Director dealings: Next board member sells out

9th Aug 2018 19:53

(Sharecast News) - Next's group new merchandise and operations director and executive board member, Richard Papp, sold a big bundle of shares in the fashion retailer on Thursday.After the close of markets in London, the company notified that Papp had sold 27,000 shares at 5,713.17p apiece, for a total transaction amount of £1,542,555.86.He was joined by his spouse Rebecca, who let go of another 1,100 shares at 5,713.17p each, pocketing £62,844.87 in the process.Mr. Papp took up his post on 14 May, when he replaced Michael Law, who had discharged those same responsibilities since 2010.Their sales came just one week after the fashion retailer posted its second quarter numbers, reporting that online and overseas sales had offset a persistent decline at its stores.For the 26 weeks to 28 July, full price sales rose 4.5% with online sales growing 15.5% and retail sales down 5.3%.Stock in Next closed the Thursday session higher by 1.16% at 5,744.0p.Top Director BuysRainbow Rare Earths Limited Npv (RBW)Director name: Pouroulis,AdonisAmount purchased: 2,496,917 @ 12.00pValue: £299,630.03Spire Healthcare Group (SPI)Director name: Ash,Justin Amount purchased: 125,000 @ 159.99pValue: £199,987.50Spirax-sarco Engineering (SPX)Director name: Pike,JamieAmount purchased: 2,856 @ 7,001.98pValue: £199,976.63Spire Healthcare Group (SPI)Director name: Watts,GarryAmount purchased: 100,000 @ 160.00pValue: £159,996.00Tt Electronics (TTG)Director name: Carson,Neil A PAmount purchased: 40,000 @ 258.00pValue: £103,200.00Ferrexpo (FXPO)Director name: Lockett,SimonAmount purchased: 50,000 @ 170.55pValue: £85,275.00Hsbc Holdings (HSBA)Director name: (Jack) Tai,JacksonAmount purchased: 9,025 @ $9.41Value: $67,651.59Tp Icap (TCAP)Director name: Heaney,Michael C Amount purchased: 20,000 @ 293.14pValue: £58,628.80Keller Group (KLR)Director name: Raju ,Venu Amount purchased: 5,000 @ 1,054.00pValue: £52,700.00Ibstock (IBST)Director name: Eperjesi,LouisAmount purchased: 20,000 @ 246.51pValue: £49,302.00Proteome Sciences (PRM)Director name: Diggle ,Martin Amount purchased: 1,400,000 @ 3.50pValue: £49,000.00Dialight (DIA)Director name: Good ,Steve Amount purchased: 7,500 @ 560.00pValue: £42,000.00Devro (DVO)Director name: Helbing,RutgerAmount purchased: 15,000 @ 197.70pValue: £29,655.00F&c Managed Portfolio Trust Growth Shares (FMPG)Director name: Inglis,SusanAmount purchased: 12,000 @ 214.72pValue: £25,766.40Ibstock (IBST)Director name: Graham ,Tracey Amount purchased: 10,000 @ 246.74pValue: £24,674.00Devro (DVO)Director name: Callaway,Jackie Amount purchased: 10,000 @ 197.70pValue: £19,770.00Hill & Smith Holdings (HILS)Director name: Giddins,AlanAmount purchased: 1,745 @ 1,127.00pValue: £19,666.15Spire Healthcare Group (SPI)Director name: Bamford,Peter RAmount purchased: 10,000 @ 160.92pValue: £16,092.00Infrastrata (INFA)Director name: Wood,JohnAmount purchased: 2,031,779 @ 0.59pValue: £11,987.50The Fulham Shore (FUL)Director name: Page,David MAmount purchased: 84,789 @ 11.70pValue: £9,920.31Nexus Infrastructure (NEXS)Director name: Wiseman,Alexander Amount purchased: 5,000 @ 198.35pValue: £9,917.50Hsbc Holdings (HSBA)Director name: (Jack) Tai,JacksonAmount purchased: 1,080 @ $9.41Value: $8,095.70E-therapeutics (ETX)Director name: Medlicott,SteveAmount purchased: 100,000 @ 7.00pValue: £7,000.00F&c Managed Portfolio Trust Income Shares (FMPI)Director name: Inglis,SusanAmount purchased: 3,000 @ 136.79pValue: £4,103.85Infrastrata (INFA)Director name: Wood,JohnAmount purchased: 689,352 @ 0.59pValue: £4,060.28Foreign And Colonial Inv Trust (FRCL)Director name: Bone,RogerAmount purchased: 134 @ 741.27pValue: £993.30Foreign And Colonial Inv Trust (FRCL)Director name: Hewitt,JeffreyAmount purchased: 68 @ 741.27pValue: £504.06Mj Gleeson (GLE)Director name: Allanson ,Stefan Amount purchased: 27 @ 750.00pValue: £202.50Mj Gleeson (GLE)Director name: Harrison,JolyonAmount purchased: 27 @ 750.00pValue: £202.50Nexus Infrastructure (NEXS)Director name: Martin,AlanAmount purchased: 100 @ 199.00pValue: £199.00Prudential (PRU)Director name: Foley,John W.Amount purchased: 10 @ 1,810.00pValue: £181.00Prudential (PRU)Director name: Wells,Mike Amount purchased: 10 @ 1,810.00pValue: £181.00Prudential (PRU)Director name: Turner,JamesAmount purchased: 10 @ 1,810.00pValue: £181.00Prudential (PRU)Director name: FitzPatrick,Mark Amount purchased: 10 @ 1,810.00pValue: £181.00Capita (CPI)Director name: Lewis,Jonathan (Jon)Amount purchased: 134 @ 129.50pValue: £173.53Taylor Wimpey (TW.)Director name: Daly,Jennie Amount purchased: 87 @ 173.40pValue: £150.86Taylor Wimpey (TW.)Director name: Redfern,PeteAmount purchased: 87 @ 173.40pValue: £150.86Taylor Wimpey (TW.)Director name: Jordan,James JAmount purchased: 87 @ 173.40pValue: £150.86Taylor Wimpey (TW.)Director name: Carney,Chris Amount purchased: 86 @ 173.40pValue: £149.12Consort Medical (CSRT)Director name: Hayes,PaulAmount purchased: 13 @ 1,146.00pValue: £148.98Consort Medical (CSRT)Director name: Glenn,JonathanAmount purchased: 13 @ 1,146.00pValue: £148.98Foreign And Colonial Inv Trust (FRCL)Director name: Knapp,EdwardAmount purchased: 14 @ 741.27pValue: £103.78Top Director SellsNext (NXT)Director name: Papp,RichardAmount sold: 27,000 @ 5,713.17pValue: £1,542,555.86Next (NXT)Director name: Papp,RichardAmount sold: 1,100 @ 5,713.17pValue: £62,844.87