Abrdn Asian Income Fund Limited NPV (AAIF)

Sector:

Investment Firms

Index:

FTSE Small Cap

219.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 236.00
  • 52 Week Low: 187.75
  • Currency: UK Pounds
  • Shares Issued: 169.83m
  • Volume: 61,331
  • Market Cap: £371.93m
  • RiskGrade: 98

Glencore boss uses divi to top up stake

Date: Thursday 07 Jun 2012

LONDON (ShareCast) - Ivan Glasenberg, the Chief Executive Officer at Glencore International, has purchased 2.9m shares in the mining giant using part of the money he received from the firm's latest dividend payout.

Glasenberg, who now owns just over 15.8% of the company, bought the shares at 344.3p each, spending a total of just under £10m.

The firm has indicated that the up-take of shares is set to be the first of several to come, after the director earned just under a whopping $110m in the latest dividend payout on Friday 1st.

Glencore is currently in the process of a $30m takeover of sector peer Xstrata. Following the merger, which is due to be completed later this year, Glasenberg will own around 9.0% of the combined stock.

Forum Energy has announced that both Andrew Mullins, Executive Director, and Barry Stansfield, an Executive Director have each sold their entire stake in the company, ditching 500,000 and 200,000 shares respectively.

Mullins earned himself £1.0m, while Stansfield pocketed £0.4m, with both directors selling the shares at 200p a pop.

Both directors sold the shares to Asia Link, a wholly-owned subsidiary of First Pacific Company.

The company's share price has risen 257%, equivalent to 117p, over the past year.



Top Director Buys

Glencore International (GLEN)
Director name: Mr Ivan Glasenberg
Amount purchased: 2,900,000 @ 344.30p
Value: £9,984,700

North Atlantic Smaller Companies Inv Trust (NAS)
Director name: Mr Christopher H B Mills
Amount purchased: 15,000 @ 926.66p
Value: £138,999

Great Portland Estates (GPOR)
Director name: Mr Nick Sanderson
Amount purchased: 21,000 @ 384.60p
Value: £80,766

Mecom Group (MEC)
Director name: Mr Tom Toumazis
Amount purchased: 32,894 @ 76.00p
Value: £24,999

Paragon Diamonds (PRG)
Director name: Mr Simon Retter
Amount purchased: 94,341 @ 21.20p
Value: £20,000

Aberdeen Asian Income Fund Ltd. (AAIF)
Director name: Mr Charles Clarke
Amount purchased: 10,750 @ 183.80p
Value: £19,759

Telecity Group (TCY)
Director name: Mr Michael Tobin
Amount purchased: 2,000 @ 781.25p
Value: £15,625

Mecom Group (MEC)
Director name: Mr Gerald (Gerry) Aherne
Amount purchased: 20,000 @ 73.00p
Value: £14,600

Halfords Group (HFD)
Director name: Mr David Adams
Amount purchased: 6,000 @ 239.30p
Value: £14,358


Top Director Sells

Forum Energy (FEP)
Director name: Mr Andrew J. Mullins
Amount sold: 500,000 @ 200.00p
Value: £1,000,000

Forum Energy (FEP)
Director name: Mr Barry Stansfield
Amount sold: 200,000 @ 200.00p
Value: £400,000

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AAIF Market Data

Currency UK Pounds
Share Price 219.00p
Change Today -2.00p
% Change -0.91 %
52 Week High 236.00
52 Week Low 187.75
Volume 61,331
Shares Issued 169.83m
Market Cap £371.93m
RiskGrade 98

AAIF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
53.25% below the market average53.25% below the market average53.25% below the market average53.25% below the market average53.25% below the market average
16.77% below the sector average16.77% below the sector average16.77% below the sector average16.77% below the sector average16.77% below the sector average
Price Trend
48.61% above the market average48.61% above the market average48.61% above the market average48.61% above the market average48.61% above the market average
41.97% above the sector average41.97% above the sector average41.97% above the sector average41.97% above the sector average41.97% above the sector average
Income
20.88% below the market average20.88% below the market average20.88% below the market average20.88% below the market average20.88% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
65.72% below the market average65.72% below the market average65.72% below the market average65.72% below the market average65.72% below the market average
41.88% below the sector average41.88% below the sector average41.88% below the sector average41.88% below the sector average41.88% below the sector average

AAIF Dividends

  Latest Previous
  3rd Interim 2nd Interim
Ex-Div 27-Oct-22 28-Jul-22
Paid 18-Nov-22 22-Aug-22
Amount 2.30p 2.30p

Trades for 02-Dec-2022

Time Volume / Share Price
16:28 1,360 @ 219.56p
16:17 1 @ 220.00p
16:17 600 @ 219.00p
16:05 600 @ 219.00p
16:04 600 @ 219.00p

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