Brit Insurance Holding(BRE)

Sector:

Insurance (non-life)

Index:

FTSE 250

Market Cap

£562.76m

Change Today

Price Down-4.75p

Share Price

179.25p

Conygar chief exec lifts stake past 7%

By Rory Gallivan

Date: Thursday 26 Jun 2008

LONDON (ShareCast) - Robert Ware, chief executive at the Conygar Investment Company, lifted his stake in the property investor past 7% today with the purchase of 250,000 shares.

He bought the shares at 150p a time, paying a total of £375,000 and now has just under 3m shares in the company, about 7.14%.

His colleague, chairman Nigel Hamway, also bought in, taking 40,000 shares at the same price, lifting his holding to 207,000 shares.

Conygar, which last year entered into a joint venture with Stena Line Ports to develop the waterfront at Holyhead Wales, said earlier this month that it was well equipped to weather the impact of the recent financial and economic problems “and even collect the odd bargain en route.”

Top Director Buys

The Conygar Investment Company (CIC)
Director name: Mr Robert T E Ware
Amount purchased: 250,000 @ 150.00p
Value: £375,000

Thirdforce (THF)
Director name: Mr Pat McDonagh
Amount purchased: 2,000,000 @ 12.50p
Value: £250,000

Raymarine (RAY)
Director name: Mr Malcolm Miller
Amount purchased: 100,000 @ 147.30p
Value: £147,300

Greencore Group (GNC)
Director name: Mr Gerald M N Corbett
Amount purchased: 58,800 @ € 2.14
Value: € 125,597

Beazley Group (BEZ)
Director name: Mr Neil Maidment
Amount purchased: 100,000 @ 110.50p
Value: £110,500

Candover Investments (CDI)
Director name: Mr Nicholas Jones
Amount purchased: 5,000 @ 1,970.00p
Value: £98,500

The Conygar Investment Company (CIC)
Director name: Mr Nigel J Hamway
Amount purchased: 40,000 @ 150.00p
Value: £60,000

Mondi (MNDI)
Director name: Mr David A Hathorn
Amount purchased: 20,000 @ 299.60p
Value: £59,920

Banco Santander Central Hispano (BNC)
Director name: Ms Isabel Tocino Biscarolasaga
Amount purchased: 4,500 @ 935.87p
Value: £42,114

Brit Insurance Holding (BRE)
Director name: Mr John Barton
Amount purchased: 20,000 @ 189.00p
Value: £37,800


Top Director Sells

Biocompatibles International (BII)
Director name: Mr Crispin Simon
Amount sold: 261,741 @ 155.00p
Value: £405,699

Johnson Matthey (JMAT)
Director name: Mr Neil A P Carson
Amount sold: 9,313 @ 1,830.00p
Value: £170,428

HGCapital Trust (HGT)
Director name: Mr Timothy J Amies
Amount sold: 15,000 @ 878.00p
Value: £131,700

Lavendon Group (LVD)
Director name: Mr Kevin Appleton
Amount sold: 40,996 @ 230.00p
Value: £94,291

Lavendon Group (LVD)
Director name: Mr Alan Merrell
Amount sold: 25,733 @ 230.00p
Value: £59,186

Atkins (WS) (ATK)
Director name: Mr Keith Clarke
Amount sold: 3,516 @ 1,055.30p
Value: £37,104

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BRE Market Data

Currency UK Pounds
Share Price 179.25p Price Down
Change Today -4.75p
52 Week High 344.75
52 Week Low 149.75
Volume 2,179,670
Shares Issued 313.95m
Market Cap £562.76m
Beta 1.42
RiskGrade 260

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
89.14% above the market average89.14% above the market average89.14% above the market average89.14% above the market average89.14% above the market average
68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average
Price Trend
39.55% below the market average39.55% below the market average39.55% below the market average39.55% below the market average39.55% below the market average
86.21% below the sector average86.21% below the sector average86.21% below the sector average86.21% below the sector average86.21% below the sector average
Income
96.87% above the market average96.87% above the market average96.87% above the market average96.87% above the market average96.87% above the market average
90.00% above the sector average90.00% above the sector average90.00% above the sector average90.00% above the sector average90.00% above the sector average
Growth
23.98% below the market average23.98% below the market average23.98% below the market average23.98% below the market average23.98% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Chg 6m
26.49% below the market average26.49% below the market average26.49% below the market average26.49% below the market average26.49% below the market average
51.72% below the sector average51.72% below the sector average51.72% below the sector average51.72% below the sector average51.72% below the sector average
P/E
75.84% above the market average75.84% above the market average75.84% above the market average75.84% above the market average75.84% above the market average
58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average58.33% above the sector average
PEG
39.92% below the market average39.92% below the market average39.92% below the market average39.92% below the market average39.92% below the market average
52.94% below the sector average52.94% below the sector average52.94% below the sector average52.94% below the sector average52.94% below the sector average
Dividend Yield
70.55% above the market average70.55% above the market average70.55% above the market average70.55% above the market average70.55% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
EPS Growth
36.69% below the market average36.69% below the market average36.69% below the market average36.69% below the market average36.69% below the market average
52.38% below the sector average52.38% below the sector average52.38% below the sector average52.38% below the sector average52.38% below the sector average
Operating Margin
35.85% above the market average35.85% above the market average35.85% above the market average35.85% above the market average35.85% above the market average
18.52% below the sector average18.52% below the sector average18.52% below the sector average18.52% below the sector average18.52% below the sector average

What The Brokers Say

Strong Buy 3
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BRE Dividends

  Latest Previous
  Interim Special
Ex-Div 03-Sep-08 16-Apr-08
Paid 03-Oct-08 19-May-08
Amount 7.50p 7.00p

Trades for 05-Sep-2008

Time Volume / Share Price
16:35 185,423 @ 179.25p
16:28 522 @ 179.50p
16:28 6,150 @ 179.50p
16:27 1,706 @ 179.50p
16:27 5,269 @ 179.50p

BRE Key Personnel

Finance Director Matthew Scales
CEO Dane Jonathan Douetil
COO Kathy Lisson

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