Town Centre Securities (TOWN)

Sector:

Property Investment Trusts

Index:

FTSE Fledgling

87.00p
   
  • Change Today:
    -0.50p
  • 52 Week High: 232.00
  • 52 Week Low: 81.50
  • Currency: UK Pounds
  • Shares Issued: 53.07m
  • Volume: 20,423
  • Market Cap: £46.17m

Bellway Chairman sells share post transfer after strong results

Date: Thursday 27 Mar 2014

LONDON (ShareCast) - On the same day that it reported a stellar set of half-year results, the Executive Chairman of UK residential property developer Bellway, Ted Ayres, disposed of 12,276 shares.

The stock was part of a larger batch of shares transferred to Ayres from the company's employee share option scheme for a consideration of 844p a share, of which he retained 4,224.

He sold the shares at 1,646.30p each for a total of £202,100.

The FTSE-250 listed group said on Wednesday pre-tax profit surged 73.3% to £103.8m for the half-year ended January 31st 2014 while revenue for the period jumped 39.5% to £701.1m as demand was driven by low interest rates, more easily available credit and the government Help to Buy scheme.

The firm explained that its results were driven by growth in volume, average selling price and operating margin and underlined its confidence in future trading, prompting a 77.8% hike in its interim dividend.


Top Director Buys

Cairn Energy (CNE)
Director name: Sir Bill Gammell
Amount purchased: 59,800 @ 167.22p
Value: £99,998

Town Centre Securities (TCSC)
Director name: Mr Edward Max Ziff
Amount purchased: 42,000 @ 234.00p
Value: £98,280

Howden Joinery Group (HWDN)
Director name: Mr Matthew Ingle
Amount purchased: 20,770 @ 384.00p
Value: £79,757

Howden Joinery Group (HWDN)
Director name: Mr Mark Robson
Amount purchased: 14,830 @ 384.00p
Value: £56,947

Morrison (Wm) Supermarkets (MRW)
Director name: Mr Trevor Strain
Amount purchased: 23,503 @ 211.15p
Value: £49,627

Vodafone Group (VOD)
Director name: Mr Nicholas C E Land
Amount purchased: 13,000 @ 219.45p
Value: £28,528

Town Centre Securities (TCSC)
Director name: Mr Richard A Lewis
Amount purchased: 8,000 @ 234.00p
Value: £18,720


Top Director Sells

Tyman (TYMN)
Director name: Mr Louis Eperjesi
Amount sold: 98,531 @ 312.25p
Value: £307,663

Laird (LRD)
Director name: Mr Jonathan C Silver
Amount sold: 88,499 @ 301.03p
Value: £266,409

Tyman (TYMN)
Director name: Mr James Brotherton
Amount sold: 73,899 @ 312.25p
Value: £230,750

Bellway (BWY)
Director name: Mr Edward (Ted) Ayres
Amount sold: 12,276 @ 1,646.30p
Value: £202,100

Kerry Group 'A' Shares (KYGA)
Director name: Mr Gerry Behan
Amount sold: 3,000 @ € 54.90
Value: € 164,700

Topps Tiles (TPT)
Director name: Mr Matthew Williams
Amount sold: 20,000 @ 138.50p
Value: £27,700

NR

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

 

TOWN Market Data

Currency UK Pounds
Share Price 87.00p
Change Today -0.50p
% Change -0.57 %
52 Week High 232.00
52 Week Low 81.50
Volume 20,423
Shares Issued 53.07m
Market Cap £46.17m

TOWN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.81% above the market average57.81% above the market average57.81% above the market average57.81% above the market average57.81% above the market average
22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average
Price Trend
89.6% below the market average89.6% below the market average89.6% below the market average89.6% below the market average89.6% below the market average
94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average
Income
27.57% above the market average27.57% above the market average27.57% above the market average27.57% above the market average27.57% above the market average
25% below the sector average25% below the sector average25% below the sector average25% below the sector average25% below the sector average
Growth
74.76% below the market average74.76% below the market average74.76% below the market average74.76% below the market average74.76% below the market average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TOWN Dividends

  Latest Previous
  Final Interim
Ex-Div 03-Dec-20 28-May-20
Paid 05-Jan-21 26-Jun-20
Amount 1.75p 3.25p

Trades for 23-Oct-2020

Time Volume / Share Price
15:28 1,590 @ 85.66p
13:51 5,621 @ 88.34p

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