Tom Grace, senior independent director of Paddy Power, has cut his stake in the Irish bookie, which has seen a rally in the share price since February.
Grace, a former Irish rugby international and the treasurer of the Irish Rugby Football Union, sold €165,000 worth at €10 per share. Grace joined the Paddy Power board in 2006. Paddy Power's share price has picked up after an upbeat trading statement in May.
Top Director Buys
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Value: £37,775
Value: £24,960
Top Director Sells
Value: £1,600,147
Value: £814,709
Value: £575,364
Value: £495,218
Value: £180,850
Value: € 165,000
Value: £154,897
Value: £132,601
Value: $112,800
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3 ways to work out if a stock is good valueThe only thing you can really control in investing is the price you pay for an asset – but how can you tell if you’re getting a good deal when it comes to the price of a stock?
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