Stock Market News
Hunting Chairman reduces family trust holding
Richard Hunting, the non-Executive Chairman of FTSE 250-listed energy services provider Hunting, has reduced the Hunting Family Trusts' stake in the company.
Some 35,796 shares were disposed of for an average price of 857.8p a share, raising £307,058.
Richard, who is a trustee of the Hunting Family Trusts, continued to hold a beneficial interest of 463,306 shares.
At the end of August the group issued a statement saying subdued rig activity levels in Canada and excess inventories held by customers had hurt half-year underlying profit, but said it was confident in the longer term outlook for the industry.
The British-based supplier to the oil and gas industry said underlying profit from operations fell 5.4% to £61.2m for the six months to June 30th 2013. Pre-tax profit from continuing operations rose to £38.9m from £37.2m the year before. Revenue increased 4.3% to £424.4m.
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Amount sold: 2,672 @ € 12.30
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NR
Some 35,796 shares were disposed of for an average price of 857.8p a share, raising £307,058.
Richard, who is a trustee of the Hunting Family Trusts, continued to hold a beneficial interest of 463,306 shares.
At the end of August the group issued a statement saying subdued rig activity levels in Canada and excess inventories held by customers had hurt half-year underlying profit, but said it was confident in the longer term outlook for the industry.
The British-based supplier to the oil and gas industry said underlying profit from operations fell 5.4% to £61.2m for the six months to June 30th 2013. Pre-tax profit from continuing operations rose to £38.9m from £37.2m the year before. Revenue increased 4.3% to £424.4m.
Top Director Buys
Norcon (NCON)
Director name: Mr Jørn Arve Longem
Amount purchased: 1,641,600 @ 16.25p
Value: £266,760
Blackstar Group SE (DI) (BLCK)
Director name: Mr Andrew Bonamour
Amount purchased: 300,000 @ 75.00p
Value: £225,000
@UK (ATUK)
Director name: Mr Patrick Broughton
Amount purchased: 90,909 @ 33.00p
Value: £30,000
Melrose Industries (MRO)
Director name: Ms Liz Hewitt
Amount purchased: 6,550 @ 304.95p
Value: £19,974
Top Director Sells
Ashmore Group (ASHM)
Director name: Mr Graeme John Dell
Amount sold: 733,547 @ 397.19p
Value: £2,913,575
Dairy Farm International Holdings Ltd. (Singapore) (DFI)
Director name: Mr Michael Kok
Amount sold: 9,000 @ $11.02
Value: $99,225
Kingspan Group (KGP)
Director name: Mr Lorcan Dowd
Amount sold: 2,672 @ € 12.30
Value: € 32,866
NR
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