Olympics director goes for gold at SSE

Director general of the UK Government Olympic Executive Jeremy Beeton has bought up shares in Scottish and Southern Energy, of which he is a non-executive director.

Beeton, who joined the board on 1 July 2011, has purchased 1,000 shares at 1,325p per share for a total of £12,250.

The FTSE 100 company announced last week that it has seen a 25% drop in pre-tax profit for the half year to September.

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The firm said it took the decision to shield household customers from rising wholesale energy prices for as long as practical before implementing a price increase on 14 September.

Top Director Buys

Telecity Group (TCY)

Director name: Mr Maurizio Carli

Amount purchased: 10,000 @ 620.00p

Value: £62,000

SSE (SSE)

Director name: Mr Jeremy Beeton

Amount purchased: 1,000 @ 1,325.00p

Value: £13,250

Top Director Sells

Albemarle & Bond Holdings (ABM)

Director name: Mr John Farrell

Amount sold: 5,250 @ 321.00p

Value: £16,852