Fears of Brexit-related disruption to London Stock Exchange’s (LSE) operations have done little to dampen investors’ attraction to the shares, which hit an all-time high in March. In a further vote of confidence, non-executive director Don Robert has bought £464,000 in shares in the group. Current Experian (EXPN) chairman Mr Robert was appointed to the board at the start of the year and will succeed Donald Brydon as chairman of LSE following its annual general meeting in May.
IC TIP:
Buy
at
4770p
Chief executive David Schwimmer sought to reassure the market upon the release of 2018 results that businesses "perceived to be most exposed to Brexit, such as clearing" continue to "perform very well, with no change in [our] market position". Nevertheless, 250 job cuts were announced to remove duplication of roles and reduce the number of contractors, with savings of £30m targeted.
| Buys | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Accrol | Daniel Wright (ch) | 27 Mar 19 | 100,000 | 21.5 | 21,500 | 2,470,308 | 1.265 |
| BH Macro | Colin Maltby | 26 Mar 19 | 3,000 | 2,265 | 67,950 | 3,000 | 0.024 |
| Clarkson | Peter Backhouse | 22 Mar 19 | 1,000 | 2,300 | 23,000 | 14,000 | 0.046 |
| ConvaTec | Rick Anderson | 25 Mar 19 | 55,500 | 136.85 | 75,952 | 204,975 | 0.01 |
| Duke Royalty | Charles Cannon-Brookes | 21 Mar 19 | 100,000 | 43.6 | 43,600 | 5,400,000 | 2.702 |
| Ebiquity | Alan Newman (cfo) | 26 Mar 19 | 100,000 | 44 | 44,000 | 100,000 | 0.126 |
| Fundsmith Emerging Equities Trust | David Potter | 26 Mar 19 | 2,032 | 1,220 | 24,790 | 16,543 | 0.063 |
| Gym Group | Richard Darwin (ceo) | 27 Mar 19 | 11,000 | 218.43 | 24,027 | 996,979 | 0.724 |
| Gym Group | Penelope Hughes (ch) | 27 Mar 19 | 23,911 | 220.03 | 52,611 | 50,000 | 0.036 |
| i3 Energy | Graham Heath (cfo) | 21 Mar 19 | 316,213 | 37 | 116,999 | 6,816,213 | 13.102 |
| i3 Energy | Neill Carson | 21 Mar 19 | 154,595 | 37 | 57,200 | 6,712,133 | 12.902 |
| IG | June Felix (ceo) | 22 Mar 19 | 9,700 | 516.6 | 50,110 | 43,700 | 0.012 |
| Kingfisher | Andrew Cosslett (ch) | 21 Mar 19 | 70,718 | 226 | 159,823 | 217,223 | 0.01 |
| Kingfisher | Sophie Gasperment | 21 Mar 19 | 10,000 | 226.8 | 22,680 | 10,000 | 0 |
| LiDCO | Philip Cooper | 26 Mar 19 | 100,000 | 4.4 | 4,400 | 1,766,667 | 0.724 |
| LiDCO | Timothy Hall (cfo) | 26 Mar 19 | 100,000 | 4.4 | 4,400 | 100,000 | 0.041 |
| LiDCO | Peter Grant (ch) | 26 Mar 19 | 200,000 | 4.5 | 9,000 | 700,000 | 0.287 |
| London Stock Exchange | Donald Robert | 27 Mar 19 | 10,000 | 4,638 | 463,800 | 10,000 | 0.003 |
| Mears | Andrew Smith (fd) | 22 Mar 19 | 20,000 | 265 | 53,000 | 130,000 | 0.118 |
| Next | Tristia Harrison | 21 Mar 19 | 1,000 | 5,086 | 50,860 | 1,000 | 0.001 |
| Phoenix | Kory Sorenson | 26 Mar 19 | 5,000 | 656 | 32,800 | 20,704 | 0.003 |
| Quixant | Jon Jayal (ceo) | 26 Mar 19 | 10,000 | 297.5 | 29,750 | 370,200 | 0.558 |
| Renishaw | Geoffrey McFarland | 27 Mar 19 | 3,000 | 3,792 | 113,760 | 5,000 | 0.007 |
| Renishaw | William Lee (ceo) | 22 Mar 19 | 1,000 | 3,793 | 37,930 | 2,800 | 0.004 |
| Restore | Charles Bligh | 21 Mar 19 | 16,802 | 298.5 | 50,154 | 16,802 | 0.014 |
| Rotork | Kevin Hostetler (ceo) | 22 Mar 19 | 130,000 | 285.65 | 371,345 | 130,000 | 0.015 |
| Sanne | Rupert Robson (ch) | 22 Mar 19 | 19,100 | 518.92 | 99,114 | 33,682 | 0.023 |
| Sanne | James Ireland (cfo) | 22 Mar 19 | 9,520 | 519.87 | 49,492 | 9,520 | 0.007 |
| Sanne | Dean Godwin (ceo) | 22 Mar 19 | 9,520 | 519.87 | 49,492 | 1,073,903 | 0.736 |
| Sanne | Martin Schnaier | 22 Mar 19 | 9,520 | 519.87 | 49,492 | 9,520 | 0.007 |
| Sanne | Julia Chapman | 25 Mar 19 | 2,862 | 528 | 15,111 | 2,862 | 0.002 |
| SDL | Adolfo Hernandez (ceo) | 26 Mar 19 | 10,000 | 551.4 | 55,140 | 162,500 | 0.179 |
| Senior | Ian King (ch) | 27 Mar 19 | 23,597 | 209 | 49,318 | 57,297 | 0.014 |
| Standard Life Aberdeen♥ | Douglas Flint (ch) | 25 Mar 19 | 7,750 | 257.85 | 19,983 | 58,124 | 0.002 |
| Strategic Equity Capital | Richard Hills (ch) | 27 Mar 19 | 15,000 | 205.8 | 30,870 | 75,000 | 0.116 |
| Syncona | Nicholas Moss | 22 Mar 19 | 8,004 | 249.7 | 19,986 | 28,096 | 0.004 |
| Tatton Asset Management | Paul Edwards (cfo) | 25 Mar 19 | 25,000 | 203 | 50,750 | 49,500 | 0.089 |
| TT Electronics | Jack Boyer | 21 Mar 19 | 11,000 | 230 | 25,300 | 82,588 | 0.051 |
| Tyman | Martin Towers (ch) | 26 Mar 19 | 17,016 | 241.76 | 41,138 | 80,000 | 0.041 |
| Victoria | Alexander Anton | 27 Mar 19 | 97,500 | 450 | 438,750 | 994,025 | 0.793 |
| W H Ireland* | Phillip Wale (ceo) | 22 Mar 19 | 32,500 | 45 | 14,625 | 32,500 | 0.076 |
| W H Ireland* | Timothy Steel (ch) | 22 Mar 19 | 25,000 | 45 | 11,250 | 25,000 | 0.058 |
| Sells | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Aviva | Andrew Briggs | 22 Mar 19 | 57,399 | 412 | 236,484 | 431,236 | 0.011 |
| Berkeley | Paul Vallone | 21 Mar 19 | 5,138 | 3,799 | 195,193 | 26,825 | 0.021 |
| Brave Bison | Paul Campbell-White (cfo) | 27 Mar 19 | 500,000 | 2.62 | 13,100 | 1,520,218 | 0.264 |
| Brave Bison | Paul Campbell-White (cfo) | 27 Mar 19 | 100,000 | 2.8 | 2,800 | 2,920,218 | 0.507 |
| Brave Bison | Paul Campbell-White (cfo) | 27 Mar 19 | 100,000 | 2.8 | 2,800 | 2,420,218 | 0.42 |
| Brave Bison | Paul Campbell-White (cfo) | 27 Mar 19 | 200,000 | 2.811 | 5,622 | 2,720,218 | 0.472 |
| Brave Bison | Paul Campbell-White (cfo) | 27 Mar 19 | 200,000 | 2.82 | 5,640 | 2,520,218 | 0.437 |
| Brave Bison | Paul Campbell-White (cfo) | 27 Mar 19 | 200,000 | 2.8375 | 5,675 | 2,220,218 | 0.385 |
| Brave Bison | Paul Campbell-White (cfo) | 27 Mar 19 | 200,000 | 2.92 | 5,840 | 2,020,218 | 0.351 |
| Cropper (James) | Isabelle Maddock (fd) | 21 Mar 19 | 1,113 | 966 | 10,752 | 17,312 | 0.181 |
| Cropper (James)♥ | Isabelle Maddock (fd) | 21 Mar 19 | 162 | 972 | 1,575 | 17,150 | 0.179 |
| Cropper (James)♥ | Isabelle Maddock (fd) | 21 Mar 19 | 968 | 973 | 9,419 | 16,182 | 0.169 |
| Greggs♥ | Richard Hutton (fd) | 22 Mar 19 | 1,150 | 1,861 | 21,402 | 40,271 | 0.04 |
| Greggs♥ | Richard Hutton (fd) | 22 Mar 19 | 1,100 | 1,861 | 20,471 | 39,171 | 0.039 |
| RPC | Simon Kesterton (fd) | 21 Mar 19 | 65,000 | 795.181 | 516,868 | 110,592 | 0.027 |
| Town Centre Securities | Michael Ziff | 26 Mar 19 | 50,000 | 219 | 109,500 | 8,105,121 | 15.272 |
| Town Centre Securities | Edward Ziff (ch & ceo) | 22 Mar 19 | 50,000 | 219 | 109,500 | 15,955,835 | 30.065 |
| *Placing/tender/open offer ♥Spouse/connected party | |||||||
