Kainos (KNOS) – a provider of digital services and platforms to public and private organisations – was recently promoted to the UK’s FTSE 250 index. This followed a strong run for the shares, which – at 654p – have ascended by more than 50 per cent year-to-date.
The group delivered a solid set of results for the 12 months to March. Revenues climbed by over a half to £151m, reflecting excellent growth within its larger digital services division. Sales momentum was more muted within digital platforms – dampened by NHS funding limitations, which have impacted Kainos’s ‘Evolve Electronic Medical Record’ software. Still, top-line diversification continued, and pre-tax profits rose 48 per cent to £21.1m.
Against this backdrop, we’re not overly concerned that business development director Paul Gannon offloaded 500,000 shares on 14 June, amounting to £3.1m. Mr Gannon retains approximately 8m shares, representing 6.61 per cent of the total issued share capital. Kainos declined to comment on the sale.
Buys | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
BHP | Ian Cockerill | 13 Jun 2019 | 3,500 | 1,925 | 67,375 | 3,500 | 0.000 |
Bluebird Merchant Ventures♥ | Colin Patterson (ceo) | 19 Jun 2019 | 500,000 | 2.01 | 10,050 | 6,257,924 | 1.697 |
Boohoo | Brian Small | 13 Jun 2019 | 20,000 | 222.2 | 44,440 | 20,000 | 0.002 |
Caledonia Mining | Steven Curtis (ceo) | 14 Jun 2019 | 3,500 | 410 | 14,350 | 164,882 | 1.555 |
ContourGlobal | Joseph Brandt (ceo) | 14 Jun 2019 | 9,034 | 193.93 | 17,520 | 1,680,376 | 0.251 |
ContourGlobal | Joseph Brandt (ceo) | 17 Jun 2019 | 9,151 | 197 | 18,027 | 1,689,527 | 0.252 |
CPPGroup | Jason Walsh (ceo) | 17 Jun 2019 | 300,000 | 4.77 | 14,310 | 732,854 | 0.085 |
Diversified Gas & Oil | David Turner | 14 Jun 2019 | 70,000 | 109.3 | 76,510 | 70,000 | 0.010 |
Dunedin Enterprise Investment Trust | Michael Jensen | 13 Jun 2019 | 17,000 | 350 | 59,500 | 21,900 | 0.106 |
Dunedin Enterprise Investment Trust | Angela Lane | 13 Jun 2019 | 2,498 | 358 | 8,943 | 33,537 | 0.162 |
EnQuest♥ | Amjad Bseisu (ceo) | 14 Jun 2019 | 1,222,575 | 19.1 | 233,512 | 162,785,363 | 9.607 |
Everyman Media | Paul Wise (ch) | 19 Jun 2019 | 25,000 | 167.5 | 41,875 | 2,746,752 | 3.797 |
GB Group | David Wilson (cfo and coo) | 18 Jun 2019 | 33,185 | 540 | 179,199 | 387,522 | 0.201 |
HgCapital Trust | Guy Wakeley | 14 Jun 2019 | 2,755 | 216.6 | 5,967 | 13,245 | 0.004 |
Iofina* | Thomas Becker (ceo) | 14 Jun 2019 | 93,750 | 16 | 15,000 | 93,750 | 0.049 |
Iofina* | William Bellamy | 14 Jun 2019 | 46,875 | 16 | 7,500 | 46,875 | 0.024 |
Iofina* | Malcolm Lewin (cfo) | 14 Jun 2019 | 93,750 | 16 | 15,000 | 93,750 | 0.049 |
Iofina* | Jules Mermoud | 14 Jun 2019 | 23,750 | 16 | 3,800 | 23,750 | 0.012 |
Iofina* | Lance Baller (ch) | 14 Jun 2019 | 312,500 | 16 | 50,000 | 4,812,500 | 2.508 |
IWG♥ | Mark Dixon (ceo) | 14 Jun 2019 | 125,000 | 333.25 | 416,563 | 243,978,270 | 27.247 |
IWG♥ | Mark Dixon (ceo) | 14 Jun 2019 | 1,282 | 333.3 | 4,273 | 244,104,552 | 27.261 |
IWG♥ | Mark Dixon (ceo) | 14 Jun 2019 | 125,000 | 333.4 | 416,750 | 244,103,270 | 27.261 |
Just Group | Paul Bishop | 13 Jun 2019 | 36,754 | 58.68 | 21,567 | 36,754 | 0.004 |
K3 Capital♥ | Ian Mattioli (ch) | 14 Jun 2019 | 36,797 | 165 | 60,715 | 634,622 | 1.503 |
Marks & Spencer* | Andrew Fisher | 13 Jun 2019 | 707 | 185 | 1,308 | 4,243 | 0.000 |
Marks & Spencer* | Phillipa McCrostie | 13 Jun 2019 | 1,200 | 185 | 2,220 | 7,200 | 0.000 |
Marks & Spencer* | Andrew Halford | 13 Jun 2019 | 4,200 | 185 | 7,770 | 25,200 | 0.001 |
Marks & Spencer* | Katie Bickerstaffe | 13 Jun 2019 | 800 | 185 | 1,480 | 4,800 | 0.000 |
Marks & Spencer* | Archibald Norman (ch) | 13 Jun 2019 | 15,600 | 185 | 28,860 | 93,600 | 0.005 |
Marks & Spencer* | Justin King | 13 Jun 2019 | 4,000 | 185 | 7,400 | 24,000 | 0.001 |
Marks & Spencer* | Alison Brittain | 13 Jun 2019 | 1,019 | 185 | 1,885 | 6,115 | 0.000 |
Marks & Spencer* | Steve Rowe (ceo) | 13 Jun 2019 | 58,228 | 185 | 107,722 | 354,401 | 0.018 |
Mercantile Investment Trust (The) | Graham Kitchen | 14 Jun 2019 | 10,000 | 205.45 | 20,545 | 58,180 | 0.007 |
Mercantile Ports and Logistics♥ | Howard Flight | 14 Jun 2019 | 1,250,000 | 1.942 | 24,275 | 5,500,000 | 0.289 |
National Express | Dean Finch (ceo) | 19 Jun 2019 | 19,200 | 390 | 74,880 | 273,883 | 0.054 |
nmcn | Michael Holt | 18 Jun 2019 | 1,500 | 605 | 9,075 | 1,500 | 0.014 |
nmcn | Michael Holt | 19 Jun 2019 | 1,000 | 610 | 6,100 | 2,500 | 0.024 |
Oakley Capital Investments | Peter Dubens | 14 Jun 2019 | 5,333,333 | 220 | 11,733,333 | 14,887,401 | 7.269 |
Park | Ian O'Doherty (ceo) | 14 Jun 2019 | 30,000 | 69.5 | 20,850 | 30,000 | 0.016 |
PCI-PAL | James Barham (ceo) | 13 Jun 2019 | 50,684 | 29 | 14,698 | 121,942 | 0.287 |
Pendragon | Christopher Chambers (ch) | 13 Jun 2019 | 500,000 | 18 | 90,000 | 2,500,000 | 0.179 |
Pendragon | Mark Herbert | 14 Jun 2019 | 500,000 | 18.35 | 91,750 | 500,000 | 0.036 |
Power Metal Resources♥ | Paul Johnson | 13 Jun 2019 | 250,000 | 0.4425 | 1,106 | 18,000,000 | 4.958 |
Power Metal Resources♥ | Paul Johnson | 13 Jun 2019 | 500,000 | 0.4475 | 2,238 | 17,750,000 | 4.889 |
Saga | Julie Hopes | 13 Jun 2019 | 25,707 | 38.66 | 9,938 | 42,617 | 0.004 |
Scancell Holdings♥* | Martin Diggle | 17 Jun 2019 | 77,559,311 | 5 | 3,877,966 | 77,559,311 | 16.667 |
Scapa | Pierre Guyot | 13 Jun 2019 | 15,000 | 199.2 | 29,880 | 30,000 | 0.019 |
Scapa | Sevan Demirdogen | 14 Jun 2019 | 5,000 | 210 | 10,500 | 10,000 | 0.006 |
Shearwater | David Williams (ch) | 13 Jun 2019 | 2,500,000 | 2.18 | 54,500 | 124,833,994 | 5.647 |
Sells | |||||||
Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
IG Design | John Charlton (ch) | 13 Jun 2019 | 300,000 | 604 | 1,812,000 | 357,116 | 0.456 |
IG Design | John Charlton (ch) | 13 Jun 2019 | 20,000 | 612 | 122,400 | 337,116 | 0.429 |
Kainos | Paul Gannon | 14 Jun 2019 | 369,500 | 620 | 2,290,900 | 8,130,085 | 6.718 |
Kainos | Paul Gannon | 14 Jun 2019 | 80,500 | 629.13 | 506,450 | 8,049,585 | 6.651 |
Kainos | Paul Gannon | 14 Jun 2019 | 50,000 | 629 | 314,500 | 7,999,585 | 6.610 |
Mid Wynd International Inv Trust | Russell Napier | 14 Jun 2019 | 3,600 | 553.06 | 19,910 | 151,125 | 0.372 |
Segro | Soumen Das (cfo) | 17 Jun 2019 | 110,000 | 727.044 | 799,748 | 145,581 | 0.013 |
United Utilities | Steven Mogford (ceo) | 19 Jun 2019 | 99,075 | 820.78 | 813,188 | 110,890 | 0.016 |
United Utilities | Russ Houlden (cfo) | 17 Jun 2019 | 3,252 | 825.56 | 26,847 | 51,902 | 0.008 |
YouGov | Sundip Chahal (coo) | 17 Jun 2019 | 25,000 | 500 | 125,000 | 311,008 | 0.294 |
*Placing/tender/open offer/right issue ♥Spouse/connected party |