RDSA.L Share News (RDSA)

The wife of Carl-Henric Svanberg, who has been the Chairman of oil giant BP for almost four years, sold 750,495 pounds-worth of shares in the group on Friday. In an announcement issued at the start of this week, it was revealed the director's wife sold a total of 154,821 shares at 484.75p a piece, taking advantage of recent strong gains in the share price. At the end of last month, the group issued a positive quarterly update in which it announced it had raised its dividend 5.6% to 9.5 cents a share after third-quarter earnings fell less than expected. Profit adjusted for one-time items and inventory changes declined to $3.7bn from $5bn a year earlier, beating the $3.4bn forecast.The company said it will sell a further $10bn of assets by the end of 2015 and give most of the proceeds to shareholders, favouring buybacks.BP has already sold $38bn of assets to pay for the Gulf of Mexico oil spill of 2010. Net debt at the end of the quarter was $20.1bn, down from $31.3bn last year.Top Director BuysAggreko (AGK) Director name: Mr Ian MarchantAmount purchased: 3,500 @ 1,588.00p Value: £55,580Gable Holdings Inc. (GAH) Director name: Mr William DewsallAmount purchased: 90,345 @ 55.00p Value: £49,690Royal Dutch Shell 'A' (RDSA) Director name: Mr Gerrit ZalmAmount purchased: 2,000 @ 2,096.22p Value: £41,924Regenersis (RGS) Director name: Mr Rob WoodwardAmount purchased: 4,459 @ 269.52p Value: £12,018Top Director SellsBP (BP.) Director name: Mr Carl-Henric SvanbergAmount sold: 154,821 @ 484.75p Value: £750,495Allocate Software (ALL) Director name: Mr Allen Arthur Albert SwannAmount sold: 223,882 @ 112.00p Value: £250,748Griffin Mining Ltd. (GFM) Director name: Mr Roger GoodwinAmount sold: 300,000 @ 34.50p Value: £103,500NR