Director dealings: DMGT trio buy after results disappointment
Daily Mail and General Trust A (Non.V)
270.00p
16:40 07/01/22
Daily Mail and General Trust chairman Lord Rothermere and his new CEO and CFO bought £0.3m of shares on Friday, following disappointing interim results the day before.
Media
12,522.60
15:45 15/11/24
Newspaper baron Rothermere, known to his less formal friends as Jonathan Harmsworth and with a net worth topping £900m, bought just over £99,100 worth of non-voting shares at a price of 694.30p, while chief executive Paul Zwillenberg forked out for £99,250 at 691.00p and recently appointed finance director Tim Collier for another £99,250 at the highest price of 696.5p.
Half year results on Thursday disappointed investors and sent the shares down around 7% as they showed further reductions in earnings per share not long after EPS expectations were rebased in DMGT's first-quarter update.
The media division performed relatively well with MailOnline like-for-like sales up 19%, helped by Facebook/Snapchat partnerships adding users and inventory, leading DMGT to make push a theme of its "path to profitability".
Analysts at Investec see good value upside in DMGT’s portfolio of businesses with new management as a potential catalyst, with the company's long-time digital advisor Zwillenberg appointed last year.
"While we feel somewhat bruised, recent share price falls therefore look a long term buying opportunity in our view," they said on Friday.
Top Director Buys
Daily Mail And General Trust A (non.v) (DMGT)
Director name: Collier,Tim
Amount purchased: 14,250 @ 696.50p
Value: £99,251.25
Daily Mail And General Trust A (non.v) (DMGT)
Director name: Zwillenberg,Paul
Amount purchased: 14,363 @ 691.00p
Value: £99,248.33
Daily Mail And General Trust A (non.v) (DMGT)
Director name: Rothermere,The Viscount
Amount purchased: 14,275 @ 694.30p
Value: £99,111.32
British Land Company (BLND)
Director name: Grigg,Chris
Amount purchased: 11,663 @ 633.00p
Value: £73,826.79
British Land Company (BLND)
Director name: Bell,Lucinda
Amount purchased: 6,845 @ 633.00p
Value: £43,328.85
British Land Company (BLND)
Director name: Maudsley,Charles
Amount purchased: 6,445 @ 633.00p
Value: £40,796.85
British Land Company (BLND)
Director name: Roberts,Timothy Andrew
Amount purchased: 6,196 @ 633.00p
Value: £39,220.68
Plant Health Care (PHC)
Director name: Webb,Richard
Amount purchased: 80,825 @ 30.00p
Value: £24,247.50
Caledonia Mining Corporation (di) (CMCL)
Director name: Learmonth ,John Mark
Amount purchased: 14,280 @ 97.00p
Value: £13,851.60
Primorus Investments (PRIM)
Director name: Clayton,Alastair
Amount purchased: 10,000,000 @ 0.12p
Value: £12,450.00
Martin Currie Asia Unconstrained Trust (MCP)
Director name: Wells,Richard Harry
Amount purchased: 3,000 @ 378.84p
Value: £11,365.20
Easyhotel (EZH)
Director name: Lane,Jonathan S
Amount purchased: 10,000 @ 94.00p
Value: £9,400.00
Martin Currie Asia Unconstrained Trust (MCP)
Director name: Wells,Richard Harry
Amount purchased: 1,000 @ 378.84p
Value: £3,788.40
Easyhotel (EZH)
Director name: Lane,Jonathan S
Amount purchased: 3,000 @ 95.00p
Value: £2,850.00
Centrica (CNA)
Director name: Pusey,Stephen
Amount purchased: 1,138 @ 205.57p
Value: £2,339.33
Centrica (CNA)
Director name: Valle,Margherita D.
Amount purchased: 963 @ 205.57p
Value: £1,979.59
Sky (SKY)
Director name: Pigasse,Matthieu
Amount purchased: 96 @ 1,001.00p
Value: £960.96
Sky (SKY)
Director name: Gilbert,Martin J
Amount purchased: 91 @ 1,001.00p
Value: £910.91
Sky (SKY)
Director name: Sukawaty,Andrew (Andy)
Amount purchased: 89 @ 1,001.00p
Value: £890.89
Spirent Communications (SPT)
Director name: Hutchinson,Eric G
Amount purchased: 492 @ 120.25p
Value: £591.63
Sky (SKY)
Director name: Clarke,Tracy Jayne
Amount purchased: 56 @ 1,001.00p
Value: £560.56
Standard Life (SL.)
Director name: Skeoch,Keith
Amount purchased: 32 @ 386.80p
Value: £123.78
Top Director Sells
Dalata Hotel Group (DAL)
Director name: McKeon,Seán
Amount sold: 15,606 @ 519.00p
Value: £80,995.14
Petards Group (PEG)
Director name: Abdullah,Raschid Michael
Amount sold: 122,500 @ 33.50p
Value: £41,037.50