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Hikma Pharmaceuticals non-exec sells 5,700 shares

Tue, 21st May 2013 15:52

Ronald Goode, a non-Executive Director of Hikma Pharmaceuticals, has disposed of 5,700 shares at 983.00p each.The £56,031 sale comes less than a week after the company upgraded its 2013 revenue growth forecast following a strong start to the year. In an announcment released May 16th, the group told investors it expects revenue to rise 13% this year, up from its previous guidance of 10%, driven by the performance of Branded and Injectables and Generics businesses in the year-to-date. The Branded and Injectables unit is on track to meet the firm's full-year guidance, while the Generics arm is continuing to benefit from its doxycycline product which is delivering revenue ahead of forecasts. Branded revenue is expected to increase 11% in 2013, with a slight improvement in adjusted operating margin. Goode now owns 17,000 shares. Top Director BuysSymphony International Holdings Ltd. (SIHL) Amount purchased: 500,000 @ $0.78 Director name: Mr Anil ThadaniValue: $388,750Symphony International Holdings Ltd. (SIHL) Director name: Mr Anil ThadaniAmount purchased: 30,000 @ $0.76 Value: $22,800Xchanging (XCH) Director name: Mr Bill ThomasAmount purchased: 14,289 @ 139.97p Value: £20,000Zotefoams (ZTF) Director name: Ms Marie-Louise Clayton Amount purchased: 8,000 @ 195.00p Value: £15,600JPMorgan Overseas Inv Trust (JMO) Director name: Mr Jonathan Carey Amount purchased: 1,500 @ 923.00p Value: £13,845JPMorgan Claverhouse Inv Trust (JCH) Director name: Mr Andrew L SutchAmount purchased: 2,196 @ 521.39p Value: £11,450Top Director SellsSirius Minerals (SXX) Director name: Mr Jason MurrayAmount sold: 2,166,667 @ 23.00p Value: £498,333Spectris (SXS) Director name: Mr James WebsterAmount sold: 19,821 @ 2,129.31p Value: £422,051Hikma Pharmaceuticals (HIK) Director name: Dr Ronald GoodeAmount sold: 5,700 @ 983.00p Value: £56,031NR
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Electric & General raises NAV by one-fifth

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Timing spot on for JP Morgan Overseas

If, like good comedy, good investment is about timing, Jeroen Huysinga, the manager of the JP Morgan Overseas Trust should be laughing. He took over management of the 120 year-old trust in October 2008. It was a time when share prices generally were going through the floor, but, for him, also when

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