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Wife of outgoing FD sells British Land shares

Mon, 14th Mar 2011 17:19

Diane Roberts, the wife of British Land finance director Graham Roberts, has raised more than £1m by selling more than three-quarters of the couple's stake in the property investor. She sold 191,780 shares at 562.8p each, which raised £1.08m. The couple are left with 50,464 shares in British Land. Roberts has been finance director for nine years after joining from Arthur Andersen. Lucinda Bell, who is Roberts' deputy, will become finance director from 24 May and Roberts will leave the board at the end of June. Bell has worked for British Land for 20 years and she was on the working party that developed the REIT structure. Top Director Buys Ruukki Group (DI) (RKKI) Director name: Mr Chris PointonAmount purchased: 40,000 @ 154.50p Value: £61,800CPP Group (CPP) Director name: Mr Charles Henry GregsonAmount purchased: 16,000 @ 305.00p Value: £48,800Cobham (COB) Director name: Mr Warren G TuckerAmount purchased: 14,404 @ 228.99p Value: £32,984Cobham (COB) Director name: Mr Andrew StevensAmount purchased: 10,559 @ 228.99p Value: £24,179Aberforth Geared Income Trust (AGIT) Director name: Mr Graham R MenziesAmount purchased: 20,000 @ 107.50p Value: £21,500Cupid (CUP) Director name: Mr George Reginald ElliottAmount purchased: 11,000 @ 128.00p Value: £14,080e-Therapeutics (ETX) Director name: Mr Steve SelfAmount purchased: 26,677 @ 37.50p Value: £10,004Top Director Sells British Land Co (BLND) Director name: Mr Graham C RobertsAmount sold: 191,780 @ 562.80p Value: £1,079,338Rio Tinto (RIO) Director name: Mr Guy R ElliottAmount sold: 7,097 @ 3,953.30p Value: £280,566DS Smith (SMDS) Director name: Mr Stephen William DrydenAmount sold: 38,161 @ 204.50p Value: £78,039Travis Perkins (TPK) Director name: Mr John P CarterAmount sold: 7,743 @ 985.50p Value: £76,307Travis Perkins (TPK) Director name: Mr Andrew PikeAmount sold: 3,335 @ 985.50p Value: £32,866
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