Director dealings: Burberry CFO lowers stake

28th Jan 2019 16:31

(Sharecast News) - Burberry chief financial and operating officer Julie Brown sold 34,218 ordinary shares in the FTSE 100-listed fashion house on Monday.Brown, who took over the dual role back in 2017, disposed of the shares at an average cost of 1,790.50p each, for a total value of £612,673.31.Burberry sales disappointed slightly over the festive quarter but the fashion house maintained that it was successfully building "brand heat" ahead of the launch next month of its new creative director's debut collection.Revenue of £711m was produced in the 13 weeks to 29 December, down 1% compared to the equivalent period last year and down 2% if exchange rates effects are taken out. Group store space shrank 1% with two net closures in the quarter but analysts were expecting a number nearer £724m.Like-for-like sales rose 1%, a noticeable slowdown from the 3% achieved in the first six months of the year and below the average analyst forecast of 2%.As of 1630 GMT, Burberry shares had dipped 1.53% to 1,759.50p.Top Director BuysDiversified Gas & Oil (DGOC)Director name: Hutson,Robert Amount purchased: 250,000 @ 109.78pValue: £274,450.00Diversified Gas & Oil (DGOC)Director name: Post,Robert MarshallAmount purchased: 200,000 @ 109.78pValue: £219,560.00Emmerson (EML)Director name: Locke,Hayden Amount purchased: 647,712 @ 3.05pValue: £19,755.22James Halstead (JHD)Director name: Oliver,GordonAmount purchased: 4,000 @ 455.00pValue: £18,200.00James Halstead (JHD)Director name: Oliver,GordonAmount purchased: 4,000 @ 455.00pValue: £18,200.00Diversified Gas & Oil (DGOC)Director name: Thomas,Martin KeithAmount purchased: 10,000 @ 110.00pValue: £11,000.00Diversified Gas & Oil (DGOC)Director name: Johnson,David EdwardAmount purchased: 10,000 @ 109.68pValue: £10,968.00Fuller Smith & Turner (FSTA)Director name: Emeny,SimonAmount purchased: 1,000 @ 1,082.00pValue: £10,820.00Jupiter Emerging & Frontier Income Trust Red (JEFI)Director name: Dampier,MarkAmount purchased: 5,768 @ 95.60pValue: £5,514.21Games Workshop Group (GAW)Director name: Rountree,KevinAmount purchased: 146 @ 2,956.78pValue: £4,316.90Witan Inv Trust (WTAN)Director name: Rogoff,BenAmount purchased: 80 @ 997.50pValue: £798.00Standard Life Aberdeen (SLA)Director name: Paris,Rod Amount purchased: 56 @ 264.50pValue: £148.12Tesco (TSCO)Director name: Stewart,AlanAmount purchased: 62 @ 223.66pValue: £138.67Tesco (TSCO)Director name: Lewis,DaveAmount purchased: 62 @ 223.66pValue: £138.67Standard Life Aberdeen (SLA)Director name: Skeoch,KeithAmount purchased: 48 @ 264.50pValue: £126.96Top Director SellsBurberry Group (BRBY)Director name: Brown,Julie Amount sold: 34,218 @ 1,790.50pValue: £612,673.31James Halstead (JHD)Director name: Oliver,GordonAmount sold: 8,000 @ 455.00pValue: £36,400.00