Millennium and Copthorne Hotels non-exec makes sale – MoneyWeek

Thecompany,whichownsandmanagesover100hotelsglobally,hasseenitsstockfallalmost7%overthepastyear,equivalentto34p。

InFebruarythefirmreportedastrongthirdquarter,withtherevenueperavailableroomup7。

8%comparedtothethirdquarterof2010。

Onalike-for-likebasisheadlineprofitincreased19。

9%to£42。

1monrevenuesof£198。

2m(excludinga£44。

2mlandsaleinMalaysia)。

TheproblemforMilleniumandCopthorneistheeurodebtcrisiswhichishavingachillingeffectonbusinessinEurope。

InhisstatementthecompanyschairmanKwekLengBengacknowledgesthatthefirmisnoticingmorecautionamongstbusinesscustomers,reflectinganxietyabouteventsaffectingtheEurozone。

TopDirectorBuys

Next(NXT)

Directorname:MrCEAngelides

Amountpurchased:4,196@2,956。

80p

Value:£124,067

Next(NXT)

Directorname:MrAndrewJohnVarley

Amountpurchased:3,357@2,956。

80p

Value:£99,260

Next(NXT)

Directorname:MrDavidWKeens

Amountpurchased:3,357@2,956。

80p

Value:£99,260

MarianaResourcesLtd。

(MARL)

Directorname:MrJohnHorsburgh

Amountpurchased:500,000@7。

25p

Value:£36,250

FidessaGroup(FDSA)

Directorname:MrChrisAspinwall

Amountpurchased:1,950@1,631。

30p

Value:£31,810

SigmaCapitalGroup(SGM)

Directorname:MrJohnHamilton

Amountpurchased:285,714@7。

01p

Value:£20,029

InternationalGreetings(IGR)

Directorname:MrAnthonyLawrinson

Amountpurchased:35,000@49。

00p

Value:£17,150

LegalGeneralGroup(LGEN)

Directorname:MrsJuliaWilson

Amountpurchased:8,163@130。

08p

Value:£10,618

SigmaCapitalGroup(SGM)

Directorname:MrDavidSigsworth

Amountpurchased:150,000@7。

01p

Value:£10,515

SigmaCapitalGroup(SGM)

Directorname:MrGwynnGallowayThomson

Amountpurchased:142,857@7。

01p

Value:£10,014

TopDirectorSells

Pearson(PSON)

Directorname:MsMarjorieScardino

Amountsold:127,863@1,186。

00p

Value:£1,516,455

Pearson(PSON)

Directorname:MsRonaAFairhead

Amountsold:45,519@1,186。

00p

Value:£539,855

Pearson(PSON)

Directorname:MrRobinFreestone

Amountsold:45,519@1,186。

00p

Value:£539,855

Pearson(PSON)

Directorname:MrJohnMakinson

Amountsold:45,519@1,186。

00p

Value:£539,855

Pearson(PSON)

Directorname:MrWillEthridge

Amountsold:43,352@1,186。

00p

Value:£514,155

Interserve(IRV)

Directorname:MrAdrianMRingrose

Amountsold:45,368@297。

48p

Value:£134,961

STVGroup(STVG)

Directorname:MrRobWoodward

Amountsold:89,903@124。

00p

Value:£111,480

Interserve(IRV)

Directorname:MrBruceMelizan

Amountsold:27,005@297。

48p

Value:£80,334

Interserve(IRV)

Directorname:MrStevenDance

Amountsold:27,005@297。

48p

Value:£80,334

PortmeirionGroup(PMP)

Directorname:MrB。

W。

J。

Phillips

Amountsold:13,575@520。

00p

Value:£70,590

NR

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