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Kesa non-exec buys
14-02-2011 16:45
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Alan Parker has bought his first shares in consumer electronics retailer Kesa Electricals since being appointed a non-executive director last October.
Parker has acquired 20,000 shares in the owner retailer Comet for 133p each - a total outlay of £26,600.
Parker was previously chief executive of Whitbread.
Comet had a poor start to December and even though it did better after Christmas Kesa warned in January that its profit for the year to April 2011 would be at the lower end of expectations.
Comet's sales for the three months to 18 January fell 6.5% in local currency and 7.3% like-for-like. They were down 3.7% like-for-like in the first half.
French retailer Darty's sales were up just 0.4% in local currency and down 1.8% like-for-like.
Total revenue for the group was up 0.4% in the third quarter, but down 4% on a like for like basis because of "difficult market conditions". Poor weather is estimated to have sliced 2% off sales.
Top Director Buys
Kesa Electricals (KESA)
Director name: Mr Alan C Parker
Amount purchased: 20,000 @ 133.00p
Value: £26,600
Aberdeen New Thai Inv Trust (ANW)
Director name: Mr James Robinson
Amount purchased: 10,000 @ 239.00p
Value: £23,900
Worldspreads Group (WSPR)
Director name: Mr Conor Foley
Amount purchased: 25,000 @ 55.00p
Value: £13,750
Amiad Filtration Systems Ltd. (AFS)
Director name: Mr Simon Myers Olswang
Amount purchased: 5,000 @ 222.00p
Value: £11,100
Top Director Sells
ContentFilm (CFL)
Director name: Mr Kerry McCluggage
Amount sold: 7,000,000 @ 1.00p
Value: £70,000
Parker has acquired 20,000 shares in the owner retailer Comet for 133p each - a total outlay of £26,600.
Parker was previously chief executive of Whitbread.
Comet had a poor start to December and even though it did better after Christmas Kesa warned in January that its profit for the year to April 2011 would be at the lower end of expectations.
Comet's sales for the three months to 18 January fell 6.5% in local currency and 7.3% like-for-like. They were down 3.7% like-for-like in the first half.
French retailer Darty's sales were up just 0.4% in local currency and down 1.8% like-for-like.
Total revenue for the group was up 0.4% in the third quarter, but down 4% on a like for like basis because of "difficult market conditions". Poor weather is estimated to have sliced 2% off sales.
Top Director Buys
Kesa Electricals (KESA)
Director name: Mr Alan C Parker
Amount purchased: 20,000 @ 133.00p
Value: £26,600
Aberdeen New Thai Inv Trust (ANW)
Director name: Mr James Robinson
Amount purchased: 10,000 @ 239.00p
Value: £23,900
Worldspreads Group (WSPR)
Director name: Mr Conor Foley
Amount purchased: 25,000 @ 55.00p
Value: £13,750
Amiad Filtration Systems Ltd. (AFS)
Director name: Mr Simon Myers Olswang
Amount purchased: 5,000 @ 222.00p
Value: £11,100
Top Director Sells
ContentFilm (CFL)
Director name: Mr Kerry McCluggage
Amount sold: 7,000,000 @ 1.00p
Value: £70,000
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