By Benjamin Chiou
Date: Friday 07 Sep 2012
LONDON (ShareCast) - The wife of Henry Engelhardt, the Chief Executive Officer of car insurance group Admiral, topped up the family stake in the car insurance group again on Thursday, taking her investment in this week alone to over two million pounds.
Diane Briere de l'Isle bought 45,500 shares at yesterday at a price of 1,108p, costing her £504,140. In addition to the other two shares purchase she made on Tuesday and Wednesday, she bought a total of 191,907 shares this week, spending a combined £2.12m.
'Henry Engelhardt and Family' holdings now total 38,005,472 ordinary shares in Admiral, lifting its stake to over 14%.
The purchases came just a few days after Admiral’s first-half results (on August 30th) in which it reported a 7% rise in pre-tax profit to £171.8m and a 6% increase in group turnover to £1.17bn. However, the share price has been under pressure since the figures were released, falling by over 4%.
Speaking at the time of the results, Engelhardt said: “In the UK, following the very significant growth in 2010 and 2011, we continue to slow our rate of growth to a more modest level, which we believe is a sensible response to the increased competition in the market.”
In other news, Marshall Evans, the Group Operations Director at AIM-listed blue-collar recruitment firm Staffline, entered into a transaction for the sale of 1,090,400 ordinary shares in the company yesterday in response to institutional demand.
The shares, sold at a price of 217p a piece, generated around £2.37m for the executive after they were sold to institutional investors procured by Liberum Capital Limited, the company's nomad and broker.
Top Director Buys
Admiral Group (ADM)
Director name: Mr Henry Engelhardt
Amount purchased: 45,500 @ 1,108.00p
Value: £504,140
Aseana Properties Ltd. (ASPL)
Director name: Mr Gerald Ong Chong Keng
Amount purchased: 500,000 @ $0.40
Value: $198,750
Ironveld (IRON)
Director name: Mr Charles Giles Clarke
Amount purchased: 2,500,000 @ 1.95p
Value: £48,750
Ironveld (IRON)
Director name: Mr John Nicholas Harrison
Amount purchased: 2,000,000 @ 2.00p
Value: £40,000
Mcbride (MCB)
Director name: Mr Chris Bull
Amount purchased: 20,000 @ 119.50p
Value: £23,900
Ironveld (IRON)
Director name: Mr Charles Giles Clarke
Amount purchased: 1,000,000 @ 2.20p
Value: £22,000
May Gurney Integrated Services (MAYG)
Director name: Baroness Margaret Ford
Amount purchased: 16,642 @ 119.50p
Value: £19,887
IPPlus (IPP)
Director name: Mr William Catchpole
Amount purchased: 73,645 @ 15.00p
Value: £11,047
Top Director Sells
Staffline Group (STAF)
Director name: Mr Marshall Evans
Amount sold: 1,090,400 @ 217.00p
Value: £2,366,168
Kingspan Group (KGP)
Director name: Mr Russell Shiels
Amount sold: 64,400 @ € 8.00
Value: € 515,200
National Express Group (NEX)
Director name: Mr Jez K Maiden
Amount sold: 157,686 @ 214.53p
Value: £338,284
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Currency | UK Pounds |
Share Price | 0.068p |
Change Today | 0.000p |
% Change | 0.00 % |
52 Week High | 0.37 |
52 Week Low | 0.067 |
Volume | 615,671 |
Shares Issued | 3,935.00m |
Market Cap | £2.66m |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
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No dividends found |
Time | Volume / Share Price |
13:46 | 612,477 @ 0.067p |
11:54 | 3,194 @ 0.067p |
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