Initial share buy by Stobart non-exec
A round-up of the biggest director deals today so far.
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
-
House prices are falling in London but how does it compare to the rest of the UK?
Advice The capital remains the most expensive part of the UK to buy a property, but it isn’t being as badly hit by the housing market slump. Where are London house prices heading?
By Marc Shoffman Published
-
Will a Santa Rally provide festive cheer for investors this year?
News Equities often get a seasonal boost during December - will there be a Santa Rally in 2023?
By Marc Shoffman Published