Aviva boss sells shares

Leslie Van de Walle, a non-executive director at Aviva, has sold £42,659-worth of shares in the insurance giant.

Van de Walle, 55, who joined the board in 2009 and is also the director of SIG, sold 12,826 shares at 332.60p each.

MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

The firm, which saw a decline in world-wide sales in the nine months to the end of September, says it will use the money for "general corporate purposes" and that "proceeds will be counted towards its regulatory capital resources".

As of the end of the third quarter, total sales stood at £30,597m down 5% on the same period of 2010.

The internal rate of return figure has improved from 2010, however, rising to 13.8% from 13.1%.

Top Director Buys

Centamin Egypt Ltd. (CEY)

Director name: Mr Josef El-Raghy

Amount purchased: 250,000 @ 96.65p

Value: £241,625

Lok'n Store Group (LOK)

Director name: Mr Charles Peal

Amount purchased: 10,000 @ 100.00p

Value: £10,000

Top Director Sells

Centamin Egypt Ltd. (CEY)

Director name: Mr Trevor Stanley Schultz

Amount sold: 900,000 @ 96.53p

Value: £868,770

Brewin Dolphin Holdings (BRW)

Director name: Mr Robin A Bayford

Amount sold: 112,826 @ 132.00p

Value: £148,930

First Derivatives (FDP)

Director name: Mr Adrian John Toner

Amount sold: 15,944 @ 480.00p

Value: £76,531

Aviva (AV.)

Director name: Mr Leslie Van de Walle

Amount sold: 12,826 @ 332.60p

Value: £42,659

Mid Wynd International Inv Trust (MWY)

Director name: Mr P M S Barron

Amount sold: 5,000 @ 228.00p

Value: £11,400

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.