Executive director Murray Smith has been reducing his stake in pensions adviser Mattioli Woods.
The marketing and sales director has sold 50,000 shares at 235p each. This follows the sale of a further 50,000 shares at 230p a share. This leaves Smith with 253,866 shares, or 1.46% of Mattioli Woods.
Last September, Smith sold 60,000 shares at 205p a share. This means that he has raised more than £350,000 from share sales in the past six months.
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
Smith joined Mattioli Woods in 1995 and he is responsible for all the firm's marketing activities and managing its team of consultants.
Mattioli Woods joined AIM in November 2005. The initial placing price was 132p a share.
Top Director Buys
Getmobile Europe (GETM) Director name: Mr Maximillian ArdeltAmount purchased: 66,000 @ 133.46p Value: £88,084
Hasgrove (HGV) Director name: Mr Godfery TaylorAmount purchased: 200,000 @ 38.00p Value: £76,000
Hasgrove (HGV) Director name: Mr Rod HydeAmount purchased: 50,000 @ 38.00p Value: £19,000
Findel (FDL) Director name: Mr Eric TraceyAmount purchased: 50,000 @ 30.02p Value: £15,015
Top Director Sells
SABMiller (SAB) Director name: Mr M I WymanAmount sold: 102,195 @ 1,685.13p Value: £1,722,119
Chloride Group (CHLD) Director name: Mr Neil WarnerAmount sold: 346,803 @ 174.30p Value: £604,478
Mattioli Woods (MTW) Director name: Mr Murray Beveridge SmithAmount sold: 50,000 @ 235.00p Value: £117,500
Directex Realisations (DXR) Director name: Mr Martin KiersnowskiAmount sold: 1,000,000 @ 1.50p Value: £15,000
-
A junior ISA could turn your child’s pocket money into thousands of poundsPersuading your child to put their pocket money in a junior ISA might be difficult, but the pennies could quickly grow into pounds – and teach them a valuable lesson about money
-
Cost of Christmas dinner jumps 6.5% as grocery price inflation rises againThe average Christmas dinner for four now costs £32.57 as grocery price inflation increases - but what does it mean for interest rates?
