(Sharecast News) - Science Group revealed on Friday that chairman Martyn Ratcliffe had disposed of 1.45m ordinary shares in the AIM-listed science and technology consultancy.

Ratcliffe, who took over as executive chairman in April 2010, sold the shares on Thursday at an average price of 550p each, for a total value of £7.97m.

Following the transaction, Ratcliffe retains a beneficial holding of 8.04m ordinary Science Group shares, equivalent to 18.2% of the company's voting rights.

As of 1540 BST, Science Group shares were down 1.43% at 552p.

Reporting by Iain Gilbert at Sharecast.com

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Top Director Sells

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Director name: Ratcliffe,Martyn Roy

Amount sold: 1,450,000 @ 550.00p

Value: £7,975,000.20

Bank Of Ireland Group (cdi) (BIRG)

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