Manchester & London Investment Trust (MNL)

Sector:

Investment Firms

Index:

FTSE Small Cap

 620.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 686.00
  • 52 Week Low: 373.00
  • Currency: UK Pounds
  • Shares Issued: 40.19m
  • Volume: 9,028
  • Market Cap: £249.20m
  • RiskGrade: 146

Fund manager adds to majority stake in Manchester & London Investment Trust

By Benjamin Chiou

Date: Thursday 05 Jun 2014

LONDON (ShareCast) - Mark Sheppard, the investment manager of Manchester & London Investment Trust (MLIT), has bought nearly £1.9m of shares in the closed-ended investment company.

Sheppard, from MLIT's parent Manchester & Metropolitan Investment and MLIT's fund manager Midas Investment Management, bought 712,071 shares at a price of 265p each, MLIT said on Thursday.

The purchase of the 3.17% stake in MLIT lifted Sheppard's total holding to 58.17%.

The deal follows a 13% drop in the stock over the past 12 months.

MLIT said in March that its net asset value per share in the first half (to January 31st) fell by 10.2% to 299.9p, an underperformance of 9.6% to its benchmark index.


Top Director Buys

Manchester & London Investment Trust (MNL)
Director name: Mr Mark Sheppard
Amount purchased: 712,071 @ 265.00p
Value: £1,886,988

African Barrick Gold (ABG)
Director name: Ms Rachel English
Amount purchased: 17,383 @ 215.00p
Value: £37,373

Red Rock Resources (RRR)
Director name: Mr Michael Nott
Amount purchased: 13,842,563 @ 0.23p
Value: £31,838

Maven Income & Growth 4 VCT (MAV4)
Director name: Mr Bill Nixon
Amount purchased: 30,000 @ 85.25p
Value: £25,575

Fenner (FENR)
Director name: Mr Richard John Perry
Amount purchased: 5,000 @ 336.29p
Value: £16,814

Red Rock Resources (RRR)
Director name: Mr James Ladner
Amount purchased: 6,000,000 @ 0.23p
Value: £13,800

Red Rock Resources (RRR)
Director name: Mr John Watkins
Amount purchased: 6,000,000 @ 0.23p
Value: £13,800

Red Rock Resources (RRR)
Director name: Mr Andrew Ronald McMillan Bell
Amount purchased: 4,500,000 @ 0.23p
Value: £10,350


Top Director Sells


Catlin Group Ltd. (CGL)
Director name: Mr Benjamin Meuli
Amount sold: 50,000 @ 522.00p
Value: £261,000

S&U (SUS)
Director name: Mr Guy Thompson
Amount sold: 7,500 @ 1,892.00p
Value: £141,900

S&U (SUS)
Director name: Mr Mike Mullins
Amount sold: 4,000 @ 1,892.00p
Value: £75,680

S&U (SUS)
Director name: Mr Christopher Redford
Amount sold: 2,500 @ 1,892.00p
Value: £47,300

S&U (SUS)
Director name: Mr Mike Thompson
Amount sold: 2,500 @ 1,892.00p
Value: £47,300

BC

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MNL Market Data

Currency UK Pounds
Share Price 620.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 686.00
52 Week Low 373.00
Volume 9,028
Shares Issued 40.19m
Market Cap £249.20m
RiskGrade 146

MNL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
39.85% below the market average39.85% below the market average39.85% below the market average39.85% below the market average39.85% below the market average
81.88% below the sector average81.88% below the sector average81.88% below the sector average81.88% below the sector average81.88% below the sector average
Price Trend
95.19% above the market average95.19% above the market average95.19% above the market average95.19% above the market average95.19% above the market average
99.40% above the sector average99.40% above the sector average99.40% above the sector average99.40% above the sector average99.40% above the sector average
Income
75.66% below the market average75.66% below the market average75.66% below the market average75.66% below the market average75.66% below the market average
87.67% below the sector average87.67% below the sector average87.67% below the sector average87.67% below the sector average87.67% below the sector average
Growth
64.23% above the market average64.23% above the market average64.23% above the market average64.23% above the market average64.23% above the market average
55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average55.56% above the sector average

MNL Dividends

  Latest Previous
  Interim Final
Ex-Div 11-Apr-24 05-Oct-23
Paid 07-May-24 08-Nov-23
Amount 7.00p 7.00p

Trades for 17-Apr-2024

Time Volume / Share Price
16:35 7 @ 620.00p
16:35 7 @ 620.00p
15:56 117 @ 622.10p
15:52 500 @ 622.00p
15:42 463 @ 623.00p

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