Friday 25th July 2008
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Land Securities' Carnwath spends almost £1m

Land Securities' Carnwath spends almost £1m

29.02.2008

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

Alison Carnwath, a non-executive director at Land Securities, the UK's biggest Real Estate Investment Trust, spent almost £1m on shares in the company.

Carnwath, who is also on the board of the tobacco group Gallaher and insurer Friends Provident, paid £994,934, or 1,608p each, for 61,874 shares.

The purchase lifts her stake in the company to 68,388 shares, or 0.0145%.

Land Securities, which invests in office buildings and retail sites such as the Bullring shopping centre in Birmingham, said on Wednesday it will consider selling its property management division Trillum.

The company said it would, "evaluate the benefits of a sale of its Trillium business against the merits of a demerger."

Recent reports have suggested potential bidders are prepared to pay around £1.5bn for Trillium.

Top Director Buys

Land Securities Group (LAND)

Director name: Mrs Alison J Carnwath

Amount purchased: 61,874 @ 1,608.00p

Value: £994,934

Strategic Natural Resources (SNRP)

Director name: Mr Peter Richard Stephen Earl

Amount purchased: 500,000 @ 37.00p

Value: £185,000

Mckay Secs. (MCKS)

Director name: Mr Andrew E G Gulliford

Amount purchased: 25,000 @ 298.50p

Value: £74,625

Centaur Media (CAU)

Director name: Mr Colin Morrison

Amount purchased: 55,000 @ 94.00p

Value: £51,700

Trinity Mirror (TNI)

Director name: Mrs Sylvia (Sly) Bailey

Amount purchased: 17,458 @ 284.30p

Value: £49,633

National Express Group (NEX)

Director name: Mr Richard Bowker

Amount purchased: 4,274 @ 1,161.00p

Value: £49,621

Helphire Group (HHR)

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Director name: Mr Richard Burrell

Amount purchased: 20,000 @ 192.00p

Value: £38,400

F&C Event Driven (FCEV)

Director name: Mr Christopher Russell

Amount purchased: 40,000 @ 88.50p

Value: £35,400

Whitbread (WTB)

Director name: Mrs Wendy Becker

Amount purchased: 2,500 @ 1,260.50p

Value: £31,512

Trinity Mirror (TNI)

Director name: Mr Vijay Vaghela

Amount purchased: 10,475 @ 284.30p

Value: £29,780

Top Director Sells

Serco Group (SRP)

Director name: Mr Kevin S Beeston

Amount sold: 160,617 @ 446.20p

Value: £716,673

Pan African Resources (PAF)

Director name: Mr Jan Petrus Nelson

Amount sold: 9,000,000 @ 6.00p

Value: £540,000

Victrex (VCT)

Director name: Mr Tim J Walker

Amount sold: 44,274 @ 750.00p

Value: £332,055

Serco Group (SRP)

Director name: Mr Kevin S Beeston

Amount sold: 38,218 @ 451.00p

Value: £172,363



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FTSE 100 - 25 Jul 08