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Director dealings: Spire's new CEO buys-in near 52 week lows

Mon 02 October 2017 14:29 | A A A

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(ShareCast News) - Spire Healthcare's incoming new chief Justin Ash bought into the stock of the company he will soon be running just off its 52-week lows.

Ash, who is set to take over at the helm of Spire, picked up 89,100 shares at 225.5 apiece on 29 September, for a total transaction value of £200,030, the company said in a statement.

On 14 September, the hospital operator posted a 75% drop in first-half profits after a malpractice payment and warned that second half sales and profits would be lower than expected after a decline in NHS activity over the summer.

A week later, analysts at Berenberg lowered their target for the shares again, from 300p to 270p.

"Over the past few years, Spire has utilised NHS volumes to improve productivity and thus offset cost pressures; however, the larger the reliance on the NHS (32% of H1 2017 revenues, and 38% of volumes), the greater the exposure to NHS decisions, such as reducing tariffs and referral management efforts. The latter had a significant impact on growth in July and August, resulting in lower guidance for FY 2017 as well as greater uncertainty, in our view."

Top Director Buys

Pan African Resources (PAF)

Director name: Loots ,Cobus

Amount purchased: 200,000 @ 1,274.70p

Value: £2,549,399.95

Impax Asset Management Group (IPX)

Director name: Simm,Ian

Amount purchased: 183,689 @ 142.00p

Value: £260,838.37

Spire Healthcare Group (SPI)

Director name: Ash,Justin

Amount purchased: 89,100 @ 224.50p

Value: £200,029.49

Aveva Group (AVV)

Director name: Allerton,Jennifer

Amount purchased: 6,000 @ 2,448.00p

Value: £146,880.00

Aveva Group (AVV)

Director name: Kidd ,James

Amount purchased: 2,000 @ 2,441.00p

Value: £48,820.00

Avingtrans (AVG)

Director name: McQuillan,Stephen

Amount purchased: 18,500 @ 212.00p

Value: £39,220.00

Joules Group (JOUL)

Director name: Little,Jill C

Amount purchased: 10,000 @ 267.50p

Value: £26,750.00

Aveva Group (AVV)

Director name: Humphrey,Christopher

Amount purchased: 1,000 @ 2,446.00p

Value: £24,460.00

Pearson (PSON)

Director name: Taurel,Sidney

Amount purchased: 3,528 @ $8.16

Value: $22,109.29

Itv (ITV)

Director name: Bazalgette,Peter

Amount purchased: 12,587 @ 172.40p

Value: £21,699.99

Avingtrans (AVG)

Director name: McQuillan,Stephen

Amount purchased: 9,250 @ 212.00p

Value: £19,610.00

Aveva Group (AVV)

Director name: Aiken,Philip

Amount purchased: 800 @ 2,446.00p

Value: £19,568.00

Pearson (PSON)

Director name: Score,Tim

Amount purchased: 2,610 @ 604.00p

Value: £15,764.40

Pearson (PSON)

Director name: Manwani,Harish

Amount purchased: 2,349 @ 604.00p

Value: £14,187.96

Balfour Beatty (BBY)

Director name: Moorhouse,Barbara

Amount purchased: 4,000 @ 269.20p

Value: £10,768.00

Pearson (PSON)

Director name: Corley,Elizabeth

Amount purchased: 1,111 @ 604.00p

Value: £6,710.44

Bb Healthcare Trust (red) (BBH)

Director name: Stebbing,Justin

Amount purchased: 4,153 @ 115.00p

Value: £4,775.95

Travis Perkins (TPK)

Director name: Walker,Robert M

Amount purchased: 327 @ 1,449.58p

Value: £4,740.13

Lxi Reit (LXI)

Director name: Hubbard,Stephen

Amount purchased: 4,108 @ 105.00p

Value: £4,313.40

Pearson (PSON)

Director name: Lorimer ,Linda

Amount purchased: 651 @ $8.16

Value: $4,079.69

Pearson (PSON)

Director name: Wallen,Lincoln

Amount purchased: 671 @ 604.00p

Value: £4,052.84

Lxi Reit (LXI)

Director name: Cartwright,John

Amount purchased: 3,726 @ 105.00p

Value: £3,912.30

Bb Healthcare Trust (red) (BBH)

Director name: Dixon,Josephine

Amount purchased: 3,378 @ 115.00p

Value: £3,884.70

Lxi Reit (LXI)

Director name: Smith,Colin

Amount purchased: 3,612 @ 105.00p

Value: £3,792.60

Bb Healthcare Trust (red) (BBH)

Director name: Grewal ,Randeep Singh

Amount purchased: 3,183 @ 115.00p

Value: £3,660.45

Lxi Reit (LXI)

Director name: Etherden,Jeannette Elaine

Amount purchased: 3,439 @ 105.00p

Value: £3,610.95

Travis Perkins (TPK)

Director name: Chambers,Stuart J

Amount purchased: 241 @ 1,449.58p

Value: £3,493.49

Bb Healthcare Trust (red) (BBH)

Director name: Southgate,Paul

Amount purchased: 2,989 @ 115.00p

Value: £3,437.35

Itv (ITV)

Director name: Harris,Mary

Amount purchased: 1,945 @ 172.40p

Value: £3,353.18

Itv (ITV)

Director name: Faxon,Roger

Amount purchased: 1,900 @ 175.00p

Value: £3,325.00

Pearson (PSON)

Director name: Lewis,Joshua

Amount purchased: 496 @ $8.16

Value: $3,108.34

Pearson (PSON)

Director name: Cox,Vivienne

Amount purchased: 346 @ 604.00p

Value: £2,089.84

Quarto Group Inc. (QRT)

Director name: Leaver,Marcus

Amount purchased: 1,500 @ 129.50p

Value: £1,942.50

Travis Perkins (TPK)

Director name: Anderson,Ruth

Amount purchased: 62 @ 1,449.58p

Value: £898.74

Travis Perkins (TPK)

Director name: McConville,Coline

Amount purchased: 62 @ 1,449.58p

Value: £898.74

Travis Perkins (TPK)

Director name: Rogers ,Christopher

Amount purchased: 61 @ 1,449.58p

Value: £884.24

Travis Perkins (TPK)

Director name: Redfern,Peter

Amount purchased: 56 @ 1,449.58p

Value: £811.76

Travis Perkins (TPK)

Director name: Rogers,John

Amount purchased: 47 @ 1,449.58p

Value: £681.30

Great Portland Estates (GPOR)

Director name: Courtauld,Toby

Amount purchased: 25 @ 613.89p

Value: £153.47

Great Portland Estates (GPOR)

Director name: Sanderson,Nick

Amount purchased: 25 @ 613.89p

Value: £153.47

Arrow Global Group (ARW)

Director name: Rochford,Lee

Amount purchased: 36 @ 421.40p

Value: £151.70

Arrow Global Group (ARW)

Director name: French,Tracy

Amount purchased: 36 @ 421.40p

Value: £151.70

Arrow Global Group (ARW)

Director name: Hamilton,Stewart

Amount purchased: 36 @ 421.40p

Value: £151.70

Ascential (ASCL)

Director name: Painter,Duncan

Amount purchased: 2 @ 347.70p

Value: £6.95

Ascential (ASCL)

Director name: Gradden,Mandy

Amount purchased: 2 @ 347.70p

Value: £6.95

Top Director Sells

Next Fifteen Communications (NFC)

Director name: Dyson,Tim

Amount sold: 125,000 @ 400.00p

Value: £500,000.00

Gateley (holdings) (GTLY)

Director name: Ward,Michael James

Amount sold: 328,900 @ 150.00p

Value: £493,350.00

Gateley (holdings) (GTLY)

Director name: Davies,Peter Gareth

Amount sold: 328,900 @ 150.00p

Value: £493,350.00

Kingspan Group (KGP)

Director name: Wilson,Peter

Amount sold: 13,330 @ € 35.80

Value: € 477,213.99

Impax Asset Management Group (IPX)

Director name: Simm,Ian

Amount sold: 183,689 @ 142.00p

Value: £260,838.37

Next Fifteen Communications (NFC)

Director name: Harris,Peter

Amount sold: 50,000 @ 400.00p

Value: £200,000.00

Next Fifteen Communications (NFC)

Director name: Eyre,Richard

Amount sold: 47,993 @ 400.00p

Value: £191,972.00

Gateley (holdings) (GTLY)

Director name: Smith,Neil Andrew

Amount sold: 20,000 @ 150.00p

Value: £30,000.00

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