LONDON (ShareCast) - Sir Christopher Bland and Rick Haythornthwaite, non-executive directors at the real estate giant Land Securities, have taken shares in the company, it announced today.
Sir Christopher, the former chief executive of BT, bought 10,000 shares for 1,462p each, or a total of £146,200. Haythornthwaite took 5,000 shares, paying £14.55 a time, or £72,750 all-in-all.
Neither director had any shares before the purchase.
Shares in Land Securities, have slumped by over a quarter in the past year in line with a declining real estate market.
Last week, it reported a swing into pre-tax losses in the year to March 31 but said it was well positioned in the current market.
Top Director Buys
Innovation Group (TIG)
Director name: Mr Geoff Squire
Amount purchased: 10,000,000 @ 21.50p
Value: £2,150,000
Findel (FDL)
Director name: Mr Keith Chapman
Amount purchased: 97,500 @ 234.60p
Value: £228,735
Land Securities Group (LAND)
Director name: Sir Christopher Bland
Amount purchased: 10,000 @ 1,462.00p
Value: £146,200
Land Securities Group (LAND)
Director name: Mr Rick Haythornthwaite
Amount purchased: 5,000 @ 1,455.00p
Value: £72,750
JZ Equity (JZE)
Director name: Mr J. M. Green-Armytage
Amount purchased: 25,000 @ 127.00p
Value: £31,750
Innovation Group (TIG)
Director name: Mr Christopher Banks
Amount purchased: 140,000 @ 22.10p
Value: £30,940
Hargreaves Lansdown (HL.)
Director name: Mr Martin Mulligan
Amount purchased: 11,051 @ 175.50p
Value: £19,395
Top Director Sells
Venture Production (VPC)
Director name: Mr Jonathan Murphy
Amount sold: 150,000 @ 924.80p
Value: £1,387,200
Endace (EDA)
Director name: Professor Ian Graham
Amount sold: 120,000 @ 468.00p
Value: £561,600
Senior (SNR)
Director name: Mr M Rollins
Amount sold: 311,363 @ 116.20p
Value: £361,804
Senior (SNR)
Director name: Mr Michael Sheppard
Amount sold: 207,352 @ 116.20p
Value: £240,943
Moss Bros (MOSB)
Director name: Mr Rowland Gee
Amount sold: 77,000 @ 45.00p
Value: £34,650
Hargreaves Lansdown (HL.)
Director name: Mr Martin Mulligan
Amount sold: 17,099 @ 175.50p
Value: £30,009
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