Standard Chartered non-exec builds company holding after profit decline

11th Mar 2014 15:45

An Independent Non-Executive Director of Standard Chartered has this week upped his stake in the group by a quarter with the purchase of 2,500 shares. John Paynter, who was appointed to his role in 2008, bought the shares at 1,246.50p each for a total of £31,163, taking his total holding to 12,500 shares. The company last week revealed it had suffered its first fall in annual profits in a decade amid volatile financial markets and difficulties in South Korea.Statutory profit dropped 11% to $6.1bn in the year through December 2013 following a $1bn writedown in the Korean unit in August after lenders in the country were forced to write off personal loans.However, the emerging-markets focused bank tried to reassure investors that it was still an "exciting growth story".Income rose 8% to $19.1bn and normalised earnings per share gained 15% to 225.2 cents, driven by a diversity of customers, products and markets. Top Director BuysSirius Minerals (SXX) Director name: Mr Russell Scrimshaw Amount purchased: 1,666,666 @ 12.00p Value: £200,000Bluefield Solar Income Fund Limited (BSIF) Director name: Mr John ScottAmount purchased: 100,000 @ 101.90p Value: £101,900Sirius Minerals (SXX) Director name: Mr Jason MurrayAmount purchased: 541,666 @ 12.00p Value: £65,000Intertek Group (ITRK) Director name: Mr Mark WilliamsAmount purchased: 2,000 @ 3,043.07p Value: £60,861Sirius Minerals (SXX) Director name: Mr Keith ClarkeAmount purchased: 416,666 @ 12.00p Value: £50,000Stobart Group Ltd. (STOB) Director name: Mr Richard ButcherAmount purchased: 37,800 @ 131.25p Value: £49,612Standard Chartered (STAN) Director name: Mr John PaynterAmount purchased: 2,500 @ 1,246.50p Value: £31,162Ixico (IXI) Director name: Mr Andrew RichardsAmount purchased: 13,700 @ 78.00p Value: £10,686Ixico (IXI) Director name: Mr Tim SharpingtonAmount purchased: 12,750 @ 78.50p Value: £10,009Top Director SellsIntertek Group (ITRK) Director name: Mr Wolfhart HauserAmount sold: 44,619 @ 3,059.31p Value: £1,365,034Coca-Cola HBC AG (CDI) (CCH) Director name: Mr Christos IoannouAmount sold: 47,500 @ 1,510.70p Value: £717,582Intertek Group (ITRK) Director name: Mr Lloyd PitchfordAmount sold: 16,799 @ 3,059.31p Value: £513,933Keller Group (KLR) Director name: Mr Justin R AtkinsonAmount sold: 32,043 @ 1,037.00p Value: £332,286Keller Group (KLR) Director name: Mr James HindAmount sold: 23,055 @ 1,037.00p Value: £239,080Intertek Group (ITRK) Director name: Mr Wolfhart HauserAmount sold: 6,000 @ 3,022.15p Value: £181,329Keller Group (KLR) Director name: Mr Wolfgang SondermannAmount sold: 15,041 @ 1,037.00p Value: £155,975NR