Santander chairman banks on future success

Santander’s executive chairman Ana Botin has been snapping up shares in a bid to show confidence in the bank.

It comes after the Spanish bank missed analysts’ expectations with only a 2.6% rise in annual profits.

The company said on Wednesday that it had put aside an extra £450m to cover an expected increase in PPI claims over the next two years.

Botin purchased a total package of 200,000 shares over the course of Thursday for just over £633,000.

It gives her a total shareholding of 73,133,193 share, representing a 0.508% stake.

The bank’s shares were up 3.62p (1.24%) to 296p at 1530 GMT.

Top Director Buys

Banco Santander S.A. (BNC)
Director name: Ms Ana Patricia Botin
Amount purchased: 117,162 @ 303.21p
Value: £355,259

Electra Private Equity (ELTA)
Director name: Mr Edward Bramson
Amount purchased: 4,859 @ 3,424.00p
Value: £166,372

Banco Santander S.A. (BNC)
Director name: Ms Ana Patricia Botin
Amount purchased: 29,730 @ 393.00p
Value: £116,839

Banco Santander S.A. (BNC)
Director name: Ms Ana Patricia Botin
Amount purchased: 29,396 @ 302.76p
Value: £88,999

Halfords Group (HFD)
Director name: Mr Jonny Mason
Amount purchased: 25,000 @ 374.99p
Value: £93,748

Halfords Group (HFD)
Director name: Mr Jonny Mason
Amount purchased: 25,000 @ 367.20p
Value: £91,800

FirstGroup (FGP)
Director name: Mr Wolfhart Hauser
Amount purchased: 80,000 @ 92.91p
Value: £74,328

Reconstruction Capital II Ltd. (RC2)
Director name: Mr Mihai Radoi
Amount purchased: 287,500 @ € 0.22
Value: € 62,531

Banco Santander S.A. (BNC)
Director name: Ms Ana Patricia Botin
Amount purchased: 13,712 @ 302.15p
Value: £41,431

Banco Santander S.A. (BNC)
Director name: Ms Ana Patricia Botin
Amount purchased: 10,000 @ 304.74p
Value: £30,474

There were no director sells at the time of publication