BATS chairman invests £200,000

21st Dec 2009 16:12

Recently appointed British American Tobacco chairman Richard burrows has bought 10,000 shares in the cigarettes supplier. He previously held no shares in the company. His initial investment is just short of £200,000. the shares were acquired for 1,949.35p each. Burrows has a background in the drinks industry. He has previously been boss of Irish Distillers and Pernod Ricard. He subsequently became Governor of the Bank of Ireland. BATS released a positive trading statement for the nine months to the end of September 2009. Revenue for the period grew strongly in constant currency terms, driven by increasing selling prices and volume growth contributed by acquisitions. The most recent acquisition was that of Bentoel, an Indonesia tobacco supplier, in June 2009.Top Director BuysDolphin Capital Investors (DCI) Director name: Mr Miltos KambouridesAmount purchased: 13,618,387 @ 44.00p Value: £5,992,090British American Tobacco (BATS) Director name: Mr Richard BurrowsAmount purchased: 10,000 @ 1,949.35p Value: £194,935Enterprise Inns (ETI) Director name: Mr David C GeorgeAmount purchased: 125,000 @ 96.85p Value: £121,062Speymill Deutsche Immobilien (SDIC) Director name: Mr James (Jim) MellonAmount purchased: 200,000 @ € 0.28 Value: € 55,000Kingspan Group (KGP) Director name: Ms Helen KirkpatrickAmount purchased: 8,277 @ € 5.95 Value: € 49,248Enterprise Inns (ETI) Director name: Mr Graham E (Ted) TuppenAmount purchased: 43,760 @ 96.85p Value: £42,382Enterprise Inns (ETI) Director name: Mr David C GeorgeAmount purchased: 23,476 @ 96.85p Value: £22,737Enterprise Inns (ETI) Director name: Mr W Simon TownsendAmount purchased: 23,476 @ 96.85p Value: £22,737Johnston Press (JPR) Director name: Mr Ian M RussellAmount purchased: 65,537 @ 24.45p Value: £16,024Chaucer Holdings (CHU) Director name: Mr Richard T ScholesAmount purchased: 25,000 @ 46.05p Value: £11,512Top Director SellsAnglo American (AAL) Director name: Ms Cynthia Blum CarrollAmount sold: 43,082 @ 2,595.11p Value: £1,118,025Anglo American (AAL) Director name: Mr Rene MedoriAmount sold: 27,926 @ 2,595.11p Value: £724,710Enterprise Inns (ETI) Director name: Mr David C GeorgeAmount sold: 250,000 @ 96.85p Value: £242,125