(ShareCast News) - Illustrated book publisher Quarto's been informed that co-founder Bob Morley, currently a non-executive director, sold 1m shares at 246p per share and announced he was stepping down as non-executive director with immediate effect.Following Morley's sale he retains an interest in 380,624 ordinary shares, or 1.9%, which he confirmed to the board he intended to retain as an investment.Morley has been with the business for 40 years his departure follows a period of strategic change since 2012.Chief executive Marcus Leaver said: "As a founder, and with his creative leadership, Bob has made a significant contribution to the Group. Throughout the company's history, there are few businesses in the Group that Bob has not inspired in some way or Quarto people he has not been happy to help, coach or mentor. On behalf of everyone at Quarto, I wish Bob, Jenny and their family all the best for the future." Top Director BuysMorrison (wm) Supermarkets (MRW)Director name: Potts,David TAmount purchased: 180,000 @ 201.62pValue: £362,916.01Newriver Retail Limited (NRR)Director name: Miller,AAmount purchased: 30,000 @ 330.00pValue: £99,000.00Interserve (IRV)Director name: Ringrose,Adrian MAmount purchased: 13,879 @ 457.60pValue: £63,510.31Severn Trent (SVT)Director name: FitzGerald,EmmaAmount purchased: 2,260 @ 2,190.00pValue: £49,494.00Somero Enterprises Inc. (di) (SOM)Director name: Scheuer ,Robert Amount purchased: 22,500 @ 151.00pValue: £33,975.00Interserve (IRV)Director name: Haywood,TimAmount purchased: 7,203 @ 457.60pValue: £32,960.93Murray Income Trust (MUT)Director name: Balfour ,Michael Amount purchased: 5,000 @ 653.25pValue: £32,662.50Murray Income Trust (MUT)Director name: Balfour ,Michael Amount purchased: 5,000 @ 650.25pValue: £32,512.50Severn Trent (SVT)Director name: Garfield ,Olivia (Liv)Amount purchased: 1,184 @ 2,182.69pValue: £25,843.05Severn Trent (SVT)Director name: Garfield ,Olivia (Liv)Amount purchased: 1,102 @ 2,184.00pValue: £24,067.68Interserve (IRV)Director name: Melizan,BruceAmount purchased: 4,712 @ 457.60pValue: £21,562.11Interserve (IRV)Director name: Sutherland,DougieAmount purchased: 4,157 @ 457.60pValue: £19,022.43Interserve (IRV)Director name: Dance,StevenAmount purchased: 4,157 @ 457.60pValue: £19,022.43600 Group (SIXH)Director name: Dupee ,Paul Amount purchased: 200,000 @ 8.50pValue: £17,000.00600 Group (SIXH)Director name: Zissman,Derek Amount purchased: 100,000 @ 8.63pValue: £8,625.00Learning Technologies Group (LTG)Director name: Hill,Harry DAmount purchased: 20,000 @ 37.50pValue: £7,500.00Dods (group) (DODS)Director name: Jones,Cheryl CAmount purchased: 50,000 @ 13.00pValue: £6,500.00Dods (group) (DODS)Director name: Jones,Cheryl CAmount purchased: 50,000 @ 11.75pValue: £5,875.00Severn Trent (SVT)Director name: Strank,Dr AngelaAmount purchased: 224 @ 2,181.00pValue: £4,885.44Frenkel Topping Group (FEN)Director name: Granite,JasonAmount purchased: 227,272 @ n/aValue: n/aUpland Resources Limited (di) (UPL)Director name: Zakaria,NorzaAmount purchased: 18,000,000 @ n/aValue: n/aTop Director SellsQuarto Group Inc. (QRT)Director name: Morley,R JAmount purchased: 1,022,228 @ 246.00pValue: £2,514,680.92Itv (ITV)Director name: Crozier,AdamAmount purchased: 814,713 @ 240.90pValue: £1,962,643.55Itv (ITV)Director name: Griffiths,IanAmount purchased: 432,803 @ 240.90pValue: £1,042,622.39Frenkel Topping Group (FEN)Director name: Fraser,RichardAmount purchased: 454,544 @ 55.00pValue: £249,999.21Newriver Retail Limited (NRR)Director name: Davies,MarkAmount purchased: 26,504 @ 329.00pValue: £87,198.16Euromoney Institutional Investor (ERM)Director name: Osborn,Neil FrankAmount purchased: 2,000 @ 941.50pValue: £18,830.00Henderson Group (HGG)Director name: Thompson ,Roger Amount purchased: 6,939 @ 254.20pValue: £17,638.94Henderson Group (HGG)Director name: Thompson ,Roger Amount purchased: 5,883 @ 253.75pValue: £14,928.11