Deena Mattar, who is stepping down as finance director of building and civil engineering group Kier in November, has sold shares for the third time in the past month.
To be fair, it is a member of her family selling the shares. Her husband John Dodds was chief executive of Kier until March. The latest disposal is of 7,500 shares for £12.24 each. That raised £91,800 and leaves her with 325,437 shares.
The two previous sales raised just over £605,000 at slightly lower share prices. This means that nearly £700,000 has been raised from share sales in the past month.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Mattar has been finance director of Kier for nine years.
Top Director Buys
MobilityOne Ltd. (MBO) Director name: Mr Hussain Rizal bin A RahmanAmount purchased: 3,209,784 @ 5.00p Value: £160,489
Praesepe (PRA) Director name: Mr James Simon ThomasAmount purchased: 318,182 @ 7.50p Value: £23,864
Top Director Sells
-
House prices rise 2.9% – will the recovery continue?House prices grew by 2.9% on an annual basis in September. Will Budget policies and ‘higher-for-longer’ rates dent the recovery?
-
Nvidia earnings: what to expectNvidia announces earnings after market close on 20 November. What should investors expect from the semiconductor giant?
