Home
Investment
News & Views
Company News
news storage
Chairman's wife buys Redrow shares
Wed, 08 Feb, 2012
INVESTMENT NEWS
Company Search
Search QCK.COM
Investment Home
News & Views
Top Stories
Charting
Company Search
Watchlist
Market Reports
Market Buzz
Company News
Economic News
New Issues
Other News
Chairman's wife buys Redrow shares
Tue, 2 Mar 2010, 16:48:00
<b>Redrow</b> chairman Steve Morgan's wife has bought 100,000 shares in the housebuilder taking their combined stake to 29.95%. Fiona Morgan paid 131.5p a share for the 100,000 shares. The total cost was £131,500. Morgan founded Redrow in 1974 and floated the company 20 years later. He also owns Wolverhampton Wanderers Football Club, whose squad includes former Gillingham FC winger Matt Jarvis. Last week, Redrow reported a 25% increase in interim revenues to £187.2m. The reported loss fell by 81% to £8.7m in the six months to December 2009. Last autumn, Redrow raised £150m from a 13-for-14 rights issue at 105p a share. Net debt was £49.3m at the end of 2009. The net asset value is 141p a share. Redrow says it has the appropriate capital structure in place but the market remains fragile. <b>Top Director Buys</b> Redrow (RDW) Director name: Mr Steve Morgan Amount purchased: 100,000 @ 131.50p Value: £131,500 Informa (INF) Director name: Mr Adam Walker Amount purchased: 22,000 @ 350.89p Value: £77,196 WSP Group (WSH) Director name: Mr Peter R Gill Amount purchased: 24,833 @ 279.78p Value: £69,478 Education Development International (EDD) Director name: Mr Richard Price Amount purchased: 50,000 @ 136.00p Value: £68,000 Absolute Return Trust GBP Shares (ABR) Director name: Mr Robin Rumboll Amount purchased: 25,000 @ 119.00p Value: £29,750 e-Therapeutics (ETX) Director name: Mr John Cordiner Amount purchased: 67,376 @ 40.50p Value: £27,287 Goals Soccer Centres (GOAL) Director name: Mr Graham Wilson Amount purchased: 10,000 @ 150.00p Value: £15,000 RM Group (RM.) Director name: Mr Rob Sirs Amount purchased: 8,194 @ 173.25p Value: £14,196 Brewin Dolphin (BRW) Director name: Mr Jamie Matheson Amount purchased: 11,379 @ 121.00p Value: £13,769 Brit Insurance Holdings NV (BRE) Director name: Mr Kenneth Culley Amount purchased: 1,647 @ 739.13p Value: £12,173 Top Director Sells Diageo (DGE) Director name: Mr Paul S Walsh Amount sold: 99,000 @ 1,088.00p Value: £1,077,120 Rio Tinto (RIO) Director name: Mr Guy R Elliott Amount sold: 19,495 @ 3,460.00p Value: £674,527 Intercede Group (IGP) Director name: Mr Richard Arthur Parris Amount sold: 1,000,000 @ 42.50p Value: £425,000 Carnival (CCL) Director name: Mr Peter Ratcliffe Amount sold: 11,465 @ 2,262.58p Value: £259,405 Education Development International (EDD) Director name: Sir Bryan Nicholson Amount sold: 250,000 @ 136.00p Value: £340,000 RSA Insurance Group (RSA) Director name: Mr George Culmer Amount sold: 211,883 @ 128.07p Value: £271,359 Rathbone Brothers (RAT) Director name: Mr Richard P Lanyon Amount sold: 20,000 @ 825.00p Value: £165,000 Bunzl (BNZL) Director name: Mr Patrick Larmon Amount sold: 23,504 @ 691.11p Value: £162,438 Bunzl (BNZL) Director name: Mr Brian May Amount sold: 20,542 @ 691.11p Value: £141,968 Centrica (CNA) Director name: Mr Mark Hanafin Amount sold: 41,657 @ 282.30p Value: £117,598
©2004-2009 QCK.com
