LONDON (ShareCast) - Peter Stephens, a Non-Executive Director of GETECH, an oil services business specialising in the provision of exploration data and geological exploration studies, earned a tidy sum after trading in around a third of his stake in the company.

Stephens sold 550,000 ordinary shares at 42.00p each for a total of £0.23m, taking his holding in the company to one million shares, equal to 3.42% of the issued share capital.

Three weeks ago, the group posted a leap in pre-tax profit to £1.25m in the year ended July 31st from £0.67m the year before, on turnover that rose to £6.44m from £5.33m.

The company's Chairman, Stuart Paton, said that continued high oil prices have led to companies expanding their international exploration efforts, resulting in increased requirements for its products.

GETECH's share price has more than doubled over the last year, equal to an increase of 22.25p, although the stock has dipped 4.5% over the past month.


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Director name: Ms Ana Patricia Botin
Amount purchased: 7,971,625 @ 391.05p
Value: £31,173,040

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Director name: Mr Francisco Javier Botin
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Director name: Mr Andrew Langford
Amount purchased: 5,000 @ € 9.45
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Director name: Mr Stephen C Voss
Amount purchased: 25,000 @ 93.00p
Value: £23,250

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Director name: Mr Graham Paton
Amount purchased: 20,000 @ 88.30p
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Director name: Mr Robert E. Wade
Amount purchased: 15,880 @ 98.00p
Value: £15,562

Lowland Investment Co (LWI)
Director name: Mr Peter Troughton
Amount purchased: 1,173 @ 955.00p
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Top Director Sells

GETECH Group (GTC)
Director name: Mr Peter Stephens
Amount sold: 550,000 @ 42.00p
Value: £231,000

Intertek Group (ITRK)
Director name: Mr Lloyd Pitchford
Amount sold: 5,157 @ 2,810.00p
Value: £144,912

A&J Mucklow Group (MKLW)
Director name: Mr Justin Parker
Amount sold: 28,874 @ 356.00p
Value: £102,791

A&J Mucklow Group (MKLW)
Director name: Mr David Wooldridge
Amount sold: 18,508 @ 356.00p
Value: £65,888

A&J Mucklow Group (MKLW)
Director name: Mr David Wooldridge
Amount sold: 18,508 @ 356.00p
Value: £65,888

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