LONDON (ShareCast) - Sir Ron Brierley, a non-executive director of Guinness Peat Group (GPG) sold a massive chunk of shares in the investment holding company this week.
The company announced on Friday morning that Brierley sold five million shares in the company at a price of A$0.475 (31.04p), earning himself around A$2.38m (around £1.55m).
The sales took his stake down to just under 37m shares, representing 2.33% of the company's total voting rights.
Brierley, a well-known New Zealand investor, joined GPG in 1990 and was running as Chairman until 2010.
The company, listed in London, Australia and New Zealand, invests in a number of businesses, mainly in Europe and Australasia.
Top Director Buys
Ferrum Crescent Ltd NPV (DI) (FCR)
Director name: Mr Robert W Hair
Amount purchased: 2,650,808 @ 3.33p
Value: £88,272
Ferrum Crescent Ltd NPV (DI) (FCR)
Director name: Mr Edward F G Nealon
Amount purchased: 1,039,532 @ 3.33p
Value: £34,616
Bullabulling Gold Limited (DI) (BGL)
Director name: Mr Peter John Mansell
Amount purchased: 450,000 @ 5.94p
Value: £26,730
Spirax-Sarco Engineering (SPX)
Director name: Mr Nicholas Anderson
Amount purchased: 1,525 @ 2,267.79p
Value: £34,584
Brooks Macdonald Group (BRK)
Director name: Mr Jonathan Gumpel
Amount purchased: 2,286 @ 1,305.00p
Value: £29,832
Brooks Macdonald Group (BRK)
Director name: Mr Chris A MacDonald
Amount purchased: 2,286 @ 1,305.00p
Value: £29,832
Brooks Macdonald Group (BRK)
Director name: Mr Richard Spencer
Amount purchased: 2,000 @ 1,305.00p
Value: £26,100
Brooks Macdonald Group (BRK)
Director name: Mr Andrew William Shepherd
Amount purchased: 1,904 @ 1,305.00p
Value: £24,847
F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 25,000 @ 98.88p
Value: £24,720
Northern Petroleum (NOP)
Director name: Dr Rex William Gaisford
Amount purchased: 50,000 @ 48.75p
Value: £24,375
Top Director Sells
Guinness Peat Group (GPG)
Director name: Sir Ronald A Brierley
Amount sold: 5,000,000 @ 31.04p
Value: £1,552,000
Dairy Farm International Holdings Ltd. (Singapore) (DFI)
Director name: Mr Ronald J Floto
Amount sold: 11,700 @ $11.46
Value: $134,064
BC
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