Director dealings: Asos co-founder lowers stake

17th Apr 2019 16:13

(Sharecast News) - Asos co-founder Nick Robertson disposed of 410,000 ordinary shares in the AIM-listed online retailer on Wednesday as part of an effort to fund his £70m divorce settlement.Robertson, who stepped down as chief executive of ASOS in 2015, sold the shares at an average price of 3,722.50p each, for a total value of £15.26m.The former CEO was ordered to dole out roughly a third of his £220m fortune to ex-wife Janine following a public trial back in 2016.Following the transaction, Robertson holds 4.63m ordinary shares in Asos, representing 5.53% of the company's issued share capital.As of 1625 BST, Asos shares had picked up 3.24% to 3,883p.Top Director BuysCrest Nicholson Holdings (CRST)Director name: Mr Peter TruscottAmount purchased: 60,000 @ 396.00pValue: £237,600 Crest Nicholson Holdings (CRST)Director name: Mr Peter TruscottAmount purchased: 60,000 @ 396.00pValue: £237,600 Fireangel Safety Technology Group (FA.)Director name: Mr Nicholas (Nick) Alexander RutterAmount purchased: 800,000 @ 20.00pValue: £160,000 Beazley (BEZ)Director name: Mr John ReizensteinAmount purchased: 10,000 @ 558.62pValue: £55,862 Hipgnosis Songs Fund Limited NPV (SONG)Director name: Mr Simon HoldenAmount purchased: 20,000 @ 102.00pValue: £20,400 Fireangel Safety Technology Group (FA.)Director name: Mr Graham Reginald Alexander WhitworthAmount purchased: 78,461 @ 20.00pValue: £15,692 Fireangel Safety Technology Group (FA.)Director name: Mr William James Benedict PayneAmount purchased: 65,384 @ 20.00pValue: £13,077 Hipgnosis Songs Fund Limited NPV (SONG)Director name: Mr Andrew WilkinsonAmount purchased: 10,000 @ 102.00pValue: £10,200 Top Director SellsASOS (ASC)Director name: Mr Nicholas RobertsonAmount sold: 410,000 @ 3,722.50pValue: £15,262,250 Gamma Communications (GAMA)Director name: Mr Andrew Jonathan StoneAmount sold: 200,000 @ 1,095.00pValue: £2,190,000 Rathbone Brothers (RAT)Director name: Mr Andrew ButcherAmount sold: 1,670 @ 2,395.00pValue: £39,996 Computacenter (CCC)Director name: Mr Raymond GrayAmount sold: 1,529 @ 1,060.00pValue: £16,207