Join our community of smart investors

BT boss shows early commitment

Philip Jansen joined the group as CEO in February 2019
June 20, 2019

BT’s (BT) chief executive, Philip Jansen, has purchased around 1.5m shares in the telecoms giant, worth £3m. Mr Jansen took over from Gavin Patterson in February 2019, having previously headed up payments group Worldpay. His current shareholding represents 454 per cent of his salary – above the targeted level of 300 per cent.

IC TIP: Buy at 206p

The latest full-year numbers from BT – and the first to be delivered under Mr Jansen’s directorship – offered some relief to income-seeking investors. The group held its dividend steady at 15.4p, and expects to do the same for FY2020. It said management remains committed to its “maintain or grow” dividend policy, albeit considering factors including business reinvestment levels.  

Buys       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Aberforth Smaller Companies TrustRichard Davidson (ch)6 Jun 20195,0001,251.5662,57813,0000.014
Babcock InternationalArchie Bethel (ceo)6 Jun 201920,000469.293,840444,0630.088
British Smaller Companies VCT Rupert Cook12 Jun 20192,04566.61,36228,3600.020
BT Philip Jansen (ceo)6 Jun 20191,484,4132022,998,5142,256,6020.023
Countryside Properties♥ William Townsend7 Jun 201910,000291.429,14010,0000.002
Diversified Gas & Oil Robert Post6 Jun 2019100,000108.25108,25020,300,0002.930
Diversified Gas & Oil Rusty Hutson (ceo)6 Jun 2019100,000108.25108,25020,350,0002.930
Diversified Gas & Oil Martin Thomas6 Jun 201915,000107.516,1252,100,0000.303
Dunedin Enterprise Investment TrustBrian Finlayson7 Jun 20196,000380.6422,838164,4200.796
Dunedin Enterprise Investment Trust Brian Finlayson6 Jun 20199,000380.834,272158,4200.767
Egdon Resources*Kenneth Ratcliff 6 Jun 201927,98951,399197,7320.065
Egdon Resources* Mark Abbott6 Jun 20191,303,230565,1629,392,6173.097
Egdon Resources* Philip Stephens (ch)6 Jun 201918,8145941131,7030.043
Egdon Resources* Walter Roberts6 Jun 201997,37554,8691,071,5040.353
EnQuest♥ Amjad Bseisu (ceo)7 Jun 2019417,57719.179,757161,562,7889.535
Entertainment One Michael Friisdahl 7 Jun 201914,300406.258,08714,4440.003
Entertainment One Michael Friisdahl 7 Jun 20191444095891440.000
Findel♥  Elaine O'Donnell6 Jun 20199,722204.5819,8899,7220.011
Findel Greg Ball6 Jun 201918,57021439,74018,5700.021
Hunters Property Dean Fielding12 Jun 201985,0004134,850130,0000.400
ITE Group♥ Nicholas Backhouse 7 Jun 201950,0007738,50050,0000.007
Just Group Ian Cormack7 Jun 2019100,00046.328246,328130,0000.013
Just Group Michael Deakin12 Jun 201925,00050.093312,52367,0360.006
Just Group Christopher Gibson-Smith (ch)12 Jun 2019200,00050.3311100,662782,7870.076
Just Group Steve Melcher10 Jun 201975,00050.395837,797154,4390.015
Just GroupKeith Nicholson11 Jun 201930,00051.3515,40559,7750.006
Just Group Clare Spottiswoode11 Jun 201920,00051.810,36020,0000.002
KRM22* Keith Todd (ch and ceo)11 Jun 2019235,29585200,0012,010,59110.525
Land SecuritiesMadeleine Cosgrave12 Jun 20194,700840.97639,5264,7000.001
Landore Resources* Richard  Prickett (fd)6 Jun 20191,428,5720.710,00014,823,4481.232
Landore Resources* William Humphries (ceo)6 Jun 20192,857,1430.720,00073,501,2626.110
Landore Resources* Helen Green 6 Jun 20191,428,5720.710,0004,286,1550.356
Non-Standard Finance♥ Miles Cresswell-Turner6 Jun 201920,00042.48,480933,7800.299
Non-Standard Finance Nicholas Teunon (cfo)6 Jun 201920,00042.48,480107,9800.035
Non-Standard Finance Miles Cresswell-Turner6 Jun 201980,00042.55534,044913,7800.293
Polymetal International Ian Cockerill7 Jun 20196,500875.456,9016,5000.001
Polymetal InternationalIan Cockerill11 Jun 20196,800888.660,42513,3000.003
Provident FinancialPaul Hewitt10 Jun 20199,488526.8449,9879,4880.004
Safestyle UKRobert Neale (cfo)12 Jun 201950,00067.133,55050,0000.060
Scapa Oskar Zahn (cfo)11 Jun 20198,30018014,9409,3000.006
Scapa Lawrence Pentz (ch)11 Jun 201917,000182.431,00827,0000.017
Scapa Heejae Chae (ceo)12 Jun 2019109,700183.8201,629981,4670.635
Schroder AsiaPacific Fund James Williams11 Jun 20194,62543920,30410,1250.006
Shoe Zone♥ Nicholas Davis (ceo)6 Jun 201915,000199.529,92570,1990.141
Sigma Capital James McMahon10 Jun 201930,00011233,60095,0000.106
Smith & Nephew†Roberto Quarta (ch)11 Jun 201924,00021.434812514,43556,4490.006
Tatton Asset Management Lothar Mentel 12 Jun 2019100,000213.5213,500965,9881.728
Tiger Resource Colin Bird (ch and ceo)12 Jun 20191,250,0000.293,62521,430,75011.625
Time Out Peter Dubens (ch)10 Jun 2019200,00095190,0002,550,3021.894
Time Out Peter Dubens (ch)11 Jun 2019100,000107107,0002,650,3021.968
XLMedia Ory Weihs (ceo)7 Jun 2019421,05246193,6845,666,9722.720
Sells       
CompanyDirectorDateNo of sharesPrice (p)Value (£)Holding (shares)Holding (%)
Altitude Martin Varley12 Jun 201975,00010881,00012,204,61822.316
Experian Brian Cassin (ceo)7 Jun 2019154,4572,399.903,706,820585,9830.064
Experian Kerry Williams (coo)7 Jun 2019190,6312,399.904,574,962180,5320.020
Experian Lloyd  Pitchford (cfo)7 Jun 2019119,0872,399.902,857,974292,5870.032
Intermediate Capital Philip Keller (fd)6 Jun 2019100,00013391,339,000424,6500.144
Sirius Real EstateAndrew Coombs (ceo)7 Jun 2019990,00065643,5008,888,3490.870
        
* placing/tender/open offer ♥ spouse/connected party       
†Mr Quarta bought 12,000 American Depositary Receipt (ADR) shares at $42.9 each