Burberry non-exec buys as Blinkx director sells up

4th Sep 2013 16:17

Burberry non-Executive Director Matthew Key on Tuesday purchased 1,260 shares in the fashion group. The transaction was made at 1,568.66p a time for a total of £0.2m. Back in July the group said that it was pleased with its first-quarter retail performance which saw underlying revenues rose 18 %.Chief Executive Angela Ahrendts commented that spring/summer 2013 was a 'standout' season. Meanwhile, Blinkx non-Executive Director, Dr Michael Lynch, sold £4.5m-worth of shares, although still holds 17.9m, equal to a stake of 4.9%. Lynch traded in a total of three million shares at 150.15p a piece. The sale was made just one month after the media platform firm announced an all-cash transaction relating to its Grab Media Property, an online video content syndication and advertising platform. The acquisition was made to enable the company to add incremental audience and augment its relationships with advertisers, publishers and content providers. Top Director BuysFuller Smith & Turner (FSTA) Director name: Mr John M DunsmoreAmount purchased: 10,470 @ 940.00p Value: £98,418Conygar Investment Company (CIC) Director name: Mr Robert T E WareAmount purchased: 50,000 @ 129.00p Value: £64,500LMS Capital (LMS) Director name: Mr Nick FriedlosAmount purchased: 50,000 @ 78.00p Value: £39,000Shaftesbury (SHB) Director name: Mr Christopher WardAmount purchased: 3,448 @ 580.00p Value: £19,998Burberry Group (BRBY) Director name: Mr Matthew KeyAmount purchased: 1,260 @ 1,568.66p Value: £19,765Top Director SellsBlinkx (BLNX) Director name: Dr Michael LynchAmount sold: 3,000,000 @ 150.15p Value: £4,504,500LMS Capital (LMS) Director name: Mr Bernard J. Duroc-DannerAmount sold: 76,272 @ 78.00p Value: £59,492Mcbride (MCB) Director name: Mr Richard Armitage Amount sold: 15,220 @ 131.00p Value: £19,938