Baronsmead Second Venture Trust (BMD)

Sector:

Investment Firms

75.50p
   
  • Change Today:
      2.50p
  • 52 Week High: 81.25
  • 52 Week Low: 73.00
  • Currency: UK Pounds
  • Shares Issued: 237.97m
  • Volume: 9,149
  • Market Cap: £179.66m
  • RiskGrade: 53

Inmarsat non-exec doubles shares

Date: Monday 30 Dec 2013

LONDON (ShareCast) - Simon Bax, a Non-Executive Director of Inmarsat, the UK-based satellite telecommunications company, on Friday acquired 1,500 shares, doubling his stake in the FTSE 250-listed group.

Together with his wife, Bax bought the stock at 752.50p a piece for a total trade value of £11,287.50.

The deal comes after the group last month warned that 2014 profits would not only be squeezed by the well-flagged delays to its next-generation satellite, but also by extra costs from other projects and lower spending from the US government.

The company said it was on target to achieve its full-year objectives after third quarter earnings before interest, tax, depreciation and amortisation (EBITDA) climbed 3.6% on revenues that were down 5.8% to $306.9m, below analyst expectations.

December has been a busy month for the group, with the launch of the Inmarsat 5 F1 satellite confirmed, acquired Globe Wireless, a provider of maritime communications services to the shipping market, and also signed a strategic distribution partnership agreement for the game-changing Global Xpress service with pace technology firm Astrium Services.

Elsewhere, Tom Albanese, advisor to Vedanta Resources, has acquired a further 25,163 shares in the group, adding to the 9,587 he purchased last week. He now holds a total of 65,250 shares.


Top Director Buys

Seeing Machines Ltd. (SEE)
Director name: Mr Michael Gerald Roberts
Amount purchased: 1,265,926 @ 3.75p
Value: £47,472

Inmarsat (ISAT)
Director name: Mr Simon Bax
Amount purchased: 1,500 @ 752.50p
Value: £11,288


Top Director Sells

Baronsmead VCT 3 (BMD)
Director name: Mrs Gillian Nott
Amount sold: 25,461 @ 106.12p
Value: £27,019

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.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BMD Market Data

Currency UK Pounds
Share Price 75.50p
Change Today 2.50p
% Change 3.42 %
52 Week High 81.25
52 Week Low 73.00
Volume 9,149
Shares Issued 237.97m
Market Cap £179.66m
RiskGrade 53

BMD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.96% above the market average1.96% above the market average1.96% above the market average1.96% above the market average1.96% above the market average
13.77% below the sector average13.77% below the sector average13.77% below the sector average13.77% below the sector average13.77% below the sector average
Price Trend
32.42% below the market average32.42% below the market average32.42% below the market average32.42% below the market average32.42% below the market average
62.16% below the sector average62.16% below the sector average62.16% below the sector average62.16% below the sector average62.16% below the sector average
Income
9.58% above the market average9.58% above the market average9.58% above the market average9.58% above the market average9.58% above the market average
19.69% above the sector average19.69% above the sector average19.69% above the sector average19.69% above the sector average19.69% above the sector average
Growth
22.66% above the market average22.66% above the market average22.66% above the market average22.66% above the market average22.66% above the market average
27.60% above the sector average27.60% above the sector average27.60% above the sector average27.60% above the sector average27.60% above the sector average

BMD Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Feb-20 29-Aug-19
Paid 06-Mar-20 27-Sep-19
Amount 3.50p 3.00p

Trades for 06-Dec-2019

Time Volume / Share Price
15:18 9,149 @ 74.50p
13:04 20,000 @ 74.50p
09:18 18,024 @ 74.50p

BMD Key Personnel

Chair Anthony Townsend

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