LONDON (ShareCast) - Chris Griffin, the Director of E-Commerce at SuperGroup, has sold off his entire stake in the company the same day it revealed quarterly sales had soared.
Griffin disposed of 50,536 shares at 1,213.3p a piece, earning him a total of £0.61m.
The move followed an impressive jump in the share price which has more than doubled since the start of 2013.
In Thursday's announcement, the fashion retailer said total group sales for the quarter to July 28th increased by 25.7% to £75.0m, after what the company described as a "solid trading performance that was in line with management expectations".
The group, which is behind the Superdry label, said it had started the year in "fine form", and was confident it would meet expectations in the autumn period.
SuperGroup is currently undergoing a global expansion, most recently forming partnerships in Turkey, Malaysia and Singapore.
Top Director Buys
Puricore (PURI)
Director name: Mr Daniel Hegglin
Amount purchased: 550,000 @ 43.00p
Value: £236,500
Essentra (ESNT)
Director name: Ms Lorraine Trainer
Amount purchased: 7,500 @ 797.00p
Value: £59,775
Gasol (GAS)
Director name: Mr Alan Buxton
Amount purchased: 275,000 @ 18.00p
Value: £49,500
Goals Soccer Centres (GOAL)
Director name: Mr Philip Burks
Amount purchased: 30,000 @ 155.80p
Value: £46,740
Puricore (PURI)
Director name: Mr Daniel Hegglin
Amount purchased: 50,000 @ 40.00p
Value: £20,000
Top Director Sells
Monitise (MONI)
Director name: Mr Alastair Lukies
Amount sold: 6,815,470 @ 50.10p
Value: £3,414,550
Staffline Group (STAF)
Director name: Mr Andy Hogarth
Amount sold: 600,000 @ 540.00p
Value: £3,240,000
Monitise (MONI)
Director name: Mr Duncan J McIntyre
Amount sold: 5,209,213 @ 50.10p
Value: £2,609,816
Monitise (MONI)
Director name: Mr Lee Cameron
Amount sold: 4,153,694 @ 50.10p
Value: £2,081,001
Monitise (MONI)
Director name: Mr Michael Derek(Mike) Keyworth
Amount sold: 3,670,543 @ 50.10p
Value: £1,838,942
Renew Holdings (RNWH)
Director name: Mr Brian May
Amount sold: 620,000 @ 123.00p
Value: £762,600
Blinkx (BLNX)
Director name: Mr Suranga Chandratillake
Amount sold: 401,010 @ 152.00p
Value: £609,535
Renew Holdings (RNWH)
Director name: Mr John Samuel
Amount sold: 355,000 @ 123.00p
Value: £436,650
LSL Property Services (LSL)
Director name: Mr Steve Cooke
Amount sold: 70,764 @ 465.00p
Value: £329,053
LSL Property Services (LSL)
Director name: Mr Steve Cooke
Amount sold: 11,870 @ 465.00p
Value: £55,196
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