Whitbread director doubles stake

published 25 July 2011

Stephen Williams, a director at the Costa Coffee and Premier Inns owner Whitbread, has more than doubled his stake in the company with a £79,000 purchase.He took 5,000 shares at 1,580p a pop and now has 9,344.Williams was chief legal officer at the household goods giant Unilever from 1993 to 2010.Whitbread last month said strong sales growth at its coffee shops helped to to offset subdued activity in its restaurant division, which includes the Beefeater Grill and Brewers Fayre chains - to grow total sales by 9.2% in first quarter.Top Director BuysKofax (KFX) Director name: Mr James Arnold, Jr.Amount purchased: 25,000 @ 468.30p Value: £117,075Whitbread (WTB) Director name: Mr Stephen WilliamsAmount purchased: 5,000 @ 1,580.00p Value: £79,000Fulcrum Utility Services Ltd. (DI) (FCRM) Director name: Mr Stephen GutteridgeAmount purchased: 100,000 @ 15.50p Value: £15,500Strategic Natural Resources (SNRP) Director name: Mr Edward David CoxAmount purchased: 75,000 @ 17.50p Value: £13,125