Charles Taylor Share News (CTR)

InterContinental Hotels' President of the Americas has sold 70,000 shares on Monday, reducing his stake to 388,330 shares. The shares were sold for 1,858.95p each for a total of £1.3m. The transaction comes just a few weeks after the company agreed to sell the leasehold interest at its London Park Lane hotel for £301.5m, 62% above the 2012 year-end net book value. IHG has secured a 30-year management contract on the hotel, with three 10-year extension rights at IHG's discretion, giving an expected contract length of 60 years. Management fees are expected to be approximately £4.0m per annum. The group's share price is up 25% over the past year, equal to 376p. Top Director BuysShare (SHRE) Director name: Mr Richard StoneAmount purchased: 250,000 @ 14.50p Value: £36,250Charles Taylor (CTR) Director name: Mr Tito SosoAmount purchased: 19,000 @ 165.00p Value: £31,350Sportech (SPO) Director name: Mr David McKeithAmount purchased: 30,000 @ 96.75p Value: £29,025PureCircle Ltd. (DI) (PURE) Director name: Mr John SlosarAmount purchased: 10,000 @ 256.00p Value: £25,600Law Debenture Corp. (LWDB) Director name: Mr Mark BridgemanAmount purchased: 4,513 @ 467.00p Value: £21,076NCC Group (NCC) Director name: Mr Thomas Chambers Amount purchased: 19,000 @ 106.25p Value: £20,188Greencoat UK Wind (UKW) Director name: Mr Tim IngramAmount purchased: 10,706 @ 106.98p Value: £11,453Top Director SellsInterContinental Hotels Group (IHG) Director name: Mr Kirk Kinsell Amount sold: 70,000 @ 1,858.95p Value: £1,301,265Spectris (SXS) Director name: Mr Clive WatsonAmount sold: 29,912 @ 1,915.99p Value: £573,111Smiths News (NWS) Director name: Mr Jonathan BuntingAmount sold: 151,356 @ 183.00p Value: £276,981Spectris (SXS) Director name: Mr Roger StephensAmount sold: 14,272 @ 1,915.99p Value: £273,450Share (SHRE) Director name: Mr Richard StoneAmount sold: 250,000 @ 22.00p Value: £55,000