John Menzies director trades in 100,000 shares

11th Mar 2013 16:20

Ian Harrison, a non-executive Director of John Menzies, the FTSE 250 aviation and distribution group, has sold 100,000 at 766.00p each, it was announced Monday.The £766,000 transaction comes less than a week after the company pleased investors with an upbeat set of full-year results for 2012, despite difficult trading conditions at both its operating divisions. Revenue made a marginal decline to £1,996.8m (2011: £2.013.8m), but underlying pre-tax profit rose to £58.4m from £56.4m the previous year. Underlying earnings per share inched 0.2p higher to 73.4p. The dividend was increased by 0.85p to 17.85p. It was also announced on Monday that a number of directors had been awarded a number of shares under the group's long term incentive plan. The details of the amounts subsequently sold can be found below. Harrison now holds approximately 1.94m beneficial shares in the group. Top Director BuysNews Corp. 'A' Shares (NCRA) Director name: Mr Jose Maria AznarAmount purchased: 187,500 @ $22.82 Value: $4,278,956Intu Properties (INTU) Director name: Mr John Whittaker Amount purchased: 300,000 @ 333.90p Value: £1,001,700West African Minerals Corporation (DI) (WAFM) Director name: Mr Stephen R DattelsAmount purchased: 500,000 @ 53.50p Value: £267,500Aviva (AV.) Director name: Sir Sir Adrian MontagueAmount purchased: 12,104 @ 320.48p Value: £38,791Aviva (AV.) Director name: Ms Gay Huey EvansAmount purchased: 5,000 @ 330.40p Value: £16,520Aviva (AV.) Director name: Sir Adrian MontagueAmount purchased: 3,446 @ 317.15p Value: £10,929Top Director SellsNews Corp. 'A' Shares (NCRA) Director name: Mr Lachlan MurdochAmount sold: 187,500 @ $44.85 Value: $8,408,719News Corp. 'A' Shares (NCRA) Director name: Mr Jose Maria AznarAmount sold: 187,500 @ $44.85 Value: $8,408,719Menzies(John) (MNZS) Director name: Mr Paul DollmanAmount sold: 197,526 @ 766.00p Value: £1,513,049Menzies(John) (MNZS) Director name: Mr Craig SmythAmount sold: 130,531 @ 766.00p Value: £999,867Menzies(John) (MNZS) Director name: Mr Ian HarrisonAmount sold: 100,000 @ 766.00p Value: £766,000Interserve (IRV) Director name: Mr Adrian RingroseAmount sold: 101,591 @ 494.64p Value: £502,510Rotork (ROR) Director name: Dr Graham OgdenAmount sold: 9,716 @ 2,950.00p Value: £286,622Rotork (ROR) Director name: Mr Jonathan DavisAmount sold: 8,885 @ 2,950.00p Value: £262,108Menzies(John) (MNZS) Director name: Mr David McIntoshAmount sold: 33,889 @ 766.00p Value: £259,590XP Power Ltd. (DI) (XPP) Director name: Mr John DysonAmount sold: 15,000 @ 1,132.04p Value: £169,806NR