Domino's vice chairman sells £1m slice

1st Jun 2009 14:50

Colin Halpern, vice chairman of the pizza delivery firm Domino's, has pocketed more than £1m after offloading some of his shares in the group.H S Real, a company owned by a discretionary trust, the beneficiaries of which are his children, sold 500,000 shares at 205p a share.The sale leaves Halpern with a holding of about 7.5m shares, about 4.6% of the company.Back in February, H S Real offloaded 2.5m shares in Domino's at 210p a time for a cool £5.25m.Unlike many companies in the current climate, the Domino's share price has held up well over the past year in spite of all the turmoil in the economy.The firm appears to have benefited from consumers' tendency to cut back on more expensive luxuries such as restaurant meals while still treating themselves as they stay at home.Last month, like-for-like sales in the 501 mature stores were up 9.3% in the 13 week period to the end of March, which includes the unseasonal outbreak of snow in February, compared with 12.4% in 450 mature stores last year. Top Director BuysClose Brothers Group (CBG) Director name: Mr Preben PrebensenAmount purchased: 75,135 @ 665.50p Value: £500,023BT Group (BT.A) Director name: Mr Ian LivingstonAmount purchased: 224,385 @ 89.70p Value: £201,273Hill and Smith (HILS) Director name: Mr David L GroveAmount purchased: 50,000 @ 197.50p Value: £98,750BT Group (BT.A) Director name: Mr Gavin PattersonAmount purchased: 105,592 @ 89.70p Value: £94,716BT Group (BT.A) Director name: Mr Tony ChanmugamAmount purchased: 67,097 @ 89.70p Value: £60,186Ukraine Opportunity Trust (UKRO) Director name: Mr Gordon William LawsonAmount purchased: 30,000 @ $2.00 Value: $60,000Earthport (EPO) Director name: Mr Peter ChappellAmount purchased: 135,000 @ 42.50p Value: £57,375Cape (CIU) Director name: Mr Martin K MayAmount purchased: 25,000 @ 155.00p Value: £38,750Cape (CIU) Director name: Mr Sean O'ConnorAmount purchased: 25,000 @ 155.00p Value: £38,750Titan Europe (TSW) Director name: Mr Gary ChestertonAmount purchased: 65,000 @ 29.00p Value: £18,850Top Director SellsClose Brothers Group (CBG) Director name: Mr Stephen R HodgesAmount sold: 188,553 @ 662.00p Value: £1,248,221Domino's Pizza UK & IRL (DOM) Director name: Mr Colin HalpernAmount sold: 500,000 @ 205.00p Value: £1,025,000Mandarin In.Sg (MDO) Director name: Mr Edouard EttedguiAmount sold: 500,000 @ $1.51 Value: $755,500Royal Bank of Scotland Group (RBS) Director name: Mr Stephen HesterAmount sold: 254,280 @ 40.20p Value: £102,221Asset Man Inv Trust (AMN) Director name: Mr Barry AlingAmount sold: 100,000 @ 62.50p Value: £62,500