Aegis director makes double sale

Harold Mitchell, a senior board member of Aegis Group, the FTSE-250 media and digital communications group, has made a double sale of shares in the month following its better-than-expected full year results.

Mitchell, who is the Executive Chairman of Aegis Media Pacific, sold 150,000 shares at 5.5p each on April 10th, six days after he sold 400,000 shares for the same price. Together, the sales earned the director £990,365.

Mitchell's sale made the most of the boost to the group's share price,

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which is up over 36% since the same date a year ago.

The firm announced in March that it had beaten analyst forecasts for 2011 with profits jumping by a third. Pre-tax profits for 2011 at the firm came in at £161.8m, up 32% on the year before and beating expectations of £148.3m.

Earnings per share were 10.1p, up 29% on the previous year, with the company saying it would pay a dividend of 3.2p.

Top Director Buys

Bahamas Petroleum Co (BPC)

Director name: Mr Ross McDonald

Amount purchased: 250,000 @ 10.52p

Value: £26,300

RSM Tenon Group (TNO)

Director name: Mr Christopher Merry

Amount purchased: 250,000 @ 7.25p

Value: £18,125

W H Ireland Group (WHI)

Director name: Mr Christopher Paul Compton

Amount purchased: 15,000 @ 85.00p

Value: £12,750

Xchanging (XCH)

Director name: Mr David Bauernfeind

Amount purchased: 11,200 @ 96.59p

Value: £10,818

Top Director Sells

Hilton Food Group (HFG)

Director name: Mr Colin Patten

Amount sold: 3,644,315 @ 280.00p

Value: £10,204,082

Aegis Group (AGS)

Director name: Mr Harold Mitchell

Amount sold: 400,000 @ 183.14p

Value: £732,560

Morrison (Wm) Supermarkets (MRW)

Director name: Mr Richard Pennycook

Amount sold: 210,030 @ 288.17p

Value: £605,243

Computacenter (CCC)

Director name: Mr Michael J Norris

Amount sold: 122,670 @ 415.05p

Value: £509,142

Computacenter (CCC)

Director name: Mr Tony Conophy

Amount sold: 66,770 @ 415.05p

Value: £277,129

Aegis Group (AGS)

Director name: Mr Harold Mitchell

Amount sold: 150,000 @ 176.59p

Value: £264,885

W H Ireland Group (WHI)

Director name: Dr Richard Lee

Amount sold: 90,000 @ 85.00p

Value: £76,500

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