Seneca Global Income & Growth Trust (SIGT)

Sector:

Investment Firms

Index:

FTSE Fledgling

 174.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 181.75
  • 52 Week Low: 159.25
  • Currency: UK Pounds
  • Shares Issued: 49.25m
  • Volume: 18,963
  • Market Cap: £85.70m
  • Beta: 0.10

Vedanta's Anil Agarwal ramps up stake, again

Date: Friday 24 Jan 2014

LONDON (ShareCast) - In an announcement made after the close of trade on Thursday, Vedanta Resources announced that Executive Chairman Anil Agarwal had once again added to his already gargantuan stake in the mining behemoth - marking his second purchase of the week.

The transaction came the same day he told his Twitter followers that "investment must be made in exploration and development of natural resources to eradicate poverty & unemployment".

Altogether the Indian billionaire this week added a further 464,289 shares to his previous holding of 179.32m shares.

239,289 of the shares were acquired for 898p, while another 225,000 were priced at 973p, giving a total spend of just under £4.26m.

Agarwal, who now owns a whopping 67.42% stake in the FTSE 100-listed group, on Thursday argued on social network Twitter that "legitimate" mining shouldn't be curbed. The company last year faced heavy criticism over its plans to drill a bauxite mine on the sacred hills worshipped by a number of Indian tribes.

Last week the country's authorities rejected Vedanta's proposal after 12 representative villages last year voted against it.


Top Director Buys

ITE Group (ITE)
Director name: Mr Edward Strachan
Amount purchased: 164,000 @ 313.00p
Value: £513,320

General Electric Co (GEC)
Director name: Mr W. Geoffrey Beattie
Amount purchased: 2,000 @ € 19.34
Value: € 38,683

Midas Income & Growth Trust (MIGT)
Director name: Mr Richard A M Ramsay
Amount purchased: 36,500 @ 135.25p
Value: £49,366

FirstGroup (FGP)
Director name: Mr John McFarlane
Amount purchased: 10,642 @ 136.00p
Value: £14,473

APC Technology Group (APC)
Director name: Mr Leonard Seelig
Amount purchased: 20,626 @ 55.00p
Value: £11,344


Top Director Sells

Judges Scientific (JDG)
Director name: Mr Ralph Cohen
Amount sold: 30,000 @ 2,000.00p
Value: £600,000

Eckoh (ECK)
Director name: Mr Nicolas B Philpot
Amount sold: 477,643 @ 32.27p
Value: £154,135

SpaceandPeople (SAL)
Director name: Mr Maurice Helfgott
Amount sold: 85,000 @ 132.50p
Value: £112,625

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.

 

SIGT Market Data

Currency UK Pounds
Share Price 174.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 181.75
52 Week Low 159.25
Volume 18,963
Shares Issued 49.25m
Market Cap £85.70m
Beta 0.10

SIGT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.86% below the market average50.86% below the market average50.86% below the market average50.86% below the market average50.86% below the market average
24.18% below the sector average24.18% below the sector average24.18% below the sector average24.18% below the sector average24.18% below the sector average
Price Trend
28.32% above the market average28.32% above the market average28.32% above the market average28.32% above the market average28.32% above the market average
9.97% above the sector average9.97% above the sector average9.97% above the sector average9.97% above the sector average9.97% above the sector average
Income
10.45% below the market average10.45% below the market average10.45% below the market average10.45% below the market average10.45% below the market average
60.78% above the sector average60.78% above the sector average60.78% above the sector average60.78% above the sector average60.78% above the sector average
Growth
24.98% above the market average24.98% above the market average24.98% above the market average24.98% above the market average24.98% above the market average
38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average38.46% above the sector average

SIGT Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 28-Nov-19 05-Sep-19
Paid 20-Dec-19 27-Sep-19
Amount 1.68p 1.68p

Trades for 05-Dec-2019

Time Volume / Share Price
16:24 3,150 @ 174.39p
15:06 400 @ 174.39p
13:09 1,490 @ 174.39p
11:20 1,375 @ 174.40p
10:54 10,000 @ 172.80p

SIGT Key Personnel

Chair Richard A M Ramsay

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