New Kingfisher exec swoops for shares

Andrew Bonfield, who was appointed to the board of Kingfisher in February, has opened his account with the home improvement retail group.

The non-executive director bought 10,000 shares at 245.15p a time in the B&Q owner, paying a total of £24,515.

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Kingfisher, which also owns the Castorama and Brico brands in France, raised its dividend for the first time in five years in March after profits bounced back in 2009.

Debt also tumbled and the group has now expanded its capital investment plans.

Total sales from on continuing businesses grew 4.8% to £10.5bn on a reported rate basis, and 1.1% on a constant currency basis. On a like-for-like basis, group sales were down 1.5%.

'Looking ahead, we remain cautious on the outlook for consumer demand across Europe,' chief executive Ian Cheshire said.

'However, we are confident that our experienced management team, successful international strategy and buying scale mean we will be able to drive continued growth through our own actions.'

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CLS Holdings (CLI) Director name: Mr Sten A MortstedtAmount purchased: 49,570 @ 490.00p Value: £242,893

Global Petroleum (GBP) Director name: Mr Mark SavageAmount purchased: 600,000 @ 7.80p Value: £46,800

Aggreko (AGK) Director name: Mr Bill CaplanAmount purchased: 5,700 @ 1,170.00p Value: £66,690

ProStrakan (PSK) Director name: Dr Wilson TottenAmount purchased: 44,736 @ 86.00p Value: £38,473

Natasa Mining Ltd (NSN) Director name: Mr Chrisilios KyriakouAmount purchased: 30,000 @ 95.00p Value: £28,500

Kingfisher (KGF) Director name: Mr Andrew R J BonfieldAmount purchased: 10,000 @ 245.15p Value: £24,515

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Irish Continental Group Units (ICGC) Director name: Mr Anthony (Tony) KellyAmount sold: 37,500 @ € 16.94 Value: € 635,408

Irish Continental Group Units (ICGC) Director name: Mr Gearoid O'DeaAmount sold: 27,500 @ € 16.94 Value: € 465,966

Charter International (CHTR) Director name: Mr Michael G FosterAmount sold: 13,836 @ 752.25p Value: £104,081

Charter International (CHTR) Director name: Mr Robert CarelessAmount sold: 8,648 @ 752.25p Value: £65,055

Charter International (CHTR) Director name: Mr James DeeleyAmount sold: 6,918 @ 752.25p Value: £52,041

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