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Learning Technologies Group sells shares to pay for house renovations

Wed, 30th Sep 2015 15:30

(ShareCast News) - There have been a few director dealings for Learning Technologies Group on Tuesday.The company revealed on Wednesday that chief executive Jonathan Satchell cashed up 3.175m shares for a total of £730,250 to pay for a "personal property renovation". However it's only a fraction of his stake in the company, still holding nearly 27% of shares after the sale.Deputy chairman Harry Hill acquired 165,000 shares for a total value of £38,577, while chief operating officer Dale Solomon exercised 240,000 of his nearly two million options and promptly sold them for £55,200.The Ice Blue Directors Pension Scheme also picked up another small stake in LXB Retail Properties. The scheme, of which company director John Irvine is a trustee and beneficiary, now hold 3,777,569 shares in the company - a 2.06% interest that's slowly rising.Top Director BuysLXB Retail Properties (LXB)Director name: Mr John Alastair IrvineAmount purchased: 1,022,530 @ 86.00pValue: £879,376 BP (BP.)Director name: Mr Brian GilvaryAmount purchased: 60,000 @ 328.65pValue: £197,190 Learning Technologies Group (LTG)Director name: Mr Harry D HillAmount purchased: 165,000 @ 23.38pValue: £38,577 Satellite Solutions Worldwide Group (SAT)Director name: Mr Michael TobinAmount purchased: 580,000 @ 4.20pValue: £24,360 Satellite Solutions Worldwide Group (SAT)Director name: Mr Paul HowardAmount purchased: 500,000 @ 4.25pValue: £21,250 Diploma (DPLM)Director name: Mrs Anne ThorburnAmount purchased: 3,000 @ 657.00pValue: £19,710 Volex (VLX)Director name: Mr Daren MorrisAmount purchased: 20,000 @ 71.40pValue: £14,280 Top Director SellsLearning Technologies Group (LTG)Director name: Mr Jonathan SatchellAmount sold: 3,175,000 @ 23.00pValue: £730,250 Mandarin Oriental International (Singapore) (MDO)Director name: Mr Michael HobsonAmount sold: 79,900 @ $1.52Value: $121,816 Learning Technologies Group (LTG)Director name: Mr Dale SolomonAmount sold: 240,000 @ 23.00pValue: £55,200
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