Aberdeen Diversified Income and Growth Trust (ADIG)

Sector:

Investment Firms

Index:

FTSE Small Cap

90.40p
   
  • Change Today:
    -0.60p
  • 52 Week High: 115.00
  • 52 Week Low: 69.00
  • Currency: UK Pounds
  • Shares Issued: 319.05m
  • Volume: 515,883
  • Market Cap: £288.42m
  • RiskGrade: 192

Melrose Chairman invests 6.6m pounds through share purchase

By Benjamin Chiou

Date: Thursday 27 Jun 2013

LONDON (ShareCast) - Industrial investment conglomerate Melrose saw its long-running Chairman invest over six and a half millions pounds in the company this week.

Harris & Sheldon Investments, an investment company connected with Executive Chairman Christopher Miller, purchased 2.76m shares through three transactions between June 24th and June 26th, spending a total of £6.64m.

Miller, who joined the board back in 2003, now has a holding in Melrose of nearly 17m shares (equal to 1.34% of the issued share capital), 6.8m of which is held by Harris & Sheldon.

The transactions came just a few days after Melrose confirmed the sale of motor manufacturing division Marelli Motori for €212m (£181m), a higher price than analysts were estimating.

In a research report last week, broker Investec pointed out that the sale – combined with other disposals this year – increased the likelihood that Melrose could announce a “sizeable” cash return of around 50p a share, possibly by the end of 2013.

Top Director Buys

Melrose Industries (MRO)
Director name: Mr James Christopher Miller
Amount purchased: 1,651,480 @ 243.31p
Value: £4,018,216

Melrose Industries (MRO)
Director name: Mr James Christopher Miller
Amount purchased: 1,066,975 @ 236.69p
Value: £2,525,530

Liontrust Asset Management (LIO)
Director name: Mr John Stephen Ions
Amount purchased: 59,146 @ 192.50p
Value: £113,856

Melrose Industries (MRO)
Director name: Mr James Christopher Miller
Amount purchased: 41,545 @ 243.71p
Value: £101,249

Liontrust Asset Management (LIO)
Director name: Mr Vinay Kumar Abrol
Amount purchased: 39,602 @ 192.50p
Value: £76,234

Ariana Resources (AAU)
Director name: Mr Michael de Villiers
Amount purchased: 3,636,360 @ 1.00p
Value: £36,364

F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 36,000 @ 94.73p
Value: £34,103

British Assets Trust (BSET)
Director name: Mr James Macleod
Amount purchased: 25,000 @ 125.75p
Value: £31,438

Imagination Technologies Group (IMG)
Director name: Mr David Hurst-Brown
Amount purchased: 10,000 @ 292.40p
Value: £29,240

SimiGon Ltd. (DI) (SIM)
Director name: Mr Alistair Rae
Amount purchased: 36,250 @ 28.00p
Value: £10,150

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ADIG Market Data

Currency UK Pounds
Share Price 90.40p
Change Today -0.60p
% Change -0.66 %
52 Week High 115.00
52 Week Low 69.00
Volume 515,883
Shares Issued 319.05m
Market Cap £288.42m
RiskGrade 192

ADIG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.53% above the market average71.53% above the market average71.53% above the market average71.53% above the market average71.53% above the market average
89.97% above the sector average89.97% above the sector average89.97% above the sector average89.97% above the sector average89.97% above the sector average
Price Trend
21.71% below the market average21.71% below the market average21.71% below the market average21.71% below the market average21.71% below the market average
51.09% below the sector average51.09% below the sector average51.09% below the sector average51.09% below the sector average51.09% below the sector average
Income
11.90% above the market average11.90% above the market average11.90% above the market average11.90% above the market average11.90% above the market average
58.43% above the sector average58.43% above the sector average58.43% above the sector average58.43% above the sector average58.43% above the sector average
Growth
63.69% below the market average63.69% below the market average63.69% below the market average63.69% below the market average63.69% below the market average
59.4% below the sector average59.4% below the sector average59.4% below the sector average59.4% below the sector average59.4% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ADIG Dividends

  Latest Previous
  Q1 Q4
Ex-Div 05-Mar-20 24-Dec-19
Paid 27-Mar-20 24-Jan-20
Amount 1.36p 1.34p

Trades for 05-Jun-2020

Time Volume / Share Price
16:37 25,000 @ 90.40p
16:36 25,000 @ 90.40p
16:36 50,000 @ 90.40p
16:35 285 @ 90.40p
16:26 5,541 @ 90.23p

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