Lakehouse directors nab shares after profit warning

5th Feb 2016 15:43

(ShareCast News) - Members of Lakehouse's board nabbed some shares in the company following a profit warning earlier in the week that saw shares in the asset and energy support services group tank. Chairman Stuart Black, chief executive Sean Birrane, chief financial officer Jeremy Simpson and Michael McMahon, managing director of the Everwarm business, picked up 71,430 shares each at 35p per share.St Modwen Properties' finance director Robert Hudson bought 8,298 shares in the land regeneration company at 385.6p each.The purchase marked his first since his appointment in September last year.Engineering support services group Babcock International said non-executive director Victoire de Margerie purchased 1,000 shares in the company at 880p each.This is her first purchase since her appointment to the board on 1 February.Earlier this week, Babcock said its joint venture with Lockheed Martin, Ascent Flight Training, had been awarded a £1.1bn contract from the Ministry of Defence.The contract is to deliver the fixed wing element of the UK Military Flying Training through to 2033, in partnership with the MoD.Top Director BuysSt. Modwen Properties (SMP)Director name: Hudson ,Robert Amount purchased: 8,298 @ 385.60pValue: £31,997.09Lakehouse (LAKE)Director name: Simpson,JeremyAmount purchased: 71,430 @ 35.00pValue: £25,000.50Lakehouse (LAKE)Director name: Birrane,SeanAmount purchased: 71,430 @ 35.00pValue: £25,000.50Lakehouse (LAKE)Director name: Black,Stuart JohnAmount purchased: 71,430 @ 35.00pValue: £25,000.50Lakehouse (LAKE)Director name: McMahon,Michael Amount purchased: 71,430 @ 35.00pValue: £25,000.50Babcock International Group (BAB)Director name: Margerie,Victoire deAmount purchased: 1,000 @ 880.00pValue: £8,800.00Ixico (IXI)Director name: Hill,DerekAmount purchased: 10,000 @ 38.68pValue: £3,868.00Benchmark Holdings (BMK)Director name: Brookes,Richard BasilAmount purchased: 5,000 @ 63.97pValue: £3,198.50Fusionex International (FXI)Director name: Lim,Alan Amount purchased: 2,000 @ 135.00pValue: £2,700.00There were no director sales at the time of publication