Directors deals: BP non-exec picks up some shares

30th Sep 2022 16:16

(Sharecast News) - Oil major BP disclosed that one of its non-executive directors had bought a large amount of shares on 30 September.

Amanda Blanc purchased 23,500 shares for 438.92p each, for a total transaction value of £103,145.94, the company said in a statement.

On 2 August, the oil major had posted an underlying cost replacement profit - its preferred measure of profit - of $8.45bn for the second quarter, up from $6.25bn in the first and $2.8bn in the second quarter a year earlier. This was well ahead of analysts' expectations of $6.8bn.

Its sector had been one of the top performers year-to-date and some market observers were cautioning that a failure to tweak a planned price cap on Russian oil exports by the European Union might result in a spike in the price of oil.

Yet just four days before, on 26 September, analysts at JP Morgan had downgraded their recommendation for the shares from 'overweight to 'neutral' and lowered their target price from 530.0p to 520.0p.

Top Director Buys

Bp (BP.)

Director name: Blanc,Amanda

Amount purchased: 23,500 @ 438.92p

Value: £103,145.94

Aviva (AV.)

Director name: Blanc,Amanda

Amount purchased: 25,704 @ 389.39p

Value: £100,089.99

Grafton Group Ut (cdi) (GFTU)

Director name: Roney,Michael J

Amount purchased: 12,000 @ 624.70p

Value: £74,964.00

Sirius Real Estate Ltd. (SRE)

Director name: Kitchen,Daniel (Danny) John

Amount purchased: 75,000 @ 67.00p

Value: £50,250.00

Trufin (TRU)

Director name: Dentskevich,Paul

Amount purchased: 45,000 @ 65.50p

Value: £29,475.00

Lindsell Train Inv Trust (LTI)

Director name: Cazalet,Charles Julian

Amount purchased: 25 @ 97,000.00p

Value: £24,250.00

Jersey Electricity 'a' Shares (JEL)

Director name: Taylor,Tony

Amount purchased: 4,000 @ 528.00p

Value: £21,120.00

Convatec Group (CTEC)

Director name: Coussios,Constantin

Amount purchased: 9,861 @ 204.89p

Value: £20,204.40

Mortgage Advice Bureau (holdings) (MAB1)

Director name: Jones,Mike

Amount purchased: 3,000 @ 666.96p

Value: £20,008.80

Edinburgh Worldwide Inv Trust (EWI)

Director name: James,Helen

Amount purchased: 11,872 @ 168.00p

Value: £19,944.96

Thg (THG)

Director name: Moulding,Matthew

Amount purchased: 4,900,000 @ 0.39p

Value: £19,110.00

Southern Energy Corp. Npv (di) (SOUC)

Director name: Beynon,Bruce Michael

Amount purchased: 40,000 @ $0.74

Value: $17,393.37

Gresham House Energy Storage Fund (GRID)

Director name: Pitt,Cathy

Amount purchased: 6,243 @ 167.00p

Value: £10,425.81

Jersey Electricity 'a' Shares (JEL)

Director name: Austin,Philip

Amount purchased: 2,000 @ 520.00p

Value: £10,400.00

Mortgage Advice Bureau (holdings) (MAB1)

Director name: Ker,Katherine Innes

Amount purchased: 735 @ 650.00p

Value: £4,777.50

Johnson Matthey (JMAT)

Director name: Mottershead,Chris

Amount purchased: 166 @ 1,789.36p

Value: £2,970.34

Mortgage Advice Bureau (holdings) (MAB1)

Director name: Imlach,Nathan James McLean

Amount purchased: 263 @ 635.00p

Value: £1,670.05

Supermarket Income Reit (SUPR)

Director name: Davies,Frances

Amount purchased: 24,774 @ 1.01p

Value: £250.00

Great Portland Estates (GPE)

Director name: Nicholson,Dan

Amount purchased: 35 @ 430.86p

Value: £150.80

Great Portland Estates (GPE)

Director name: Sanderson,Nick

Amount purchased: 35 @ 430.86p

Value: £150.80

Great Portland Estates (GPE)

Director name: Courtauld,Toby

Amount purchased: 35 @ 430.86p

Value: £150.80

Top Director Sells