CYBG Share News (CYBG)

(Sharecast News) - CYBG chief executive David Duffy and chief financial officer Ian Smith both lowered their stakes in the FTSE 250-listed independent banking group.Duffy, who joined CYBG in June 2015, disposed of 184,681 ordinary shares in the Leeds-based group at 186.80p each, for a total transaction value of £344,993.34.Meanwhile, former Deloitte partner Ian Smith sold 56,583 ordinary shares for a total of £105,699.87.Earlier in February, CYBG's wholly-owned subsidiary Clydesdale Bank entered into a joint-venture with Salary Finance, to add an "innovative channel" to its personal lending business.CYBG described Salary Finance as an "innovative" financial technology platform, which connected to the payroll of participating employers to provide financial wellbeing benefits to employees, including salary-deducted savings and loans, as well as financial education.As of 1620 GMT, CYBG shares had slipped 0.82% to 186.20p.Top Director BuysParagon Banking Group (PAG)Director name: Ridpath,Barbara Amount purchased: 2,358 @ 421.90pValue: £9,948.40Falanx Group Ltd (FLX)Director name: Read,MikeAmount purchased: 400,000 @ 2.45pValue: £9,800.00Falanx Group Ltd (FLX)Director name: Selby,Ian Amount purchased: 170,612 @ 0.23pValue: £400.00Provident Financial (PFG)Director name: Mullen,Ken Amount purchased: 38 @ 501.00pValue: £190.38Sig (SHI)Director name: Maddock,NickAmount purchased: 125 @ 120.31pValue: £150.38Share Plc (SHRE)Director name: Ecsery,Francesca Eva Amount purchased: 600 @ 25.00pValue: £150.00Share Plc (SHRE)Director name: Thomas ,Gareth Amount purchased: 600 @ 25.00pValue: £150.00Share Plc (SHRE)Director name: Stone,Richard WilliamAmount purchased: 600 @ 25.00pValue: £150.00Share Plc (SHRE)Director name: Birkett,Mike Amount purchased: 600 @ 25.00pValue: £150.00Share Plc (SHRE)Director name: Tolkien,RichardAmount purchased: 600 @ 25.00pValue: £150.00Kingfisher (KGF)Director name: Witts,KarenAmount purchased: 65 @ 230.00pValue: £149.50Bae Systems (BA.)Director name: Woodburn,CharlesAmount purchased: 28 @ 525.30pValue: £147.08Top Director SellsCybg (CYBG)Director name: Duffy,David Amount sold: 184,681 @ 186.80pValue: £344,993.34Cybg (CYBG)Director name: Smith,Ian S Amount sold: 56,583 @ 186.80pValue: £105,699.87