Director dealings: GSK director ups stake
GlaxoSmithKline director Victoria Whyte acquired £47,000 worth of ordinary shares in the UK's biggest drugs company on Thursday.
FTSE 100
7,952.62
17:14 28/03/24
FTSE 350
4,383.21
17:14 28/03/24
FTSE All-Share
4,338.05
16:50 28/03/24
GSK
1,708.60p
17:14 28/03/24
Pharmaceuticals & Biotechnology
21,366.25
17:14 28/03/24
Whyte, who joined GSK's corporate secretariat more than 30 years ago, purchased just over 3,000 shares at an average price of 1,547p each, for a total transaction value of £46,719.40.
Just last week, GlaxoSmithKline reported full-year sales of more than £30bn last Wednesday but warned that earnings in the current year would be hurt by generic competition to its blockbuster asthma treatment.
GSK revealed 2018 group sales were £30.8bn, for a 2% increase on the previous year, while pre-tax profits were ahead by 36% at £4.8bn.
Fourth-quarter sales came in at £8.2bn and adjusted earnings per share at 31.2p. Analysts had been looking for adjusted EPS of around 27.7p.
As of 1615 GMT, GSK shares had picked up 1.82% to 1,575.20p.
Top Director Buys
Glaxosmithkline (GSK)
Director name: Whyte,Victoria
Amount purchased: 3,020 @ 1,547.00p
Value: £46,719.40
Castings (CGS)
Director name: Vicary,Adam
Amount purchased: 3,000 @ 357.00p
Value: £10,710.00
Emis Group (EMIS)
Director name: Southby,Peter
Amount purchased: 16 @ 940.00p
Value: £150.40
Kcom Group (KCOM)
Director name: Bielby,Anna
Amount purchased: 204 @ 73.60p
Value: £150.14
Aa (AA.)
Director name: Clarke,Martin C
Amount purchased: 165 @ 90.81p
Value: £149.84
Nucleus Financial Group (NUC)
Director name: Ferguson,David Ritchie
Amount purchased: 88 @ 170.00p
Value: £149.60
Go-ahead Group (GOG)
Director name: Brown,David
Amount purchased: 8 @ 1,827.98p
Value: £146.24
Go-ahead Group (GOG)
Director name: Ferguson,Carolyn
Amount purchased: 8 @ 1,827.98p
Value: £146.24
Top Director Sells
Beazley (BEZ)
Director name: Bride,Martin
Amount sold: 67,070 @ 505.25p
Value: £338,871.16
Beazley (BEZ)
Director name: Bride,Martin
Amount sold: 52,684 @ 505.25p
Value: £266,185.90
Beazley (BEZ)
Director name: Horton,Andrew
Amount sold: 50,948 @ 505.25p
Value: £257,414.76
Beazley (BEZ)
Director name: Horton,Andrew
Amount sold: 47,073 @ 505.25p
Value: £237,836.32
Beazley (BEZ)
Director name: Cox ,Adrian
Amount sold: 39,191 @ 505.25p
Value: £198,012.52
Beazley (BEZ)
Director name: Cox ,Adrian
Amount sold: 26,079 @ 505.25p
Value: £131,764.14
Beazley (BEZ)
Director name: Bride,Martin
Amount sold: 11,353 @ 505.25p
Value: £57,361.03
Beazley (BEZ)
Director name: Horton,Andrew
Amount sold: 10,115 @ 505.25p
Value: £51,106.04
Grainger (GRI)
Director name: Gordon,Helen
Amount sold: 13,465 @ 242.60p
Value: £32,666.09
Beazley (BEZ)
Director name: Cox ,Adrian
Amount sold: 5,604 @ 505.25p
Value: £28,314.21
Grainger (GRI)
Director name: Simms,Vanessa
Amount sold: 5,579 @ 242.60p
Value: £13,534.65