LONDON (ShareCast) - Paul Anderson, a non-executive director of aerospace, defence and securities giant BAE Systems, has cashed in 50,000 shares.

The shares were sold at 442.2p each, giving the deal a total trade value of £221,100.

The deal came just three weeks after the company posted lower half-year sales and profits as it downplayed talk that it could revive its failed merger with the former EADS group now known as Airbus.

BAE reported a 10.6% drop in sales to £7.6bn from £8.5bn in the six months to 30 June and said underlying pre-tax earnings came in 7.5% lower at £802m versus £867m last time.

The group expects sales to be weighted towards the second half of 2014, including the timing of Typhoon aircraft deliveries.

Top Director Buys

Henry Boot (BHY)
Director name: Mr Edward Jamie Boot
Amount purchased: 15,250 @ 198.75p
Value: £30,309

Henry Boot (BHY)
Director name: Mr John T Sutcliffe
Amount purchased: 15,250 @ 198.75p
Value: £30,309

FirstGroup (FGP)
Director name: Mr John McFarlane
Amount purchased: 8,933 @ 127.30p
Value: £11,372

Aga Rangemaster Group (AGA)
Director name: Mr William B McGrath
Amount purchased: 6,410 @ 157.00p
Value: £10,064


Top Director Sells

Bankers Petroleum Ltd.(CDI) (BNK)
Director name: Mr Robert M D Cross
Amount sold: 100,000 @ 354.25p
Value: £354,250

BAE Systems (BA.)
Director name: Mr Paul Anderson
Amount sold: 50,000 @ 442.20p
Value: £221,100

Bankers Petroleum Ltd.(CDI) (BNK)
Director name: Mr Wesley Clark
Amount sold: 30,000 @ 354.04p
Value: £106,212

Henry Boot (BHY)
Director name: Mr Edward Jamie Boot
Amount sold: 15,250 @ 198.25p
Value: £30,233

Henry Boot (BHY)
Director name: Mr John T Sutcliffe
Amount sold: 15,250 @ 198.25p
Value: £30,233

NR

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