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(Sharecast News) - Ramsdens revealed on Tuesday that chairman Andrew Meehan and his wife, Susan, had disposed of 125,000 ordinary shares in the London-listed jeweller and pawnbroker.
Meehan, who took over as chairman in September 2014, sold the shares on Friday at an average price of 216.80p each, for a total value of £271,000.
Following the transaction, Meehan holds a beneficial interest in 192,320 ordinary Ramsdens shares, representing approximately 0.60% of the company's issued share capital.
As of 1630 BST, Ramsdens shares were down 0.95% at 208.0p.
Reporting by Iain Gilbert at Sharecast.com
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Top Director Sells
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Director name: Meehan,Andrew David
Amount sold: 125,000 @ 216.80p
Value: £271,000.00
Judges Scientific (JDG)
Director name: Hambro,Alexander
Amount sold: 2,700 @ 9,790.00p
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Gateley (holdings) (GTLY)
Director name: Waldie,Rod
Amount sold: 50,000 @ 138.00p
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Gateley (holdings) (GTLY)
Director name: Smith,Neil Andrew
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Gateley (holdings) (GTLY)
Director name: Garrad,Victoria
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Director name: Smith,Neil Andrew
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Director name: Garrad,Victoria
Amount sold: 8,213 @ 138.00p
Value: £11,333.94