Brady Finance Director bins shares

16th Apr 2012 15:29

Tony Ratcliffe, Finance Director of Brady, a software provider to the commodities sector, has disposed of 416,565 shares in the company. Brady, who joined the company in 2007, sold the shares at 87p each for a total of £362,412.The sale was made just four days after the company scored a new contract with a large commodity trading house. Under the contract Brady will support the unnamed firm's base metals trading, logistics and hedging activities. Last month the company reported a 72% year-on-year rise in sales revenue to £19.2m, which it attributed to acquisitions and the buoyancy of its sector boosted earnings in 2011. During 2011 Brady signed 14 "significant" licence contracts including its first deals in Hong Kong, Singapore and North Africa. The share price has risen 6.7% over the past year, although has lost 7.89% in the past month. Top Director BuysXP Power Ltd. (DI) (XPP) Director name: Mr David Hempleman AdamsAmount purchased: 5,000 @ 1,061.49p Value: £53,074Coastal Energy Co (DI) (CEO) Director name: Mr Lloyd B SmithAmount purchased: 4,108 @ 1,106.00p Value: £45,434Scottish American Inv Company (SCAM) Director name: Mr Lord J O Kerr of KinlochardAmount purchased: 5,153 @ 229.50p Value: £11,826Sweett Group (CSG) Director name: Mr Michael HendersonAmount purchased: 50,000 @ 22.00p Value: £11,000Top Director SellsCoastal Energy Co (DI) (CEO) Director name: Mr William C. PhelpsAmount sold: 50,000 @ 1,094.62p Value: £547,310Brady (BRY) Director name: Mr Anthony James RatcliffeAmount sold: 416,565 @ 87.00p Value: £362,412Coastal Energy Co (DI) (CEO) Director name: Mr Lloyd B SmithAmount sold: 18,000 @ 1,076.35p Value: £193,743RSA Insurance Group (RSA) Director name: Mr George CulmerAmount sold: 292,761 @ 102.85p Value: £301,105RSA Insurance Group (RSA) Director name: Mr Simon P G LeeAmount sold: 208,529 @ 102.85p Value: £214,472RSA Insurance Group (RSA) Director name: Mr Adrian BrownAmount sold: 108,892 @ 102.85p Value: £111,995NR