Galliford Try's Finance Director has made the most of recent gains on the stock's share price, selling more than half his stake in the firm.
Frank Nelson disposed of 85,000 shares in the housbuilding and construction firm for 547.70p each, earning himself a total of £465,545 and leaving him with 77,440 shares.
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Nelson, who joined the board in 2000, made the sale just one day after the firm doubled its interim dividend, having delivered strong profit growth for the half year ended December 31st.
Pre-tax profit rose to £32.2m for the half year from £17m the same time a year earlier. Group revenue climbed to £746.8m from £575.9m previously.
Galliford said the housing market has remained resilient and it is encouraged by the continued strength of the market during the first seven weeks of 2012.
Top Director Buys
InterContinental Hotels Group (IHG)
Director name: Mr Dale F. Morrison
Amount purchased: 4,536 @ 1,407.33p
Value: £63,836
Top Director Sells
Experian (EXPN)
Director name: Mr John Peace
Amount sold: 80,000 @ 955.00p
Value: £764,000
Mondi (MNDI)
Director name: Mr Peter Oswald
Amount sold: 115,923 @ 581.04p
Value: £673,559
Mondi (MNDI)
Director name: Mr David A Hathorn
Amount sold: 110,393 @ 581.04p
Value: £641,427
Galliford Try (GFRD)
Director name: Mr Frank Nelson
Amount sold: 85,000 @ 547.70p
Value: £465,545
Mondi (MNDI)
Director name: Mr Andrew King
Amount sold: 45,582 @ 581.04p
Value: £264,850
Mondi (MNDI)
Director name: Ms Carol Hunt
Amount sold: 17,907 @ 581.04p
Value: £104,047
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