Director dealings: BBA Aviation director ups stake
BBA Aviation non-executive director Stephen King snapped up 60,000 ordinary shares in the FTSE 250-listed aviation services company on Tuesday.
FTSE 250
19,824.16
16:59 26/04/24
FTSE 350
4,470.09
16:59 26/04/24
FTSE All-Share
4,423.59
17:14 26/04/24
Industrial Transportation
4,387.46
16:59 26/04/24
Signature Aviation
396.00p
17:15 28/05/21
King, who joined BBA in early January, purchased 60,000 ordinary shares in the London-based group at an average price of 251.64p each, for a total value of £150,984.
In March, BBA posted better-than-expected operating profits.
On a continuing basis, the outfit posted a 26.3% jump in its full-year 2018 revenues to reach $2.881bn, despite which profits before tax were roughly flat at $340.2m and 3.3% lower on an after-tax basis at $216.3m for earnings per share of 23 cents.
Top-line growth was bolstered by the purchase of EPIC, which contributed $292.5m to group sales, and by the acquisition of licenses by its Ontic unit and favourable exchange rate movements, which added another $12.3m.
As of 1635 BST, BBA shares had picked up 2.48% to 255.60p.
Top Director Buys
BBA Aviation (BBA)
Director name: Mr Stephen King
Amount purchased: 60,000 @ 251.64p
Value: £150,984
Accesso Technology Group (ACSO)
Director name: Ms Karen Slatford
Amount purchased: 11,835 @ 845.00p
Value: £100,006
Accesso Technology Group (ACSO)
Director name: Mr Bill Russell
Amount purchased: 10,000 @ 862.50p
Value: £86,250
Chemring Group (CHG)
Director name: Mr Stephen King
Amount purchased: 35,500 @ 144.60p
Value: £51,333
Polymetal International (POLY)
Director name: Mr M L S De Sousa-Oliveira
Amount purchased: 4,000 @ 860.95p
Value: £34,438
LiDCO Group (LID)
Director name: Mr Phil Cooper
Amount purchased: 650,000 @ 4.50p
Value: £29,250
Jupiter European Opportunities Trust (JEO)
Director name: Mrs Virginia Holmes
Amount purchased: 3,000 @ 725.41p
Value: £21,762
Downing Strategic Micro-Cap Investment Trust Red (DSM)
Director name: Mr Hugh Aldous
Amount purchased: 15,000 @ 72.22p
Value: £10,833
Top Director Sells
Liontrust Asset Management (LIO)
Director name: Mr John Stephen Ions
Amount sold: 103,757 @ 592.00p
Value: £614,241
Liontrust Asset Management (LIO)
Director name: Mr Vinay Kumar Abrol
Amount sold: 68,379 @ 592.00p
Value: £404,804