Booker chief exec buys in bulk
A round-up of the biggest director deals today so far.
Booker chief executive Charles Wilson bought 2m shares in the cash and carry operator today, spending £440,000.
Following the purchase, which was made at 22p a share, he now owns about 8.3% of the company.
Fellow board member Kevin Lyon took 200,000 shares, also at 22p a time, doubling his holding to 400,000 shares.
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Booker, which is the UK's largest wholesaler, said last month it had performed ahead of expectations for the full year, with full year profits up 27% to £36.2m on sales that rose 2.3% to £3.1bn, but warned that challenges remain.
Market conditions over the past year have been challenging due to cooling in the economy and the smoking ban in public places, the company observed.
Speaking about the results, Wilson said: "It has been a year of steady delivery for Booker. Customer satisfaction has improved, sales have increased, operating profits are up 29%, net debt is down 38% and we integrated Blueheath. We made good progress, but there is a lot more to do."
Booker merged with Blueheath, which sells groceries to retail and leisure outlets in the UK, in June 2007.
Wilson was appointed chief executive of Booker in 2005, having become an executive director in 1998. He has also been an executive director with the clothing retailer Arcadia, which owns the Burton and Dorothy Perkins chains, and Marks and Spencer.
Elsewhere in directors' deals, Dominos Pizza announced this afternoon that two directors sold a combined total of nearly £20m in shares in the company.
Non-executive director Nigel Wray sold 9.5m shares at 180p a go, or a total of £17.1m, meaning he now has just less than 27m shares, about 16.75% of the company.
Executive chairman Stephen Hemsley sold 1m shares at the same price, taking £1.8m, and now has just more than 6m shares.
The announcement was made following heavy falls in the company's share price this morning.
Top Director Buys
Booker Group (BOK)
Director name: Mr Charles Wilson
Amount purchased: 2,000,000 @ 22.00p
Value: £440,000
Dolphin Capital Investors (DCI)
Director name: Mr Miltos Kambourides
Amount purchased: 300,000 @ 108.50p
Value: £325,500
Marwyn Materials (MMAT)
Director name: Mr David Williams
Amount purchased: 1,000,000 @ 15.00p
Value: £150,000
Anglo American (AAL)
Director name: Sir CK Chow
Amount purchased: 4,000 @ 3,476.00p
Value: £139,040
Integrated Asset Management (IAM)
Director name: Mr Detlef Bierbaum
Amount purchased: 200,000 @ 57.00p
Value: £114,000
Vyke Communications (VYKE)
Director name: Mr Tommy B Jensen
Amount purchased: 119,960 @ 87.00p
Value: £104,365
Monitise (MONI)
Director name: Mr Duncan J McIntyre
Amount purchased: 500,000 @ 12.00p
Value: £60,000
Livermore Investments (LIV)
Director name: Mr Noam Lanir
Amount purchased: 200,000 @ 28.00p
Value: £56,000
Mediterranean Oil & Gas (MOG)
Director name: Mr Michael Bonte-Friedheim
Amount purchased: 30,000 @ 166.50p
Value: £49,950
Booker Group (BOK)
Director name: Mr Kevin Lyon
Amount purchased: 200,000 @ 22.00p
Value: £44,000
Top Director Sells
Domino's Pizza UK & IRL (DOM)
Director name: Mr Nigel Wray
Amount sold: 9,500,000 @ 180.00p
Value: £17,100,000
Domino's Pizza UK & IRL (DOM)
Director name: Mr Stephen Hemsley
Amount sold: 1,000,000 @ 180.00p
Value: £1,800,000
Moss Bros (MOSB)
Director name: Mr Rowland Gee
Amount sold: 2,000,000 @ 45.00p
Value: £900,000
Majestic Wine (MJW)
Director name: Mr Timothy F How
Amount sold: 94,200 @ 211.00p
Value: £198,762
Vyke Communications (VYKE)
Director name: Mr Kjetil Langland Bohn
Amount sold: 119,960 @ 87.00p
Value: £104,365
Hornby (HRN)
Director name: Mr Frank Martin
Amount sold: 19,000 @ 159.80p
Value: £30,362
Hornby (HRN)
Director name: Mr J W Stansfield
Amount sold: 17,135 @ 159.80p
Value: £27,382
Hornby (HRN)
Director name: Mr Frits Passet
Amount sold: 13,513 @ 159.80p
Value: £21,594
Hornby (HRN)
Director name: Mr Micheal Walters
Amount sold: 9,600 @ 159.80p
Value: £15,341
Hornby (HRN)
Director name: Mr Nicholas Cole
Amount sold: 8,991 @ 159.80p
Value: £14,368
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