Geronimo Inns MD offloads shares in parent group Young's & Co

18th Dec 2012 17:00

Rupert Clevely, the Managing Director of Young's & Co Brewery's Geronimo Inns division, sold nearly half a million pounds-worth of shares in the pubs group on Tuesday.Clevely, who co-founded Geronimo Inns, sold 62,688 shares in Young's & Co at 701.3573p a pop, earning himself a total of £439,667. The move comes after the shares have gained 16% over the last six months.Young's, which reported its first-half results last month, bought Geronimo Inns in December 2010 for £60m.The company reported a 10.7% increase in revenue to £100.2m in the six months to October 1st, while adjusted profit before tax improved by 11.2% to £13.9m.Top Director BuysSinclair Is Pharma (SPH) Director name: Mr Robert Stuart SwansonAmount purchased: 165,040 @ 25.00p Value: £41,260Iomart Group (IOM) Director name: Mr Crawford Beveridge CBEAmount purchased: 18,000 @ 195.00p Value: £35,100Marshalls (MSLH) Director name: Mr Mark EdwardsAmount purchased: 29,000 @ 101.00p Value: £29,290Qatar Investment Fund (QIF) Director name: Mr Nicholas Vernon WilsonAmount purchased: 30,000 @ $0.90 Value: $26,925F&C Asset Management (FCAM) Director name: Mr Edward BramsonAmount purchased: 24,337 @ 100.11p Value: £24,364Strategic Natural Resources (SNRP) Director name: Mr Don NicolsonAmount purchased: 75,000 @ 26.50p Value: £19,875Qatar Investment Fund (QIF) Director name: Mr Nicholas Vernon WilsonAmount purchased: 20,000 @ $0.89 Value: $17,800Berkeley Mineral Resources (BMR) Director name: Mr Masoud AlikhaniAmount purchased: 500,000 @ 2.80p Value: £14,000Legal & General Group (LGEN) Director name: Mrs Julia WilsonAmount purchased: 7,780 @ 144.77p Value: £11,263Top Director SellsEnergy XXI (Bermuda) (Di) (EXXI) Director name: Mr John Daniel Schiller JrAmount sold: 40,000 @ $32.00 Value: $1,280,000Energy XXI (Bermuda) (Di) (EXXI) Director name: Mr John Daniel Schiller JrAmount sold: 40,000 @ $31.77 Value: $1,270,800KCOM Group (KCOM) Director name: Mr Kevin WalshAmount sold: 750,000 @ 71.50p Value: £536,250Young & Co's Brewery 'A' Shares (YNGA) Director name: Mr Rupert J. ClevelyAmount sold: 62,688 @ 701.36p Value: £439,669KCOM Group (KCOM) Director name: Mr Kevin WalshAmount sold: 250,000 @ 71.50p Value: £178,750Netplay TV (NPT) Director name: Mr Andrew Christopher LappingAmount sold: 1,500,000 @ 11.50p Value: £172,500Dairy Farm International Holdings Ltd. (Singapore) (DFI) Director name: Mr Ronald J FlotoAmount sold: 9,900 @ $11.39 Value: $112,791BC