Aberdeen Diversified Income and Growth Trust (ADIG)

Sector:

Investment Firms

Index:

FTSE Small Cap

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114.75p
   
  • Change Today:
      2.25p
  • 52 Week High: 125.25p
  • 52 Week Low: 112.00p
  • Currency: UK Pounds
  • Shares Issued: 330.70m
  • Volume: 266,589
  • Market Cap: £379.48m
  • RiskGrade: 84
  • Beta: 0.02

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 114.75p
Change Today 2.25p
% Change 2.00 %
52 Week High 125.25p
52 Week Low 112.00p
Volume 266,589
Shares Issued 330.70m
Market Cap £379.48m
Beta 0.02
RiskGrade 84

ADIG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.22% below the market average36.22% below the market average36.22% below the market average36.22% below the market average36.22% below the market average
12.46% above the sector average12.46% above the sector average12.46% above the sector average12.46% above the sector average12.46% above the sector average
Price Trend
19.94% above the market average19.94% above the market average19.94% above the market average19.94% above the market average19.94% above the market average
4.30% above the sector average4.30% above the sector average4.30% above the sector average4.30% above the sector average4.30% above the sector average
Income
4.24% above the market average4.24% above the market average4.24% above the market average4.24% above the market average4.24% above the market average
76.47% above the sector average76.47% above the sector average76.47% above the sector average76.47% above the sector average76.47% above the sector average
Growth
39.2% below the market average39.2% below the market average39.2% below the market average39.2% below the market average39.2% below the market average
12.09% below the sector average12.09% below the sector average12.09% below the sector average12.09% below the sector average12.09% below the sector average

ADIG Dividends

  Latest Previous
  Q4 Q3
Ex-Div 27-Dec-18 20-Sep-18
Paid 25-Jan-19 12-Oct-18
Amount 1.31p 1.31p

Trades for 18-Jan-2019

Time Volume / Share Price
16:09 1,230 @ 115.00p
16:09 1,500 @ 115.00p
15:28 200 @ 114.55p
15:05 4,200 @ 113.88p
13:46 850 @ 113.73p

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