Wednesday 9th July 2008
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Admiral founder lifts stake

Admiral founder takes more shares

14.03.2008

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

Henry Engelhardt, chief executive and founder of insurer Admiral, bought 24,000 shares in the company today, spending nearly £200,000.

He paid 830p for each share and now has 40.49m shares in the company, or a total stake of 15.4%.

Engelhardt launched Admiral in Swansea in 1993 with the aim of selling car insurance to people who traditionally had difficulties getting it cheaply, such as city-dwellers, young drivers and drivers of fast cars.

Top Director Buys

Admiral Group (ADM)

Director name: Mr Henry Engelhardt

Amount purchased: 24,000 @ 830.00p

Value: £199,200

Record (REC)

Director name: Mrs Leslie Hill

Amount purchased: 100,000 @ 80.00p

Value: £80,000

Canaccord Capital (CCI)

Director name: Dr Dr Michael Angus Walker

Amount purchased: 8,097 @ 494.80p

Value: £40,064

Diploma (DPLM)

Director name: Mr I Henderson

Amount purchased: 39,875 @ 167.00p

Value: £66,591

News Corp A (NCRA)

Director name: Mr Jose Maria Aznar

Amount purchased: 2,500 @ $17.93

Value: $44,825

Biocare Solutions (BSN)

Director name: Mr Stuart Anderson

Amount purchased: 500,000 @ 5.00p

Value: £25,000

Datong (DTE)

Director name: Mr Paul Roland Scott Lever

Amount purchased: 20,000 @ 107.00p

Value: £21,400

Prudential (PRU)

Director name: Sir Sir David Clementi

Amount purchased: 3,000 @ 666.50p

Value: £19,995

BBA Aviation (BBA)

Director name: Mr Michael Harper

Amount purchased: 10,000 @ 166.20p

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Value: £16,620

Trust Property Management (TPM)

Director name: Mr Benjamin Mire

Amount purchased: 150,000 @ 10.80p

Value: £16,200

Top Director Sells

Abcam (ABC)

Director name: Dr Jonathan Simon Milner

Amount sold: 1,000,000 @ 345.00p

Value: £3,450,000

Abcam (ABC)

Director name: Dr David Douglas Cleevely

Amount sold: 500,000 @ 345.00p

Value: £1,725,000

Pan African Resources (PAF)

Director name: Mr Jan Petrus Nelson

Amount sold: 3,000,000 @ 7.00p

Value: £210,000

Abcam (ABC)

Director name: Mr David James Warwick

Amount sold: 30,000 @ 345.00p

Value: £103,500

Tenon Group (TNO)

Director name: Mr C A McFetrich

Amount sold: 175,000 @ 53.80p

Value: £94,150

Bradford & Bingley (BB.)

Director name: Mr Mark Stevens

Amount sold: 24,048 @ 203.30p

Value: £48,890

Diploma (DPLM)

Director name: Mr I Henderson

Amount sold: 18,875 @ 166.00p

Value: £31,332

Beazley Group (BEZ)

Director name: Mr Andrew Beazley

Amount sold: 9,693 @ 164.30p

Value: £15,926



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