Carpetright Chairman sells 150,000 shares

15th Mar 2013 16:22

Carpetright, the flooring retail specialist, has announced that Lord Harris of Peckham, the group's Chairman, has sold 150,000 shares in the company. The shares were sold at 650p each, for a total of £975,000 before tax. Following the transaction Harris owns around 12.4m shares, equal to 18.32% of the issued share captial. At the end of January Carpetright said store refurbishments and an expansion to its laminate floor and bed ranges helped drive domestic sales in the third quarter. Like-for-like (LFL) sales in the UK increased by 3.2% and total sales in the UK increased by 1.6%. LFL sales in the Netherlands, Belgium and the Republic of Ireland, fell by 11.5%. Total sales declined by 11.2%. Carpetright said the solid performance in Belgium and the Republic of Ireland was offset by continued weakness in the Netherlands. Top Director BuysTravis Perkins (TPK) Director name: Mr Geoff CooperAmount purchased: 13,380 @ 1,331.10p Value: £178,101Travis Perkins (TPK) Director name: Mr John P CarterAmount purchased: 10,257 @ 1,331.10p Value: £136,531Brammer (BRAM) Director name: Mr Ian FraserAmount purchased: 10,000 @ 376.75p Value: £37,675F&C Asset Management (FCAM) Director name: Mr Edward BramsonAmount purchased: 30,000 @ 107.59p Value: £32,277Target Healthcare Reit Ltd (THRL) Director name: Mr Thomas J Hutchison IIIAmount purchased: 29,998 @ 100.00p Value: £29,998Gable Holdings Inc. (GAH) Director name: Mr William DewsallAmount purchased: 51,000 @ 49.25p Value: £25,118Enteq Upstream (NTQ) Director name: Mr Ian LeamanAmount purchased: 25,743 @ 66.65p Value: £17,158Target Healthcare Reit Ltd (THRL) Director name: Mr Robert Malcolm NaishAmount purchased: 15,000 @ 100.00p Value: £15,000Target Healthcare Reit Ltd (THRL) Director name: Mr Gordon CoullAmount purchased: 11,000 @ 100.00p Value: £11,000Top Director SellsCarpetright (CPR) Director name: Mr Martin HarrisAmount sold: 150,000 @ 650.00p Value: £975,000Carpetright (CPR) Director name: Lord Philip Harris of PeckhamAmount sold: 150,000 @ 650.00p Value: £975,000Interserve (IRV) Director name: Mr Steven DanceAmount sold: 50,000 @ 492.74p Value: £246,370Communisis (CMS) Director name: Mr Michael Graham FirthAmount sold: 20,000 @ 51.85p Value: £10,370