Mercantile Investment Trust (The) (MRC)

Sector:

Investment Firms

Index:

FTSE 250

 222.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 229.00
  • 52 Week Low: 177.80
  • Currency: UK Pounds
  • Shares Issued: 776.31m
  • Volume: 1,089,722
  • Market Cap: £1,727.29m

Director dealings: Mercantile Investment Trust non-exec buys in

By Oliver Haill

Date: Thursday 07 Jan 2016

LONDON (ShareCast) - (ShareCast News) - Angus Lennox, a non-executive director of JP Morgan-managed Mercantile Investment Trust, has invested £90,150 of his cash in the grand old dame of the UK trust sector.
Former Cazenove investment banker and then a managing director of the investment arm once JP Morgan took over, Lennox on Thursday revealed he had bought 5,000 shares at a price of 1,803p apiece.

The Mercantile trust, one of the oldest and largest listed in London, has a diversified portfolio of around 120 medium and smaller UK companies, with its largest 10 holdings recently numbering fresh FTSE 100 entrant DCC, Betfair, Domino's Pizza, B&M European Value Retail, DS Smith and housebuilders Berkeley and Bellway.

Since late 2014 the trust's own share price has extended its all-time high from just under 1,300p to more than 1,800p by the end last year, but Lennox seems to think it has plenty further to go.



Top Director Buys

Mercantile Investment Trust (The) (MRC)
Director name: Mr Angus Gordon Lennox
Amount purchased: 5,000 @ 1,803.00p
Value: £90,150

Concha (CHA)
Director name: Mr Russell John Backhouse
Amount purchased: 15,317,227 @ 0.35p
Value: £53,610

PetroNeft Resources (PTR)
Director name: Mr Dennis Francis
Amount purchased: 1,500,000 @ 2.25p
Value: £33,750

John Laing Group (JLG)
Director name: Mr Anne Wade
Amount purchased: 10,000 @ 205.00p
Value: £20,500

Anglo American (AAL)
Director name: Mr Jim Rutherford
Amount purchased: 5,046 @ 260.00p
Value: £13,120

Top Director Sells

China Nonferrous Gold Limited (DI) (CNG)
Director name: Mr Abuali Ismatov
Amount sold: 100,000 @ 24.00p
Value: £24,000

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

 

MRC Market Data

Currency UK Pounds
Share Price 222.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 229.00
52 Week Low 177.80
Volume 1,089,722
Shares Issued 776.31m
Market Cap £1,727.29m

MRC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.84% below the market average59.84% below the market average59.84% below the market average59.84% below the market average59.84% below the market average
26.42% below the sector average26.42% below the sector average26.42% below the sector average26.42% below the sector average26.42% below the sector average
Price Trend
68.96% above the market average68.96% above the market average68.96% above the market average68.96% above the market average68.96% above the market average
77.18% above the sector average77.18% above the sector average77.18% above the sector average77.18% above the sector average77.18% above the sector average
Income
11.45% below the market average11.45% below the market average11.45% below the market average11.45% below the market average11.45% below the market average
58.93% above the sector average58.93% above the sector average58.93% above the sector average58.93% above the sector average58.93% above the sector average
Growth
41.31% above the market average41.31% above the market average41.31% above the market average41.31% above the market average41.31% above the market average
42.76% above the sector average42.76% above the sector average42.76% above the sector average42.76% above the sector average42.76% above the sector average

MRC Dividends

  Latest Previous
  Q4 Q3
Ex-Div 11-Apr-24 21-Dec-23
Paid 16-May-24 01-Feb-24
Amount 3.30p 1.45p

Trades for 12-Apr-2024

Time Volume / Share Price
17:05 500 @ 222.50p
16:35 62,279 @ 222.50p
16:35 1 @ 222.50p
16:35 4,073 @ 222.50p
16:35 1,295 @ 222.50p

MRC Key Personnel

Chair Angus Gordon Lennox

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