LONDON (ShareCast) - Adrian Brown, the outgoing Chief Executive Officer of RSA Insurance's UK & Western Europe business has reduced his stake in the group after his wife, Sara, disposed of 180,000 shares.

The shares were traded in at 491.32p each for a total of £884,376.

The transaction comes one month after the director handed in his resignation, a date for which has not yet been set.

Speaking at the time, Brown said he had "confidence in [RSA's] future", but that the time was right for him to take up a new challenge.

"I will remain fully engaged in the coming weeks with business as usual and in due course look forward to continuing a strong relationship with RSA in my new role,” he added.

Top Director Buys

Telecom Plus (TEP)
Director name: Mr Julian Schild
Amount purchased: 17,000 @ 1,490.39p
Value: £253,366

GVC Holdings (GVC)
Director name: Mr Lee Feldman
Amount purchased: 23,875 @ 435.00p
Value: £103,856

Telecom Plus (TEP)
Director name: Mr Charles Wigoder
Amount purchased: 5,000 @ 1,490.39p
Value: £74,520

Telecom Plus (TEP)
Director name: Mr Andrew Lindsay
Amount purchased: 3,000 @ 1,490.39p
Value: £44,712

Telecom Plus (TEP)
Director name: Mr Melvin Lawson
Amount purchased: 3,000 @ 1,490.39p
Value: £44,712

GVC Holdings (GVC)
Director name: Mr Richard Q M Cooper
Amount purchased: 26,667 @ 126.00p
Value: £33,600

Bodycote (BOY)
Director name: Mr Stephen C Harris
Amount purchased: 4,265 @ 698.00p
Value: £29,770

Balfour Beatty (BBY)
Director name: Mr Bill Thomas
Amount purchased: 9,128 @ 219.00p
Value: £19,990

Christie Group (CTG)
Director name: Mr David Rugg
Amount purchased: 12,500 @ 125.00p
Value: £15,625

CLS Holdings (CLI)
Director name: Mr H O Thomas Lundqvist
Amount purchased: 1,000 @ 1,353.00p
Value: £13,530


Top Director Sells

Netplay TV (NPT)
Director name: Mr Charles A N Butler
Amount sold: 1,500,000 @ 17.25p
Value: £258,750

Anglo American (AAL)
Director name: Mr Mark Cutifani
Amount sold: 4,693 @ 1,537.00p
Value: £72,131

Dunedin Enterprise Investment Trust (DNE)
Director name: Mr Liz Airey
Amount sold: 2,490 @ 475.00p
Value: £11,828

NR

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