Experian Chairman reduces stake

2nd Apr 2013 16:24

Sir John Peace, the Chairman of FTSE 100 information services company Experian, has reduced his stake in the company by 200,000 shares. Peace, who is also the Chairman of Burberry Group and Standard Chartered, disposed of the shares at 1,145.89p each, earning himself in the region of £2.29m. The company's share price has performed strongly over the past year, up 17.6%, equal to 175.50p. On Thursday, the company agreed to divest Data Services, its business credit information business in Italy, to Cerved Group, following a strategic review of the business and its position within Experian's portfolio. On Tuesday, JP Morgan Cazenove upped its target price on the stock from 1,210p to 1,347p, retaining its overweight rating. Top Director BuysTrifast (TRI) Director name: Mr Neil ChapmanAmount purchased: 50,000 @ 56.50p Value: £28,250WYG (WYG) Director name: Mr David JeffcoatAmount purchased: 32,545 @ 76.40p Value: £24,864Greene King (GNK) Director name: Mr Matthew FearnAmount purchased: 3,492 @ 699.40p Value: £24,423Xaar (XAR) Director name: Mr Alex Bevis Amount purchased: 4,765 @ 417.10p Value: £19,875Anglo American (AAL) Director name: Mr Peter WoickeAmount purchased: 954 @ 1,788.35p Value: £17,061Anglo American (AAL) Director name: Ms Anne Stevens Amount purchased: 790 @ 1,788.35p Value: £14,128Anglo American (AAL) Director name: Mr Phuthuma NhlekoAmount purchased: 790 @ 1,788.35p Value: £14,128PZ Cussons (PZC) Director name: Mr Richard HarveyAmount purchased: 3,078 @ 402.50p Value: £12,389Top Director SellsExperian (EXPN) Director name: Mr John PeaceAmount sold: 200,000 @ 1,145.89p Value: £2,291,780Promethean World (PRW) Director name: Mr Tony CannAmount sold: 641,000 @ 16.75p Value: £107,368M Winkworth (WINK) Director name: Mr Simon AgaceAmount sold: 46,164 @ 88.00p Value: £40,624Planet Payment Inc. (PPT) Director name: Mr Philip D BeckAmount sold: 4,850 @ 290.00p Value: £14,065NR