15 May 2017 – director shareholding
Finance director Ryan Mangold has sold 230,000 shares in the company at a price of 198.82p. Readers may like to note that the company is due to pay its special dividend of 9.2p per share on 14 July and the ex-dividend date for this is 1 June. However, shares in the company seem to be finding it hard to push much above the 200p level and with evidence beginning to emerge that the UK economy is beginning to slow down we have reduced our recommendation to HOLD.