Pearson's Penguin boss picks up £2.2m

8th Apr 2011 16:24

John Makinson, a director at the publisher Pearson and chairman and chief executive of its book publishing arm Penguin, has pocketed £2.2m from the sale of shares in the company.He sold 200,000 Pearson shares at 1,106p a time leaving him with 402,815 shares.Makinson was finance director of Pearson between 1996 and 2002. Before that he was the managing director of the Financial Times, which is published by Pearson.Like all Pearson's businesses, Penguin posted a rise in sales in 2010, helping Pearson to higher pre-tax profits. Top Director BuysNovae Group (NVA) Director name: Mr Matthew K FoshAmount purchased: 187,800 @ 362.00p Value: £679,836Novae Group (NVA) Director name: Mr Oliver CorbettAmount purchased: 150,000 @ 362.00p Value: £543,000Novae Group (NVA) Director name: Mr Jeremy AdamsAmount purchased: 143,600 @ 362.00p Value: £519,832Headlam Group (HEAD) Director name: Mr S G WilsonAmount purchased: 50,000 @ 300.00p Value: £150,000Ukraine Opportunity Trust (UKRO) Director name: Mr Gordon William LawsonAmount purchased: 25,000 @ $2.44 Value: $61,050Lavendon Group (LVD) Director name: Mr Andrew WoodAmount purchased: 50,000 @ 96.00p Value: £48,000Heavitree Brewery 'A' Shares (HVTA) Director name: Mr Rodney J GlanvilleAmount purchased: 21,977 @ 155.00p Value: £34,064Top Director SellsOcado Group (OCDO) Director name: Mr Jorn RausingAmount sold: 59,080,100 @ 213.30p Value: £126,017,853Pearson (PSON) Director name: Mr John MakinsonAmount sold: 200,000 @ 1,105.99p Value: £2,211,980Hiscox Ltd. (HSX) Director name: Mr Roberts R S ChildsAmount sold: 155,189 @ 396.16p Value: £614,797Intertek Group (ITRK) Director name: Mr Vanni TrevesAmount sold: 24,048 @ 2,076.00p Value: £499,236Irish Continental Group Units (ICGC) Director name: Mr Gearoid O'DeaAmount sold: 25,000 @ € 17.25 Value: € 431,250Costain Group (COST) Director name: Mr Andrew WyllieAmount sold: 113,922 @ 251.00p Value: £285,944Software Radio Technology (SRT) Director name: Mr Simon Francis RogersAmount sold: 425,000 @ 39.50p Value: £167,875Costain Group (COST) Director name: Mr Anthony BickerstaffAmount sold: 65,883 @ 251.00p Value: £165,366Morgan Crucible Co (MGCR) Director name: Mr Paul Andrew BoultonAmount sold: 8,000 @ 312.00p Value: £24,960Morgan Crucible Co (MGCR) Director name: Mr Andrew HostyAmount sold: 5,166 @ 312.65p Value: £16,151