LONDON (ShareCast) - Tesco Non-Executive Chairman Sir Richard Broadbent added 10,000 shares to his stake, the supermarket chain announced Friday.
Broadbent, who joined the board in July 2011, bought the shares at 331.22p a piece for a total spend of £33,122.
The purchase was made less than a week after the company posted a 2.4% decline in its like-for-like sales during the festive period for in what has proved to be a challenging time for all the large UK grocers. The group had been expected to report falling LFL sales of between 1% and 2%.
Group sales in the six weeks to January 4th declined by 1.2% including petrol or 0.6% excluding petrol.
Looking forward, the company said that it still expected to report full year (FY) profits within the range of current market expectations, which it sees as being in between £3.16bn to £3.42bn.
Top Director Buys
Aquarius Platinum Ltd. (AQP)
Director name: Mr Jean Nel
Amount purchased: 177,000 @ 37.91p
Value: £67,101
Volex (VLX)
Director name: Mr Daren Morris
Amount purchased: 30,000 @ 112.00p
Value: £33,600
Tesco (TSCO)
Director name: Sir Richard Broadbent
Amount purchased: 10,000 @ 331.22p
Value: £33,122
Telford Homes (TEF)
Director name: Mr David Campbell
Amount purchased: 6,656 @ 373.00p
Value: £24,827
Futura Medical (FUM)
Director name: Mr John M Clarke
Amount purchased: 33,132 @ 58.15p
Value: £19,266
Top Director Sells
Ithaca Energy Inc. (DI) (IAE)
Director name: Mr John P Summers
Amount sold: 215,000 @ 145.00p
Value: £311,750
Big Yellow Group (BYG)
Director name: Mr Nicholas Vetch
Amount sold: 50,000 @ 500.00p
Value: £250,000
Big Yellow Group (BYG)
Director name: Mr James Gibson
Amount sold: 45,910 @ 500.00p
Value: £229,550
Ithaca Energy Inc. (DI) (IAE)
Director name: Mr Bradley Hurtubise
Amount sold: 115,000 @ 145.00p
Value: £166,750
Regenersis (RGS)
Director name: Mr Jog Dhody
Amount sold: 50,296 @ 300.00p
Value: £150,888
Ithaca Energy Inc. (DI) (IAE)
Director name: Mr Jay M Zammit
Amount sold: 100,001 @ 145.00p
Value: £145,001
Ithaca Energy Inc. (DI) (IAE)
Director name: Mr Franklin (Frank) M Wormsbecker
Amount sold: 100,000 @ 145.00p
Value: £145,000
Barr (A.G.) (BAG)
Director name: Mr Alex B C Short
Amount sold: 5,400 @ 583.00p
Value: £31,482
Bango (BGO)
Director name: Mr Anil Malhotra
Amount sold: 5,855 @ 188.00p
Value: £11,007
NR
Email this article to a friend
or share it with one of these popular networks: