Director dealings: NCI Vehicle Rescue | AfriAg

Share this article
Have your say

INSURANCE group NCI Vehicle Rescue recently said sales of its breakdown, pet and motor products were significantly ahead of the same period last year.

In a trading update last month the company revealed that full-year sales were up by almost 64 per cent on the previous year, and that its pre-tax profit is expected to have grown in line with the nine-month result.

It also said that early indications were that breakdown claims losses in the final quarter were in line with company expectations.

“Although there have been significant late snowfalls in March, the extreme weather experienced in recent years did not occur in January and February 2013, resulting in margins not being adversely affected,” it said.

Last week three directors bought shares at 84.1p.

Paul Barrett purchased 28,000 to take his holding up to 103,100, Richard Jackson bought 41,000 and now has 376,217 and Richard Sharman added 5,900 at 84.1p to increase his stake to 536,375.

n SpaceandPeople, the Glasgow-based retail ­marketing firm, said that chairman David Henderson-Williams had sold 25,000 shares at an average price of 104p each.

He now holds 40,000 shares.

• AfriAg, the AIM-listed investing company, said chairman David had acquired 500,000 shares at 1p each.

The move took his holding up to 105.5 million, around 12.8 per cent of the company.

• Two directors at UKMail have increased their holdings.

Guy Buswell purchased 8,823 shares at 510p and now holds 319,516 shares.

Steven Glew purchased 3,018 shares at the same price and now holds 116,937.

Last month the parcel delivery company reported an 18 per cent rise in full-year pre-tax profits as more thrift-conscious consumers look for online shopping deals.

• Sir Peter Gershon, chairman of energy networks group National Grid, has purchased 18,800 shares at 798p a share.

He now holds 60,286 shares. Last month the company announced full-year results showing a record operating profit of £3.6 million after what it said was a strong operational performance.