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Director dealings: Investec CEO cashes in £1.14m after recent share growth
(Sharecast News) - Investec's chief executive enjoyed a £1.14m payday, it emerged on Wednesday, after selling almost a quarter-million shares on the open market. The Anglo-South African wealth manager and financial services provider said Fani Titi sold 248,915 shares on the London Stock Exchange on Monday.
Titi sold each share for 456p, netting him a total of £1,135,052.39.
Investec shares have progressively risen since it announced an executive reshuffle on 27 July, with Barbara-Ann King set to replace Ciaran Welan as the CEO of Investec Wealth and Investment UK.
Lesley-Anne Gatter, meanwhile, was set to replace Marc Kahn as global head of people and organisation.
Investec's shares have risen from 425.9p on 26 July, to close at 462.1p after a gain of 1.99% in Wednesday trading.
Reporting by Josh White at Sharecast.com.
Top Director Buys
Custodian Reit (CREI) Director name: Cooper,Malcolm Amount purchased: 45,000 @ 10,880.00p Value: £4,896,000.14
Playtech (PTEC) Director name: Krumins,John Amount purchased: 8,000 @ 467.00p Value: £37,360.00
Best Of The Best (BOTB) Director name: Hughes,Ben Amount purchased: 5,180 @ 459.99p Value: £23,827.48
De La Rue (DLAR) Director name: Vacher,Clive Amount purchased: 22,562 @ 89.45p Value: £20,181.71
De La Rue (DLAR) Director name: Vacher,Clive Amount purchased: 22,562 @ 89.45p Value: £20,181.71
Staffline Group (STAF) Director name: Ellis,Albert Amount purchased: 50,000 @ 40.00p Value: £20,000.00
Pearson (PSON) Director name: Johnson,Sally Amount purchased: 2,658 @ 677.00p Value: £17,994.66
Hamak Gold Limited Npv (di) (HAMA) Director name: Smithson,Nicholas Karl Amount purchased: 119,094 @ 8.40p Value: £10,003.90
Hamak Gold Limited Npv (di) (HAMA) Director name: Lampshire,Martin Amount purchased: 122,000 @ 8.18p Value: £9,979.60
Diageo (DGE) Director name: Ferrán,Javier Amount purchased: 216 @ 3,825.00p Value: £8,262.00
Worsley Investors Limited Npv (WINV) Director name: Scott,William Amount purchased: 23,549 @ 27.00p Value: £6,358.23
Rolls-royce Holdings (RR.) Director name: Mars,Wendy Amount purchased: 2,156 @ 84.43p Value: £1,820.31
Rolls-royce Holdings (RR.) Director name: Yang,Lee Hsien Amount purchased: 1,161 @ 84.43p Value: £980.23
Worsley Investors Limited Npv (WINV) Director name: Scott,William Amount purchased: 2,581 @ 27.00p Value: £696.87
Allianz Technology Trust (ATT) Director name: Patel,Neeta Amount purchased: 204 @ 242.06p Value: £493.80
Mondi (MNDI) Director name: Powell,Mike Amount purchased: 20 @ 1,479.71p Value: £295.94
Mondi (MNDI) Director name: King,Andrew Amount purchased: 20 @ 1,479.71p Value: £295.94
Prudential (PRU) Director name: FitzPatrick,Mark Amount purchased: 20 @ 981.39p Value: £196.28
Imi (IMI) Director name: Twite,Roy Amount purchased: 12 @ 1,287.47p Value: £154.50
Cls Holdings (CLI) Director name: Widlund,Fredrik Amount purchased: 75 @ 201.50p Value: £151.13
Cls Holdings (CLI) Director name: Kirkman ,Andrew Amount purchased: 75 @ 201.50p Value: £151.13
Qinetiq Group (QQ.) Director name: Wadey ,Steve Amount purchased: 39 @ 386.60p Value: £150.77
National Grid (NG.) Director name: Pettigrew,John Amount purchased: 13 @ 1,137.59p Value: £147.89
National Grid (NG.) Director name: Agg,Andrew Amount purchased: 13 @ 1,137.59p Value: £147.89
Imi (IMI) Director name: Shook ,Daniel Amount purchased: 10 @ 1,287.47p Value: £128.75
Top Director Sells
Investec (INVP) Director name: Titi,Fani Amount sold: 248,915 @ 456.00p Value: £1,135,052.39
Natwest Group Plc Ord 100p (NWG) Director name: Rose,Alison Amount sold: 54,145 @ 253.50p Value: £137,257.58
Natwest Group Plc Ord 100p (NWG) Director name: Murray,Katie Amount sold: 36,917 @ 253.50p Value: £93,584.60
De La Rue (DLAR) Director name: Vacher,Clive Amount sold: 45,124 @ 89.40p Value: £40,340.86
Red Rock Resources (RRR) Director name: McMillan Bell,Andrew Ronald Amount sold: 2,000,000 @ 0.47p Value: £9,400.00
Red Rock Resources (RRR) Director name: McMillan Bell,Andrew Ronald Amount sold: 1,580,000 @ 0.48p Value: £7,512.90
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