Montanaro European Smaller Companies Trust (MTE)

Sector:

Investment Firms

Index:

FTSE Small Cap

142.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 143.72
  • 52 Week Low: 107.20
  • Currency: UK Pounds
  • Shares Issued: 189.43m
  • Volume: 424,428
  • Market Cap: £269.93m
  • RiskGrade: 101

Major Havelock stakeholder trades in 1.25m shares

Date: Tuesday 11 Feb 2014

LONDON (ShareCast) - Andrew Burgess, the major shareholder of retail and educational interiors group Havelock Europa, has reduced his stake to 22.19 per cent after selling 1.25m shares.

The 17.75p-a-piece sale, which reduced Burgess's holding to 8.55m shares, comes less than a fortnight after the group said 2013 trading had been in-line with expectations after making good progress with its plan to expand its customer base.

During the 12-month period, the company completed a project with a major supermarket for the first time, marking an "important step" in further expanding its coverage of the retail market.

It saw an increase in tender activity in both the UK and overseas and said the benefits of additional business "should be reflected in order intake during 2014".

On the downside, revenue from the educational sector is set to fall in the current year after order intake remained subdued.

Burgess became a Non-Executive Director of Havelock in November last year.


Top Director Buys

Pacific Alliance Asia Opportunity Fund Ltd (PAX)
Director name: Mr Christopher M Gradel
Amount purchased: 1,148,000 @ $1.36
Value: $1,565,872

Energy XXI (Bermuda) (DI) (EXXI)
Director name: Mr John Daniel Schiller Jr
Amount purchased: 10,000 @ $21.42
Value: $214,200

Chaarat Gold Holdings Ltd. (DI) (CGH)
Director name: Mr Richard Rae
Amount purchased: 200,000 @ 97.00p
Value: £194,000

Chaarat Gold Holdings Ltd. (DI) (CGH)
Director name: Mr Alexander Novak
Amount purchased: 1,310,886 @ 10.00p
Value: £131,089

Energy XXI (Bermuda) (DI) (EXXI)
Director name: Mr John Daniel Schiller Jr
Amount purchased: 5,000 @ $21.71
Value: $108,550

Terra Capital (TCA)
Director name: Mr Filip Montfort
Amount purchased: 60,000 @ $0.80
Value: $48,000

Asian Plantation Ltd. (DI) (PALM)
Director name: Mr Dennis Melka
Amount purchased: 20,000 @ 222.00p
Value: £44,400

Montanaro European Smaller Companies Trust (MTE)
Director name: Mr Alex Hammond-Chambers
Amount purchased: 4,900 @ 523.50p
Value: £25,652

Energy XXI (Bermuda) (DI) (EXXI)
Director name: Mr John Daniel Schiller Jr
Amount purchased: 685 @ $23.61
Value: $16,173


Top Director Sells

Havelock Europa (HVE)
Director name: Mr Andrew Burgess
Amount sold: 1,250,000 @ 17.75p
Value: £221,875

NR

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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.

 

MTE Market Data

Currency UK Pounds
Share Price 142.50p
Change Today 0.50p
% Change 0.35 %
52 Week High 143.72
52 Week Low 107.20
Volume 424,428
Shares Issued 189.43m
Market Cap £269.93m
RiskGrade 101

MTE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.61% below the market average81.61% below the market average81.61% below the market average81.61% below the market average81.61% below the market average
89.23% below the sector average89.23% below the sector average89.23% below the sector average89.23% below the sector average89.23% below the sector average
Price Trend
50.06% above the market average50.06% above the market average50.06% above the market average50.06% above the market average50.06% above the market average
47.75% above the sector average47.75% above the sector average47.75% above the sector average47.75% above the sector average47.75% above the sector average
Income
74.02% below the market average74.02% below the market average74.02% below the market average74.02% below the market average74.02% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Growth
89.94% above the market average89.94% above the market average89.94% above the market average89.94% above the market average89.94% above the market average
88.16% above the sector average88.16% above the sector average88.16% above the sector average88.16% above the sector average88.16% above the sector average

MTE Dividends

  Latest Previous
  Interim Final
Ex-Div 21-Dec-23 17-Aug-23
Paid 26-Jan-24 15-Sep-23
Amount 0.23p 0.77p

Trades for 28-Mar-2024

Time Volume / Share Price
16:29 4,200 @ 142.20p
16:17 535 @ 142.00p
16:17 418 @ 142.00p
16:17 848 @ 142.00p
16:16 2,800 @ 142.18p

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