Patrick Dardis, the retail director at Young & Co's Brewery, can afford to buy more than a round of drinks after selling £29,995-worth of shares.
Dardis, who joined the AIM-50 listed firm in 2002, sold off 4,411 shares at 680.00p each, less than two weeks after Young & Co.'s said it has made a very positive start to the second half of the financial year.
The company reported that revenue was up 34% at £90.5m during the six months to October, with adjusted profit before tax up 11% to £12.5m.
Peel Hunt responded to the interim results by upgrading its full-year profit before tax forecast by 2% to £21.0m, and its earnings per share estimate by 1% to 31.5p.
The director has overall responsibility for the operation of the Young's managed estate as well as Young's managed house pub acquisitions and developments.
Home shopping, educational and healthcare business Findel said its full year performance is expected to be in line with expectations as it holds board talks on the disposal of its healthcare unit. [8 Apr '13]
Findel, the home shopping and education materials supplier, took a hit after the firm said it was yet to see a sustained Christmas pick-up and was cautious about the remainder of the year. [27 Nov '12]
Home shopping, educational and healthcare business Findel said its turnaround actions helped it report a 7.9 per cent increase in first half sales, and while spending pressures remain, it is confident of further progress. [3 Oct '12]
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