LONDON (ShareCast) - (Sharecast News) - Dale Solomon, chief operating officer of e-learning service Learning Technologies, disposed of more than 1m ordinary shares in the London-based firm on Monday, citing "family purposes".
Solomon, the firm's COO since 2014, sold the shares at an average price of 107p for a total of just above £1.07m.

Learning Technologies announced an "ambitious target" at its capital markets event on back in October.

When the AIM-listed firm entered the market in 2013 it sought to achieve run-rate revenues of £50m and EBITDA margins of 20% by the end of 2018, but Learning Technologies' 2017 interim results revealed that the company had hit targets twelve months ahead of schedule.

However, as part of its capital markets event, the e-learning group outlined a plan focused on doubling run-rate revenues to £100m with an EBITDA in excess of £25m by the end of 2020.

Learning Technologies said it planned to achieve the new objectives through a combination of strong organic growth paired with strategic acquisitions that complemented its current business model.

As of 1520 BST, LTG shares had ticked up 0.12% to 110.13p.

Top Director Buys

Harvest Minerals Limited (DI) (HMI)

Director name: Mr Brian Keith McMaster

Amount purchased: 4,162,162 @ 18.50p

Value: £770,000



Learning Technologies Group (LTG)

Director name: Mr Leslie-Ann Reed

Amount purchased: 377,570 @ 107.00p

Value: £404,000



XLMedia (XLM)

Director name: Mr Ory Weihs

Amount purchased: 195,312 @ 119.00p

Value: £232,421



XLMedia (XLM)

Director name: Mr Ory Weihs

Amount purchased: 61,475 @ 118.00p

Value: £72,540



XLMedia (XLM)

Director name: Mr Yehuda Dahan

Amount purchased: 50,000 @ 118.00p

Value: £59,000



Standard Life Aberdeen (SLA)

Director name: Mr Richard Stephen Mully

Amount purchased: 10,000 @ 349.00p

Value: £34,900



Ruffer Investment Company Ltd Red PTG Pref Shares (RICA)

Director name: Mr Jill May

Amount purchased: 11,000 @ 232.86p

Value: £25,615



Top Director Sells

Learning Technologies Group (LTG)

Director name: Mr Dale Solomon

Amount sold: 1,006,491 @ 107.00p

Value: £1,076,945

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