LONDON (ShareCast) - (ShareCast News) - Bodycote's outgoing finance director David Lawless has sold half his shares in the metal heat treatment group.


Lawless, who has been at the company since 1999 and is moving into a non-executive portfolio career, made almost £370,000 after selling 62,000 shares at 594.18p apiece.

He made the sale just after shares in Bodycote recent hit a six-month high, but maintained a modicum of loyalty by holding onto 63,203 shares.

Surprisingly Lawless is selling half his stake just a few weeks before the 22 April ex-dividend date, with the company due to pay a final ordinary dividend of 10.3p and a further special dividend of 10p, both of which will be paid on 3 June

Top Director Buys

Finsbury Growth & Income Trust (FGT)
Director name: Allard,John
Amount purchased: 215 @ 603.70p
Value: £1,297.96

Finsbury Growth & Income Trust (FGT)
Director name: Allard,John
Amount purchased: 88 @ 603.70p
Value: £531.26

Top Director Sells

Bodycote (BOY)
Director name: Landless,David F
Amount sold: 62,000 @ 594.18p
Value: £368,388.50

Digital Globe Services Ltd (di) (DGS)
Director name: Watson,Anthony
Amount sold: 33,416 @ 85.00p
Value: £28,403.60

Blackrock Frontiers Investment Trust (BRFI)
Director name: Ruddick,Lynn
Amount sold: 15,826 @ 103.75p
Value: £16,419.48

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