G4S's Gibson secures nearly £500,000
A round-up of the biggest director buys today so far.
Grahame Gibson, chief operating officer of security group G4S, has sold 180,000 shares at 265.81p each for £478,458.
Gibson has been involved in the security industry for 27 years, having joined the group's UK operating company in 1983 as the finance director.
Since then, he has held a number of operational, management and board positions in the UK, US, Denmark, the Netherlands and Austria.
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Gibson joined the board in April 2005 and is the divisional president of secure solutions.
He is currently a board member of the Ligue Internationale des Socits de Surveillance, an association of private security organisations throughout the world.
Group turnover for the first half of 2010 was up 4% at constant exchange rates to £3.6bn from £3.5bn previously. Pre-tax profit was up 3% to £238.1m. Sales and underlying profits were slightly ahead of market expectations, despite the trading environment remaining challenging.
Top Director Buys
General Electric Co (GEC) Director name: Mr Michael A. NealAmount purchased: 20,553 @ €11.61 Value: €238,651
Bunzl (BNZL) Director name: Mr Michael J RoneyAmount purchased: 35,562 @ 764.79p Value: £271,975
Hansteen Holdings (HSTN) Director name: Mr Richard Cotton Amount purchased: 100,000 @ 75.00p Value: £75,000
Ukraine Opportunity Trust (UKRO) Director name: Mr Nigel Douglas PilkingtonAmount purchased: 10,000 @ $2.40 Value: $24,000
Ukraine Opportunity Trust (UKRO) Director name: Mr Bertrand Ivan LipworthAmount purchased: 10,000 @ $2.40 Value: $24,000
Ocado Group (OCDO) Director name: Mr David GrigsonAmount purchased: 15,000 @ 136.41p Value: £20,462
Ocado Group (OCDO) Director name: Mr David YoungAmount purchased: 7,400 @ 135.84p Value: £10,052
Top Director Sells
G4S (GFS) Director name: Mr Grahame GibsonAmount sold: 180,000 @ 265.81p Value: £478,458
Bunzl (BNZL) Director name: Mr Patrick LarmonAmount sold: 22,662 @ 764.79p Value: £173,317
Bunzl (BNZL) Director name: Mr Brian MayAmount sold: 16,735 @ 764.79p Value: £127,988
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