Recently appointed British American Tobacco chairman Richard burrows has bought 10,000 shares in the cigarettes supplier. He previously held no shares in the company. His initial investment is just short of £200,000.
the shares were acquired for 1,949.35p each.
Burrows has a background in the drinks industry. He has previously been boss of Irish Distillers and Pernod Ricard. He subsequently became Governor of the Bank of Ireland. BATS released a positive trading statement for the nine months to the end of September 2009. Revenue for the period grew strongly in constant currency terms, driven by increasing selling prices and volume growth contributed by acquisitions.
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The most recent acquisition was that of Bentoel, an Indonesia tobacco supplier, in June 2009.
Top Director Buys
Dolphin Capital Investors (DCI) Director name: Mr Miltos KambouridesAmount purchased: 13,618,387 @ 44.00p Value: £5,992,090
British American Tobacco (BATS) Director name: Mr Richard BurrowsAmount purchased: 10,000 @ 1,949.35p Value: £194,935
Enterprise Inns (ETI) Director name: Mr David C GeorgeAmount purchased: 125,000 @ 96.85p Value: £121,062
Speymill Deutsche Immobilien (SDIC) Director name: Mr James (Jim) MellonAmount purchased: 200,000 @ € 0.28 Value: € 55,000
Kingspan Group (KGP) Director name: Ms Helen KirkpatrickAmount purchased: 8,277 @ € 5.95 Value: € 49,248
Enterprise Inns (ETI) Director name: Mr Graham E (Ted) TuppenAmount purchased: 43,760 @ 96.85p Value: £42,382
Enterprise Inns (ETI) Director name: Mr David C GeorgeAmount purchased: 23,476 @ 96.85p Value: £22,737
Enterprise Inns (ETI) Director name: Mr W Simon TownsendAmount purchased: 23,476 @ 96.85p Value: £22,737
Johnston Press (JPR) Director name: Mr Ian M RussellAmount purchased: 65,537 @ 24.45p Value: £16,024
Chaucer Holdings (CHU) Director name: Mr Richard T ScholesAmount purchased: 25,000 @ 46.05p Value: £11,512
Top Director Sells
Anglo American (AAL) Director name: Ms Cynthia Blum CarrollAmount sold: 43,082 @ 2,595.11p Value: £1,118,025
Anglo American (AAL) Director name: Mr Rene MedoriAmount sold: 27,926 @ 2,595.11p Value: £724,710
Enterprise Inns (ETI) Director name: Mr David C GeorgeAmount sold: 250,000 @ 96.85p Value: £242,125
Aveva Group (AVV) Director name: Mr Richard LongdonAmount sold: 10,578 @ 991.00p Value: £104,828
Aveva Group (AVV) Director name: Mr Paul R TaylorAmount sold: 7,056 @ 991.00p Value: £69,925
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