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Date: Tuesday 05 Apr 2011
LONDON (ShareCast) - Bosses at WH Ireland had the company they work for in their sights today as they splashed out thousands of pounds on shares in the stockbroker.
Chief executive Paul Compton was the biggest spender, taking 670,448 shares at 50p a time. The purchase, which set him back £335,174, takes his holding to 920,338 shares, nearly 5% of the company.
Chairman Rupert Lowe took 182,500 shares at the same price and now has an almost identical holding to Lowe. John Scott upped his holding to 124,575 shares with the purchase of 50,000 at 50p, while Alan Kershaw took his first stake of 20,000, also paying 50p.
WH Ireland, which traces its heritage back to the old Manchester stock exchange, made pre-tax loss of £0.3m in the 12 months to November, much less than the £2.1m deficit reported the year before.
Turnover fell 25% to £18.4m, but the new financial year has started well, in line with the firm’s internal budget and much better than for the previous year.
“Overall, I would say that the year ended with WH Ireland being in much better shape than it has been in recent years, but it is just the 'end of the beginning' rather than cause for congratulation,” boss Compton, who joined the company last year, said.
Top Director Buys
W H Ireland Group (WHI)
Director name: Mr Christopher Paul Compton
Amount purchased: 670,348 @ 50.00p
F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 250,000 @ 76.02p
Director name: Mr Trevor Finn
Amount purchased: 748,730 @ 22.75p
Director name: Mr Martin Shaun Casha
Amount purchased: 415,961 @ 22.75p
W H Ireland Group (WHI)
Director name: Mr Rupert J G Lowe
Amount purchased: 182,500 @ 50.00p
Director name: Mr Jim Meredith
Amount purchased: 200,000 @ 29.93p
Avanti Communications Group (AVN)
Director name: Mr David J Williams
Amount purchased: 11,423 @ 433.00p
African Consolidated Resources (AFCR)
Director name: Mr Roy Tucker
Amount purchased: 1,000,000 @ 4.50p
PSG Solutions (PGS)
Director name: Mr Bernard Cavan Connor
Amount purchased: 200,000 @ 20.00p
Graphite Enterprise Trust (GPE)
Director name: Mr Andrew D Pomfret
Amount purchased: 10,000 @ 367.00p
Top Director Sells
Director name: Mr Ian Cheshire
Amount sold: 624,588 @ 258.24p
Director name: Mr John McDonough
Amount sold: 65,791 @ 381.60p
Director name: Mr Simon Nicholls
Amount sold: 133,741 @ 156.39p
Director name: Mr Richard Adam
Amount sold: 42,446 @ 381.60p
Tikit Group (TIK)
Director name: Mr David Lumsden
Amount sold: 30,000 @ 259.50p
|52 Week High||1,114.00p|
|52 Week Low||730.00p|
Compare performance with the sector and the market.
|Time||Volume / Share Price|
|16:47||880 @ 1,048.00p|
|16:35||42,751 @ 1,048.00p|
|16:28||27 @ 1,050.00p|
|16:25||100 @ 1,050.00p|
|16:25||56 @ 1,050.00p|