News

National Express chairman buys again

17 November 2006 17:09:00

David Ross, chairman of bus and coach operator National Express Group, has continued his strategy of buying shares in the firm.

Ross snapped up 50,000 shares at 1,042p per share at a cost of £521,000. The purchase takes his total stake to around 1.65m.

Including today's purchase Ross has acquired 965,000 shares in National Express this year alone.

Ross is a seasoned director, still acting as non executive deputy chairman of Carphone Warehouse, chairman of Gondola and non executive director at Trinity Mirror, Big Yellow and Cosalt.

Shares in the group have been steadily rising, helped by a strong underlying performance although profits in the first half to June fell this year due to contract issues with its Eurostar operations.

Top Director Buys

National Express (NEX)
Director name: Mr David Ross
Amount purchased: 50,000 @ 1,042.00p
Value: £521,000

Land of Leather (LAN)
Director name: Mr Malcolm Heald
Amount purchased: 132,886 @ 280.00p
Value: £372,081

Land of Leather (LAN)
Director name: Mr Richard Kirk
Amount purchased: 107,143 @ 280.00p
Value: £300,000

Meggitt (MGGT)
Director name: Mr R W Greaves
Amount purchased: 72,000 @ 320.00p
Value: £230,400

Land of Leather (LAN)
Director name: Mr Roger Matthews
Amount purchased: 35,714 @ 280.00p
Value: £99,999

Vanco (VAN)
Director name: Mr Simon Hargreaves
Amount purchased: 10,000 @ 370.00p
Value: £37,000

Vanco (VAN)
Director name: Mr Wayne Churchill
Amount purchased: 10,000 @ 370.00p
Value: £37,000

Addworth (ADW)
Director name: Mr Mark Watson-Mitchell
Amount purchased: 750,000 @ 2.50p
Value: £18,750

Cyprotex (CRX)
Director name: Mr Robert Morrisson Atwater
Amount purchased: 300,000 @ 5.10p
Value: £15,300
Top Director Sells

Man Group (EMG)
Director name: Mr Stanley Fink
Amount sold: 2,583,734 @ 336.00p
Value: £8,681,346

Land of Leather (LAN)
Director name: Mr Paul Briant
Amount sold: 1,228,831 @ 280.00p
Value: £3,440,727

Capita Group (CPI)
Director name: Mr Paul Pindar
Amount sold: 225,000 @ 587.00p
Value: £1,320,750

Land of Leather (LAN)
Director name: Mr Peter Ling
Amount sold: 413,829 @ 280.00p
Value: £1,158,721

Land of Leather (LAN)
Director name: Mr Clive Hatchard
Amount sold: 413,829 @ 280.00p
Value: £1,158,721

Land of Leather (LAN)
Director name: Mr Steve Jenkins
Amount sold: 413,829 @ 280.00p
Value: £1,158,721

Celsis (CEL)
Director name: Sir Christopher Evans
Amount sold: 495,947 @ 192.00p
Value: £952,218

Schroders (SDR)
Director name: Mr M Tosato
Amount sold: 65,000 @ 930.40p
Value: £604,760

Platinum Australia (PLAA)
Director name: Mr William Alexander Hansen
Amount sold: 50,000 @ 663.20p
Value: £331,600

AIM Resources (AIMR)
Director name: Mr Christopher Innis
Amount sold: 1,000,000 @ 10.80p
Value: £108,000

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.