BT director boosts stake
Feb 07, 2012
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Jasmine Whitbread, a non-executive at BT, the FTSE 100 telecoms giant, has phoned up for a stack of shares just days after the firm unveiled a surprise 48% leap in third quarter profits, and announced that it would hit its 2013 earnings target a year early.
Whitbread, who has been on the board at BT for just over a year, added 2,300 shares for 2.14878p each, bringing her total number of shares to 2,940.
BT's pre-tax profits (PTP) rose from £441m last year to £652m in the three months to December 31st. Over the first three quarters, PTP totalled £4,455m, up 18% on the previous year.
However, revenue totalled £4,774m in the quarter, down 5% from £5,038m the year before and 3% lower on an underlying basis (which excludes transit). Nine-month revenues are 4% last year at £14,432m, down 1.8% on an underlying basis.
Top Director Buys
Low & Bonar (LWB)
Director name: Mr Folkert Blaisse
Amount purchased: 65,000 @ 59.50p
Value: £38,675
Top Director Sells
ARM Holdings (ARM)
Director name: Mr Warren East
Amount sold: 41,782 @ 580.70p
Value: £242,628
ARM Holdings (ARM)
Director name: Mr Tim Score
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Value: £194,099
ARM Holdings (ARM)
Director name: Mr Tudor Brown
Amount sold: 30,752 @ 580.70p
Value: £178,577
ARM Holdings (ARM)
Director name: Mr Mike Muller
Amount sold: 28,078 @ 580.70p
Value: £163,049
ARM Holdings (ARM)
Director name: Mr Mike Inglis
Amount sold: 26,741 @ 580.70p
Value: £155,285
ARM Holdings (ARM)
Director name: Mr Simon Segars
Amount sold: 24,067 @ 580.70p
Value: £139,757
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