Netcall non-exec sells up

29th Mar 2011 16:36

Mark Brooks, who was appointed to the Netcall board following the acquisition of Telephonetics, has sold all his shares in the AIM-quoted telecoms call-back and speech recognition software provider.Brooks had been a director of Telephonetics since March 2008 and joined the Netcall board in July 2010. In the Netcall annual report it said that Brooks had a six month employment term. Netcall offered 0.3077 of a share and 5p in cash for each Telephonetics share. At that time, Netcall raised £4.25m at 19p a share to help finance the cash cost of the bid, which was £5.46m.Brooks sold 3.97m shares at 15p each, which valued the stake at £596,000. Netcall increased its revenues by 245% in the six months to December 2010 helped by the contribution from Telephonetics. Reported pre-tax profit was down, but stripping out amortisation and exceptionals it rose from £359,000 to £1.09m.Top Director BuysCambium Global Timberland Ltd. (TREE) Director name: Mr Donald AdamsonAmount purchased: 500,000 @ 53.88p Value: £269,350Polo Resources Ltd. (DI) (POL) Director name: Mr Neil Lindsey HerbertAmount purchased: 5,108,239 @ 5.22p Value: £266,650Anglo Pacific Group (APF) Director name: Mr Matthew TackAmount purchased: 77,837 @ 326.00p Value: £253,749Anglo Pacific Group (APF) Director name: Mr Chris OrchardAmount purchased: 77,837 @ 326.00p Value: £253,749Anglo Pacific Group (APF) Director name: Mr John TheobaldAmount purchased: 77,837 @ 326.00p Value: £253,749F&C Asset Management (FCAM) Director name: Mr Edward BramsonAmount purchased: 75,000 @ 77.92p Value: £58,440Cambium Global Timberland Ltd. (TREE) Director name: Mr Martin RichardsonAmount purchased: 100,000 @ 53.88p Value: £53,870Artemis Alpha Trust (ATS) Director name: Mr Andrew DalrympleAmount purchased: 11,000 @ 328.00p Value: £36,080Cambium Global Timberland Ltd. (TREE) Director name: Mr William Taylor SpitzAmount purchased: 50,000 @ 53.88p Value: £26,935Cambium Global Timberland Ltd. (TREE) Director name: Mr Robert RickmanAmount purchased: 25,000 @ 53.88p Value: £13,468Top Director SellsNetcall (NET) Director name: Mr Mark Brooks Amount sold: 3,972,357 @ 15.00p Value: £595,854BAE Systems (BA.) Director name: Mr Ian KingAmount sold: 63,246 @ 328.70p Value: £207,890BAE Systems (BA.) Director name: Mr George RoseAmount sold: 30,224 @ 328.70p Value: £99,346Homeserve (HSV) Director name: Mr Martin BennettAmount sold: 4,800 @ 440.00p Value: £21,120BAE Systems (BA.) Director name: Mr Bob Murphy Amount sold: 5,362 @ 328.70p Value: £17,625Abbey Protection (ABB) Director name: Mr Colin DavisonAmount sold: 21,818 @ 79.25p Value: £17,291Abbey Protection (ABB) Director name: Mr Chris WardAmount sold: 21,818 @ 79.25p Value: £17,291BAE Systems (BA.) Director name: Ms Linda Hudson Amount sold: 5,234 @ 328.70p Value: £17,204