Pru director pockets £700,000

Prudential executive director Michael McLintock has trousered nearly £700,000 from the sale of shares in the insurance giant. He sold 120,000 shares at 577p a time, but still has nearly 800,000.McLintock has been an executive director at the Pru since 2000. He is chief executive of M&G, an investment manager Prudential acquired in 1999.Shares in Prudential have fared badly in the recent downturn, having sat above 700p before August.In August, Prudential reported that first half profits jumped by a quarter to top expectations, driven by strong growth in Asia. Operating profit, on an International Financial Reporting Standards (IFRS) basis, rose 25% from £0.85bn to £1.06bn, ahead of expectations of £0.96bn. IFRS basic earnings per share increased 27% from 25.4p to 32.2p. "For the first time, both our IFRS operating profit and our [European Embedded Value] new business profit have exceeded £1bn for the first six months of the year," said chief executive Tidjane Thiam. Top Director BuysLondon Mining (LOND) Director name: Mr Luciano Ramos Amount purchased: 50,000 @ 383.00p Value: £191,500London Mining (LOND) Director name: Mr Luciano Ramos Amount purchased: 50,000 @ 383.00p Value: £191,500Worthington Group (WRN) Director name: Mr Peter TownsendAmount purchased: 785,000 @ 12.00p Value: £94,200Brammer (BRAM) Director name: Mr W H WhiteleyAmount purchased: 10,700 @ 275.00p Value: £29,425NewRiver Retail Ltd. (Reg S) (NRR) Director name: Mr David LockhartAmount purchased: 10,000 @ 240.00p Value: £24,000Cape (CIU) Director name: Mr Tim J C Eggar Amount purchased: 2,589 @ 482.80p Value: £12,500Top Director SellsPrudential (PRU) Director name: Mr Michael McLintockAmount sold: 120,000 @ 577.00p Value: £692,400---RG