When you push on the door firmly enough, it eventually caves in. The private equity consortium stalking investor platform Hargreaves Lansdown has come up with a bid price of £5.4billion, or £11.40 a share, which the board, headed by new chairman Alison Platt, is minded to accept. Why should we …
Read More »Royal Mail sells last 3 Nine Elm plots for £112m
Royal Mail on Monday said it had exchanged contracts to sell the last three remaining plots on its Nine Elms Park site to London Square for £111.2m. Profits from the sale would be used in line with Royal Mail’s capital allocation policy, with around £35m to be reinvested into the …
Read More »Director dealings: Sirius Real Estate CEO sells shares
Sirius Real Estate revealed on Wednesday that chief executive Andrew Coombs had disposed of 719,166 ordinary shares in the FTSE 250-listed property company. Coombs, who joined Sirius in 2010, sold the shares on Tuesday at an average price of 74.99p each, for a total value of £539,281.01. Back in June, …
Read More »Director dealings: AO World CFO sells shares
AO World revealed on Tuesday that chief financial officer Mark Higgins had disposed of 146,411 ordinary shares in the FTSE 250-listed retailer. Higgins, who exercised nil cost options over a total of 309,537 ordinary shares on Monday, sold the shares at an average price of 195.0p each, for a total …
Read More »Directors deals: Barratt Developments COO sells shares near record highs
Barratt Developments‘s chief operating officer and “persons closely associated” with him sold a large batch of shares in the homebuilder roughly a fortnight after they broke out into record territory. On 12 February, Steven Boyes sold 116,090 shares and Andrea Boyes sold 288,910 shares, both at 842.0p apiece. That same …
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