Standard Chartered earns 5.9m pounds worth of shares
A round-up of the biggest director deals today so far.
Peter Sands, Chief Executive at Standard Chartered, the Asia-focused banking colossus, earned himself 5.9m pounds-worth of shares in the company following the vesting of four separate reward payments.
The pay-out came as the largest part of a £32m bonus paid to 10 of the company's directors.
Sands, who has been in his role since 2006, has already said he plans to give part of the pay-out to charity.
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The shares were awarded between 2008 and 2011.
At the end of February the firm reported its ninth successive year of record income and profit in 2011 and reckons it is in good shape to face whatever 2012 throws at it.
Profit before tax was up 11% to $6,775m in 2011 from $6,122m in 2010. Operating income moved up by one-tenth to $17,637bn from $16,062m the year before, interest income rose to $16,584m from $13,500m the year before, while non-interest income slipped to $7,474m from $7,592m in 2010.
Top Director Buys
New Europe Property Investments (NEPI)
Director name: Mr Desmond de Beer
Amount purchased: 25,606 @ €3.51
Value: €89,974
HGCapital Trust (HGT)
Director name: Mr Andrew Murison
Amount purchased: 6,153 @ 975.00p
Value: £59,992
Renold (RNO)
Director name: Mr Robert Davies
Amount purchased: 150,000 @ 39.00p
Value: £58,500
Asian Citrus Holding (ACHL)
Director name: Mr Tong Wang Chow
Amount purchased: 120,000 @ 46.63p
Value: £55,956
Interserve (IRV)
Director name: Mr Tim Haywood
Amount purchased: 17,000 @ 292.82p
Value: £49,779
MirLand Development Corp. (MLD)
Director name: Mr Eliezer Fishman
Amount purchased: 20,919 @ 151.00p
Value: £31,588
Grainger (GRI)
Director name: Mr Nick Jopling
Amount purchased: 25,000 @ 113.30p
Value: £28,325
StatPro Group (SOG)
Director name: Mr Justin Wheatley
Amount purchased: 16,800 @ 97.00p
Value: £16,296
Logica (LOG)
Director name: Mr David A Tyler
Amount purchased: 14,342 @ 99.80p
Value: £14,313
Top Director Sells
Avocet Mining (AVM)
Director name: Mr Harald Arnet
Amount sold: 23,693,988 @ 200.00p
Value: £47,387,976
ARM Holdings (ARM)
Director name: Mr Simon Segars
Amount sold: 149,999 @ 570.00p
Value: £854,994
Croda International (CRDA)
Director name: Mr Sean Christie
Amount sold: 23,569 @ 2,222.02p
Value: £523,708
Mandarin Oriental International (Singapore) (MDO)
Director name: Mr Andrew Hirst
Amount sold: 181,000 @ $2.58
Value: $467,758
ARM Holdings (ARM)
Director name: Mr Simon Segars
Amount sold: 49,999 @ 569.89p
Value: £284,939
Croda International (CRDA)
Director name: Mr Steve Foots
Amount sold: 10,371 @ 2,212.30p
Value: £229,438
Travis Perkins (TPK)
Director name: Mr Paul N Hampden Smith
Amount sold: 16,000 @ 1,090.00p
Value: £174,400
Ferrexpo (FXPO)
Director name: Mr Christopher Mawe
Amount sold: 27,150 @ 341.00p
Value: £92,582
Asian Citrus Holding (ACHL)
Director name: Mr Cheung Wai Sun
Amount sold: 120,000 @ 46.63p
Value: £55,956
Oxus Gold (OXS)
Director name: Mr Richard B Shead
Amount sold: 500,000 @ 5.14p
Value: £25,700
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