WPC.L Share News (WPC)

Jon Kamaluddin, the international director of AIM-quoted online fashion retailer ASOS, has secured a near-£2.8m gain by exercising options and selling the shares immediately. Kamaluddin exercised options over 80,000 shares at 43.5p a share and 96,995 shares at 58.25p a share. That is a total cost of £91,300. All of the 176,995 shares were then sold at 1610.83p each. That raised £2.85m so the gain was £2.76m Kamaluddin owns 74,348 shares, worth more than £1.1m. He also has a further 167,408 share options. ASOS shares are highly rated and the share price has been held up by buying by Danish fashion retailer Bestseller. It has built up a 18.27% stake in less than one year. Bestseller is owned by the Holch Povlsen family and its brands include Vero Moda, Jack&Jones and Villa.A trading statement earlier this week said that there was a 156% improvement in overseas revenues to £43.7m in the three months to the end of December 2010. UK growth was slower but the overall improvement in revenues was 59% to £100m.Top Director Buys ARC Capital Holdings Ltd. (ARCH) Director name: Mr Christopher M GradelAmount purchased: 247,000 @ $1.25 Value: $307,515Phaunos Timber Fund Ltd. (PTF) Director name: Sir Henry Studholme Amount purchased: 75,000 @ $0.79 Value: $58,875Witan Pacific Inv Trust (WPC) Director name: Mrs Seymour Williams Amount purchased: 15,000 @ 216.00p Value: £32,400Rolls-Royce Group (RR.) Director name: Mr James M GuyetteAmount purchased: 3,116 @ 661.12p Value: £20,600Personal Group Holdings (PGH) Director name: Mr Ken W RooneyAmount purchased: 4,425 @ 289.00p Value: £12,788Top Director Sells ASOS (ASC) Director name: Mr Jonathan Damian KamaluddinAmount sold: 176,995 @ 1,610.83p Value: £2,851,089Abbey Protection (ABB) Director name: Mr Adrian GreenAmount sold: 363,636 @ 77.00p Value: £280,000Mulberry Group (MUL) Director name: Mr Roger T MatherAmount sold: 3,850 @ 1,300.00p Value: £50,050Pacific Alliance Asia Opportunity Fund Ltd. (PAX) Director name: Mr Anthony M MillerAmount sold: 34,945 @ $2.13 Value: $74,370