Non-exec Allwood changes Carphone number to 10000
A round-up of the biggest director deals today so far.
John Allwood, non-executive director of mobile phones seller Carphone Warehouse has rounded up his holding in the company to 10,000 shares.
Allwood bought 6,500 shares at 303.9p each, at a cost of just under £20,000, as the shares hit a new 52-week low on Thursday.
The company's share price has been hit this month by the decision to close its 'big-box' Best Buy stores in the UK and sell off its interest in Best Buy Mobile in the US.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.jpg)
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Not even the promise of returning a chunk of money to shareholders has been enough to reverse the downward path of the share price.
Allwood joined the board of Carphone Warehoue in 2010. He is also a non-executive director of TalkTalk Telecom Group, the company that was demerged from Carphone Warehouse. He is also Group Finance Director of Mecom Group, the media group.
Top Director Buys
Banco Santander SA (BNC)
Director name: Mr Francisco Luzon Lopez
Amount purchased: 9,524 @ 451.23p
Value: £42,974
Banco Santander SA (BNC)
Director name: Mr Francisco Luzon Lopez
Amount purchased: 9,345 @ 462.12p
Value: £43,185
Iofina (IOF)
Director name: Dr Chris E Fay
Amount purchased: 100,000 @ 20.00p
Value: £20,000
Carphone Warehouse Group (CPW)
Director name: Mr John Allwood
Amount purchased: 6,500 @ 303.90p
Value: £19,753
Renold (RNO)
Director name: Mr Brian Tenner
Amount purchased: 75,000 @ 26.10p
Value: £19,575
IGas Energy (IGAS)
Director name: Mr John Blaymires
Amount purchased: 20,000 @ 51.25p
Value: £10,250
Top Director Sells
Share Plc (SHRE)
Director name: Mr Iain Paul Wallace
Amount sold: 200,000 @ 21.00p
Value: £42,000
--
jh
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Regulator moves to protect access to cash amid branch closures and disappearing ATMs
News The Financial Conduct Authority has told banks to start assessing if local communities have adequate cash access from mid-September
By Marc Shoffman Published
-
VAT hike on private school fees could come earlier than previously expected
The government could start charging VAT on private school fees as soon as January 2025, according to the latest reports. What does it mean for parents?
By Katie Williams Published