LONDON (ShareCast) - Mike Pulli, the Chief Executive Officer of Pace has disposed of 50,000 shares, although it said the transaction was carried out to cover tax liabilities in the US.

The disposal generated just over £199,000, having traded in the shares at 398.10p.

He reduced his beneficial holding in the company to 603,912 shares.

Meanwhile, Greenko, which owns and operates clean energy projects, said that one of its non-executive directors, John Rennocks, had acquired a modest round of shares at 167.5p each.

The addition of the shares, costing £12,388, increased his stake by 7,396 to 44,521 shares.

The purchase came one day after the firm revealed it expects full-year results to meet expectations and said that the backdrop for renewable energy in India remains positive.

Greenko, which is focused on building new utility scale wind farms and hydropower projects across India, said that trading in the 12 months ended March 31st was “in line” with power generation up 17% at 1,050 gigawatts.

The company said that the early monsoon helped southern hydro generation rise by 43% during the year, while wind assets performed strongly. Northern hydro did “reasonably well” despite an extended winter and limited snowmelt at the start of the year.

Top Director Buys

Fastjet (FJET)
Director name: Mr Edward Winter
Amount purchased: 31,250,000 @ 1.60p
Value: £500,000

Elementis (ELM)
Director name: Mr Andrew Duff
Amount purchased: 50,000 @ 279.53p
Value: £139,765

Fastjet (FJET)
Director name: Mr Angus Saunders
Amount purchased: 6,250,000 @ 1.60p
Value: £100,000

Xchanging (XCH)
Director name: Mr David Bauernfeind
Amount purchased: 50,000 @ 162.60p
Value: £81,300

Namibian Resources (NBR)
Director name: Mr Brian Moritz
Amount purchased: 5,760,000 @ 1.25p
Value: £72,000

InternetQ (INTQ)
Director name: Mr Timothy Grainger
Amount purchased: 9,211 @ 380.00p
Value: £35,002

InternetQ (INTQ)
Director name: Mr Harris Jones
Amount purchased: 6,579 @ 380.00p
Value: £25,000

Polar Capital Technology Trust (PCT)
Director name: Mr Peter Hames
Amount purchased: 4,000 @ 436.93p
Value: £17,477

Kromek Group (KMK)
Director name: Mr Lawrence Henry Neil Kinet
Amount purchased: 30,000 @ 46.00p
Value: £13,800

InternetQ (INTQ)
Director name: Mr Iain B Johnston
Amount purchased: 3,289 @ 380.00p
Value: £12,498


Top Director Sells

Bodycote (BOY)
Director name: Mr Stephen C Harris
Amount sold: 231,144 @ 767.76p
Value: £1,774,631

Bodycote (BOY)
Director name: Mr David F Landless
Amount sold: 154,750 @ 767.76p
Value: £1,188,109

Miton Group (MGR)
Director name: Mr Martin Gray
Amount sold: 800,000 @ 44.50p
Value: £356,000

Xchanging (XCH)
Director name: Mr Ken Lever
Amount sold: 188,031 @ 161.50p
Value: £303,670

Intu Properties (INTU)
Director name: Mr David Fischel
Amount sold: 84,500 @ 291.90p
Value: £246,655

Pace (PIC)
Director name: Mr Mike Pulli
Amount sold: 50,000 @ 398.10p
Value: £199,050

Intu Properties (INTU)
Director name: Mr Matthew Roberts
Amount sold: 62,179 @ 291.90p
Value: £181,501

Xchanging (XCH)
Director name: Mr David Bauernfeind
Amount sold: 90,000 @ 161.50p
Value: £145,350

NR

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