Daniel Dayan, who was appointed a non-executive director of Stobart Group in July, has bought 40,000 shares following the release of the transport group's interim figures last week. Dayan held no shares before this purchase.
Stobart reported an increase in pre-tax profits from £11m to £12.4m in the six months to August 2009. Revenues improved from £199m to £218m. New contracts have been won with Tesco and Nestle.
Stobart chief executive Andrew Tinkler has separately revealed that he has pledged 7.3m of his shares as security for a loan. He owns 30.5m shares, equivalent to 12.15% of Stobart.
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
Chief operating officer William Stobart has pledged 2.7m of his shares in security for a loan. He owns 11.1m shares, or 4.42% of the issued capital.
Top Director Buys
Value: £57,580
Value: £50,200
Value: £35,100
Value: £31,500
Value: £28,000
Value: £19,785
Value: £16,500
Value: £15,885
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
-
What does Rachel Reeves’s plan for growth mean for UK investors?Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
