By Natasha Roberts
Date: Tuesday 03 Jun 2014
LONDON (ShareCast) - Tony Chanmugam, the Group Finance Director of BT Group, has taken advantage of the recent run in the group's share price, selling 125,000 shares at 400p apiece.
The value of the stock initially fell after the telecoms giant posted record fourth quarter consumer revenues as investors engaged in a period of profit taking. However, in the past two weeks or so, the price of the shares has risen from around 362p.
Group pre-tax earnings before interest, depreciation and amortisation in the year to March 31st were flat at £6.1bn, but adjusted pre-tax profit rose 6% to £2.8bn. Adjusted earnings per share for the year lifted 7% to 28.2p.
The company said it was hiking its full year dividend by 15% to 10.9p and expects to increase its dividend by 10%-15% in each of the next two years.
The £500,000 deal has left Chanamugam with 899,227 shares.
Top Director Buys
Breedon Aggregates Ltd. (BREE)
Director name: Ms Sally Ann (Susie) Farnon
Amount purchased: 200,000 @ 41.50p
Value: £83,000
Breedon Aggregates Ltd. (BREE)
Director name: Mr Peter W G Tom
Amount purchased: 200,000 @ 41.50p
Value: £83,000
Breedon Aggregates Ltd. (BREE)
Director name: Mr Rob Wood
Amount purchased: 100,000 @ 41.50p
Value: £41,500
Gable Holdings Inc. (GAH)
Director name: Mr William Dewsall
Amount purchased: 50,000 @ 82.00p
Value: £41,000
Ventus VCT D Shs (VEND)
Director name: Mr David Williams
Amount purchased: 25,000 @ 100.00p
Value: £25,000
Ventus VCT (VEN)
Director name: Mr David Williams
Amount purchased: 25,000 @ 100.00p
Value: £25,000
Cello Group (CLL)
Director name: Mr Mark Scott
Amount purchased: 15,000 @ 87.40p
Value: £13,110
Top Director Sells
Carnival (CCL)
Director name: Mr Micky Arison
Amount sold: 159,819 @ 2,393.67p
Value: £3,825,539
Carnival (CCL)
Director name: Mr Micky Arison
Amount sold: 88,901 @ 2,396.07p
Value: £2,130,130
Intermediate Capital Group (ICP)
Director name: Mr Christophe A Evain
Amount sold: 135,213 @ 421.80p
Value: £570,328
SABMiller (SAB)
Director name: Mr Alan Clark
Amount sold: 17,166 @ 3,311.00p
Value: £568,366
Intermediate Capital Group (ICP)
Director name: Mr Christophe A Evain
Amount sold: 126,381 @ 421.80p
Value: £533,075
Intermediate Capital Group (ICP)
Director name: Mr Philip Keller
Amount sold: 126,381 @ 421.80p
Value: £533,075
BT Group (BT.A)
Director name: Mr Tony Chanmugam
Amount sold: 125,000 @ 400.00p
Value: £500,000
SABMiller (SAB)
Director name: Mr James Wilson
Amount sold: 13,720 @ 3,311.00p
Value: £454,269
Intermediate Capital Group (ICP)
Director name: Mr Benoit Durteste
Amount sold: 105,399 @ 418.05p
Value: £440,621
Avingtrans (AVG)
Director name: Mr Roger McDowell
Amount sold: 125,000 @ 158.00p
Value: £197,500
NR
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