Directors dealings: TalkTalk non-exec piles in

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Sharecast News | 30 Nov, 2016

Updated : 19:03

Talk Talk's Roger Taylor showed conviction in the broadband provider's prospects, making away with a very large number of shares via two purchases.

The non-executive director paid a total of £3.17m for 2.0m shares in two transactions carried out on 28 and 29.

The company's shares had been under intense pressure of late, including over worries regarding the sustainability of the firm's dividend.

On 21 November, analyst Nick Delfas at Redburn slashed his target price on the stock from 150p to 100p and downgraded his recommendation from 'neutral' to 'sell'.

Talk Talk´s strategy of raising prices on a shrinking customer base was a poor proposition, even more so with growth in the overall market flat, Delfas said.

Top Director Buys

Talktalk Telecom Group (TALK)
Director name: Taylor,Roger
Amount purchased: 1,159,369 @ 155.78p
Value: £1,806,105.59

Talktalk Telecom Group (TALK)
Director name: Taylor,Roger
Amount purchased: 840,631 @ 162.27p
Value: £1,364,112.95

Gb Group (GBG)
Director name: Rasche,David A
Amount purchased: 41,500 @ 240.00p
Value: £99,600.00

Oilex Ltd. (OEX)
Director name: Salomon ,Jonathan
Amount purchased: 12,987,013 @ $0.01
Value: $82,203.04

Vpc Specialty Lending Investments (VSL)
Director name: Levy,Richard
Amount purchased: 87,112 @ 70.88p
Value: £61,744.99

C4x Discovery Holdings (C4XD)
Director name: Dix,Clive
Amount purchased: 40,000 @ 97.00p
Value: £38,800.00

Hogg Robinson Group (HRG)
Director name: Hubka,Ashley
Amount purchased: 50,000 @ 68.00p
Value: £34,000.00

Cls Holdings (CLI)
Director name: Mortstedt,Philip
Amount purchased: 1,000 @ 1,589.92p
Value: £15,899.24

Porvair (PRV)
Director name: Stocks,Ben
Amount purchased: 3,997 @ 334.00p
Value: £13,349.98

Porvair (PRV)
Director name: Stocks,Ben
Amount purchased: 2,247 @ 386.00p
Value: £8,673.42

Record (REC)
Director name: Cullen,Steve
Amount purchased: 704 @ 32.00p
Value: £225.28

Arrow Global Group (ARW)
Director name: Hamilton,Stewart
Amount purchased: 51 @ 297.10p
Value: £151.52

Harvey Nash Group (HVN)
Director name: Ellis,Albert
Amount purchased: 221 @ 68.00p
Value: £150.28

Harvey Nash Group (HVN)
Director name: Ashcroft,Richard
Amount purchased: 221 @ 68.00p
Value: £150.28

Harvey Nash Group (HVN)
Director name: Wassall,Simon
Amount purchased: 221 @ 68.00p
Value: £150.28

Rockhopper Exploration (RKH)
Director name: MacDonald,Stewart
Amount purchased: 674 @ 22.25p
Value: £149.96

(CHT)
Director name: Parmar,Paul P
Amount purchased: 2,962,804 @ n/a
Value: n/a

Top Director Sells

Auto Trader Group (AUTO)
Director name: Glithero,Sean
Amount sold: 600,000 @ 398.75p
Value: £2,392,493.96

Gb Group (GBG)
Director name: Law,Richard Anthony
Amount sold: 850,000 @ 240.00p
Value: £2,040,000.08

Datatec Ltd. (di) (DTC)
Director name: Seabrooke,Christopher S
Amount sold: 348,437 @ R46.37
Value: R967,428.38

Dechra Pharmaceuticals (DPH)
Director name: Page,Ian
Amount sold: 58,633 @ 1,280.00p
Value: £750,502.41

Datatec Ltd. (di) (DTC)
Director name: Seabrooke,Christopher S
Amount sold: 151,563 @ R45.59
Value: R413,701.86

Altitude Group (ALT)
Director name: Varley,Martin Roy
Amount sold: 500,000 @ 79.00p
Value: £395,000.01

Gb Group (GBG)
Director name: Law,Richard Anthony
Amount sold: 150,000 @ 243.00p
Value: £364,500.01

Dechra Pharmaceuticals (DPH)
Director name: Griffin ,Tony
Amount sold: 17,133 @ 1,292.00p
Value: £221,358.36

(CHT)
Director name: Parmar,Paul P
Amount sold: 6,993,563 @ n/a
Value: n/a

(CHT)
Director name: Parmar,Paul P
Amount sold: 2,962,804 @ n/a
Value: n/a

(CHT)
Director name: Parmar,Paul P
Amount sold: 17,862,074 @ n/a
Value: n/a

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