Financials
By Natasha Roberts
Date: Thursday 19 Jun 2014
LONDON (ShareCast) - Pam Powell, a non-executive director of Premier Foods, has acquired 74,369 shares in the group one day after it warned that sales of its key brands were set to fall short of expectations this year.
Powell paid 53.5p for each of the shares, spending a total of £39,787.
The modest show of faith came as the group reassured investors cost cuts should still help it to report annual results in line with expectations.
Premier said second quarter sales of its "power brands", which include Sharwoods curry sauces, Oxo, Bisto and Mr Kipling, were likely to be negative and below the group's expectations due to subdued grocery markets.
However, it said its profit expectations for the year to December 31st 2014 remained the same due to cost management.
"As a result the company no longer expects power brand sales to grow by 2-3% for the year to December 31st 2014, as previously indicated," it said.
Powell's stake in the group now stands at 160,366 shares.
Top Director Buys
Symphony International Holdings Ltd. (SIHL)
Director name: Mr Anil Thadani
Amount purchased: 200,000 @ $0.70
Value: $140,000
Telit Communications (TCM)
Director name: Mr Oozi Cats
Amount purchased: 64,802 @ 208.00p
Value: £134,788
Symphony International Holdings Ltd. (SIHL)
Director name: Mr Sunil Chandiramani
Amount purchased: 150,000 @ $0.70
Value: $105,000
RM2 International S.A. (DI) (RM2)
Director name: Mr Jan Dekker
Amount purchased: 100,000 @ 52.00p
Value: £52,000
Premier Foods (PFD)
Director name: Ms Pam Powell
Amount purchased: 74,369 @ 53.50p
Value: £39,787
Gresham Computing (GHT)
Director name: Mr Hamish Purdey
Amount purchased: 18,554 @ 134.00p
Value: £24,862
Big Yellow Group (BYG)
Director name: Mr Richard Cotton
Amount purchased: 5,000 @ 461.40p
Value: £23,070
Goldenport Holdings Inc. (DI) (GPRT)
Director name: Mr Alexis Stephanou
Amount purchased: 5,000 @ 345.00p
Value: £17,250
Horizon Discovery Group (HZD)
Director name: Dr Darrin Matthew Disley
Amount purchased: 10,000 @ 145.00p
Value: £14,500
Record (REC)
Director name: Mr David John Morrison
Amount purchased: 40,000 @ 34.62p
Value: £13,848
Top Director Sells
Consort Medical (CSRT)
Director name: Mr Jonathan Glenn
Amount sold: 11,329 @ 872.00p
Value: £98,789
NR
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Currency | US Dollars |
Share Price | $ 0.41 |
Change Today | $ -0.01 |
% Change | -1.20 % |
52 Week High | $0.5 |
52 Week Low | $0.3 |
Volume | 25,002 |
Shares Issued | 513.37m |
Market Cap | $210.48m |
RiskGrade | 223 |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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Interim | Interim | |
Ex-Div | 06-Jul-23 | 26-Aug-21 |
Paid | 28-Jul-23 | 17-Sep-21 |
Amount | 2.50¢ | 2.50¢ |
Time | Volume / Share Price |
13:10 | 25,002 @ $0.41 |
Chair | Georges Gagnebin |
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