Sunday 6th July 2008
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Signet chairman more than doubles stake

Signet chairman more than doubles stake

17.01.2008

This genius investor does dizzying levels of research to uncover...Half Price Shares!

Jeweller Signet's chairman Malcolm Williamson has bought a further 100,000 shares in the company, more than doubling his stake to 173,999 shares.

He bought the shares for 63p, having purchased 12,394 shares at 56.4p each on January 14.

Shares in Signet rallied today, despite the company reporting last week a fall in sales during the Christmas period which prompted a broker downgrade from JP Morgan on January 14.

The troubled jeweller's share price has almost halved in the past six months.

Top Director Buys

Dolphin Capital Investors (DCI)

Director name: Mr Miltos Kambourides

Amount purchased: 7,200,000 @ 139.00p

Value: £10,008,000

GlaxoSmithKline (GSK)

Director name: Dr Jean-Pierre Garnier

Amount purchased: 3,546 @ 1,374.42p

Value: £48,737

Impax Group (IPX)

Director name: Mr Mark White

Amount purchased: 200,000 @ 37.00p

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Impax Group (IPX)

Director name: Mr Peter Gibbs

Amount purchased: 200,000 @ 37.00p

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Signet Group (SIG)

Director name: Mr Malcolm Williamson

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Amount purchased: 100,000 @ 63.00p

Value: £63,000

Marks & Spencer Group (MKS)

Director name: Ms Martha Lane Fox

Amount purchased: 13,000 @ 394.50p

Value: £51,285

GlaxoSmithKline (GSK)

Director name: Dr Jean-Pierre Garnier

Amount purchased: 1,496 @ 1,379.30p

Value: £20,634

Synchronica (SYNC)

Director name: Mr Angus Dent

Amount purchased: 500,000 @ 6.60p

Value: £33,000

Northern Foods (NFDS)

Director name: Mr Stefan Barden

Amount purchased: 33,000 @ 89.00p

Value: £29,370

Braemar Shipping Services (BMS)

Director name: Mr Alan Marsh

Amount purchased: 5,000 @ 431.35p

Value: £21,568



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