(Sharecast News) - TalkTalk revealed on Tuesday that non-executive director Roger Taylor had acquired 500,000 ordinary shares in the FTSE 250-listed telecommunications firm.
Taylor, who joined TalkTalk's board back in 2015, purchased the shares in two separate transactions, one on Monday at an average price of 88.81p each and the other on Tuesday at an average price of 87.43p each - for a total value of £440,600.01.
Last week, TalkTalk pulled guidance and set aside £15m for bad debts in 2021 in response to the coronavirus crisis but kept its dividend and reported a rise in core earnings on the back of higher fibre internet takeup.
TalkTalk reported a 9.7% rise in earnings before interest, tax, depreciation and amortisation to £260m on the back of a 1.9% fall in revenue to £1.51bn. TalkTalk maintained a final dividend of 1.5p a share.
As of 1625 BST, Talktalk shares were up 0.34% at 89.65p.
Top Director Buys
Talktalk Telecom Group (TALK)
Director name: Taylor,Roger
Amount purchased: 250,000 @ 88.81p
Value: £222,025.01
Talktalk Telecom Group (TALK)
Director name: Taylor,Roger
Amount purchased: 250,000 @ 87.43p
Value: £218,575.00
Renold (RNO)
Director name: Harper,Mark
Amount purchased: 100,000 @ 11.64p
Value: £11,640.00
Renold (RNO)
Director name: Harper,Mark
Amount purchased: 105,200 @ 9.50p
Value: £9,994.00
Parity Group (PTY)
Director name: Conoley,John
Amount purchased: 35,000 @ 9.30p
Value: £3,255.00
Oxford Biodynamics (OBD)
Director name: Stockdale,Paul
Amount purchased: 5,000 @ 64.95p
Value: £3,247.50
Balfour Beatty (BBY)
Director name: Quinn,Leo
Amount purchased: 58 @ 258.65p
Value: £150.02
Severfield (SFR)
Director name: Cochrane,Ian
Amount purchased: 165 @ 75.79p
Value: £125.05
Severfield (SFR)
Director name: Dunsmore,Alan
Amount purchased: 165 @ 75.79p
Value: £125.05
Victrex Plc (VCT)
Director name: Court ,Martin
Amount purchased: 6 @ 2,018.00p
Value: £121.08
Top Director Sells
United Utilities Group (UU.)
Director name: Houlden,Russ
Amount sold: 22,966 @ 924.24p
Value: £212,260.96
United Utilities Group (UU.)
Director name: Mogford,Steven L
Amount sold: 22,258 @ 924.24p
Value: £205,717.34
18 Nov 2019 11:18
UPDATE 2-UK's Johnson drops corporate tax cuts to fund spending as election nears
(Adds CBI reaction, background)LONDON, Nov 18 (Reuters) - British Prime Minister Boris Johnson said on Monday he was putting on hold further cuts in corporation tax and told voters he would pump the money into services such as health instead, add...
Read more