LONDON (ShareCast) - Energy and engineering consultant RPS Group said Tuesday that Executive Director, Phil Williams, had that day traded in 100,000 shares, reducing his stake to 318,439.

Williams earned £289,500 from the sale, which comes just one week after the FTSE 250 company treated investors to a third quarter update bubbling with optimism due to strong energy demand and a nascent recovery in its Australian markets.

The group also said it remained on track to meet current market expectations for the full year.

However, RPS admitted the weaker Australian dollar would have an impact on results, although stressed its cost cutting made over the last year will enable it to benefit from growth as it develops.

Looking further forward, Chairman Brook Land predicted “significantly improved trading” in 2014 due to acquisitions and internal investments made earlier this year.


Top Director Buys

Symphony International Holdings Ltd. (SIHL)
Director name: Mr Anil Thadani
Amount purchased: 248,444 @ $1.21
Value: $301,561

Telecity Group (TCY)
Director name: Mr Simon Batey
Amount purchased: 10,000 @ 754.50p
Value: £75,450

Diverse Income Trust (The) (DIVI)
Director name: Mr Michael Wrobel
Amount purchased: 88,731 @ 79.30p
Value: £70,364

Hiscox Ltd (HSX)
Director name: Ms Caroline Foulger
Amount purchased: 10,000 @ 676.55p
Value: £67,655

Telecity Group (TCY)
Director name: Mr Michael Tobin
Amount purchased: 2,000 @ 765.00p
Value: £15,300

UBM (UBM)
Director name: Mr Jonathan Newcomb
Amount purchased: 1,520 @ 685.55p
Value: £10,420


Top Director Sells

Telecity Group (TCY)
Director name: Mr Brian McArthur Muscroft
Amount sold: 95,926 @ 768.70p
Value: £737,383

AdEPT Telecom (ADT)
Director name: Mr Ian Michael Fishwick
Amount sold: 300,000 @ 130.00p
Value: £390,000

RPS Group (RPS)
Director name: Dr Phil Williams
Amount sold: 100,000 @ 289.50p
Value: £289,500

Telecity Group (TCY)
Director name: Mr Brian McArthur Muscroft
Amount sold: 6,500 @ 768.70p
Value: £49,966

AdEPT Telecom (ADT)
Director name: Mr Amanda Jane Woodruffe
Amount sold: 25,000 @ 130.00p
Value: £32,500

NR

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE