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Low & Bonar CEO and Finance Director trade in shares from LTIP

Thu, 11th Apr 2013 16:13

Steve Good, the Group Chief Executive of materials group Low & Bonar, has sold a significant portion of the 1.4m shares that recently vested under the company's long-term incentive plan.Of these, he sold 908,676, taking his total stake in the company to 919,098. Mike Holt, the group's Finance Director since November 2010, sold 711,756 of the 980,000 shares he was awarded under the same plan. All shares were traded in at 70.5p each. In a brief trading statement issued Tuesday, the group said its Flooring, Industrial, Transport and Artificial Grass Yarns sectors have started the year well, but warned demand for its Civil Engineering products has been slower, primarily as a result of the harsh weather conditions across Europe. That said, it now expects the division to return to more normal levels of activity during the second quarter. The company is on track to make progress throughout the year, it added. Top Director BuysMulberry Group (MUL) Director name: Ms Melissa Cheng Sim OngAmount purchased: 10,000 @ 954.00p Value: £95,400PureCircle Ltd. (DI) (PURE) Director name: Mr John SlosarAmount purchased: 20,000 @ 256.00p Value: £51,200AZ Electronic Materials SA (DI) (AZEM) Director name: Philana PoonAmount purchased: 15,000 @ 270.89p Value: £40,634Top Director SellsLegal & General Group (LGEN) Director name: Dr Nigel WilsonAmount sold: 561,434 @ 167.43p Value: £940,009Travis Perkins (TPK) Director name: Mr John CarterAmount sold: 63,974 @ 1,399.20p Value: £895,124Abcam (ABC) Director name: Mr David WarwickAmount sold: 191,600 @ 426.00p Value: £816,216Goals Soccer Centres (GOAL) Director name: Mr Bill GowAmount sold: 570,825 @ 137.00p Value: £782,030Goals Soccer Centres (GOAL) Director name: Mr Keith RogersAmount sold: 570,825 @ 137.00p Value: £782,030Legal & General Group (LGEN) Director name: Mr John PollockAmount sold: 448,196 @ 167.43p Value: £750,415Low & Bonar (LWB) Director name: Mr Steve Good Amount sold: 908,676 @ 70.50p Value: £640,617Legal & General Group (LGEN) Director name: Mr Mark GregoryAmount sold: 375,516 @ 167.43p Value: £628,726Abcam (ABC) Director name: Mr Jeffrey IliffeAmount sold: 112,555 @ 426.00p Value: £479,484Intu Properties (INTU) Director name: Mr David FischelAmount sold: 74,629 @ 327.00p Value: £244,037NR
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