Director dealings: Mears Group CFO makes share sale

(Sharecast News) - Mears Group revealed on Monday that chief financial officer Andrew Smith had disposed of 108,303 ordinary shares in the London-listed housing and social care provider. Smith, who offloaded the stock to cover tax liabilities triggered by his 8 May option exercise, sold the shares at an average price of 400.50p each, for a total value of £433,753.53.

Following the transaction, Smith holds a beneficial interest in approximately 585,609 ordinary Mears shares, representing approximately 0.69% of the company's issued share capital.

As of 1400 BST, Mears shares were up 0.50% at 404.50p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Bank Of Ireland Group (cdi) (BIRG) Director name: O'Grady,Myles Amount purchased: 15,843 @ 16.13 Value: 255,547.58

Bank Of Ireland Group (cdi) (BIRG) Director name: Spain ,Mark Amount purchased: 9,727 @ 16.13 Value: 156,896.50

Kistos Holdings (KIST) Director name: Benmore,Richard Amount purchased: 1,286 @ 105.00p Value: £1,350.30

Kistos Holdings (KIST) Director name: Mann,Peter Amount purchased: 1,286 @ 105.00p Value: £1,350.30

Top Director Sells

Mears Group (MER) Director name: Smith,Andrew C M Amount sold: 108,303 @ 400.50p Value: £433,753.53

Mears Group (MER) Director name: Critchley,Lucas Amount sold: 60,984 @ 400.50p Value: £244,240.93

Kistos Holdings (KIST) Director name: Mann,Peter Amount sold: 60,419 @ 286.49p Value: £173,094.40

Bank Of Ireland Group (cdi) (BIRG) Director name: O'Grady,Myles Amount sold: 4,817 @ 16.57 Value: 79,812.87

Bank Of Ireland Group (cdi) (BIRG) Director name: Spain ,Mark Amount sold: 2,958 @ 16.57 Value: 49,011.10

Kistos Holdings (KIST) Director name: Thomson,James Amount sold: 15,601 @ 286.49p Value: £44,695.31