Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

WH Ireland trio show faith with significant share purchase

WH Ireland trio show faith with significant share purchase

A trio of WH Ireland directors, including new chief executive Richard Killingbeck, have underlined their faith in the firm by snapping up a raft of shares.

Killingbeck (pictured), who was confirmed as the private client stockbroker's head following the surprise departure of Paul Compton at the end of last year, bought 80,000 shares through his Sipp on 14 January. The stake acquired at 55p per share and increases his total holding to 805,000 shares, or 3.4% worth around £440,000.

Meanwhile, WH Ireland head of private clients John Scott bought 110,000 shares also at 55p, increasing his total holding to 234,575 shares or 0.99%.

Finance director Alan Kershaw has also backed the firm, doubling his stake from 20,000 shares to 40,000 representing a 0.17% interest.

The news comes at an uncertain period for WH Ireland, with the group remaining tight-lipped amid talk Compton quit the firm in a boardroom bust-up relating to his personal share dealings.

The group subsequently suspended its Cardiff head head as part of an investigation into personal share trades conducted by its executives.

At 10.40am shares in WH Ireland were unmoved on 57p.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Gutteridge and Foster discuss UK commercial property with Jason Baggaley, manager of the Standard Life Property Income investment trust

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Gutteridge puts the heat on Odey's asset allocation maestro with a couple of tough questions.

Brewin's Foster & Gutteridge: searching for the yield of dreams

Brewin's Foster & Gutteridge: searching for the yield of dreams

Guy Foster and Ben Gutteridge discuss the latest upbeat US payroll report and how it has increased the probability of a first hike in interest rates in June.

Your Business: Cover Star Club

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Growing a business is the main aim of many company owners but managing that growth in a controlled way is just as important

Wealth Manager on Twitter