KCOM Share News (KCOM)

Kevin Walsh, the Executive Director at telecoms and internet communications provider KCOM has reduced his holding in the FTSE 250 group by a million shares.The company announced on Tuesday that the sale was made on August 2nd, a week after a short trading update from the firm which said that trading continued to be in line with expectations in the fiscal first quarter.Walsh, who joined KCOM back in 2000 and the board then in 2004, sold 500,000 shares at a price of 83.65p a share, while his wife Valerie also offloaded the same amount at an identical price. The sale of the 0.19% stake was valued at a combined £836,500.On Monday, the company also announced that Chief Financial Officer Paul Simpson and his wife had disposed a total of 930,000 shares (0.18% stake) on August 2nd as well at the same price for combined £777,945. Later on Tuesday, KCOM announced that both directors' holdings had increased slightly after being awarded dividend shares under the company's share incentive plan. Simpson was allocated 1,579 dividend shares, taking his total holding to 517,533 (0.10% stake), while Walsh was allocated 1,129 dividend shares, increasing his stake to 606,319 (0.117%).Top Director BuysCOLT Group SA (COLT) Director name: Mr Andreas BarthAmount purchased: 50,000 @ 104.39p Value: £52,195F&C Asset Management (FCAM) Director name: Mr Edward BramsonAmount purchased: 20,000 @ 102.08p Value: £20,416Top Director SellsKCOM Group (KCOM) Director name: Mr Kevin WalshAmount sold: 1,000,000 @ 83.65p Value: £836,500BC