The finance director of Hays has raised over £1.2m from selling shares in the recruitment specialist, cutting his stake by 44%.Paul Venables, a chartered accountant who was appointed to the board in 2006, offloaded 750,000 shares in Hays at a price of 163.6615p each.His transaction, which raised a total of £1.227m, followed a near-13% jump in the stock since the start of the year.Venables was left with 953,014 shares in the company.Hays reported last month that like-for-like revenues increased by 8% in the third quarter ended 31 March, led by its permanent recruitment business. Top Director BuysToro Limited (TORO) Director name: Mr Roberto SilvottiAmount purchased: 954,692 @ € 0.98 Value: € 937,985Rank Group (RNK) Director name: Mr Henry B BirchAmount purchased: 100,000 @ 205.00p Value: £205,000Homeserve (HSV) Director name: Mr J M Barry GibsonAmount purchased: 40,000 @ 419.40p Value: £167,760Homeserve (HSV) Director name: Mr Ben MingayAmount purchased: 20,000 @ 419.60p Value: £83,920Inspired Capital (INSC) Director name: Mr Jeremy CoombesAmount purchased: 535,000 @ 14.00p Value: £74,900Rank Group (RNK) Director name: Mr Clive JenningsAmount purchased: 25,000 @ 205.00p Value: £51,250STM Group (STM) Director name: Mr Michael R. RiddellAmount purchased: 137,000 @ 36.50p Value: £50,005Orosur Mining Inc (OMI) Director name: Mr Ignacio SalazarAmount purchased: 200,000 @ 9.20p Value: £18,400Brammer (BRAM) Director name: Mr Andrea Abt Amount purchased: 5,000 @ 315.00p Value: £15,750Top Director SellsJardine Matheson Holdings Ltd (Singapore Reg) (JAR) Director name: Mr Adam Phillip Charles KeswickAmount sold: 37,800 @ $60.19 Value: $2,275,348Hays (HAS) Director name: Mr Paul VenablesAmount sold: 750,000 @ 163.66p Value: £1,227,450Jardine Matheson Holdings Ltd (Singapore Reg) (JAR) Director name: Mr E P K WeatherallAmount sold: 17,200 @ $60.19 Value: $1,035,344SThree (STHR) Director name: Mr Justin HughesAmount sold: 75,000 @ 385.00p Value: £288,750Bloomsbury Publishing (BMY) Director name: Mr Nigel NewtonAmount sold: 132,651 @ 175.00p Value: £232,139Euromoney Institutional Investor (ERM) Director name: Mr Peter Richard EnsorAmount sold: 17,727 @ 1,206.80p Value: £213,929SThree (STHR) Director name: Mr Justin HughesAmount sold: 12,590 @ 386.12p Value: £48,613SThree (STHR) Director name: Mr Justin HughesAmount sold: 6,500 @ 385.00p Value: £25,025Euromoney Institutional Investor (ERM) Director name: Mr Peter Richard EnsorAmount sold: 1,799 @ 1,200.82p Value: £21,603SThree (STHR) Director name: Mr Justin HughesAmount sold: 5,000 @ 386.23p Value: £19,312