John Worby, Group Finance Director of Genus, the FTSE 250 animal genetics firm, has sold 43,000 shares, half of the amount he vested earlier this month.
Worby sold 43,261 shares at 1,318.41p each for a total of £570,357. The sale was made further to the vesting of 86,523 conditional nil-cost share options on March 5th under the company's performance share plan.
The remaining 43,262 share options that vested under the plan have been retained by Worby.
Towards the end of last month the firm reported strong growth in sales volumes in Asia has seen animal genetics firm Genus increase revenue by almost a 10th in the first half of its financial year.
Furthermore, after reviewing its dividend policy last year, the firm has decided to start paying an interim dividend for the first time this year. The board has approved an interim dividend of 4.5p per share payable on March 30th.
The stock has rocketed in the past past year, rising almost 44%, equivalent to 404p. The share price is up 0.84%, or 11p over the past week.
Marketing firm Cello said strong trading has continued so far this year, driven by its health division and a recovery at its consumer unit, and expects half year results higher than last year. [14 May '13]
Energy and sustainability consultancy AEA Technology has warned trading conditions remain challenging, but said good progress is being made in the implementation of its business plan. The company is able to consider all strategic options to realise value after it recently secured additional short-term funding. The firm said that while it is having on-going and constructive discussions with a number of interested parties, it does not, as previously announced, envisage that the [19 Sep '12]
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.