Edward Strachan, an executive director of exhibitions organiser ITE, has raised £6.75m by selling more than half of his shareholding.
Strachan has sold 3m shares at 225p each. The shares were owned by Kyzyl Tan Consultants, where Strachan is the majority shareholder. Strachan still owns 2.675m shares.
Strachan has been with ITE since 1993 and he has been involved in starting up and running its Russian and CIS businesses.
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The disposal comes on the day that ITE bought Moscow-based International Exhibition Company CJSC (MVK) for €33m cash.
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Young & Co's Brewery 'A' Shares (YNGA) Director name: Mr David PageAmount purchased: 3,278 @ 610.00p Value: £19,996
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ITE Group (ITE) Director name: Mr Edward StrachanAmount sold: 3,000,000 @ 225.00p Value: £6,750,000
Imperial Tobacco Group (IMT) Director name: Mr Robert DyrbusAmount sold: 27,843 @ 1,919.82p Value: £534,535
Medilink-Global UK Ltd. (MEDI) Director name: Mr Shia Kok FatAmount sold: 1,500,000 @ 12.00p Value: £180,000
Imperial Tobacco Group (IMT) Director name: Ms Alison CooperAmount sold: 7,032 @ 1,919.82p Value: £135,002
Imperial Tobacco Group (IMT) Director name: Mr Graham BlashillAmount sold: 6,950 @ 1,919.82p Value: £133,427
Imperial Tobacco Group (IMT) Director name: Mr Matthew PhillipsAmount sold: 2,979 @ 1,919.82p Value: £57,191
Young & Co's Brewery 'A' Shares (YNGA) Director name: Mr Patrick DardisAmount sold: 3,278 @ 610.00p Value: £19,996
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