By Benjamin Chiou
Date: Friday 30 Nov 2012
LONDON (ShareCast) - Four directors of Breedon Aggregates, the AIM-listed building materials group, topped up their stakes on Thursday, a few days after the company said that full-year results would be in line with market expectations.
Collectively, the directors invested a total of half a million pounds in the business after it reported on Monday that sales revenue in the second half of the year (ending December 31st) has been "slightly stronger" than the first half.
While the outlook for 2013 "remains uncertain" and the UK building market remains tough - the Construction Products Association is forecasting no return to growth before 2014 - Breedon said that it remains confident that it will make further progress next year.
Executive Chairman Peter Tompurchased 750,000 ordinary shares at 20p a pop for £150,000, taking his total interest in the firm to 5.4%.
David Williams, non-executive director, bought 500,000 shares at 20p each for £100,000, pushing his stake up to 2.12%.
Susie Farnon, non-executive director, purchased 250,000 shares at 20p each for £50,000, increasing her stake to 0.25%.
However, David Warr, non-executive director, made the largest transaction, snapping up 1,000,000 shares at 20p each for £200,000.
Top Director Buys
Breedon Aggregates Ltd. (BREE)
Director name: Mr David Warr
Amount purchased: 1,000,000 @ 20.00p
Value: £200,000
Breedon Aggregates Ltd. (BREE)
Director name: Mr Peter W G Tom
Amount purchased: 750,000 @ 20.00p
Value: £150,000
Breedon Aggregates Ltd. (BREE)
Director name: Mr David Williams
Amount purchased: 500,000 @ 20.00p
Value: £100,000
F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 75,000 @ 99.08p
Value: £74,310
Global Energy Development (GED)
Director name: Mr Stephen C Voss
Amount purchased: 50,000 @ 106.00p
Value: £53,000
Breedon Aggregates Ltd. (BREE)
Director name: Ms Sally Ann (Susie) Farnon
Amount purchased: 250,000 @ 20.00p
Value: £50,000
Pinewood Shepperton (PWS)
Director name: Lord Michael Grade
Amount purchased: 17,500 @ 279.00p
Value: £48,825
African Consolidated Resources (AFCR)
Director name: Mr Andrew Cranswick
Amount purchased: 1,637,500 @ 2.00p
Value: £32,750
Pinewood Shepperton (PWS)
Director name: Mr Steve Christian
Amount purchased: 10,000 @ 275.00p
Value: £27,500
Anpario (ANP)
Director name: Ms Karen Prior
Amount purchased: 20,000 @ 106.50p
Value: £21,300
Top Director Sells
Smart Metering Systems (SMS)
Director name: Mr Alan Foy
Amount sold: 4,444,979 @ 215.00p
Value: £9,556,705
Smart Metering Systems (SMS)
Director name: Mr Stephen Timoney
Amount sold: 1,860,466 @ 215.00p
Value: £4,000,002
ARM Holdings (ARM)
Director name: Mr Mike Inglis
Amount sold: 10,626 @ 773.50p
Value: £82,192
Blinkx (BLNX)
Director name: Dr Michael Lynch
Amount sold: 35,248 @ 68.75p
Value: £24,233
Email this article to a friend
or share it with one of these popular networks: