Date: Wednesday 25 Feb 2015
LONDON (ShareCast) - A non-executive director in Kerry Group increased his stake in the group following weak interim results.
Philip Toomey bought 2,000 shares in the ingredients and flavours firm for an individual price of €63.15, spending a total of €126,300.
After the transaction Toomey holds 3,000 shares in the group.
Despite a 2.4% increase in revenues during the year, Kerry said on Tuesday that it suffered from a "weaker overall market" and lower industry inventory levels.
The group was also affected by "challenging macro-economic landscape" and geopolitical tensions in developing markets, but managed to achieve good underlying growth with earnings per share increasing 8.1%.
Chief executive Stan McCarthy said he expects a year of good growth in 2015.
Top Director Buys
Kerry Group 'A' Shares (KYGA)
Director name: Mr Philip Toomey
Amount purchased: 2,000 @ € 63.15
Value: € 126,300
Wilmington Group (WIL)
Director name: Mr Pedro Ros
Amount purchased: 22,425 @ 222.00p
Value: £49,784
Avingtrans (AVG)
Director name: Mr Roger Steven McDowell
Amount purchased: 30,000 @ 104.50p
Value: £31,350
Amati Vct 2 (AT2)
Director name: Mr Christopher Macdonald
Amount purchased: 18,470 @ 108.28p
Value: £19,999
Driver Group (DRV)
Director name: Mr Alan McClue
Amount purchased: 30,000 @ 59.30p
Value: £17,790
Top Director Sells
Mondi (MNDI)
Director name: Mr David A Hathorn
Amount sold: 56,154 @ 1,301.88p
Value: £731,058
Mondi (MNDI)
Director name: Mr Peter Oswald
Amount sold: 56,039 @ 1,301.88p
Value: £729,561
Mondi (MNDI)
Director name: Mr Andrew King
Amount sold: 25,917 @ 1,301.88p
Value: £337,408
Mondi (MNDI)
Director name: Ms Carol Hunt
Amount sold: 9,858 @ 1,301.88p
Value: £128,339
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