LONDON (ShareCast) - Three directors of Berkeley Group have sold a collective 65.29m pounds-worth of shares in the housebuilder after they vested under the group's long-term incentive plan.

A statement from the company said the proceeds were used principally to enable them to meet the tax, national insurance and costs associated with the vesting of the awards.

Chairman and co-founder, Anthony Pidgley made the largest of the sales, generating £39.12m in exchange for 1.5m shares.

Group Managing Director Rob Perrins raised £17.45m from the disposal of 676,696 shares, while Greg Fry, a Divisional Executive Director, sold 337,798 shares for a total trade value of £8.7m.

The directors retained 1.18m, 0.33m, and 1.67m of the vested shares, respectively.


Top Director Buys

RM2 International S.A. (DI) (RM2)
Director name: Mr R. Ian Molson
Amount purchased: 225,000 @ 79.00p
Value: £177,750

Edinburgh Inv Trust (EDIN)
Director name: Mr Jim Pettigrew
Amount purchased: 25,000 @ 580.00p
Value: £145,000

Edinburgh Inv Trust (EDIN)
Director name: Mrs Victoria (Vicky) Hastings
Amount purchased: 5,000 @ 583.73p
Value: £29,186


Top Director Sells

Berkeley Group Holdings (The) (BKG)
Director name: Mr Anthony W Pidgley
Amount sold: 1,514,392 @ 2,583.00p
Value: £39,116,745

Berkeley Group Holdings (The) (BKG)
Director name: Mr Robert C G Perrins
Amount sold: 675,596 @ 2,583.00p
Value: £17,450,645

Berkeley Group Holdings (The) (BKG)
Director name: Mr Gregory J Fry
Amount sold: 337,798 @ 2,583.00p
Value: £8,725,322

Mattioli Woods (MTW)
Director name: Mr Robert Woods
Amount sold: 100,000 @ 415.00p
Value: £415,000

Anpario (ANP)
Director name: Mr Richard Stanley Rose
Amount sold: 20,000 @ 290.00p
Value: £58,000

NR

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