Dunelm Finance Director trades in shares from LTIP

Dunelm Group's Finance Director, David Stead, has traded in 43,460 of the 85,215 shares he received after exercising options under the company's long-term incentive plan at no cost. Stead, who joined the homeware chain in 2003, traded in the shares at 679.40p, earning £295,267, which he used to fund the tax and national insurance liability on the options. He then transferred 41,755 ordinary shares to his wife, Jane Stead, at no cost. He is now beneficially interested in 667,181 shares, equal to 0.33% of the issued share capital. The sale was made just a few days after the company announced that it intends to return around £65.8m of capital to shareholders, equivalent to 32.5p per ordinary share, by issuing two types of shares to shareholders, on a one-for-one basis. This will enable the return of capital to be done in such a way so as to satisfy shareholders who want income and those who want capital. Top Director BuysGenel Energy (GENL) Director name: Mr Rodney F ChaseAmount purchased: 160,000 @ 792.80p Value: £1,268,480PureCircle Ltd. (DI) (PURE) Director name: Mr Tan Boon SengAmount purchased: 200,000 @ 242.00p Value: £484,000North Atlantic Smaller Companies Inv Trust (NAS) Director name: Mr Christopher H B MillsAmount purchased: 14,525 @ 1,110.00p Value: £161,228New Britain Palm Oil Ltd. (DI) (NBPO) Director name: Mr Tan Sri Dato Seri Arshad AyubAmount purchased: 10,000 @ 585.00p Value: £58,500Allocate Software (ALL) Director name: Mr Chris GaleAmount purchased: 13,000 @ 77.50p Value: £10,075Top Director SellsDunelm Group (DNLM) Director name: Mr David SteadAmount sold: 43,460 @ 679.40p Value: £295,267Ithaca Energy Inc. (DI) (IAE) Director name: Mr Iain McKendrickAmount sold: 142,800 @ 122.00p Value: £174,216Travis Perkins (TPK) Director name: Mr Paul N Hampden SmithAmount sold: 15,000 @ 1,108.40p Value: £166,260Travis Perkins (TPK) Director name: Mr Paul N Hampden SmithAmount sold: 10,000 @ 1,113.00p Value: £111,300Travis Perkins (TPK) Director name: Mr Paul N Hampden SmithAmount sold: 5,000 @ 1,110.00p Value: £55,500Travis Perkins (TPK) Director name: Mr Paul N Hampden SmithAmount sold: 2,500 @ 1,110.27p Value: £27,757Travis Perkins (TPK) Director name: Mr Paul N Hampden SmithAmount sold: 1,300 @ 1,111.00p Value: £14,443