News

The new non-executive chairman of Stanley Gibbons Martin Bralsford has made his maiden purchase in the rare stamps and collectibles firm.

Bralsford spent more than £93,000 on 50,000 shares in the AIM listed company at an average price of 186.3p each.

The 59-year old, appointed to his new role at the start of this month, was the former boss of AIM-quoted C.I. Traders until it was taken over in August.

A private equity consortium led by Duke Street Capital paid £260m for the conglomerate and biggest corporate employer in the Channel Islands.

During the summer, Stanley Gibbons reported a 25% surge in half year profits and said it will focus resources on high growth areas such as rare stamps, autographs and developing its auction business.

Pre-tax profit for the first half rose to £1.7m from £1.36m previously on sales that increased 16% to £8.81m. Autograph and memorabilia sales increased by 52%.

Top Director Buys

Bank of Ireland (BKIR)
Director name: Ms Rose Hynes
Amount purchased: 13,400 @ € 10.04
Value: € 134,476

Stanley Gibbons (SGI)
Director name: Mr David Martin Bralsford
Amount purchased: 50,000 @ 186.30p
Value: £93,150

Lancashire Holdings (LRE)
Director name: Mr Neil William McConachie
Amount purchased: 20,000 @ 344.50p
Value: £68,900

Clyde Process Solutions (CPSP)
Director name: Mr Jim McColl
Amount purchased: 43,450 @ 115.00p
Value: £49,968

Hogg Robinson (HRG)
Director name: Mr John D Coombe
Amount purchased: 100,000 @ 46.75p
Value: £46,750

Macro 4 (MAO)
Director name: Mr Ronald Wilson
Amount purchased: 20,000 @ 157.25p
Value: £31,450

Macro 4 (MAO)
Director name: Mr Laurent Berns
Amount purchased: 20,000 @ 157.25p
Value: £31,450

Value and Income (VIN)
Director name: Mr Matthew A Oakeshott
Amount purchased: 12,500 @ 189.00p
Value: £23,625

Value and Income (VIN)
Director name: Mr Matthew A Oakeshott
Amount purchased: 12,500 @ 189.00p
Value: £23,625

Oxford Instruments (OXIG)
Director name: Mr Peter Morgan
Amount purchased: 10,000 @ 209.25p
Value: £20,925

Top Director Sells

London Stock Exchange Group (LSE)
Director name: Mr Jonathan Howell
Amount sold: 596,777 @ 1,856.80p
Value: £11,080,955

London Stock Exchange Group (LSE)
Director name: Mr Jonathan Howell
Amount sold: 87,143 @ 1,856.80p
Value: £1,618,071

Addax Petroleum (AXC)
Director name: Mr Jean Claude Gandur
Amount sold: 50,000 @ 2,029.00p
Value: £1,014,500

Celtic Resources (CER)
Director name: Mr Peter Hannen
Amount sold: 40,000 @ 279.00p
Value: £111,600

SABMiller (SAB)
Director name: Mr John Manser
Amount sold: 7,500 @ 1,311.00p
Value: £98,325