Dairy Crest Financial Director reduces stake by 3,000

27th Aug 2013 15:37

Tom Atherton, the Financial Director of Dairy Crest Group, has sold 2,944 shares, reducing his stake in the company to 3,347. The shares were sold at the average price of 510p over a period of three days. The dairy foods company last month said overall trading in the first quarter was in line with company expectations and that targets for the full year remained unchanged.The group said sales of two of its key brands Cathedral City and Clover increased in the quarter ended June 30th 2013 compared to the quarter ended June 30th 2012 despite strong comparatives and a tough consumer environment.Sales of Country Life Spreadable were flat while Country Life block sales were significantly lower after it reduced promotion costs in the wake of recent cream price increases.Overall sales of its four key brands fell 4% from the same quarter in the previous year when it posted a 15% hike in sales from the same quarter in 2011.Top Director BuysCoca-Cola HBC AG (CDI) (CCH) Director name: Ms Susan KilsbyAmount purchased: 6,000 @ 1,795.00p Value: £107,700Berkeley Group Holdings (The) (BKG) Director name: Mr Sean Ellis Amount purchased: 2,212 @ 2,241.00p Value: £49,571Wynnstay Properties (WSP) Director name: Mr Toby ParkerAmount purchased: 5,000 @ 275.00p Value: £13,750Top Director SellsGlanbia (GLB) Director name: Mr John J. MoloneyAmount sold: 70,000 @ € 10.10 Value: € 707,287Dairy Crest Group (DCG) Director name: Mr Mark AllenAmount sold: 64,461 @ 510.00p Value: £328,751Brammer (BRAM) Director name: Mr Ian FraserAmount sold: 30,000 @ 450.00p Value: £135,000Dairy Crest Group (DCG) Director name: Mr Martyn WilksAmount sold: 21,031 @ 510.00p Value: £107,258Publishing Technology (PTO) Director name: Mr Alan MougAmount sold: 20,000 @ 328.00p Value: £65,600Dairy Crest Group (DCG) Director name: Mr Tom Atherton Amount sold: 2,944 @ 510.00p Value: £15,014NR