Abrdn Asian Income Fund Limited NPV (AAIF)

Sector:

Investment Firms

Index:

FTSE Small Cap

 205.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 214.00p
  • 52 Week Low: 185.00p
  • Currency: UK Pounds
  • Shares Issued: 164.65m
  • Volume: 31,632
  • Market Cap: £337.53m
  • 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 205.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 214.00p
52 Week Low 185.00p
Volume 31,632
Shares Issued 164.65m
Market Cap £337.53m
RiskGrade 98

AAIF Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
40.32% below the market average40.32% below the market average40.32% below the market average40.32% below the market average40.32% below the market average
12.16% above the sector average12.16% above the sector average12.16% above the sector average12.16% above the sector average12.16% above the sector average
Price Trend
8.23% above the market average8.23% above the market average8.23% above the market average8.23% above the market average8.23% above the market average
10.51% below the sector average10.51% below the sector average10.51% below the sector average10.51% below the sector average10.51% below the sector average
Income
5.81% above the market average5.81% above the market average5.81% above the market average5.81% above the market average5.81% above the market average
49.33% above the sector average49.33% above the sector average49.33% above the sector average49.33% above the sector average49.33% above the sector average
Growth
10.21% below the market average10.21% below the market average10.21% below the market average10.21% below the market average10.21% below the market average
2.97% below the sector average2.97% below the sector average2.97% below the sector average2.97% below the sector average2.97% below the sector average

AAIF Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 25-Jan-24 n/a
Paid 23-Feb-24 n/a
Amount 4.25p 2.50p

Trades for 28-Mar-2024

Time Volume / Share Price
10:24 500 @ 202.36p
10:20 2,100 @ 202.40p
10:03 4,000 @ 202.37p
09:52 4,300 @ 202.34p
09:52 2,400 @ 202.34p

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