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RTC Non-Exec reduces stake to meet market demand

Mon, 24th Mar 2014 16:21

John White, a Non-Executive Director of RTC Group, a recruitment and conference services provider, reduced his sizeable stake in the group with the sale of another 125,000 shares on the back of market demand.White, who joined the board in 2011, sold the shares at 28.50p, spending a total of £35,625. His stake in the group dropped to just under 2.14m, equal to 15.8% of the total issued share capital. The deal comes after the group last week posted a 14% jump in full-year revenue, and a 55% leap in pre-tax profit to £0.74m. Basic earnings per share, however, fell from 4.26p to 3.79p year-on-year, which was due to a tax charge of £0.22m. Top Director BuysMoneySwap (SWAP) Director name: Mr Kung-Min Lin Amount purchased: 5,004,448 @ 1.35p Value: £67,560Menzies(John) (MNZS) Director name: Mr Craig SmythAmount purchased: 3,914 @ 646.50p Value: £25,304Fisher (James) & Sons (FSJ) Director name: Mr Charles J RiceAmount purchased: 1,281 @ 1,530.00p Value: £19,599Menzies(John) (MNZS) Director name: Mr Craig SmythAmount purchased: 2,517 @ 646.50p Value: £16,272MoneySwap (SWAP) Director name: Mr Craig Niven Amount purchased: 1,112,189 @ 1.35p Value: £15,015MoneySwap (SWAP) Director name: Mrs Saihua (Emma) XuAmount purchased: 1,112,100 @ 1.35p Value: £15,013MoneySwap (SWAP) Director name: Mr Javier A F de ÁvilaAmount purchased: 1,112,100 @ 1.35p Value: £15,013MoneySwap (SWAP) Director name: Mr Richard V. ProksaAmount purchased: 1,112,100 @ 1.35p Value: £15,013Wincanton (WIN) Director name: Mr Martin SawkinsAmount purchased: 9,532 @ 119.90p Value: £11,429Top Director SellsCarnival (CCL) Director name: Mr Micky ArisonAmount sold: 30,619 @ 2,425.37p Value: £742,624Menzies(John) (MNZS) Director name: Mr Craig SmythAmount sold: 35,838 @ 636.47p Value: £228,098RTC Group (RTC) Director name: Mr John WhiteAmount sold: 125,000 @ 28.50p Value: £35,625Gooch & Housego (GHH) Director name: Mr Terence ScribbinsAmount sold: 4,182 @ 675.00p Value: £28,228NR

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