Bosses wife splashes out on Standard Life shares
A round-up of the biggest director deals today so far.
The wife of Standard Life's chief executive has spent nearly £300,000 on a stake in the insurer, the day after the company announced it had a "good" 2010.
Caroline Nish, wife of David, bought 125,000 shares at 2,24p a time, taking the couple's stake to about 550,000 shares.
The UK's fourth-largest insurer reported inflows up 46% in 2010 and the insurer says it's made a strong start to 2011.
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"Our financial performance has been strong, with higher net flows and markets increasing the value of assets and revenues and leading to growth in profits," David Nish said.
"We've also made significant operational progress to drive efficiencies and are on track to meet our target of £100m of margin improvement by 2012."
Top Director Buys
Standard Life (SL.) Director name: Mr David Thomas NishAmount purchased: 125,000 @ 223.90p Value: £279,875
Utilico Investments Ltd (DI) (UTL) Director name: Mr J. Michael CollierAmount purchased: 55,000 @ 169.00p Value: £92,950
Utilico Investments Ltd (DI) (UTL) Director name: Mr J. Michael CollierAmount purchased: 45,000 @ 173.00p Value: £77,850
Glanbia (GLB) Director name: Mr Jeremiah Vincent ListonAmount purchased: 10,000 @ €4.20 Value: €41,980
Aga Rangemaster Group (AGA) Director name: Mr Shaun M SmithAmount purchased: 10,000 @ 127.67p Value: £12,767
Scottish Mortgage Inv Trust (SMT) Director name: Mr John ScottAmount purchased: 1,454 @ 698.00p Value: £10,149
Top Director Sells
Filtrona PLC (FLTR) Director name: Mr Mark HarperAmount sold: 293,507 @ 306.10p Value: £898,425
Rolls-Royce Group (RR.) Director name: Sir Sir John E V RoseAmount sold: 135,717 @ 607.03p Value: £823,843
Restaurant Group (RTN) Director name: Ms Trish CorzineAmount sold: 242,709 @ 295.74p Value: £717,788
Amlin (AML) Director name: Mr Charles E L PhilippsAmount sold: 108,661 @ 405.45p Value: £440,566
Rolls-Royce Group (RR.) Director name: Mr Andrew B ShilstonAmount sold: 63,867 @ 607.03p Value: £387,692
Restaurant Group (RTN) Director name: Mr Robert MorganAmount sold: 128,953 @ 295.74p Value: £381,366
Rolls-Royce Group (RR.) Director name: Mr Mike TerrettAmount sold: 58,061 @ 607.03p Value: £352,448
Rolls-Royce Group (RR.) Director name: Mr Colin P SmithAmount sold: 44,852 @ 607.03p Value: £272,265
Ultra Electronics Holdings (ULE) Director name: Mr Douglas CasterAmount sold: 12,806 @ 1,699.00p Value: £217,574
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