Howden Joinery's CEO sells £6m worth in shares

7th Aug 2015 16:05

(ShareCast News) - The chief executive of Howden Joinery Group made £6.12m after selling 1.25m of his shares in the kitchen trade supplier.Matthew Ingle sold the shares for an individual price of 492.49p, but still holds 4m shares, which represent 0.62% of the company's share capital.The group last month posted a rise in pre-tax profit and revenues during the first six months to 13 June, but analysts were disappointed by the 6% increase in operating profit, which came in at £60.9m.Ingle said at the time that Howdens has performed well, with sales increasing significantly in the first half."Cash generation remains strong, feedback from our depots is positive and we've seen a good start to the second half of the year," he added.Top Director BuysMarks & Spencer Group (MKS) Director name: Mr Manvinder Singh BangaAmount purchased: 91,700 @ 548.50p Value: £502,974Royal Dutch Shell 'A' (RDSA) Director name: Mr Simon HenryAmount purchased: 10,000 @ 1,838.26p Value: £183,826Royal Dutch Shell 'A' (RDSA) Director name: Mr Simon HenryAmount purchased: 10,000 @ 1,847.51p Value: £184,750Royal Dutch Shell 'A' (RDSA) Director name: Mr Simon HenryAmount purchased: 10,000 @ 1,836.20p Value: £183,620Top Director SellsHowden Joinery Group (HWDN) Director name: Mr Matthew IngleAmount sold: 1,250,000 @ 492.49p Value: £6,156,125Northgate (NTG) Director name: Mr Bob (Robert) ContrerasAmount sold: 109,173 @ 543.52p Value: £593,377Unite Group (UTG) Director name: Mr Richard SimpsonAmount sold: 12,319 @ 649.50p Value: £80,012