News

Mondi director takes more shares

12 June 2008 16:43:00

Peter Oswald, chief executive of paper producer Mondi's Europe and international division, spent more than £60,000 on shares in the company yesterday, it revealed today.

He bought 10,000 shares at 325.8p a share and the same number at 318.8p a share, taking his holding in the company to 120,000 shares.

Mondi's share price has slipped slightly since Oswald last bought in on June 2, taking 10,000 shares at 354.5p a go.

On May 2, Mondi, which makes paper and packaging products from trees grown in South Africa and Russia, said it was confident of making progress over 2008, despite uncertainty over pricing and demand developments.
Top Director Buys

Allied Irish Banks (ALBK)
Director name: Mr Dermot O F Gleeson
Amount purchased: 40,000 @ € 11.13
Value: € 445,200

Investec (INVP)
Director name: Mr Stephen Koseff
Amount purchased: 100,000 @ 299.00p
Value: £299,000

Africa Opportunity Fund (AOF)
Director name: Mr Francis Daniels
Amount purchased: 250,000 @ $0.93
Value: $232,500

Fairpoint Group (FRP)
Director name: Mr Christopher Moat
Amount purchased: 174,864 @ 30.00p
Value: £52,459

West China Cement (WCC)
Director name: Mr Robert Sinclair Robertson
Amount purchased: 25,000 @ 149.00p
Value: £37,250

Mondi (MNDI)
Director name: Mr Peter Oswald
Amount purchased: 10,000 @ 325.80p
Value: £32,580

Mondi (MNDI)
Director name: Mr Peter Oswald
Amount purchased: 10,000 @ 318.80p
Value: £31,880

OCZ Technology Group (Reg S) (OCZ)
Director name: Mr Arthur F Knapp
Amount purchased: 115,000 @ 23.00p
Value: £26,450

Abacus Group (ABU)
Director name: Mr Martin Kent
Amount purchased: 80,000 @ 33.00p
Value: £26,400

Hallin Marine Subsea International (HMS)
Director name: Mr Mike Arnold
Amount purchased: 15,000 @ 162.00p
Value: £24,300
Top Director Sells

Xstrata (XTA)
Director name: Mr Trevor Reid
Amount sold: 148,498 @ 4,156.00p
Value: £6,171,577

Xstrata (XTA)
Director name: Mr Trevor Reid
Amount sold: 100,000 @ 4,201.00p
Value: £4,201,000

Xstrata (XTA)
Director name: Mr Trevor Reid
Amount sold: 51,502 @ 4,156.00p
Value: £2,140,423

G4S (GFS)
Director name: Mr Nicholas P Buckles
Amount sold: 51,493 @ 213.30p
Value: £109,835

All data suppied by Digital Look (15 minute delay)




Risk Warning

There is an extra risk of losing money when shares are bought in some smaller companies including 'Penny Shares'. There is a big difference between the buying price and the selling price of these shares. If they have to be sold immediately, you may get back much less than you paid for them or you may have difficulty in selling them. Past performance is not a reliable indicator of future results. The price may change quickly and it may go down as well as up. You could lose every penny put into a particular share.

The information contained above has been compiled from documented sources which are believed to be reliable but, due to their very nature, are subject to a degree of historical inaccuracy and have not been independently verified and cannot be guaranteed. The pages on this website are provided for information only. City Equities Limited will not accept responsibility for loss incurred by any person or body acting, or refraining from acting, as a result of information and/or opinions given anywhere on this website. Issued by City Equities Limited, Aldermary House, 10-15 Queen Street, London, EC4N 1TY. Registered in England. Registered No. 2742847. Registered Address: Amwell House, 19 Amwell Street, Hoddeson, Herts. EN11 8TS. City Equities Limited is Authorised and regulated by the Financial Services Authority. Registration No. 155051.