LONDON (ShareCast) - Nicholas Cadbury, the Finance Director of Whitbread, bought 600 shares at 2,522.88p on Thursday, two days after the hotel and restaurant group posted a 14.8 per cent rise in total sales in the 50 weeks to February 14th.
The modest £15,137 purchase follows Tuesday's trading statement, in which the company reported double digit sales growth and said it was on track to deliver full year results in line with expectations.
Like-for-like sales rose 3.7% across the whole group in the 50 weeks to February 14th with the biggest like-for-like increase being seen at Costa stores, where sales rose 6.6%.
In the 11 weeks to February 14th, total sales rose 16.9% across the whole group while like-for-like sales rose 2.7%.
Cadbury's total holding following the purchase is 600.
Top Director Buys
Pan African Resources (PAF)
Director name: Mr RA Holding
Amount purchased: 125,000 @ 15.84p
Value: £19,800
Top Level Domain Holdings Ltd. (DI) (TLDH)
Director name: Mr Guy Elliott
Amount purchased: 750,700 @ 8.50p
Value: £63,810
Natasa Mining Ltd. (DI) (NSN)
Director name: Mr Ian Mann
Amount purchased: 50,000 @ 83.00p
Value: £41,500
Top Level Domain Holdings Ltd. (DI) (TLDH)
Director name: Mr Guy Elliott
Amount purchased: 250,000 @ 9.00p
Value: £22,500
Pan African Resources (PAF)
Director name: Mr NA Reynolds
Amount purchased: 10,000 @ 15.64p
Value: £1,564
Pan African Resources (PAF)
Director name: Mr Cobus Loots
Amount purchased: 100,000 @ 16.00p
Value: £16,000
Whitbread (WTB)
Director name: Mr Nicholas Cadbury
Amount purchased: 600 @ 2,522.88p
Value: £15,137
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