(Sharecast News) - Ao World revealed on Thursday that chief executive John Roberts had disposed of 1m ordinary shares in the FTSE 250-listed electrical retailer.

Roberts, who sold the shares via registered charity The Jolly Foundation, offloaded the shares on Monday at an average price of 107p each, for a total value of £1.07m.

Following the transaction, Roberts holds a beneficial interest in 4.54m ordinary Ao World shares, representing approximately 0.79% of the company's issued share capital.

As of 1535 GMT, Ao World shares were down 0.54% at 110p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Staffline Group (STAF)

Director name: Spain,Thomas

Amount purchased: 138,610 @ 51.00p

Value: £70,691.10

Conygar Investment Company (CIC)

Director name: Ware,Robert T E

Amount purchased: 100,000 @ 32.00p

Value: £32,000.00

Discoverie Group (DSCV)

Director name: Gibbins ,Simon

Amount purchased: 2,601 @ 622.60p

Value: £16,193.83

Top Director Sells

Ao World (AO.)

Director name: Roberts,John

Amount sold: 1,000,000 @ 107.00p

Value: £1,070,000.05

Staffline Group (STAF)

Director name: Spain,Thomas

Amount sold: 138,610 @ 51.00p

Value: £70,691.10

Conygar Investment Company (CIC)

Director name: Ware,Robert T E

Amount sold: 100,000 @ 32.00p

Value: £32,000.00

Pebble Beach Systems Group (PEB)

Director name: Errington,Chris

Amount sold: 91,977 @ 20.00p

Value: £18,395.40