Whitbread Finance Director buys stake in group

1st Mar 2013 16:15

Nicholas Cadbury, the Finance Director of Whitbread, bought 600 shares at 2,522.88p on Thursday, two days after the hotel and restaurant group posted a 14.8 per cent rise in total sales in the 50 weeks to February 14th. The modest £15,137 purchase follows Tuesday's trading statement, in which the company reported double digit sales growth and said it was on track to deliver full year results in line with expectations. Like-for-like sales rose 3.7% across the whole group in the 50 weeks to February 14th with the biggest like-for-like increase being seen at Costa stores, where sales rose 6.6%. In the 11 weeks to February 14th, total sales rose 16.9% across the whole group while like-for-like sales rose 2.7%. Cadbury's total holding following the purchase is 600. Top Director BuysPan African Resources (PAF) Director name: Mr RA HoldingAmount purchased: 125,000 @ 15.84p Value: £19,800Top Level Domain Holdings Ltd. (DI) (TLDH) Director name: Mr Guy ElliottAmount purchased: 750,700 @ 8.50p Value: £63,810Natasa Mining Ltd. (DI) (NSN) Director name: Mr Ian Mann Amount purchased: 50,000 @ 83.00p Value: £41,500Top Level Domain Holdings Ltd. (DI) (TLDH) Director name: Mr Guy ElliottAmount purchased: 250,000 @ 9.00p Value: £22,500Pan African Resources (PAF) Director name: Mr NA ReynoldsAmount purchased: 10,000 @ 15.64p Value: £1,564Pan African Resources (PAF) Director name: Mr Cobus Loots Amount purchased: 100,000 @ 16.00p Value: £16,000Whitbread (WTB) Director name: Mr Nicholas Cadbury Amount purchased: 600 @ 2,522.88p Value: £15,137