LONDON (ShareCast) - Chief Executive at Hiscox, Bronek Masojada, has sold 10,000 shares at 650.50p a piece in the insurance provider.

The sale generated £65,050 for Masojada, who joined the company in 1993.

For the first half of the year the group posted a pre-tax profit of £180.7m (2012: £125.8m), helped by low exposure to recent catastrophes and fewer attritional losses.

Gross premiums written increased by 12.3% (2012: 7.0%), driven by good insurance opportunities in property and small commercial lines.

The interim dividend increased by 16.7% to 7.0p from 6.0p a year earlier.

Meanwhile, it was announced after Thursday's closing bell that a total of 500,000 shares were sold by Restaurant Group directors this week, with the biggest sale made by Andrew Page, the group's Chief Executive Officer.

Page, who has led the FTSE 250-listed company since 2006, pocketed £1.23m after disposing of 230,000 shares at 536.00p each.

At the same price, Stephen Critoph, the Group Finance Director, sold 120,000 shares earning £643,200, while Alan Jackson, the group's non-Executive Chairman, sold 150,000 at 538p for a total value of £807,000.

Shares in the company have risen around 180p in the year-to-date, helped by strong top-line growth in the first half, up 11.5% to £280m.

The company gave an upbeat outlook for the remainder of the year, saying it expects to make "good progress".

Top Director Buys

MobilityOne Ltd. (MBO)
Director name: Mr Hussain Rizal bin A Rahman
Amount purchased: 13,080,000 @ 2.50p
Value: £327,000

StatPro Group (SOG)
Director name: Mr Stuart James Clark
Amount purchased: 90,000 @ 83.00p
Value: £74,700

TVC Holdings (TVCH)
Director name: Mr David Doyle
Amount purchased: 100,000 @ 47.09p
Value: £47,090

MobilityOne Ltd. (MBO)
Director name: Mr Derrick Chia Kah Wai
Amount purchased: 1,943,000 @ 2.50p
Value: £48,575

Anpario (ANP)
Director name: Ms Karen Prior
Amount purchased: 12,750 @ 202.50p
Value: £25,819

Morgan Sindall Group (MGNS)
Director name: Mr Simon Gulliford
Amount purchased: 3,350 @ 742.75p
Value: £24,882

Conygar Investment Company (CIC)
Director name: Mr Nigel J Hamway
Amount purchased: 17,500 @ 130.00p
Value: £22,750

Compass Group (CPG)
Director name: Mr John Bason
Amount purchased: 1,760 @ 849.50p
Value: £14,951


Top Director Sells

IG Group Holdings (IGG)
Director name: Mr Peter G Hetherington
Amount sold: 138,876 @ 581.77p
Value: £807,939

Carclo (CAR)
Director name: Mr Robert James Brooksbank
Amount sold: 60,000 @ 400.00p
Value: £240,000

Cello Group (CLL)
Director name: Mr Mark Bentley
Amount sold: 130,000 @ 65.25p
Value: £84,825

Hiscox Ltd (HSX)
Director name: Mr Bronek Masojada
Amount sold: 10,000 @ 650.50p
Value: £65,050

Consort Medical (CSRT)
Director name: Mr J A D Slater
Amount sold: 4,219 @ 851.50p
Value: £35,925

Consort Medical (CSRT)
Director name: Mr Jonathan Glenn
Amount sold: 1,287 @ 851.50p
Value: £10,959

NR

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