Good Energy's Finance Director reduces stake after strong results

14th Apr 2014 16:00

Garry Peagam, the Group Finance Director of Good Energy Group, has traded in shares worth 122,335 pounds one week after the AIM-listed renewable energy provider delivered a doubling of its pre-tax profits. The director traded in 42,500 shares at 287.85p a time. Following the sale, Garry Peagam held 158,500 shares, equal to 1.08% of the issued share capital of the company.Last week the group said its pre-tax profits doubled to £3.3m, driving by rising consumer demand and successful project development throughout 2013. Revenue climbed 43% to £40.4m, while basic earnings per share climbed from 13.2p to 20.9p year-on-year. Top Director BuysReal Estate Investors (RLE) Director name: Mr Paul BassiAmount purchased: 150,000 @ 50.00p Value: £75,000Real Estate Investors (RLE) Director name: Mr Marcus DalyAmount purchased: 150,000 @ 50.00p Value: £75,000ASOS (ASC) Director name: Ms Karen JonesAmount purchased: 1,280 @ 4,705.50p Value: £60,230Real Estate Investors (RLE) Director name: Mr John Rawcliffe Airey Crabtree OBE Amount purchased: 50,000 @ 50.00p Value: £25,000Real Estate Investors (RLE) Director name: Major William WyattAmount purchased: 50,000 @ 50.00p Value: £25,000North Midland Construction (NMD) Director name: Mr Robert MoyleAmount purchased: 10,000 @ 122.30p Value: £12,230Top Director SellsSt. Modwen Properties (SMP) Director name: Mr William (Bill) OliverAmount sold: 283,966 @ 381.00p Value: £1,081,910St. Modwen Properties (SMP) Director name: Mr Michael DunnAmount sold: 111,997 @ 381.00p Value: £426,709St. Modwen Properties (SMP) Director name: Mr Steve BurkeAmount sold: 102,520 @ 381.00p Value: £390,601Good Energy Group (GOOD) Director name: Mr Garry John PeagamAmount sold: 42,500 @ 287.85p Value: £122,336NR