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(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