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Director dealings: Huntsworth trio load up on shares

Wed, 27th Jul 2016 09:52

(ShareCast News) - A trio of Huntsworth directors bought shares in the marketing and communications group the evening after its interim results.Chairman Derek spent £66,500 at 40.1p, chief executive Paul Taaffe £39,650 at 39.65p and finance director Neil Jones just over £35,800 at 39.82p, the company revealed after trading closed overnight.Earlier on Tuesday, Huntsworth revealed that in the half-year to 30 June it had slashed losses 80% to £8.9m thanks to widening margins in three of its four divisions compared to the same period a year ago, while revenues only edged up 4% to £86.6m.Taaffe said underlying profit before tax grew 21% thanks to accelerating growth at Huntsworth Health, Red and City PR firm Citigate Dewe Rogerson, with imminent completion of the final phase of restructuring at global PR business Grayling expected to deliver upside next year."Business momentum in Huntsworth Health remains strong, especially in the US, which will offset the impact that the Grayling restructure imposes on growth and any potential fallout from the uncertainty created by the UK's EU membership referendum vote," he added.Analysts at Numis forecast pre-tax profits of £15m this calendar year, giving EPS of 3.2p.Top Director BuysFrench Connection Group (FCCN)Director name: Angelides,C EAmount purchased: 25,000 @ 37.00pValue: £9,250.00Frontera Resources Corporation (di) (FRR)Director name: Szescila,Andrew JAmount purchased: 2,500,000 @ 0.09pValue: £2,325.00Tethyan Resources (TETH)Director name: Mullens , Peter James Amount purchased: 50,000 @ 3.95pValue: £1,975.00Walker Crips Group (WCW)Director name: Gelber,DavidAmount purchased: 328 @ 45.50pValue: £149.24Walker Crips Group (WCW)Director name: Lam,Sean Kin WaiAmount purchased: 328 @ 45.50pValue: £149.24Walker Crips Group (WCW)Director name: Elliott,RobertAmount purchased: 328 @ 45.50pValue: £149.24Walker Crips Group (WCW)Director name: Rushton,MarkAmount purchased: 328 @ 45.50pValue: £149.24Walker Crips Group (WCW)Director name: Fitzgerald,Rodney ArnoldAmount purchased: 328 @ 45.50pValue: £149.24Totally (TLY)Director name: Holt,Robert (Bob)Amount purchased: 9 @ 70.00pValue: £6.30
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UK BROKER RATINGS SUMMARY: Bernstein Upgrades BAT To Outperform

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3 Mar 2020 13:51

Huntsworth to go private in £400m cash deal

(Sharecast News) - Huntsworth has agreed to sell itself for £400m to a US private equity firm so that the healthcare and communications company can grow through acquisitions.

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3 Mar 2020 12:46

Tuesday broker round-up

(Sharecast News) - Huntsworth: Liberum downgrades to hold with a target price of 108p.

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3 Mar 2020 10:46

Huntsworth Agrees GBP400 Million Cash Offer From US Private Equity

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3 Mar 2020 08:33

UPDATE 2-U.S. buyout firm CD&R to buy UK's Huntsworth for $511 mln in pharma bet

* CD&R to buy Huntsworth for 108p/share* CD&R sees attractive pharma-related trends* Huntsworth full-year pretax profit up 27%* Shares soar more than 50% on news (Adds analyst comments, background, advisers, updates shares)By Yadarisa ShabongMarch 3...

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3 Mar 2020 08:33

UPDATE 1-Huntsworth surges on $511 mln buyout deal from U.S. private equity firm

(Adds details on deal, results, share price)March 3 (Reuters) - U.S.-based private equity firm Clayton, Dubilier & Rice said on Tuesday it will buy British advertising and marketing company Huntsworth for about 400 million pounds ($511 million), s...

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25 Feb 2020 16:05

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Merian Global Investors Reduces Holding In Huntsworth To 4.7%

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UK BROKER RATINGS SUMMARY: Goldman Adds HSBC, Pulls Melrose From List

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Huntsworth Outlook Confident As Expects At Least 25% Profit Growth

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