More Emap bosses sell stakes
Directors at magazine publisher Emap sold large stakes in the company for the second day in a row.
Chief executive Derek Carter sold 48,462 shares for 925.5p each, or a total of £448,516, while board member David Rough sold 13,750 shares at the same price for a total of £127,256.
Both now have no shares in the company.
The sales come the day after chairman Alun Cathcart offloaded all of his stake, selling 21,613 shares at 924p each. On the same day, finance director Ian Griffiths sold 10,000 shares at 925p each and 7,153 at 924p, leaving him with 1,379 shares.
Emap last month agreed to sell its business arm to Apax and Guardian Media for £1.1bn and its consumer and radio arms to Heinrich Bauer for a total consideration of £1.14bn.
Top Director Buys
ATH Resources (ATH)
Director name: Mr Tom Alchurch
Amount purchased: 25,000 @ 220.00p
Value: £55,000
XP Power (XPP)
Director name: Mr Michael Laver
Amount purchased: 10,000 @ 254.89p
Value: £25,489
Flomerics Group (FLO)
Director name: Mr Keith Butcher
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Amount purchased: 25,000 @ 56.70p
Value: £14,175
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Director name: Mr Dennis H Millard
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Top Director Sells
EMAP (EMA)
Director name: Mr Derek Carter
Amount sold: 48,462 @ 925.50p
Value: £448,516
EMAP (EMA)
Director name: Mr David Rough
Amount sold: 13,750 @ 925.50p
Value: £127,256
