15th Feb 2016 17:06
LONDON (Alliance News) - The following is a summary of director dealings reported in London on Monday.
----------
Hammerson said two of its top executives bought shares on Monday as the property developer reported 2015 results, saying its prime retail portfolio helped it to deliver a rise in pretax profit and rental income.
Chairman David Tyler bought 5,000 shares at GBP5.614 each and now holds 372,056 shares.
Chief Executive Officer David Atkins also bought 5,000 shares at GBP5.584 and now holds 30,000 shares.
Hammerson said on Monday its pretax profit for the year to the end of December was GBP731.6 million, up from GBP702.1 million a year earlier as net gains from its property investments, including those with joint ventures and associates, increased.
The FTSE 100 group greatly increased its exposure to regional shopping centres recently with the acquisition of the Grand Central shopping centre, which sits atop the redeveloped New Street rail station in Birmingham. It split the GBP350.0 million acquisition price 50:50 with its partner, the Canadian Pension Plan Investment Board.
The stock closed up 4.6% at 559.50p Monday.
----------
Residential property owner and manager Grainger said its new finance director, Vanessa Simms, bought 11,750 shares at 217.185p each on Monday. This is the first share purchase for Simms which makes up her only holding. She replaced Mark Greenwood, who retired from the role.
Simms joined from Unite Group, the student accommodation provider, where she was deputy chief financial officer. Prior to that, she was the UK finance director at SEGRO, the industrial property company.
The stock closed up 1.0% at 216.40p Monday.
----------
Water utility Pennon Group said Ian McAuley, chief executive of its Viridor waste-management subsidiary, bought 9,703 shares at a price of GBP8.3548 each on Monday. Pennon did not say the number of shares McAuley holds in total following the purchase. The stock closed up 1.6% at 833.31p Monday.
----------
Enterprise Inns said Chairman Robert Walker bought 67,000 shares at a price of 75.07206p per share Friday. Following this transaction, Walker's overall holding increased to 502,000 shares, or 0.10% of issued shares. Shares in the pub operator closed up 7.7% at 80.00p Monday.
----------
Strat Aero said Chief Executive Officer Tony Dunleavy bought 250,000 shares at a price of 4.25 p per share on Friday. Following this transaction, Dunleavy holds 2.8 million shares, which represents a 1.96% stake. Strat Aero last Thursday said it expects to report a widened pretax loss for 2015, but gave a more confident outlook for 2016, as it said revenue trends have improved. Shares in the aerospace services company closed down 1.2% at 4.07p Monday.
----------
Pinnacle Technology Group said Non-Executive Director Simon Duckworth bought 100,000 shares at a price of 8.0p per share on Friday. Following this transaction, Duckworth holds 4.5 million shares, which represents a 1.9% stake. Shares in the technology solutions provider closed up 0.3% at 7.90p Monday.
----------
Paragon Group of Companies said Non-Executive Director Hugo Tudor bought 75,000 shares at GBP3.0550 each Monday. He now holds 460,000 shares. The stock closed up 2.8% at 304.20p Monday.
----------
Speedy Hire said Chief Executive Officer Russell Down bought 1,276 shares at a price of 34.18p per share last Thursday. Following this transaction, Down holds 151,276 shares, which represents a 0.0290% stake in the firm. Shares in the rental company closed down 0.8% at 33.25p Monday.
----------
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Hammerson