Associated British Foods (ABF)

Sector:

Food

Index:

FTSE 100

2,671.00p
   
  • Change Today:
      28.00p
  • 52 Week High: 2,731.00
  • 52 Week Low: 1,825.50
  • Currency: UK Pounds
  • Shares Issued: 751.83m
  • Volume: 1,558,995
  • Market Cap: £20,081m
  • RiskGrade: 161

Director dealings: Made Tech CEO invests, AB Foods finance director pays tax bill

By Josh White

Date: Wednesday 05 Jul 2023

LONDON (ShareCast) - (Sharecast News) - Made Tech Group was on the list of director buys on Wednesday, after its chief executive officer purchased almost 900,000 shares.
The company said Rory MacDonald picked up 897,507 shares on 4 July, at an average price of 17.14p each.

Following the purchase, it said he had a total beneficial interest in 42,594,172 shares, representing 28.53% of its issued share capital.

"Further to the company's announcement on 23 February, Rory MacDonald and his concert party are permitted to acquire ordinary shares in the company such that the concert party's fully-diluted shareholding does not exceed 43.04% of the company's issued share capital, as agreed with the Takeover Panel," the board explained in its disclosure.

"Following the above purchase, the concert party's fully-diluted shareholding in the company is 63,935,033 ordinary shares, equivalent to 42.83%."

Elsewhere, Associated British Foods disclosed a series of transactions involving its finance director made on 3 July.

The owner of the Primark chain said Eoin Tonge first received a transfer of 27,459 shares connected with the buyout of a forfeited incentive scheme award granted by his former employer, Marks & Spencer.

In addition, Tonge received a transfer on the same day of 68,751 shares related to the vesting of awards granted to him on 3 March.

Finally, on 3 July as well, Tonge sold 43,355 shares at a price of 2,006.7p each, in order to meet his tax liabilities for the two earlier transfers.

At the close on Wednesday, shares in Associated British Foods were down 0.55% at 2,006p, while those in Made Tech Group were 5.88% firmer at 18p.

Reporting by Josh White for Sharecast.com.

Top Director Buys

Made Tech Group (MTEC)
Director name: MacDonald,Rory Peter
Amount purchased: 897,507 @ 17.14p
Value: �153,832.70

Sdcl Energy Efficiency Income Trust (SEIT)
Director name: Roper,Tony
Amount purchased: 50,000 @ 74.56p
Value: �37,281.50

Cordel Group (CRDL)
Director name: Buddery,Ian
Amount purchased: 490,000 @ 7.00p
Value: �34,300.00

Taseko Mines Limited Npv (di) (TKO)
Director name: Pickering,Kenneth
Amount purchased: 20,000 @ $1.81
Value: $29,850.75

Finsbury Growth & Income Trust (FGT)
Director name: Hayes ,Simon
Amount purchased: 1,584 @ 879.15p
Value: �13,925.74

Natwest Group (NWG)
Director name: Davies,Howard
Amount purchased: 4,181 @ 244.90p
Value: �10,239.27

Morgan Advanced Materials (MGAM)
Director name: Raby,Pete
Amount purchased: 2,084 @ 274.70p
Value: �5,724.75

Odyssean Investment Trust (OIT)
Director name: Tufnell ,Jane
Amount purchased: 3,300 @ 155.50p
Value: �5,131.50

Gresham House Energy Storage Fund (GRID)
Director name: Liu ,Isabel
Amount purchased: 2,475 @ 143.70p
Value: �3,556.58

Natwest Group (NWG)
Director name: Lewis,Stuart
Amount purchased: 1,243 @ 244.90p
Value: �3,044.11

Natwest Group (NWG)
Director name: Jetha,Yasmin
Amount purchased: 1,142 @ 244.90p
Value: �2,796.76

Natwest Group (NWG)
Director name: Seligman,Mark
Amount purchased: 1,142 @ 244.90p
Value: �2,796.76

Natwest Group (NWG)
Director name: Wilson,Lena
Amount purchased: 1,101 @ 244.90p
Value: �2,696.35

Natwest Group (NWG)
Director name: Dangeard,Frank
Amount purchased: 1,101 @ 244.90p
Value: �2,696.35

Natwest Group (NWG)
Director name: Flynn,Patrick
Amount purchased: 1,101 @ 244.90p
Value: �2,696.35

Natwest Group (NWG)
Director name: Donnelly,Roisin
Amount purchased: 1,101 @ 244.90p
Value: �2,696.35

I3 Energy (I3E)
Director name: Shafiq,Majid
Amount purchased: 196,318 @ 1.27p
Value: �2,493.24

Grainger (GRI)
Director name: Hudson ,Robert
Amount purchased: 132 @ 230.00p
Value: �303.60

Grainger (GRI)
Director name: Gordon,Helen
Amount purchased: 130 @ 230.00p
Value: �299.00

Rathbones Group (RAT)
Director name: Stockton,Paul
Amount purchased: 8 @ 1,894.00p
Value: �151.52

Rathbones Group (RAT)
Director name: Mathias,Jennifer
Amount purchased: 8 @ 1,894.00p
Value: �151.52

Rathbones Group (RAT)
Director name: Stockton,Paul
Amount purchased: 8 @ n/a
Value: n/a

Rathbones Group (RAT)
Director name: Mathias,Jennifer
Amount purchased: 8 @ n/a
Value: n/a



Top Director Sells

London Stock Exchange Group (LSEG)
Director name: Brand,Martin
Amount sold: 19,840 @ 8,266.41p
Value: �1,640,055.76

Associated British Foods (ABF)
Director name: Tonge,Eoin
Amount sold: 45,355 @ 2,006.70p
Value: �910,138.76

Ten Lifestyle Group (TENG)
Director name: Long,Andrew
Amount sold: 900,000 @ 95.00p
Value: �854,999.99

British Land Company (BLND)
Director name: Mistry,Bhavesh
Amount sold: 13,396 @ 306.08p
Value: �41,002.48

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Associated British Foods Market Data

Currency UK Pounds
Share Price 2,671.00p
Change Today 28.00p
% Change 1.06 %
52 Week High 2,731.00
52 Week Low 1,825.50
Volume 1,558,995
Shares Issued 751.83m
Market Cap £20,081m
RiskGrade 161

Associated British Foods Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.2% below the market average79.2% below the market average79.2% below the market average79.2% below the market average79.2% below the market average
61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average
Price Trend
90.21% above the market average90.21% above the market average90.21% above the market average90.21% above the market average90.21% above the market average
92.86% above the sector average92.86% above the sector average92.86% above the sector average92.86% above the sector average92.86% above the sector average
Income
51.26% below the market average51.26% below the market average51.26% below the market average51.26% below the market average51.26% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average
Growth
44.14% above the market average44.14% above the market average44.14% above the market average44.14% above the market average44.14% above the market average
92.31% above the sector average92.31% above the sector average92.31% above the sector average92.31% above the sector average92.31% above the sector average

What The Brokers Say

Strong Buy 2
Buy 4
Neutral 12
Sell 0
Strong Sell 0
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Associated British Foods Dividends

  Latest Previous
  Interim Final
Ex-Div 30-May-24 14-Dec-23
Paid 05-Jul-24 12-Jan-24
Amount 20.70p 33.10p

Trades for 03-May-2024

Time Volume / Share Price
16:46 99,725 @ 2,661.62p
16:35 286,085 @ 2,671.00p
16:35 411 @ 2,671.00p
16:35 930 @ 2,671.00p
16:35 134 @ 2,671.00p

Associated British Foods Key Personnel

CEO George G Weston
Chair Michael McLintock
Finance Director Eoin Tonge

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