Cable & Wireless Comms incoming Chief acquires 4.3m shares

3rd Jan 2014 16:49

Cable & Wireless Communications on Friday announced that soon-to-be Chief Executive Officer Phil Bentley had purchased 4.3m shares in the international telecoms operator. Bentley, the former Managing Director of British Gas, bought the shares the previous day at 56.912p each for a total spend of £2.45m. Elsewhere, Robert Day, an Executive Director of Mission Marketing, on Friday acquired 3,332 shares on behalf of his son. Day, who is described as an "enigma" with a passion for fast cars on the firm's website, bought the shares at 29.5p each and increased the family holding to 7.9% of the company. He is also Chief Executive Officer of property advertiser ThinkBDW. Top Director BuysCable & Wireless Communications (CWC) Director name: Mr Phillip BentleyAmount purchased: 4,300,000 @ 56.91p Value: £2,447,130Caracal Energy Inc.(DI) (CRCL) Director name: Mr Gary GuidryAmount purchased: 24,173 @ 683.70p Value: £165,271GlaxoSmithKline (GSK) Director name: Sir Sir Deryck MaughanAmount purchased: 1,737 @ 1,605.71p Value: £27,891GlaxoSmithKline (GSK) Director name: Sir Sir Christopher GentAmount purchased: 2,645 @ 1,607.00p Value: £42,505GlaxoSmithKline (GSK) Director name: Dr Dr Dan PodolskyAmount purchased: 1,303 @ 1,605.71p Value: £20,922GlaxoSmithKline (GSK) Director name: Ms Lynn ElsenhansAmount purchased: 1,155 @ 1,605.71p Value: £18,546GlaxoSmithKline (GSK) Director name: Mr Dr Stephanie BurnsAmount purchased: 642 @ 1,605.71p Value: £10,309GlaxoSmithKline (GSK) Director name: Ms Judy LewentAmount purchased: 623 @ 1,605.71p Value: £10,004GlaxoSmithKline (GSK) Director name: Ms Jing UlrichAmount purchased: 434 @ 1,605.71p Value: £6,969Vertu Motors (VTU) Director name: Mr Robert ForresterAmount purchased: 19,784 @ 57.90p Value: £11,455NR