The Deputy Chairman of retail-focused real estate investment trust Capital Shopping Centres Group (CSCG) has today bought a quarter of a million shares in the firm, topping up his already sizeable stake.
John Whittaker, who took his position on the board in January of last year, purchased 250,000 ordinary shares at 328.79p for a total of £821,975.
This transaction, which accounts for less than 1% of the total issued share capital of CSCG, takes his total interest in ordinary shares to 173,930,564, equal to a 20.21% stake in the group.
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Whittaker, a founder of the Peel Group, first obtained a large interest in CSCG when joining the company last year through the sale of the Trafford Centre from Peel to CSCG. He still holds the Chairman position at Peel.
Top Director Buys
Capital Shopping Centres Group (CSCG)
Director name: Mr John Whittaker
Amount purchased: 250,000 @ 328.79p
Value: £821,975
Tristel (TSTL)
Director name: Mr Francisco Angel Soler
Amount purchased: 150,000 @ 33.00p
Value: £49,500
Top Director Sells
Beazley (BEZ)
Director name: Mr Martin Bride
Amount sold: 123,935 @ 139.10p
Value: £172,394
Tristel (TSTL)
Director name: Mr Peter F H Stephens
Amount sold: 150,000 @ 32.90p
Value: £49,350
BC
