British Smaller Companies VCT 2 (BSC)

Sector:

Investment Firms

 51.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 52.50
  • 52 Week Low: 49.20
  • Currency: UK Pounds
  • Shares Issued: 131.10m
  • Volume: 5,000
  • Market Cap: £67.52m

Arena Chief puts his money where his mouth is

Date: Tuesday 27 Mar 2012

LONDON (ShareCast) - Mark Elliot, Chief Executive of Arena, the race course owner, has acquired over two million shares in the firm.

The company announced that over 12m ordinary shares in the firm were allotted for submission onto the LSE, over 8.7m of which were allotted following vesting of awards granted pursuant to the Arena Leisure Long Term Incentive Plan.

Following the vesting, under which Elliott acquired 2.5m shares, he also purchased one million shares at 40.75p and 1.05m shares at 39.50p for a total of £820,608.

Earlier this month, the firm revealed that although revenues had slumped, it managed to boost profit before tax, which came in 14.6% ahead of 2010 at £4.2m.

Arena owns seven high profile race courses, including Lingfield Park and Doncaster, but has seen its turnover reduced by the fall in the levy on bookmakers.

As more betting has moved offshore, the number of betting shops which fall under the levy has reduced. The effect on Arena has been a £2.5m decline in revenues in 2011, to £61.5m.

Speaking at the time, Elliott said: "Looking ahead, 2012 sees the commencement of our five year media rights agreement with SIS which significantly enhances the group's income. We intend to maximise the opportunity provided by our catering service contract at the Olympic and Paralympic Games and to extend our in-house catering services to other third party venues and events."

The share price has gained 63% over the past year, but has remained flat during the past week.

As more betting has moved offshore, the number of betting shops which fall under the levy has reduced. The effect on Arena has been a £2.5m decline in revenues in 2011, to £61.5m.

NR


Top Director Buys

Enterprise Inns (ETI)
Director name: Mr Robert M Walker
Amount purchased: 150,000 @ 52.50p
Value: £78,750

British Smaller Companies VCT 2 (BSC)
Director name: Mr Richard Last
Amount purchased: 71,985 @ 70.50p
Value: £50,749

Weir Group (WEIR)
Director name: Mr Alan M Ferguson
Amount purchased: 2,730 @ 1,829.66p
Value: £49,950

Enterprise Inns (ETI)
Director name: Mr Robert M Walker
Amount purchased: 75,000 @ 53.25p
Value: £39,938

Menzies(John) (MNZS)
Director name: Mr Craig Smyth
Amount purchased: 4,936 @ 598.00p
Value: £29,517

Throgmorton Trust (THRG)
Director name: Mr Lord Latymer
Amount purchased: 15,076 @ 195.00p
Value: £29,398

Menzies(John) (MNZS)
Director name: Mr Paul B Dollman
Amount purchased: 3,538 @ 598.00p
Value: £21,157

Menzies(John) (MNZS)
Director name: Mr Craig Smyth
Amount purchased: 1,960 @ 598.00p
Value: £11,721

Charles Taylor Consulting (CTR)
Director name: Mr Alistair J Groom
Amount purchased: 7,650 @ 148.00p
Value: £11,322

Schroder UK Growth Fund (SDU)
Director name: Mr Bob Cowdell
Amount purchased: 8,050 @ 131.37p
Value: £10,575


Top Director Sells

Croda International (CRDA)
Director name: Mr Keith Layden
Amount sold: 18,800 @ 2,141.44p
Value: £402,591

Kingfisher (KGF)
Director name: Mr Ian Cheshire
Amount sold: 91,350 @ 312.26p
Value: £285,250

Morgan Crucible Co (MGCR)
Director name: Mr Andrew Hosty
Amount sold: 6,500 @ 327.00p
Value: £21,255

Charles Taylor Consulting (CTR)
Director name: Mr Alistair J Groom
Amount sold: 7,700 @ 133.00p
Value: £10,241

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

 

BSC Market Data

Currency UK Pounds
Share Price 51.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 52.50
52 Week Low 49.20
Volume 5,000
Shares Issued 131.10m
Market Cap £67.52m

BSC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
72.06% below the market average72.06% below the market average72.06% below the market average72.06% below the market average72.06% below the market average
80.42% below the sector average80.42% below the sector average80.42% below the sector average80.42% below the sector average80.42% below the sector average
Price Trend
3.98% below the market average3.98% below the market average3.98% below the market average3.98% below the market average3.98% below the market average
38.42% below the sector average38.42% below the sector average38.42% below the sector average38.42% below the sector average38.42% below the sector average
Income
6.17% below the market average6.17% below the market average6.17% below the market average6.17% below the market average6.17% below the market average
1.93% below the sector average1.93% below the sector average1.93% below the sector average1.93% below the sector average1.93% below the sector average
Growth
74.34% below the market average74.34% below the market average74.34% below the market average74.34% below the market average74.34% below the market average
61.68% below the sector average61.68% below the sector average61.68% below the sector average61.68% below the sector average61.68% below the sector average

BSC Dividends

  Latest Previous
  Special Interim
Ex-Div 17-Jan-19 22-Aug-19
Paid 15-Feb-19 23-Sep-19
Amount 5.00p 1.50p

Trades for 24-Jan-2020

Time Volume / Share Price
15:29 5,000 @ 50.50p

BSC Key Personnel

Chair Peter Charles Waller

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