Date: Wednesday 23 Oct 2013
LONDON (ShareCast) - - Asia Pacific director sells 74,176 shares
- Awarded as consideration for purchase of minority interests
The Managing Director of SThree's Asia Pacific arm, Justin Hughes, this week sold off £264,808-worth of shares in the staffing business, which specialises in the IT sector.
Hughes disposed of all 74,176 awarded shares at 357p each.
SThree operates a scheme under which employees can obtain an equity stake in the business they are responsible for, which is then purchased back by the company after a specified time frame.
At the beginning of last month the group reported a drop in third quarter profits but the figures also showed its expansion into new sector disciplines has been paying off.
Third quarter profits were down 2% year-on-year, but they were up 5% compared with the second quarter and there was a particularly strong performance from the energy, pharma and biotech sectors.
The contract side of the business had a strong quarter with profits up 7% year-on-year but permanent profits were down 11%.
Top Director Buys
Tungsten Corporation (TUNG)
Director name: Mr Michael Alan Spencer
Amount purchased: 200,000 @ 231.00p
Value: £462,000
Landore Resources Ltd. (LND)
Director name: Mr William Humphries
Amount purchased: 4,250,000 @ 2.00p
Value: £85,000
Atlantic Coal (ATC)
Director name: Mr Stephen Best
Amount purchased: 7,300,000 @ 0.27p
Value: £19,710
Bluecrest Bluetrend Ltd Red GBP (BBTS)
Director name: Mr Huw Salter
Amount purchased: 20,000 @ 87.25p
Value: £17,450
Magnolia Petroleum (MAGP)
Director name: Mr Ronald Sanford Harwood
Amount purchased: 500,000 @ 2.70p
Value: £13,500
Magnolia Petroleum (MAGP)
Director name: Mr Gavin John Burnell
Amount purchased: 450,000 @ 2.71p
Value: £12,195
Top Director Sells
ECO Animal Health Group (EAH)
Director name: Mr Marc Denham Loomes
Amount sold: 233,370 @ 190.00p
Value: £443,403
ECO Animal Health Group (EAH)
Director name: Mr Brett Clemo
Amount sold: 175,000 @ 190.00p
Value: £332,500
ECO Animal Health Group (EAH)
Director name: Mr Kevin Stockdale
Amount sold: 145,000 @ 190.00p
Value: £275,500
ECO Animal Health Group (EAH)
Director name: Ms Julia Trouse
Amount sold: 145,000 @ 190.00p
Value: £275,500
SThree (STHR)
Director name: Mr Justin Hughes
Amount sold: 74,176 @ 357.00p
Value: £264,808
Dairy Farm International Holdings Ltd. (Singapore) (DFI)
Director name: Mr Michael Kok
Amount sold: 19,800 @ $11.30
Value: $223,722
Randall & Quilter Investment Holdings (DI) (RQIH)
Director name: Mr Paul McNamara
Amount sold: 49,106 @ 168.00p
Value: £82,498
Central Asia Metals (CAML)
Director name: Mr Howard Nicholson
Amount sold: 41,827 @ 157.01p
Value: £65,673
NR
Email this article to a friend
or share it with one of these popular networks:
