LONDON (ShareCast) - Mark Williamson, the Chief Financial Officer (CFO) of International Power, the FTSE 100 power generator, has sold over a million pounds worth of shares in the firm.

The move means he no longer holds any shares in the company.

Williamson, who has been CFO since 2003, sold 409,684 shares, which belonged to both him and his wife, at 344.50p each, for a total of just over £1.41m.

Earlier this month the firm, which is 70% owned by French utility GDF SUEZ, reported a 3% increase in 2011 revenue and an 8% increase in underlying earnings before interest, tax, depreciation and amortisation (EBITDA).

The group said free cash flow in the year was up 4% from 2010's levels at €2.69bn (2010: €2.59bn) and with restructuring costs stripped out was up 7.5%.

The stock is up more than 3% over the past twelve months, equivalent to 11p.


Top Director Buys

Environmental Recycling Technologies (ENRT)
Director name: Mr Kenneth Williams Brooks
Amount purchased: 10,065,000 @ 2.02p
Value: £203,313

Character Group (CCT)
Director name: Mr Kirankumar Premshand Shah
Amount purchased: 100,000 @ 148.00p
Value: £148,000

TyraTech Inc. (Reg S) (TYR)
Director name: Mr Alan Reade
Amount purchased: 1,993,960 @ 5.00p
Value: £99,698

TyraTech Inc. (Reg S) (TYR)
Director name: Mr Barrington (Barry) Marshall Riley
Amount purchased: 1,000,000 @ 5.00p
Value: £50,000

TyraTech Inc. (Reg S) (TYR)
Director name: Mr James (Jim) Hills
Amount purchased: 315,500 @ 5.00p
Value: £15,775

Kofax (KFX)
Director name: Mr Wade W Loo
Amount purchased: 5,000 @ 309.00p
Value: £15,450

Surface Transforms (SCE)
Director name: Mr Richard Douglas Gledhill
Amount purchased: 100,000 @ 11.00p
Value: £11,000

Absolute Return Trust Ltd. GBP Shares (ABR)
Director name: Mr Graham Harrison
Amount purchased: 10,000 @ 109.00p
Value: £10,900


Top Director Sells

Berkeley Group Holdings (The) (BKG)
Director name: Mr Anthony W Pidgley
Amount sold: 300,000 @ 1,360.00p
Value: £4,080,000

Berkeley Group Holdings (The) (BKG)
Director name: Mr Robert C G Perrins
Amount sold: 200,000 @ 1,360.00p
Value: £2,720,000

International Power (IPR)
Director name: Mr Mark Williamson
Amount sold: 409,684 @ 344.50p
Value: £1,411,361

Character Group (CCT)
Director name: Mr Kirankumar Premshand Shah
Amount sold: 200,000 @ 148.00p
Value: £296,000

Travis Perkins (TPK)
Director name: Mr Paul N Hampden Smith
Amount sold: 21,803 @ 1,085.00p
Value: £236,563

Character Group (CCT)
Director name: Mr Jonathan James Diver
Amount sold: 20,000 @ 148.00p
Value: £29,600

SThree (STHR)
Director name: Mr Gary Elden
Amount sold: 4,312 @ 283.75p
Value: £12,235

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