Date: Tuesday 11 Mar 2014
LONDON (ShareCast) - An Independent Non-Executive Director of Standard Chartered has this week upped his stake in the group by a quarter with the purchase of 2,500 shares.
John Paynter, who was appointed to his role in 2008, bought the shares at 1,246.50p each for a total of £31,163, taking his total holding to 12,500 shares.
The company last week revealed it had suffered its first fall in annual profits in a decade amid volatile financial markets and difficulties in South Korea.
Statutory profit dropped 11% to $6.1bn in the year through December 2013 following a $1bn writedown in the Korean unit in August after lenders in the country were forced to write off personal loans.
However, the emerging-markets focused bank tried to reassure investors that it was still an “exciting growth story”.
Income rose 8% to $19.1bn and normalised earnings per share gained 15% to 225.2 cents, driven by a diversity of customers, products and markets.
Top Director Buys
Sirius Minerals (SXX)
Director name: Mr Russell Scrimshaw
Amount purchased: 1,666,666 @ 12.00p
Value: £200,000
Bluefield Solar Income Fund Limited (BSIF)
Director name: Mr John Scott
Amount purchased: 100,000 @ 101.90p
Value: £101,900
Sirius Minerals (SXX)
Director name: Mr Jason Murray
Amount purchased: 541,666 @ 12.00p
Value: £65,000
Intertek Group (ITRK)
Director name: Mr Mark Williams
Amount purchased: 2,000 @ 3,043.07p
Value: £60,861
Sirius Minerals (SXX)
Director name: Mr Keith Clarke
Amount purchased: 416,666 @ 12.00p
Value: £50,000
Stobart Group Ltd. (STOB)
Director name: Mr Richard Butcher
Amount purchased: 37,800 @ 131.25p
Value: £49,612
Standard Chartered (STAN)
Director name: Mr John Paynter
Amount purchased: 2,500 @ 1,246.50p
Value: £31,162
Ixico (IXI)
Director name: Mr Andrew Richards
Amount purchased: 13,700 @ 78.00p
Value: £10,686
Ixico (IXI)
Director name: Mr Tim Sharpington
Amount purchased: 12,750 @ 78.50p
Value: £10,009
Top Director Sells
Intertek Group (ITRK)
Director name: Mr Wolfhart Hauser
Amount sold: 44,619 @ 3,059.31p
Value: £1,365,034
Coca-Cola HBC AG (CDI) (CCH)
Director name: Mr Christos Ioannou
Amount sold: 47,500 @ 1,510.70p
Value: £717,582
Intertek Group (ITRK)
Director name: Mr Lloyd Pitchford
Amount sold: 16,799 @ 3,059.31p
Value: £513,933
Keller Group (KLR)
Director name: Mr Justin R Atkinson
Amount sold: 32,043 @ 1,037.00p
Value: £332,286
Keller Group (KLR)
Director name: Mr James Hind
Amount sold: 23,055 @ 1,037.00p
Value: £239,080
Intertek Group (ITRK)
Director name: Mr Wolfhart Hauser
Amount sold: 6,000 @ 3,022.15p
Value: £181,329
Keller Group (KLR)
Director name: Mr Wolfgang Sondermann
Amount sold: 15,041 @ 1,037.00p
Value: £155,975
NR
Email this article to a friend
or share it with one of these popular networks:
1,208.00p
