Hunting CEO ditches 100,000 shares
A round-up of the biggest director buys today so far.
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The Chief Executive Officer of FTSE 250 energy services provider Hunting has sold off 100,000 shares in the firm at 945p each.
Dennis Proctor, who has been a director of Hunting for twelve years, made the £945,000 sale to satisfy personal tax liabilities, the company said.
Following the transaction, the director now holds 1,220,472 shares, equal to 0.83% of the firm's share capital.
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The company's share price has performed well over the past year, gaining over 17%, or 139p.
Just over a month ago the Hunting revealed that it sold its Canadian airport business for £7.5m.
Hunting Canadian Airport Holdings, which includes Field Aviation, was bought by a consortium of North American investors put together by the current management team.
Hunting agreed to defer £1.9m of the deal, which it will receive by the end of 2018 and on which it will earn interest at a rate of 8% a year in the meantime, the firm said.
On the day of Proctor's sale, the share price fell 0.58% to 945.50p.
Top Director Buys
Aberforth Smaller Companies Trust (ASL)
Director name: Mr Richard Rae
Amount purchased: 4,000 @ 629.68p
Value: £25,187
Mission Marketing Group (TMMG)
Director name: Mr Robert Andrew Day
Amount purchased: 95,725 @ 24.59p
Value: £23,539
Mission Marketing Group (TMMG)
Director name: Mr David William Morgan
Amount purchased: 95,725 @ 24.59p
Value: £23,539
Mission Marketing Group (TMMG)
Director name: Mr Chris Morris
Amount purchased: 76,600 @ 24.59p
Value: £18,836
Mission Marketing Group (TMMG)
Director name: Mr Dylan Bogg
Amount purchased: 57,450 @ 24.59p
Value: £14,127
VinaLand Ltd (VNL)
Director name: Mr Michael Ian Arnold
Amount purchased: 20,000 @ $0.57
Value: $11,500
Ruspetro (RPO)
Director name: Dr Rolf Stomberg
Amount purchased: 50,000 @ 20.00p
Value: £10,000
Top Director Sells
Hunting (HTG)
Director name: Mr Dennis L Proctor
Amount sold: 100,000 @ 945.00p
Value: £945,000
Drax Group (DRX)
Director name: Ms Dorothy Thompson
Amount sold: 15,280 @ 542.06p
Value: £82,827
Drax Group (DRX)
Director name: Mr Peter Emery
Amount sold: 7,673 @ 542.06p
Value: £41,592
Drax Group (DRX)
Director name: Mr Paul Taylor
Amount sold: 5,328 @ 542.06p
Value: £28,881
Drax Group (DRX)
Director name: Mr Anthony (Tony) James Quinlan
Amount sold: 3,124 @ 542.06p
Value: £16,934
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