LONDON (ShareCast) - Pawnbroker Albermarle & Bond has made hay in the current tough climate. At the end of last May, A&B indicated profits this year would be significantly higher than expected.
The core pawnbroker business has
been boosted by the higher price of gold, which has enhanced the yield on unredeemed
loans, A&B said.
Taking advantage of the spike in the share price following that update, finance director David Pattinson has sold 150,000 shares at 207.6p, while founder and current non-executive Philip Murphy disposed of 50,000 at the same price.
Both directors exercised options last month. Pattinson took up two chunks of options on 50,000 and 100,000 shares at respective exercise prices of 74.5p and 93.5p, while Murphy exercised options over 100,000 shares at 74.5p.
Top Director Buys
Cobham (COB)
Director name: Mr Warren G Tucker
Amount purchased: 62,340 @ 179.90p
Value: £112,150
CLS Holdings (LSE: CLI.L - news) (CLI)
Director name: Mr Sten A Mortstedt
Amount purchased: 10,474 @ 300.00p
Value: £31,422
FFastFill (LSE: FFA.L - news) (FFA)
Director name: Mr Nigel R Hartnell
Amount purchased: 545,500 @ 5.50p
Value: £30,002
FFastFill (FFA)
Director name: Mr Keith Todd
Amount purchased: 182,000 @ 5.50p
Value: £10,010
Top Director Sells
SABMiller (SAB (LSE: SAB.L - news) )
Director name: Mr Graham Mackay
Amount sold: 25,462 @ 1,257.00p
Value: £320,057
Albemarle & Bond (ABM)
Director name: Mr David P Pattinson
Amount sold: 150,000 @ 207.60p
Value: £311,400
SABMiller (SAB)
Director name: Mr M I Wyman
Amount sold: 15,499 @ 1,257.00p
Value: £194,822
SABMiller (SAB)
Director name: Mr Graham Mackay
Amount sold: 14,268 @ 1,252.00p
Value: £178,635
Invensys (LSE: ISYS.L - news) (ISYS)
Director name: Mr Ulf Henriksson
Amount sold: 49,599 @ 231.40p
Value: £114,772
Cobham (COB)
Director name: Mr Warren G Tucker
Amount sold: 62,159 @ 179.20p
Value: £111,389
Albemarle & Bond (ABM)
Director name: Mr Philip Patrick Murphy
Amount sold: 50,000 @ 207.60p
Value: £103,800
SABMiller (SAB)
Director name: Mr M I Wyman
Amount sold: 6,547 @ 1,252.00p
Value: £81,968
SABMiller (SAB)
Director name: Mr John Davidson
Amount sold: 4,982 @ 1,257.00p
Value: £62,624