Director dealings: Cowgill adds to Quiz stake after golden goodbye from JD

Former JD Sports Fashion boss Peter Cowgill was already spending his golden goodbye on Thursday, buying almost £50k worth of shares in fashion retailer Quiz.

  • Quiz
  • 22 September 2022 17:08:20
JD Sports

Source: Sharecast

Cowgill, who stepped down from the trendy trainer merchant in May, was handed a package worth £5.5m over three years this week to prevent him from setting up a competitor, as well as a year’s salary of over £0.9m and a possible bonus of £0.45m.

His departure from JD Sports came months after the regulator fined the firm £4m over secretive meetings - including one in a carpark - between Cowgill and the boss of JD’s takeover target Footasylum amid an arms-length order.

On Thursday Quiz said Cowgill - its non-executive chairman - had bought 410,000 of its shares on Wednesday on the London Stock Exchange.

He paid 12p for each share, spending a total of £49,200.00.

Following the purchase, Quiz said Cowgill's interest in the company was 503,168 shares, representing 0.4% of its issued capital.

At the same time, it also disclosed that non-executive director Roger Mather bought 310,282 shares for 11.28p each on 20 September, valuing that transaction at £34,999.81.

After that, Mather's interest in the firm was 322,884 shares, or 0.26% of its issued capital.

At 1405 BST, shares in Quiz were up 4.7% at 12.8p.

Reporting by Josh White at Sharecast.com.

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Hostmore (MORE)
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Britvic (BVIC)
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Britvic (BVIC)
Director name: Litherland,Simon
Amount purchased: 20 @ 760.38p
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Otaq (OTAQ)
Director name: Newby,Philip
Amount purchased: 1,250 @ 12.00p
Value: £150.00

Paypoint (PAY)
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Paypoint (PAY)
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Record (REC)
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Amount sold: 30,969 @ 69.99p
Value: £21,675.20

Isin: GB00BM8Q5M07
Exchange: London Stock Exchange
Sell:
75.26 p
Buy:
76.34 p
Change: -1.22 ( -1.58 %)
Date:
Prices delayed by at least 15 minutes

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