UK Mail Finance and Operations Directors build stakes

9th Jun 2014 15:46

The Group Finance Director and Group Operations Director of UK Mail have both upped their company holdings with the purchase of 4,000 shares each. Both Steven Glew and Carl Moore spent 627p a share, giving each of the deals a trade value of £25,080. The transactions come just a few weeks after the mail and parcel courier to deliver higher annual profits and dividends.Group pre-tax profit rose 28.2% to £22.8m on a 7% lift in revenue to £508.5m.It increased the final dividend by 14.5% to 14.2p per share, giving a total annual dividend increase of 13.3% to 21.3p.The results prompted Investec to raise its pre-tax profit prediction for 2014/15 by 3% to £24m and its earnings per share forecast to 34.6p from 33.5p.Glew's stake in the company now stands at 125,263 shares, while Moore holds 5,177. Top Director BuysRoyal Bank of Scotland Group (RBS) Director name: Mr Robert GillespieAmount purchased: 25,000 @ 340.00p Value: £85,000Cineworld Group (CINE) Director name: Mr Scott RosenblumAmount purchased: 10,377 @ 345.90p Value: £35,894Findel (FDL) Director name: Mr Francois CoumauAmount purchased: 11,155 @ 267.00p Value: £29,784UK Mail Group (UKM) Director name: Mr Steven Peter GlewAmount purchased: 4,000 @ 627.00p Value: £25,080UK Mail Group (UKM) Director name: Mr Carl MooreAmount purchased: 4,000 @ 627.00p Value: £25,080Scapa Group (SCPA) Director name: Mr Paul EdwardsAmount purchased: 15,811 @ 126.00p Value: £19,922Diamondcorp (DCP) Director name: Mr Paul R LoudonAmount purchased: 250,000 @ 7.70p Value: £19,250Scapa Group (SCPA) Director name: Mr Heejae ChaeAmount purchased: 15,000 @ 128.00p Value: £19,200Diamondcorp (DCP) Director name: Mr Euan WorthingtonAmount purchased: 213,000 @ 7.50p Value: £15,975Top Director SellsBunzl (BNZL) Director name: Mr Brian MayAmount sold: 44,500 @ 1,683.00p Value: £748,935Hammerson (HMSO) Director name: Mr Timon DrakesmithAmount sold: 15,936 @ 615.50p Value: £98,086Hammerson (HMSO) Director name: Mr Timon DrakesmithAmount sold: 10,624 @ 615.50p Value: £65,391NR