Asia Citrus director makes juicy share sale

Cheung Wai Sun, an executive director Asian Citrus, the largest orange plantation owner in China, has pocketed more than £6.7m from a share sale.

He sold 60,000 shares at HK$9.34 (75.5p) and 30,000 at $9.25. He still has options over 1.32m shares.

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The company last week posted a strong rise in profits after the ripening of new fruit-bearing trees boosted sales and margins.

Orange sales rose 42% to 61,157 tonnes from 42,977 tonnes. The day before releasing its results, Asian Citrus bought 92.9% of fruit juice and puree producer Beihai Perfuming Garden Juice for HK$2.04bn (£165m). Beihai produces approximately 60,000 tonnes of purees and fruit juices every year and will give the company a 'downstream' business.

Top Director Buys

Alternative Asset Opportunities PCC Ltd. (TLI) Director name: Mr John ScottAmount purchased: 87,697 @ 56.50p Value: £49,549

Vertu Motors (VTU) Director name: Mr Robert ForresterAmount purchased: 101,550 @ 29.25p Value: £29,703

Vertu Motors (VTU) Director name: Mr David Malcolm Forbes Amount purchased: 100,000 @ 29.25p Value: £29,250

Vertu Motors (VTU) Director name: Mrs Karen AndersonAmount purchased: 84,625 @ 29.25p Value: £24,753

SEGRO (SGRO) Director name: Mr Thom WerninkAmount purchased: 6,216 @ 296.80p Value: £18,449

Amphion Innovations (AMP) Director name: Mr Richard James MacaleerAmount purchased: 149,820 @ 9.10p Value: £13,634

Top Director Sells

Asian Citrus Holding (ACHL) Director name: Mr Cheung Wai SunAmount sold: 60,000 @ 7,517.50p Value: £4,510,500

Asian Citrus Holding (ACHL) Director name: Mr Cheung Wai SunAmount sold: 30,000 @ 7,517.50p Value: £2,255,250

Monitise (MONI) Director name: Mr Alastair LukiesAmount sold: 2,444,817 @ 23.00p Value: £562,308

Monitise (MONI) Director name: Mr Lee CameronAmount sold: 122,241 @ 23.00p Value: £28,115

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