Director dealings: BCA chief Palmer-Baunack pockets £11m

24th Sep 2018 13:22

(Sharecast News) - BCA Marketplace chief executive Avril Palmer-Baunack has sold £10.7m worth of shares in the webuyanycar.com owner. Palmer-Baunack, who received criticism earlier this month for receiving a £29m bonus, sold 5.025m shares to institutional funds at an average price of 212.51p per share.The FTSE 250-listed company was told by Palmer-Baunack that she has no current intention to sell any further shares and is "fully committed to her future leadership and the future of BCA Marketplace".Following the sale, Palmer-Baunack holds 8.85m shares in the company, representing approximately 1.11 % of the total shares.Earlier this month BCA the current financial year had "started strongly", in line with forecasts, though ahead of the company's AGM shareholder advisory group Glass Lewis declared that the bonus was "exceptionally disproportionate" at 59 times her salary.Top Director Buys (ZEN)Director name: Cattaneo,AndreaAmount purchased: 2,000,000 @ 3.38pValue: £67,600.00 (ZEN)Director name: Cattaneo,AndreaAmount purchased: 1,000,000 @ 3.38pValue: £33,800.00Flowtech Fluidpower (FLO)Director name: Rigens ,Nigel JohnAmount purchased: 23,500 @ 128.50pValue: £30,197.50Imi (IMI)Director name: Jackson,KatieAmount purchased: 2,618 @ 1,114.00pValue: £29,164.52 (ZEN)Director name: Cattaneo,AndreaAmount purchased: 300,000 @ 3.48pValue: £10,440.00 (ZEN)Director name: Cattaneo,AndreaAmount purchased: 90,000 @ 3.38pValue: £3,042.00 (ZEN)Director name: Cattaneo,AndreaAmount purchased: 50,000 @ 3.42pValue: £1,710.00Homeserve (HSV)Director name: Rusin,TomAmount purchased: 16 @ 1,039.00pValue: £166.24Summit Germany Limited (SMTG)Director name: Hyman,Harry AbrahamAmount purchased: 127 @ 107.95pValue: £148.93Homeserve (HSV)Director name: Harpin,RichardAmount purchased: 14 @ 1,039.00pValue: £145.46Homeserve (HSV)Director name: Bower,DavidAmount purchased: 14 @ 1,039.00pValue: £145.46Homeserve (HSV)Director name: Ford,JohnathanAmount purchased: 14 @ 1,039.00pValue: £145.46Top Director SellsM&c Saatchi (SAA)Director name: Hewitt,Jamie Amount sold: 54,451 @ 375.00pValue: £204,191.25BCA Marketplace (BCA)Director name: Palmer-Baunack, AvrilAmount sold: 5,025,000 @ 212.51pValue: £10,678,627.5