Hargreaves Lansdown

Director dealings: JD Sports boss sells more than half of his shares, Symphony director buys again

Thu 13 January 2022 15:39 | A A A

No recommendation

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

(Sharecast News) - Trendy trainer trader JD Sports Fashion disclosed a large share sale by its executive chairman Peter Cowgill on Thursday.

The FTSE 100 retailer said Cowgill had offloaded more than half of his shareholding, selling 10 million shares at an average price of 213.22p each.

That netted the company's boss a gross total of £21.32m.

Following the sale, JD Sports said Cowgill had a total interest of 9,714,670 shares, or 0.19% of its issued capital.

Symphony International director Anil Thadani, meanwhile, made another purchase into the company on Thursday - his fourth since the start of December.

The investment company said Thadani, who is also chairman of the affiliated firms Symphony Asia, Symphony Capital Partners and Symphony Investment Managers, purchased 204,186 shares at 44 US cents each.

That made the latest transaction worth $89,841.84.

On 10 January, the company disclosed Thadani's purchase of 96,026 shares for 42.96cents each, and on 24 December it said he bought 550,000 shares in two transactions, both at a price of 42cents apiece.

On 3 December, Symphony said its director bought 176,218 shares at 42.15cents each, and 250,000 shares at a price of 43.89cents.

At 1602 GMT, shares in JD Sports Fashion were down 7.21% at 196.24p, while those in Symphony International Holdings were 1.54% weaker at 0.45p.

Top Director Buys

Symphony International Holdings Ltd. (SIHL)

Director name: Thadani,Anil

Amount purchased: 204,186 @ $0.44

Value: $89,841.84

Braemar Shipping Services (BMS)

Director name: Payne,Nigel

Amount purchased: 1,858 @ 274.49p

Value: £5,100.02

Alliance Trust (ATST)

Director name: Samuel,Christopher

Amount purchased: 115 @ 1,021.60p

Value: £1,174.84

Alliance Trust (ATST)

Director name: Samuel,Christopher

Amount purchased: 88 @ 1,021.60p

Value: £899.00

Alliance Trust (ATST)

Director name: Samuel,Christopher

Amount purchased: 51 @ 1,021.60p

Value: £521.01

Yougov (YOU)

Director name: McIntosh,Alex

Amount purchased: 21 @ 1,459.50p

Value: £306.50

United Utilities Group (UU.)

Director name: Mogford,Steven L

Amount purchased: 18 @ 1,058.58p

Value: £190.54

United Utilities Group (UU.)

Director name: Aspin,Phil

Amount purchased: 17 @ 1,058.58p

Value: £179.96

Ecofin Global Utilities And Infrastructure Trust (EGL)

Director name: Nicklin ,Susannah

Amount purchased: 977 @ 2.04p

Value: £19.90

Top Director Sells

Jd Sports Fashion (JD.)

Director name: Cowgill,Peter Alan

Amount sold: 10,000,000 @ 213.22p

Value: £21,322,019.10

Smiths News (SNWS)

Director name: Bunting,Jonathan

Amount sold: 290,261 @ 0.38p

Value: £1,112.64

    The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.


    More directors dealings from ShareCast

    Latest economy and stock market articles