Alan Wiseman, the chairman of Robert Wiseman Dairies, has raised £3m from a share sale.
Wiseman sold 615,000 shares at 491.5p each. He still owns 15.2% of the Scottish dairy group.
In June, Robert Wiseman completed the repurchase of capital equipment and vehicles that were the subject of a sale and lease back deal with SG Leasing (June), part of French bank Societe Generale, in May. The company says that the deal will provide capital allowances that will reduce its tax bill.
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Turnover rose 5% to £886.2m and sales volumes leapt 9% to a record 1.77 billion litres in the year to early April 2010. Profit before tax was 60% ahead at £49.2m, boosted by higher cream prices and a £1.9m cut in the OFT's price-fixing fine.
Top Director Buys
British Land Co (BLND) Director name: Mr Stephen Smith Amount purchased: 50,000 @ 429.00p Value: £214,500
Daily Mail and General Trust (DMGT) Director name: Mr D M M DuttonAmount purchased: 45,000 @ 435.20p Value: £195,840
Brulines (BRU) Director name: Mr James DicksonAmount purchased: 50,000 @ 113.00p Value: £56,500
Brulines (BRU) Director name: Mr James DicksonAmount purchased: 50,000 @ 113.00p Value: £56,500
The Conygar Investment Company (CIC) Director name: Mr Nigel J HamwayAmount purchased: 50,000 @ 106.00p Value: £53,000
Taylor Wimpey (TW.) Director name: Mr Robert O RowleyAmount purchased: 200,000 @ 26.02p Value: £52,040
Taylor Wimpey (TW.) Director name: Mr Kevin S BeestonAmount purchased: 193,981 @ 25.78p Value: £50,008
Taylor Wimpey (TW.) Director name: Mr Peter RedfernAmount purchased: 193,981 @ 25.78p Value: £50,008
Taylor Wimpey (TW.) Director name: Ms Sheryl Palmer Amount purchased: 128,295 @ 25.78p Value: £33,074
Paragon Group Of Companies (PAG) Director name: Mr Alan FletcherAmount purchased: 25,000 @ 116.00p Value: £29,000
Top Director Sells
Robert Wiseman (RWD) Director name: Mr Alan W WisemanAmount sold: 615,000 @ 491.50p Value: £3,022,725
News Corp A (NCRA) Director name: Mr Rupert MurdochAmount sold: 18,626 @ $12.21 Value: $227,423
News Corp A (NCRA) Director name: Mr Rupert MurdochAmount sold: 17,897 @ $12.21 Value: $218,522
Unilever (ULVR) Director name: Professor Genevieve BergerAmount sold: 3,702 @ 1,757.00p Value: £65,044
Norman Hay (HNN) Director name: Mr V P BellantiAmount sold: 13,568 @ 94.50p Value: £12,822
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