LONDON (ShareCast) - Vitec Group's Chief Executive Officer, Stephen Bird, has traded in 78,439 shares in the broadcast products group for 'personal financial planning reasons'.

The shares were sold for 712.00p for a total of £558,486.

The stock has performed well over the past 12 months, rising over 40%. In August the company reported growth in profits and margins in the first half, but said it was difficult to predict what the future held.

Revenues in the six months to the end of June were up 2.7% to £176.5m, while profits came in at £17.5m, up 15.2% on the previous year, and the firm increased its interim dividend 6.3% to 8.5p per share.


Top Director Buys

Inspired Energy (INSE)
Director name: Ms Janet Thornton
Amount purchased: 416,666 @ 3.50p
Value: £14,583

Inspired Energy (INSE)
Director name: Ms Janet Thornton
Amount purchased: 260,417 @ 4.00p
Value: £10,417


Top Director Sells

Vitec Group (VTC)
Director name: Mr Stephen Bird
Amount sold: 78,439 @ 712.00p
Value: £558,486

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