Virgin Media non-exec sells shares
A round-up of the biggest director deals today so far.
Virgin Media non-executive director John Rigsby has sold £183,287 worth of shares in the cable TV and internet services provider.
Rigsby, who has been a director since September 2008, serves on the business operations and technology committee and the audit committee.
The 64-year-old has worked for Time Warner Cable, Bright House Networks and American Television & Communications.
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In August, Virgin Media announced that it was to sell its stake in UKTV, the digital television group that owns channels such as Dave and Yesterday.
Back in February, the company reported its best ever financial year, with the final quarter of 2010 topping £1bn.
The stock has lost 6.35% over the past year, equivalent to 103p.
Top Director Buys
F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 200,000 @ 69.08p
Value: £138,160
Stobart Group Ltd. (STOB)
Director name: Mr Michael Kayser
Amount purchased: 62,500 @ 111.93p
Value: £69,956
Telecity Group (TCY)
Director name: Mr Michael Tobin
Amount purchased: 5,000 @ 598.88p
Value: £29,944
Evolve Capital (EVOL)
Director name: Mr David Wallace Ballintine Snow
Amount purchased: 2,000,000 @ 0.60p
Value: £12,000
Top Director Sells
Virgin Media Inc. (VMED)
Director name: Mr John Rigsby
Amount sold: 12,000 @ 1,527.39p
Value: £183,287
Cable & Wireless Communications (CWC)
Director name: Mr Timothy Pennington
Amount sold: 119,200 @ 38.92p
Value: £46,393
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