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Amlin non-exec increases stake

Fri, 22nd Oct 2010 16:41
Amlin independent non-executive director Sir Mark Wrightson has invested nearly ÂŁ20,000 in increasing his stake in the Lloyds' insurance firm. Sir Mark bought 5,000 shares at 395.75p each, taking his stake to 13,888 shares. He also acquired 1,000 shares 395.26p a share in his position as a trustee of a trust. This non-beneficial interest cost just short of ÂŁ4,000 more. Sir Mark is a member of the Panel on Takeovers and Mergers and he is a non-executive director of Domino Printing SciencesAmlin posted a 39% slump in pre-tax profit to ÂŁ107.6m for the six months to June 2010 following big claims for natural disasters, although it indicated its confidence going forward by upping the dividend by 11% to 7.2p a share. The devastating earthquake in Chile and hurricane Xynthia in Europe both struck during February.Top Director BuysIFG Group (IFP) Director name: Mr Peter PriestleyAmount purchased: 39,834 @ 114.35p Value: ÂŁ45,550Property Recycling Group (PROP) Director name: Mr Paul RackhamAmount purchased: 200,000 @ 12.00p Value: ÂŁ24,000Amlin (AML) Director name: Sir Mark WrightsonAmount purchased: 5,000 @ 395.75p Value: ÂŁ19,788Home Retail Group (HOME) Director name: Mr Oliver StockenAmount purchased: 5,741 @ 215.88p Value: ÂŁ12,394Top Director SellsHome Retail Group (HOME) Director name: Mr Terry DuddyAmount sold: 129,911 @ 212.91p Value: ÂŁ276,594Home Retail Group (HOME) Director name: Mr Richard AshtonAmount sold: 41,538 @ 212.91p Value: ÂŁ88,439

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