Ashley House directors build stakes

Directors bought stakes in Ashley House following the care home builder's interim results yesterday.

Six directors took stakes in the company, with the biggest coming from chairman William Wells, deputy chairman Stephen Minion, chief executive Jonathan Holmes and finance director Antony Waters. They each took 88,000 shares at 28p a time, paying nearly £25,000 each.

Minion is the biggest shareholder among the directors who splashed out. He now has more than 3.8m shares or about 6.66% of the company

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The purchases came on the same day the company said reported a fall in pre-tax profits amid difficult conditions "created by the current uncertainty about the future direction of the NHS."

Ashley House has a large portfolio of properties across England.

Top Director Buys

Tinci Holdings Ltd. (DI) (TNCI) Director name: Mr Xu JinfuAmount purchased: 10,876,565 @ 20.40p Value: £2,218,819

ARC Capital Holdings Ltd. (ARCH) Director name: Mr Guy HealdAmount purchased: 60,000 @ $1.21 Value: $72,300

Utilico Investments Ltd (DI) (UTL) Director name: Mrs Susan HansenAmount purchased: 30,000 @ 171.00p Value: £51,300

Castings (CGS) Director name: Mr Gerard Bernard WainwrightAmount purchased: 10,000 @ 265.00p Value: £26,500

Ashley House (ASH) Director name: Mr J HolmesAmount purchased: 88,000 @ 28.00p Value: £24,640

Ashley House (ASH) Director name: Sir Sir William WellsAmount purchased: 88,000 @ 28.00p Value: £24,640

Ashley House (ASH) Director name: Mr Tony WaltersAmount purchased: 88,000 @ 28.00p Value: £24,640

Ashley House (ASH) Director name: Mr S G MinionAmount purchased: 88,000 @ 28.00p Value: £24,640

Ashley House (ASH) Director name: Mr Andrew GibsonAmount purchased: 68,000 @ 28.00p Value: £19,040

Securities Trust of Scotland (STS) Director name: Ms Rachel BeaglesAmount purchased: 12,092 @ 107.00p Value: £12,938

Top Director Sells

Tinci Holdings Ltd. (DI) (TNCI) Director name: Ms Wang KeerAmount sold: 10,876,565 @ 20.40p Value: £2,218,819