Director dealings: RBS director picks up shares.


One of RBS's senior independent directors, Mark Seligman, picked up some shares, close on the heels of purchases by several of his colleagues, including RBS chairman, Howard Davies, and non-executive director Dr. Lena Wilson.

Source: Sharecast

Seligman bought 10,000 shares in the still majority state-owned lender the day before at a price of 214.0p via M Seligman &Co., a vehicle in which his spouse had a beneficial interest.

A week earlier, RBS had posted an operating loss before tax of £8.0m for the three months ending in September.

That was in comparison to a £961.0m profit for the same period a year ago.

In September the lender had told shareholders to expect a provision for PPI claims of between £600.0m and £900.0m, which in the event turned out to be £900.0m.

Commenting on RBS's third quarter results four days afterwards, analysts at Berenberg said that they served as a reminder that the lender's transformation remained incomplete, but so too the prospects for the lender's capital distribution plans were still undervalued.

Top Director Buys

Royal Bank Of Scotland Group (RBS)
Director name: Seligman,Mark
Amount purchased: 10,000 @ 213.69p
Value: £21,369.00

Fidelity Special Values (FSV)
Director name: Boyle,Claire
Amount purchased: 7,466 @ 266.38p
Value: £19,887.83

Smiths Group (SMIN)
Director name: Buckley,George
Amount purchased: 770 @ 1,623.79p
Value: £12,503.16

Yourgene Health (YGEN)
Director name: Brown,John
Amount purchased: 100,000 @ 11.50p
Value: £11,500.00

Legal & General Group (LGEN)
Director name: Kingman,John
Amount purchased: 1,620 @ 264.55p
Value: £4,285.71

Travis Perkins (TPK)
Director name: Chambers,Stuart J
Amount purchased: 243 @ 1,440.18p
Value: £3,499.64

Mattioli Woods (MTW)
Director name: Imlach,Nathan James McLean
Amount purchased: 148 @ 720.00p
Value: £1,065.60

Travis Perkins (TPK)
Director name: Anderson,Ruth
Amount purchased: 64 @ 1,440.18p
Value: £921.72

Travis Perkins (TPK)
Director name: McConville,Coline
Amount purchased: 62 @ 1,440.18p
Value: £892.91

Travis Perkins (TPK)
Director name: Rogers ,Christopher
Amount purchased: 60 @ 1,440.18p
Value: £864.11

Travis Perkins (TPK)
Director name: Redfern,Pete
Amount purchased: 56 @ 1,440.18p
Value: £806.50

Travis Perkins (TPK)
Director name: Rogers,John
Amount purchased: 39 @ 1,440.18p
Value: £561.67

Mattioli Woods (MTW)
Director name: Mattioli,Ian Thomas
Amount purchased: 36 @ 720.00p
Value: £259.20

Mattioli Woods (MTW)
Director name: Mattioli,Ian Thomas
Amount purchased: 27 @ 720.00p
Value: £194.40

Great Portland Estates (GPOR)
Director name: Sanderson,Nick
Amount purchased: 19 @ 796.47p
Value: £151.33

Great Portland Estates (GPOR)
Director name: Courtauld,Toby
Amount purchased: 18 @ 796.47p
Value: £143.36

Top Director Sells

Thorpe (f.w.) (TFW)
Director name: Taylor,David
Amount sold: 23,517 @ 260.00p
Value: £61,144.20

Thorpe (f.w.) (TFW)
Director name: Cooper,Anthony
Amount sold: 4,839 @ 260.00p
Value: £12,581.40

Thorpe (f.w.) (TFW)
Director name: Allcock,Michael
Amount sold: 4,000 @ 260.00p
Value: £10,400.00

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