LONDON (ShareCast) - (ShareCast News) - Katherine Garrett-Cox, who stepped down as chief executive of Alliance Trust in October, is cashing in some of her chips before Christmas.
She sold 305,683 shares in the company through her spouse Jeremy, netting a total of £1.5m.

That takes her total beneficial interest in the company to 1,333,147 shares, 0.2499% of the company.

Garrett-Cox, who is still chief executive and a director of Alliance Trust's fund management arm, stepped down from her role as part of a broader board shakeup after a battle with shareholder activist fund Elliott Advisors.

It came after the US hedge fund argued that Alliance Trust's performance has been poor and had campaigned for changes to the board.

The parties reached a truce in April when the company agreed to appoint two of the three candidates Elliott had put forward for positions on the board.

Top Director Buys

Aldermore Group (ALD)
Director name: Mr Phillip Monks
Amount purchased: 40,000 @ 217.00p
Value: £86,800

Westmount Energy Ltd. (WTE)
Director name: Mr Thomas O'Gorman
Amount purchased: 2,000,000 @ 4.00p
Value: £80,000

Westmount Energy Ltd. (WTE)
Director name: Mr Gerard Walsh
Amount purchased: 2,000,000 @ 4.00p
Value: £80,000

Pure Wafer (PUR)
Director name: Mr Stephen Boyd
Amount purchased: 40,000 @ 188.00p
Value: £75,200

Mcbride (MCB)
Director name: Mr Rik De Vos
Amount purchased: 10,000 @ 149.25p
Value: £14,925

Atlas Mara Limited (DI) (ATMA)
Director name: Mr Robert E. Diamond
Amount purchased: 2,410 @ $5.30
Value: $12,773

Aldermore Group (ALD)
Director name: Mr Phillip Monks
Amount purchased: 5,000 @ 217.00p
Value: £10,850

Atlas Mara Limited (DI) (ATMA)
Director name: Mr John Vitalo
Amount purchased: 1,930 @ $5.30
Value: $10,229


Top Director Sells

Alliance Trust (ATST)
Director name: Mr Katherine Garrett-Cox
Amount sold: 305,683 @ 493.00p
Value: £1,507,017

Diploma (DPLM)
Director name: Mr Bruce Thompson
Amount sold: 150,000 @ 740.50p
Value: £1,110,750

Diploma (DPLM)
Director name: Mr Iain Henderson
Amount sold: 25,299 @ 740.50p
Value: £187,339

Diploma (DPLM)
Director name: Mr Nigel Lingwood
Amount sold: 13,945 @ 740.50p
Value: £103,263

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE