(Sharecast News) - SolGold revealed on Friday that The Mather Foundation, a philanthropic auxiliary foundation trust fund of which its chief executive Nicholas Mather was a director, had disposed of 400,000 ordinary shares in the London-listed miner.Mather's foundation, which makes philanthropic and charitable donations to prostate cancer research, mental health and homelessness organisations, emergency flight care services and other charities in Australia, sold the shares two days before at an average price of 27.93p each, for a total value of £111,720.The sale represented less than 0.5% of the total shareholdings associated with Mather.Mather said: "The sale is in no way an indication of a diminished outlook in respect of the value of SolGold or its growth outlook in the future."As of 1620 BST, SolGold shares had picked up 1.99% to 28.20p.Top Director BuysBrooks Macdonald Group (BRK)Director name: Thorpe,BenAmount purchased: 7,458 @ 2,010.00pValue: £149,905.80Dunedin Enterprise Investment Trust (DNE)Director name: Jensen,Michael Meyer Amount purchased: 17,000 @ 350.00pValue: £59,500.00Shearwater Group (SWG)Director name: Williams,DavidAmount purchased: 2,500,000 @ 2.18pValue: £54,500.00Scottish Mortgage Inv Trust (SMT)Director name: Maxwell ,Patrick Amount purchased: 10,173 @ 511.00pValue: £51,984.03Scapa Group (SCPA)Director name: Guyot,Pierre Amount purchased: 15,000 @ 199.20pValue: £29,880.00Shearwater Group (SWG)Director name: Higgins,PhilAmount purchased: 1,250,000 @ 2.20pValue: £27,500.00Shearwater Group (SWG)Director name: Higgins,PhilAmount purchased: 1,000,000 @ 2.18pValue: £21,750.00Mercantile Investment Trust (the) (MRC)Director name: Kitchen,Graham Amount purchased: 10,000 @ 205.45pValue: £20,545.00Pci-pal (PCIP)Director name: Barham,James Amount purchased: 50,684 @ 29.00pValue: £14,698.36Dunedin Enterprise Investment Trust (DNE)Director name: Lane,Angela Amount purchased: 2,498 @ 358.00pValue: £8,942.84United Utilities Group (UU.)Director name: Mogford,Steven LAmount purchased: 23 @ 819.00pValue: £188.37United Utilities Group (UU.)Director name: Houlden,RussAmount purchased: 22 @ 819.00pValue: £180.18United Utilities Group (UU.)Director name: Fraser,StevenAmount purchased: 22 @ 819.00pValue: £180.18Charles Stanley Group (CAY)Director name: Coutts,Ben MoneyAmount purchased: 51 @ 295.60pValue: £150.76Charles Stanley Group (CAY)Director name: Abberley,PaulAmount purchased: 50 @ 295.60pValue: £147.80Superdry (SDRY)Director name: Callander,Simon Amount purchased: 31 @ 476.00pValue: £147.56Top Director SellsSolgold (SOLG)Director name: Mather,NicholasAmount sold: 400,000 @ 27.93pValue: £111,720.00