Chief Executive of N Brown, Alan White, has sold 234,699 shares, post-exercise of options, just a week after the internet and catalogue home shopping company said sales were up.
White, who joined the company in September 2002, earned himself £613,597 after selling the shares at 261.44p each.
The CEO sold all of the 234,699 shares, having earned them through the company's long-term incentive plan and deferred annual bonus scheme.
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Despite sales being higher the firm warned that price conscious shoppers opting for value ranges had hit margins.
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In the four months to the end of June the firm said total group revenue increased by 2.5%.
Like-for-like revenue growth was 1.9% after excluding sales from stores opened in the last year.
The company said an overall improvement in sales disguised a significant variation in performance by product category.
The share price fell 3.5% in the past year, but gained over 13% in the past month.
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Director name: Mr Mike Terrett
Amount purchased: 6,066 @ 888.03p
Value: £53,868
Rolls-Royce Holdings (RR.)
Director name: Mr Colin P Smith
Amount purchased: 3,245 @ 888.03p
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Top Director Sells
Brown (N.) Group (BWNG)
Director name: Mr Alan White
Amount sold: 234,699 @ 261.44p
Value: £613,597
