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Cookson chairman buys after rally
28-06-2011 17:49
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The chairman of ceramics, electronics and precious metals supplier Cookson Jeffrey Harris has increased his holding in the company by 50%, spending more than £60,000 on shares.
He took 10,000 shares at 616.2p a go and now has 30,000. Shares in the company have rallied sharply since his last purchase in September, when he took 10,000 shares at 424p a time.
In an update last month, Harris said Cookson's surging profits in 2010 demonstrate how well it has recovered from the 2008/09 global economic crisis. He said trading over the first four months of 2011 has been "very encouraging."
Harris is also chairman of the distribution and outsourcing firm Bunzl and a non-executive director at the newsagent chain WH Smith.
The ceramics business, which trades under the brand names Vesuvius and Foseco, is Cookson's largest division, accounting for more than 60% of profits and revenues in 2010.
Top Director Buys
Cookson Group (CKSN)
Director name: Mr Jeffrey Francis Harris
Amount purchased: 10,000 @ 616.24p
Value: £61,624
F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 35,367 @ 74.22p
Value: £26,249
F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 35,367 @ 74.22p
Value: £26,249
Green Dragon Gas Ltd. (DI) (GDG)
Director name: Mr David Turnbull
Amount purchased: 2,000 @ $9.50
Value: $19,000
Top Director Sells
Investec (INVP)
Director name: Mr Hendrik du Toit
Amount sold: 281,250 @ 475.00p
Value: £1,335,938
Halma (HLMA)
Director name: Mr Neil Quinn
Amount sold: 21,000 @ 399.02p
Value: £83,794
He took 10,000 shares at 616.2p a go and now has 30,000. Shares in the company have rallied sharply since his last purchase in September, when he took 10,000 shares at 424p a time.
In an update last month, Harris said Cookson's surging profits in 2010 demonstrate how well it has recovered from the 2008/09 global economic crisis. He said trading over the first four months of 2011 has been "very encouraging."
Harris is also chairman of the distribution and outsourcing firm Bunzl and a non-executive director at the newsagent chain WH Smith.
The ceramics business, which trades under the brand names Vesuvius and Foseco, is Cookson's largest division, accounting for more than 60% of profits and revenues in 2010.
Top Director Buys
Cookson Group (CKSN)
Director name: Mr Jeffrey Francis Harris
Amount purchased: 10,000 @ 616.24p
Value: £61,624
F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 35,367 @ 74.22p
Value: £26,249
F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 35,367 @ 74.22p
Value: £26,249
Green Dragon Gas Ltd. (DI) (GDG)
Director name: Mr David Turnbull
Amount purchased: 2,000 @ $9.50
Value: $19,000
Top Director Sells
Investec (INVP)
Director name: Mr Hendrik du Toit
Amount sold: 281,250 @ 475.00p
Value: £1,335,938
Halma (HLMA)
Director name: Mr Neil Quinn
Amount sold: 21,000 @ 399.02p
Value: £83,794
| Related share prices |
|---|
| Cookson Group (CKSN) share price |
| Halma (HLMA) share price |
| F&C Asset Management (FCAM) share price |
| Investec (INVP) share price |
| Green Dragon Gas Ltd. (DI) (GDG) share price |
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