ITE Group Share News (ITE)

ITE Group's chief executive officer, Russell Taylor, decided to sell part of his stake in the company to purchase a house, raising £755,000.Taylor, who joined the exhibitions and conferences organiser company in 2003, sold 500,000 shares at 151p each. He now holds a total of 1.5m shares.The move came on the same day that the group announced its full year preliminary results, which it said were "heavily" affected by the political turmoil and civil war in Ukraine.The chief executive said currency headwinds and difficult trading conditions in Russia, which dragged its revenues and profits lower."ITE remains sensitive to the economic climate in Russia, but has increasingly good growth prospects in its other markets," he wrote.Top Director BuysFinsbury Food Group (FIF) Director name: Mr Peter Baker Amount purchased: 46,000 @ 65.00p Value: £29,900Spirax-Sarco Engineering (SPX) Director name: Mr James Whalen Amount purchased: 858 @ 2,928.00p Value: £25,122Miton Group (MGR) Director name: Lord William Wade of ChorltonAmount purchased: 110,000 @ 21.00p Value: £23,100Bushveld Minerals Limited (BMN) Director name: Mr Fortune MojapeloAmount purchased: 500,000 @ 2.86p Value: £14,300Cairn Energy (CNE) Director name: Mr Jackie SheppardAmount purchased: 7,000 @ 161.86p Value: £11,330Top Director SellsITE Group (ITE) Director name: Mr Russell TaylorAmount sold: 500,000 @ 151.00p Value: £755,000