BAE Systems's heir presumptive picks up shares
BAE's heir presumptive to its current chief, Ian King, picked up a sizeable number of shares the day after being assigned responsibility for the aerospace engineer's UK defence and cyber units.
Aerospace and Defence
11,646.40
15:45 15/11/24
BAE Systems
1,286.50p
15:45 15/11/24
FTSE 100
8,060.61
15:45 15/11/24
FTSE 350
4,453.56
15:45 15/11/24
FTSE All-Share
4,411.85
15:45 15/11/24
Charles Woodburn was now widely-tipped to replace Kind when he stepped down from the helm of the company, possibly in 2017.
Woodburn picked up 26,498 shares at an individual price of 536p for a total consideration of £142,029.28 on 22 September, the company said in a statement.
On 16 September, ratings agency S&P downgraded the aerospace group's long-term dent rating from BBB+ to BBB, assigning a 'neutral' outlook to the same.
S&P analysts referenced the company's weak debt metrics in the face of a substantial shortfall in its pensions as their chief concern.
Top Director Buys
Bae Systems (BA.)
Director name: Woodburn,Charles
Amount purchased: 26,498 @ 536.00p
Value: £142,029.28
Smart Metering Systems (SMS)
Director name: Greenwood,Miriam
Amount purchased: 4,650 @ 545.50p
Value: £25,365.75
Highcroft Investment (HCFT)
Director name: Hewitt,John
Amount purchased: 2,000 @ 883.50p
Value: £17,670.00
Northern Bear (NTBR)
Director name: Roy Jennings,Graham
Amount purchased: 22,222 @ 45.00p
Value: £9,999.90
Puricore (PURI)
Director name: Spicer,Charles
Amount purchased: 17,319 @ 28.87p
Value: £5,000.00
Puricore (PURI)
Director name: Spicer,Charles
Amount purchased: 17,482 @ 28.60p
Value: £4,999.85
Johnson Matthey (JMAT)
Director name: Garner,Nicholas
Amount purchased: 12 @ 3,287.00p
Value: £394.44
Johnson Matthey (JMAT)
Director name: Kelleher,Annette
Amount purchased: 12 @ 3,287.00p
Value: £394.44
Johnson Matthey (JMAT)
Director name: Garner,Nicholas
Amount purchased: 12 @ 3,287.00p
Value: £394.44
Johnson Matthey (JMAT)
Director name: Farrant,Simon
Amount purchased: 12 @ 3,287.00p
Value: £394.44
Johnson Matthey (JMAT)
Director name: Walker,John
Amount purchased: 9 @ 3,287.00p
Value: £295.83
Johnson Matthey (JMAT)
Director name: MacLeod,Robert
Amount purchased: 9 @ 3,287.00p
Value: £295.83
Law Debenture Corp. (LWDB)
Director name: Adams,Michael
Amount purchased: 29 @ 505.50p
Value: £146.59
Fidessa Group (FDSA)
Director name: Skelton ,Andy
Amount purchased: 5 @ 2,476.00p
Value: £123.80
Fidessa Group (FDSA)
Director name: Aspinwall,Chris
Amount purchased: 5 @ 2,476.00p
Value: £123.80
Fidessa Group (FDSA)
Director name: Hamer,John
Amount purchased: 5 @ 2,476.00p
Value: £123.80
Top Director Sells
Alliance Pharma (APH)
Director name: Dawson,John
Amount sold: 3,000,000 @ 45.25p
Value: £1,357,499.96
Fisher (james) & Sons (FSJ)
Director name: Henry,Nick
Amount sold: 7,989 @ 1,628.00p
Value: £130,060.93
Globaldata (DATA)
Director name: Pyper,Simon
Amount sold: 18,000 @ 375.00p
Value: £67,500.00
Fisher (james) & Sons (FSJ)
Director name: Henry,Nick
Amount sold: 3,940 @ 1,650.00p
Value: £65,010.00