Liontrust CEO offloads a further £1.15m of shares

8th Aug 2014 15:48

The chief executive of Liontrust, John Ions, made nearly £1.2m from offloading shares in the asset management firm, the company revealed on Friday.Ions, who joined Liontrust's board in May 2010, sold 500,000 shares at 230p a pop, making £1.15m.This follows the exercise of share options and subsequent sale of 200,000 shares last Friday at 243.375p each for £486,750.The transactions left Ions with 905,180 shares in the company, equal to a 2% interest valued at just under £2m at the current market price.Meanwhile, Liontrust also said on Friday that chairman Adrian Collins sold 100,000 shares at 230p each for £230,000, leaving him with 403,998 shares (0.9% stake).Commenting on first-quarter trading last month, Ions said that Liontrust had "enjoyed a strong start to the financial year", with net inflows of £190m as assets under management grew to £3.78bn.The stock price has fallen by around 15% in the year-to-date and stands broadly flat over the same time last year. However, it is up nearly 90% over the last five years.Top Director BuysPoundland Group (PLND) Director name: Mr Tea ColaianniAmount purchased: 15,723 @ 317.50p Value: £49,921Capital Gearing Trust (CGT) Director name: Mr Alastair Laing Amount purchased: 1,119 @ 3,125.60p Value: £34,975Sweett Group (CSG) Director name: Mr John DoddsAmount purchased: 50,000 @ 35.13p Value: £17,565Sweett Group (CSG) Director name: Mr Alan LovellAmount purchased: 50,000 @ 35.13p Value: £17,565Halfords Group (HFD) Director name: Mr Helen JonesAmount purchased: 3,000 @ 468.60p Value: £14,058Top Director SellsLiontrust Asset Management (LIO) Director name: Mr John Stephen IonsAmount sold: 500,000 @ 230.00p Value: £1,150,000CSR (CSR) Director name: Dr Levy GerzbergAmount sold: 64,388 @ 527.00p Value: £339,325Liontrust Asset Management (LIO) Director name: Mr Adrian John Reginald CollinsAmount sold: 100,000 @ 230.00p Value: £230,000CSR (CSR) Director name: Dr Levy GerzbergAmount sold: 14,000 @ 532.90p Value: £74,606Northgate (NTG) Director name: Mr Christopher (Chris) MuirAmount sold: 7,378 @ 486.00p Value: £35,857BC