Berkeley Non-Exec acquires stake in group

17th Jan 2013 16:59

Veronica Wadley, a Non-Executive Director of house builder group Berkeley, has bought stake in the firm with the acquisition of 2,200 shares. Purchased on behalf of her spouse, the shares cost 1,831p a time, giving a total cost of £40,282. The transaction marks her only stake in the firm. In December last year the company reported that both revenue and profit has surged in the six months ended October 31st, with 1,927 new homes sold during the period. Profit before tax increased by 40.7% from £101.1 to £142.2m, while revenues jumped 69.4% from £404.9 to £686m. The company said that demand for residential property in good locations remained strong in the first half in spite of an uncertain backdrop and economic contraction in the UK this year.Top Director BuysBerkeley Group Holdings (The) (BKG) Director name: Ms Veronica WadleyAmount purchased: 2,200 @ 1,831.00p Value: £40,282Mediterranean Oil & Gas (MOG) Director name: Dr Peter McIntosh JacksonAmount purchased: 240,000 @ 12.25p Value: £29,400Rolls-Royce Holdings (RR.) Director name: Mr Colin P SmithAmount purchased: 2,353 @ 906.21p Value: £21,323Thomas Cook Group (TCG) Director name: Mrs Dawn AireyAmount purchased: 20,000 @ 54.90p Value: £10,980NR