Leisure Goods(3740)

Closing Price Change

Price Up0.00

Value

5,624.40

Booker chief exec buys in bulk

Date: Tuesday 24 Jun 2008

LONDON (ShareCast) - Booker chief executive Charles Wilson bought 2m shares in the cash and carry operator today, spending £440,000.

Following the purchase, which was made at 22p a share, he now owns about 8.3% of the company.

Fellow board member Kevin Lyon took 200,000 shares, also at 22p a time, doubling his holding to 400,000 shares.

Booker, which is the UK’s largest wholesaler, said last month it had performed ahead of expectations for the full year, with full year profits up 27% to £36.2m on sales that rose 2.3% to £3.1bn, but warned that challenges remain.

Market conditions over the past year have been challenging due to cooling in the economy and the smoking ban in public places, the company observed.

Speaking about the results, Wilson said: “It has been a year of steady delivery for Booker. Customer satisfaction has improved, sales have increased, operating profits are up 29%, net debt is down 38% and we integrated Blueheath. We made good progress, but there is a lot more to do.”

Booker merged with Blueheath, which sells groceries to retail and leisure outlets in the UK, in June 2007.

Wilson was appointed chief executive of Booker in 2005, having become an executive director in 1998. He has also been an executive director with the clothing retailer Arcadia, which owns the Burton and Dorothy Perkins chains, and Marks and Spencer.

Elsewhere in directors’ deals, Dominos Pizza announced this afternoon that two directors sold a combined total of nearly £20m in shares in the company.

Non-executive director Nigel Wray sold 9.5m shares at 180p a go, or a total of £17.1m, meaning he now has just less than 27m shares, about 16.75% of the company.

Executive chairman Stephen Hemsley sold 1m shares at the same price, taking £1.8m, and now has just more than 6m shares.

The announcement was made following heavy falls in the company’s share price this morning.



Top Director Buys

Booker Group (BOK)
Director name: Mr Charles Wilson
Amount purchased: 2,000,000 @ 22.00p
Value: £440,000

Dolphin Capital Investors (DCI)
Director name: Mr Miltos Kambourides
Amount purchased: 300,000 @ 108.50p
Value: £325,500

Marwyn Materials (MMAT)
Director name: Mr David Williams
Amount purchased: 1,000,000 @ 15.00p
Value: £150,000

Anglo American (AAL)
Director name: Sir CK Chow
Amount purchased: 4,000 @ 3,476.00p
Value: £139,040

Integrated Asset Management (IAM)
Director name: Mr Detlef Bierbaum
Amount purchased: 200,000 @ 57.00p
Value: £114,000

Vyke Communications (VYKE)
Director name: Mr Tommy B Jensen
Amount purchased: 119,960 @ 87.00p
Value: £104,365

Monitise (MONI)
Director name: Mr Duncan J McIntyre
Amount purchased: 500,000 @ 12.00p
Value: £60,000

Livermore Investments (LIV)
Director name: Mr Noam Lanir
Amount purchased: 200,000 @ 28.00p
Value: £56,000

Mediterranean Oil & Gas (MOG)
Director name: Mr Michael Bonte-Friedheim
Amount purchased: 30,000 @ 166.50p
Value: £49,950

Booker Group (BOK)
Director name: Mr Kevin Lyon
Amount purchased: 200,000 @ 22.00p
Value: £44,000


Top Director Sells

Domino's Pizza UK & IRL (DOM)
Director name: Mr Nigel Wray
Amount sold: 9,500,000 @ 180.00p
Value: £17,100,000

Domino's Pizza UK & IRL (DOM)
Director name: Mr Stephen Hemsley
Amount sold: 1,000,000 @ 180.00p
Value: £1,800,000

Moss Bros (MOSB)
Director name: Mr Rowland Gee
Amount sold: 2,000,000 @ 45.00p
Value: £900,000

Majestic Wine (MJW)
Director name: Mr Timothy F How
Amount sold: 94,200 @ 211.00p
Value: £198,762

Vyke Communications (VYKE)
Director name: Mr Kjetil Langland Bohn
Amount sold: 119,960 @ 87.00p
Value: £104,365

Hornby (HRN)
Director name: Mr Frank Martin
Amount sold: 19,000 @ 159.80p
Value: £30,362

Hornby (HRN)
Director name: Mr J W Stansfield
Amount sold: 17,135 @ 159.80p
Value: £27,382

Hornby (HRN)
Director name: Mr Frits Passet
Amount sold: 13,513 @ 159.80p
Value: £21,594

Hornby (HRN)
Director name: Mr Micheal Walters
Amount sold: 9,600 @ 159.80p
Value: £15,341

Hornby (HRN)
Director name: Mr Nicholas Cole
Amount sold: 8,991 @ 159.80p
Value: £14,368

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are end of day values only.

 

Price Data

Price 5,624.40  
Closing Price Change 0.00
05-Sep-08 Close 5,624.40

Top Risers

Price Change
GAW 240.00p +1.5%
PIC 90.50p +0.6%
CDY 35.50p +0.0%

Top Fallers

Price Change
HRN 150.25p -2.8%
ABA 52.25p -0.5%

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