Brooks Macdonald execs sell

23rd Sep 2009 15:42

The chief executive and two directors of Brooks Macdonald have sold a total of 80,000 shares in the asset management and financial advisory group, a week after it reported better-than-expected full-year results.Founding director Richard Spencer sold 30,000 shares at 385.60p, netting £115,680, while chief executive Christopher MacDonald and director Jonathan Gumpel pocketed £96,400 each, selling 25,000 shares at the same price.Last week, the firm posted a 30% rise in full-year revenues and a 57% jump in pre-tax profits.Top Director BuysPetro Matad (MATD) Director name: Dr John Campbell RobertsonAmount purchased: 150,000 @ 14.00p Value: £21,000West Pioneer Properties (DI) (WPR) Director name: Mr Hugh SandemanAmount purchased: 50,000 @ 35.40p Value: £17,700Petro Matad (MATD) Director name: Mr Clyde Robert EvansAmount purchased: 107,376 @ 14.00p Value: £15,033ProStrakan (PSK) Director name: Mr Allan WatsonAmount purchased: 10,000 @ 123.20p Value: £12,320Top Director SellsDerwent London (DLN) Director name: Mr Christopher James OdomAmount sold: 41,500 @ 1,315.90p Value: £546,099Signet Jewelers (SIG) Director name: Mr Walker G BoydAmount sold: 21,806 @ 1,602.60p Value: £349,463Brooks Macdonald (BRK) Director name: Mr Richard SpencerAmount sold: 30,000 @ 385.60p Value: £115,680Brooks Macdonald (BRK) Director name: Mr Christopher MacDonaldAmount sold: 25,000 @ 385.60p Value: £96,400Brooks Macdonald (BRK) Director name: Mr Jonathan GumpelAmount sold: 25,000 @ 385.60p Value: £96,400