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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
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Value: 255,547.58
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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
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Bank Of Ireland Group (cdi) (BIRG)
Director name: O'Grady,Myles
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Value: 79,812.87
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Director name: Spain ,Mark
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Value: 49,011.10
Kistos Holdings (KIST)
Director name: Thomson,James
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Value: 44,695.31