Director dealings: Burberry CEO makes share sale

30th Jun 2022 15:40

(Sharecast News) - Burberry revealed on Thursday that chief executive Jonathan Akeroyd had sold 49,037 ordinary shares in the FTSE 100-listed fashion house.

Akeroyd, who sold the shares in order to cover tax and fees arising from the vesting and acquisition of an award granted to him on 15 March following his resignation from his former employer, disposed of the shares at an average price of 1,619.08p each, for a total value of £793,948.06.

Back in May, Burberry said its full-year outlook hinged on how fast China bounced back from Covid-19 lockdowns, as 2022 fiscal-year profits and revenues rose. Burberry maintained medium-term guidance of high single-digit revenue growth but said its outlook was "dependent on the impact of Covid-19" and the rate of recovery in consumer spending in Mainland China.

As of 1540 BST, Burberry shares were down 4.90% at 1,612.0p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

3i Group (III)

Director name: Daintith,Stephen

Amount purchased: 8,850 @ 1,112.00p

Value: £98,412.00

M&g (MNG)

Director name: Braham,Edward

Amount purchased: 20,075 @ 197.35p

Value: £39,618.01

M&g (MNG)

Director name: Braham,Edward

Amount purchased: 20,075 @ 197.35p

Value: £39,618.01

Rolls-royce Holdings (RR.)

Director name: East,Warren

Amount purchased: 29,552 @ 81.81p

Value: £24,176.49

Trinity Exploration & Production (TRIN)

Director name: Clayton,Nicholas

Amount purchased: 20,000 @ 102.40p

Value: £20,480.00

Oilex Ltd. (OEX)

Director name: Schwarz,Peter

Amount purchased: 10,611,250 @ 0.17p

Value: £17,508.56

Foxtons Group (FOXT)

Director name: Rich CBE,Nigel

Amount purchased: 37,687 @ 33.00p

Value: £12,436.71

Rolls-royce Holdings (RR.)

Director name: Kakoullis ,Panos

Amount purchased: 14,199 @ 81.81p

Value: £11,616.20

Uil Limited (di) (UTL)

Director name: Bridges,Stuart J

Amount purchased: 5,589 @ 202.50p

Value: £11,317.73

Bellevue Healthcare Trust (red) (BBH)

Director name: Grewal ,Randeep Singh

Amount purchased: 7,075 @ 149.60p

Value: £10,584.20

Tavistock Investments (TAVI)

Director name: Cooke,Oliver Charles

Amount purchased: 132,244 @ 7.97p

Value: £10,539.85

Utilico Emerging Markets Ltd (di) (UEM)

Director name: Muh,Anthony

Amount purchased: 4,381 @ 209.00p

Value: £9,156.29

Utilico Emerging Markets Ltd (di) (UEM)

Director name: Hansen,Susan

Amount purchased: 4,381 @ 209.00p

Value: £9,156.29

Uil Limited (di) (UTL)

Director name: Shillson,David

Amount purchased: 4,324 @ 202.50p

Value: £8,756.10

Uil Limited (di) (UTL)

Director name: Hill,Alison

Amount purchased: 4,324 @ 202.50p

Value: £8,756.10

Utilico Emerging Markets Ltd (di) (UEM)

Director name: Stobart,Eric St Clair

Amount purchased: 4,000 @ 209.44p

Value: £8,377.60

Golden Prospect Precious Metals Ltd. (GPM)

Director name: King,Robert P.

Amount purchased: 20,000 @ 38.50p

Value: £7,700.00

Bellevue Healthcare Trust (red) (BBH)

Director name: Dixon,Josephine

Amount purchased: 4,663 @ 149.60p

Value: £6,975.85

Utilico Emerging Markets Ltd (di) (UEM)

Director name: Rennocks,John

Amount purchased: 3,245 @ 210.44p

Value: £6,828.63

Bellevue Healthcare Trust (red) (BBH)

Director name: Bolsover,Kate

Amount purchased: 3,774 @ 149.60p

Value: £5,645.90

Utilico Emerging Markets Ltd (di) (UEM)

Director name: Bridgeman,Mark

Amount purchased: 2,628 @ 209.00p

Value: £5,492.52

Bellevue Healthcare Trust (red) (BBH)

Director name: Southgate,Paul

Amount purchased: 3,458 @ 149.60p

Value: £5,173.17

Bellevue Healthcare Trust (red) (BBH)

Director name: Young,Tony

Amount purchased: 3,458 @ 149.60p

Value: £5,173.17

European Assets Trust (EAT)

Director name: Perry CBE,John (Jack)

Amount purchased: 5,297 @ 93.63p

Value: £4,959.58

Itv (ITV)

Director name: Harris,Mary

Amount purchased: 3,943 @ 65.56p

Value: £2,585.03

Mortgage Advice Bureau (holdings) (MAB1)

Director name: Imlach,Nathan James McLean

Amount purchased: 183 @ 895.00p

Value: £1,637.85

Top Director Sells

Burberry Group (BRBY)

Director name: Akeroyd,Jonathan

Amount sold: 49,037 @ 1,619.08p

Value: £793,948.06

Porvair (PRV)

Director name: Stocks,Ben

Amount sold: 2,754 @ 625.00p

Value: £17,212.50

Oilex Ltd. (OEX)

Director name: Schwarz,Peter

Amount sold: 10,611,250 @ 0.16p

Value: £16,447.44

Churchill China (CHH)

Director name: Roper,James Andrew

Amount sold: 900 @ 1,400.00p

Value: £12,600.00

Billington Holdings (BILN)

Director name: Smith ,Mark

Amount sold: 2,297 @ 216.00p

Value: £4,961.52

Billington Holdings (BILN)

Director name: Taylor,Trevor

Amount sold: 1,811 @ 216.00p

Value: £3,911.76