Stock Market News
Brammer bosses buy into placing
08-09-2011 15:00
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Brammer's chief executive Ian Fraser and finance boss Paul Thwaite have together spent nearly £100,000 on shares in the distributor of motors, gearboxes, sprockets and other industrial products.
They both took 20,833 shares at 240p a time. Fraser now has 1,365,876 shares, or about 1.2% of the company, and Thwaite has 951,619.
The shares were bought as part of a placing announced earlier this month, to fund the acquisition of the business and assets of Buck & Hickman, a distributor of industrial products from building materials provider Travis Perkins.
Top Director Buys
Mountview Estate (MTVW)
Director name: Mr Duncan M Sinclair
Amount purchased: 2,500 @ 4,050.00p
Value: £101,250
Brammer (BRAM)
Director name: Mr Ian Fraser
Amount purchased: 20,833 @ 240.00p
Value: £49,999
Brammer (BRAM)
Director name: Mr Paul Thwaite
Amount purchased: 20,833 @ 240.00p
Value: £49,999
Huntsworth (HNT)
Director name: Mr Colin R Adams
Amount purchased: 45,000 @ 58.50p
Value: £26,325
Stadium Group (SDM)
Director name: Mr Nick P Brayshaw
Amount purchased: 15,000 @ 68.00p
Value: £10,200
Top Director Sells
Discovery Metals Ltd. (CDI) (DME)
Director name: Mr Ribson Champion Gabonowe
Amount sold: 300,000 @ 94.89p
Value: £284,670
City of London Investment Group (CLIG)
Director name: Mr Thomas W Griffith
Amount sold: 16,650 @ 365.37p
Value: £60,834
They both took 20,833 shares at 240p a time. Fraser now has 1,365,876 shares, or about 1.2% of the company, and Thwaite has 951,619.
The shares were bought as part of a placing announced earlier this month, to fund the acquisition of the business and assets of Buck & Hickman, a distributor of industrial products from building materials provider Travis Perkins.
Top Director Buys
Mountview Estate (MTVW)
Director name: Mr Duncan M Sinclair
Amount purchased: 2,500 @ 4,050.00p
Value: £101,250
Brammer (BRAM)
Director name: Mr Ian Fraser
Amount purchased: 20,833 @ 240.00p
Value: £49,999
Brammer (BRAM)
Director name: Mr Paul Thwaite
Amount purchased: 20,833 @ 240.00p
Value: £49,999
Huntsworth (HNT)
Director name: Mr Colin R Adams
Amount purchased: 45,000 @ 58.50p
Value: £26,325
Stadium Group (SDM)
Director name: Mr Nick P Brayshaw
Amount purchased: 15,000 @ 68.00p
Value: £10,200
Top Director Sells
Discovery Metals Ltd. (CDI) (DME)
Director name: Mr Ribson Champion Gabonowe
Amount sold: 300,000 @ 94.89p
Value: £284,670
City of London Investment Group (CLIG)
Director name: Mr Thomas W Griffith
Amount sold: 16,650 @ 365.37p
Value: £60,834
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