LONDON (ShareCast) - Arthur Davidson, the Divisional Chairman of Specialist Merchanting at builders' merchant Travis Perkins, sold two lots of 5,000 shares on Friday.
In the first tranche, the director sold the shares at 1,085.23p for a total of £54,262, and in the second the other 5,000 at 1,089p for £54,450.
Following the sale Davidson holds 36,558 shares in the company, equal to less than 0.1% of the total share capital.
The stock has performed well over the past four months, up from around 900p at the start of June. Over the past year shares have risen almost 43%, equal to 326p.
In the six months ended June 30th pre-tax profit after exceptional items rose from £129.2m to £162m.
The company said at the half year point that it is confident of meeting full year expectations for the 2012 financial performance.
Top Director Buys
Titanium Asset Management Corp. (Reg S) (TAM)
Director name: Mr Bob Brooks
Amount purchased: 122,874 @ $0.25
Value: $30,718
Brightside Group (BRT)
Director name: Dr Dr Christopher E Fay
Amount purchased: 100,000 @ 22.00p
Value: £22,000
Redhall Group (RHL)
Director name: Mr Philip Brierley
Amount purchased: 30,000 @ 64.75p
Value: £19,425
Hansard Global (HSD)
Director name: Mr Manoj Bhagubhai Patel
Amount purchased: 10,000 @ 106.00p
Value: £10,600
Top Director Sells
Braime (T.F.& J.H.) Holdings (Non-Voting) (BMT)
Director name: Mr Nicholas Braime (oxon)
Amount sold: 2,000 @ 501.00p
Value: £10,020
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