John Whittaker, deputy chairman of Capital Shopping Centres Group, owner of the Trafford Centre, has done a spot of shopping himself.
Whittaker, who is also a non-executive of the firm, purchased 50,000 shares at 310.60p per share for a total of £155,300.
He joined the firm in January, as part of the deal in which CSC made the £1.65bn purchase of the Trafford Centre from Peel Group, of which Whittaker is chairman.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
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
Peel, which Whittaker founded in 1971, is now CSC's biggest shareholder, owning a 23% stake in the company.
At the end of October, the firm revealed that it has seen no increase in footfall in the three months to the end of October compared to the equivalent period of 2010.
Capital, which specialises in regional shopping centres has, however, seen occupancy remain at 97% and the "year to date" footfall numbers are up 2% on the equivalent period of 2010.
Top Director Buys
Capital Shopping Centres Group (CSCG)
Director name: Mr John Whittaker
Amount purchased: 50,000 @ 310.60p
Value: £155,300
Yell Group (YELL)
Director name: Mr Bob Wigley
Amount purchased: 2,610,000 @ 3.85p
Value: £100,485
Surface Transforms (SCE)
Director name: Mr Richard Douglas Gledhill
Amount purchased: 400,000 @ 9.00p
Value: £36,000
Liontrust Asset Managament (LIO)
Director name: Mr John Stephen Ions
Amount purchased: 50,000 @ 63.00p
Value: £31,500
Liontrust Asset Managament (LIO)
Director name: Mr Alastair Barbour
Amount purchased: 20,000 @ 65.00p
Value: £13,000
Liontrust Asset Managament (LIO)
Director name: Mr Vinay Kumar Abrol
Amount purchased: 20,000 @ 65.00p
Value: £13,000
IFG Group (IFP)
Director name: Mr Aidan Comerford
Amount purchased: 10,000 @ 85.68p
Value: £8,568
Top Director Sells
SABMiller (SAB)
Director name: Mr Graham Mackay
Amount sold: 26,052 @ 2,251.00p
Value: £586,431
Harmony Gold Mining Co Ltd. (HRM)
Director name: Mr Harry E. Mashego
Amount sold: 5,261 @ 867.00p
Value: £45,613
NR
-
Going part-time could leave a £58,000 hole in your pension: how to plug the gapThere are many reasons for switching to part-time work, but some savers don’t consider the impact on their pension until it is too late
-
Three bargain investment trusts to add to your portfolioThese three investment trusts are bargains compared to their net asset value (NAV), but one fund analyst thinks the deep discounts are unwarranted.
