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Pin to quick picksDillistone Share News (DSG)

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Hochschild Chairman increases stake ahead of proposed acquisition

Tue, 08th Oct 2013 15:53

Eduardo Hochschild, the Executive Chairman of Hochschild Mining, whose great uncle founded the Peruvian mining and cement-focused group, this week grew his already sizeable stake with the purchase of a further 16.9m shares. Paying 155p a share, Hochschild spend a total of £26.2m, although this would have made but a small dent in his estimated $2.1bn fortune. The transaction has taken the director's stake in the group to just over 199.3m shares. Hochschild Mining also announced a much more modest purchase by Nigel Moore, a Non-Executive Director, who acquired 12,149 shares at 153.50p for a total of £18,649. His holding in the company now stands at 26,434. The purchases were part of a placing made in relation the agreement last week by the precious metals miner, in which it agreed to acquire the remaining share of two gold and silver mines in Peru from its partner there.The FTSE 250 group proposed to raise between $48m and $96m from institutions and revealed it had secured a $340m senior bridge financing facility to complete the acquisition from International Mineral Corporation (IMZ), in which Hochschild is a 3.2% shareholder. As part of this Eduardo Hochschild provided an irrevocable undertaking to vote all of his current shareholding (then 54% of the currently issued share capital), as well as all shares that he indirectly subscribed to as part of the placing, in favour of the acquisition at an upcoming extraordinary general meeting. Top Director BuysHochschild Mining (HOC) Director name: Mr Eduardo HochschildAmount purchased: 16,905,066 @ 155.00p Value: £26,202,852Waterman Group (WTM) Director name: Mr Nicholas J TaylorAmount purchased: 40,000 @ 54.00p Value: £21,600Waterman Group (WTM) Director name: Mr Nicholas J TaylorAmount purchased: 38,000 @ 56.00p Value: £21,280Aortech International (AOR) Director name: Mr Roy Walter MitchellAmount purchased: 25,000 @ 83.88p Value: £20,970Inland Homes (INL) Director name: Mr Nishith Motilal Meghji MaldeAmount purchased: 49,529 @ 39.65p Value: £19,638Waterman Group (WTM) Director name: Mr Roger FidgenAmount purchased: 35,000 @ 56.00p Value: £19,600Hochschild Mining (HOC) Director name: Mr Nigel MooreAmount purchased: 12,149 @ 153.50p Value: £18,649InternetQ (INTQ) Director name: Mr Iain B JohnstonAmount purchased: 4,000 @ 323.00p Value: £12,920Top Director SellsAllocate Software (ALL) Director name: Mr Allen Arthur Albert SwannAmount sold: 1,119,000 @ 101.80p Value: £1,139,142Dillistone Group (DSG) Director name: Mr Giles Robin Fearnley Amount sold: 20,000 @ 100.00p Value: £20,000NR
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1 Sep 2014 15:20

Dillistone Group launches latest FileFinder software

Dillistone Group, an AIM-quoted supplier of software to the recruitment industry, has launched FileFinder Anywhere, the next generation of its FileFinder Executive Search Management System. FileFinder Anywhere is a suite of products, all of which interact to give users of the FileFinder system th

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1 Sep 2014 08:03

Dillistone Group Launches FileFinder Anywhere

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24 Jul 2014 12:53

Dillistone Group Signs New FileFinder Software Client

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24 Jul 2014 07:30

Dillistone signs deal with Fortune 50 company

AIM-listed Dillistone has signed a contract with a Fortune 50 company for the worldwide use of its FileFinder system. The group, which supply software to the recruitment industry, said the unnamed client will have users operating the system in the Americas, Europe and Asia. The customer will be u

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11 Jun 2014 10:15

Dillistone confirmsH1 profits will fall, but revenue visibility looks up

Recruitment software supplier Dillistone Group on Wednesday confirmed that it still anticipated first-half profits will be down year-on-year, despite higher revenues. Speaking at the annual general meeting, Chairman Mike Love said that, in line with its previous statement, its largest division, Dil

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11 Jun 2014 09:41

Dillistone Still Expecting Interim Revenue Growth But Lower Profit

LONDON (Alliance News) - Dillistone Group PLC Wednesday said it continues to expect revenue in the first half of 2014 to be ahead of last year, but is expecting a lower interim pretax profit than in 2013. In a statement to shareholders ahead of the company's annual general meeting, the AIM-

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29 Apr 2014 13:01

Dillistone Raises Total Dividend, 2013 Profit Broadly Flat

LONDON (Alliance News) - Dillistone Group PLC Tuesday raised its total dividend and expressed confidence in its outlook, after it posted broadly flat pretax profit for 2013, as higher revenue was offset by higher administrative expenses. The recruitment software company proposed a total div

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7 Feb 2014 08:20

UK MORNING BRIEFING: Shares Gain; AstraZeneca Is Conviction Buy

LONDON (Alliance News) - UK shares have opened higher Friday, as the market looks ahead positively to the US non-farm payrolls report later in the day.

After its results on Thursday, AstraZeneca has been named a Conviction Buy by Liberum. Meanwhile, JPMorgan has lif

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7 Feb 2014 07:58

Dillistone Group Says 2013 Trading To Be In Line With Expectations

LONDON (Alliance News) - AIM-quoted software supplier Dillistone Group PLC Friday said it expects its trading performance for 2013 to be in line with market expectations. The company, which supplies software for the international recruitment industry through its Dillistone Systems and Voyag

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21 Jan 2014 10:18

Dillistone Group Launches Portuguese Version Of FileFinder 10 Software Platform

LONDON (Alliance News) - Dillistone Group PLC Tuesday said that it has launched a Portuguese version of its software platform for executive search firms, FileFinder10. The AIM-quoted supplier of software for the international recruitment industry, said that the Portuguese version of the pro

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2 Jan 2014 16:34

Mondi CEO trades in 50,000 shares

David Hathorn, the Chief Executive Officer of international packaging and paper group Mondi, on New Year's Eve reduced his stake in the company by 50,000 shares. Hathorn earned £522,600 from the sale after disposing of each share at 1,045.20p. The trade-in comes just two months after the group re

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2 Jan 2014 11:04

DIRECTOR DEALINGS: Dillistone Product Development Director Sells Shares

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4 Nov 2013 13:20

Dillistone Group To Launch New Software System At European Executive Search Congress Event

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25 Oct 2013 09:41

DIRECTOR DEALINGS: Dillistone Non-Executive Director Sells Shares

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22 Oct 2013 16:26

Prezzo exec slices off 200,000 shares

Kuldip Sehmi, an Executive Director at Italian restaurant chain Prezzo, on Monday traded in 200,000 shares, reducing his stake to 682,244 shares, equal to 0.29 per cent of the issued share capital. Sehmi, who is responsible for the day to day running of approximately half the Prezzo estate, sold t

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