Zotefoams (ZTF)

Sector:

Industrial Chemicals

Index:

FTSE Small Cap

400.00p
   
  • Change Today:
    -8.00p
  • 52 Week High: 494.00
  • 52 Week Low: 360.00
  • Currency: UK Pounds
  • Shares Issued: 48.62m
  • Volume: 8,873
  • Market Cap: £194.48m
  • RiskGrade: 186

Enterprise Inns bosses sell shares

Date: Monday 17 May 2010

LONDON (ShareCast) - Bosses at the pub group Enterprise Inns have been offloading hefty stakes in the company.

Chief financial officer David George sold the biggest stake, netting more than £250,000. He sold 195,511 shares at 130.2p a time and now has 2m, or 0.4% of the company.

Chief executive Ted Tuppen sold 166,000 at the same price and now has about 3.19m, while chief operating officer Simon Townsend sold 84,258, also at 130.2p each, leaving him with 700,000.

Enterprise Inns said that the shares were sold ‘in part to raise funds following the settlement of tax liabilities arising as a result of exercises of various incentive awards on 12 February 2010.’

The sales were made on May 14, the same week Enterprise, which leases out pubs to landlords rather than managing them centrally, said it had agreed a £625m debt facility.

That will help the company cope with difficult trading conditions, which contributed to a fall in pre-tax profits to £86m before exceptional items in the six months to March 31 from £104m over the same period the previous year as revenues dropped to £371m from £402m.

‘We have a robust balance sheet, a secure, flexible and tax efficient debt structure and we continue to generate strong operating cash flows, enhanced by our successful programme for disposing of underperforming and non-core pubs,’ said Tuppen.

‘We are pleased to have renewed our bank facility with our existing club of banks on terms which fairly reflect current market conditions.’

However, he remains cautious on future trading.

‘We expect trading conditions to remain challenging during the second half of the year and we sincerely hope that the new government will take steps to recognise and support community pubs and their vital role in British society,’ he said.


Top Director Buys

Cryo-Save Group (CRYO)
Director name: Mr Johan Goossens
Amount purchased: 25,000 @ 493.64p
Value: £123,410

WPP Group (WPP)
Director name: Mr Colin R Day
Amount purchased: 10,000 @ 681.79p
Value: £68,179

Specialist Energy Group (SEGR)
Director name: Mr Nicholas Guy Flanagan
Amount purchased: 140,000 @ 42.50p
Value: £59,500

LMS Capital (LMS)
Director name: Mr David Verey
Amount purchased: 100,000 @ 49.50p
Value: £49,500

SVM Global Fund (SVG)
Director name: Mr Terence G Arthur
Amount purchased: 14,260 @ 278.00p
Value: £39,643

Enterprise Inns (ETI)
Director name: Mr Graham E (Ted) Tuppen
Amount purchased: 16,000 @ 130.18p
Value: £20,829

Zotefoams (ZTF)
Director name: Mr Richard J Clowes
Amount purchased: 10,000 @ 105.50p
Value: £10,550


Top Director Sells

Enterprise Inns (ETI)
Director name: Mr David C George
Amount sold: 195,511 @ 130.18p
Value: £254,516

Enterprise Inns (ETI)
Director name: Mr Graham E (Ted) Tuppen
Amount sold: 166,000 @ 130.18p
Value: £216,099

Enterprise Inns (ETI)
Director name: Mr W Simon Townsend
Amount sold: 84,258 @ 130.18p
Value: £109,687

ProStrakan (PSK)
Director name: Dr Wilson Totten
Amount sold: 106,719 @ 79.90p
Value: £85,268

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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.

 

Zotefoams Market Data

Currency UK Pounds
Share Price 400.00p
Change Today -8.00p
% Change -1.96 %
52 Week High 494.00
52 Week Low 360.00
Volume 8,873
Shares Issued 48.62m
Market Cap £194.48m
RiskGrade 186

Zotefoams Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.9% below the market average70.9% below the market average70.9% below the market average70.9% below the market average70.9% below the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average
Price Trend
77.26% below the market average77.26% below the market average77.26% below the market average77.26% below the market average77.26% 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
Income
57.77% below the market average57.77% below the market average57.77% below the market average57.77% below the market average57.77% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
1.69% above the market average1.69% above the market average1.69% above the market average1.69% above the market average1.69% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 3
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Zotefoams Dividends

  Latest Previous
  Interim Final
Ex-Div 09-Sep-21 06-May-21
Paid 08-Oct-21 01-Jun-21
Amount 2.10p 4.27p

Trades for 28-Sep-2021

Time Volume / Share Price
11:41 219 @ 400.00p
11:18 238 @ 400.00p
11:06 1 @ 400.00p
10:56 256 @ 400.00p
10:35 276 @ 400.00p

Zotefoams Key Personnel

CEO David Stirling
Finance Director Gary McGrath

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