov 1812,500467.558,43817,5000.006
Sainsbury (J) Martin Scicluna12 Nov 1815,00032148,15015,0000.001
Symphony International  Anil Thadani08 Nov 18200,8070.67934136,41678,015,20715.197
Symphony International  Anil Thadani09 Nov 1820,3250.68966514,01778,035,53215.201
U and I  Richard Upton14 Nov 1813,333224.957929,9943,234,6492.579
Weir♥Stephen Young08 Nov 181,9821,629.5032,2973,9390.002
Westminster  Peter Fowler (ceo)09 Nov 18100,00010.510,5006,461,7944.970
Westminster  Patricia Lewis 09 Nov 18100,00010.710,700100,0000.077
Whitbread Adam Crozier (ch)13 Nov 182,000456191,2203,0000.002
Wizz Air  Barry Eccleston08 Nov 182,5002,927.1473,1792,5000.003
Sells
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Alliance Pharma John Dawson09 Nov 181,100,00070.1771,10035,476,4026.887
Altitude  Nichole Stella (ceo)09 Nov 1810,000818,1004,0000.007
EKF Diagnostics  Adam Reynolds09 Nov 181,250,00027.25340,6252,068,6130.452
Huntsworth Neil Jones (cfo)09 Nov 184,9701115,517395,0300.113
Mission MarketingFiona Shepherd14 Nov 18270,00056.5152,5501,000,0731.186
*Placing/tender/open offer ♥Spouse/connected party