RSA Insurance UK Chief reduces holding ahead of departure

21st May 2014 16:04

Adrian Brown, the outgoing Chief Executive Officer of RSA Insurance's UK & Western Europe business has reduced his stake in the group after his wife, Sara, disposed of 180,000 shares. The shares were traded in at 491.32p each for a total of £884,376. The transaction comes one month after the director handed in his resignation, a date for which has not yet been set. Speaking at the time, Brown said he had "confidence in [RSA's] future", but that the time was right for him to take up a new challenge. "I will remain fully engaged in the coming weeks with business as usual and in due course look forward to continuing a strong relationship with RSA in my new role," he added. Top Director BuysTelecom Plus (TEP) Director name: Mr Julian SchildAmount purchased: 17,000 @ 1,490.39p Value: £253,366GVC Holdings (GVC) Director name: Mr Lee FeldmanAmount purchased: 23,875 @ 435.00p Value: £103,856Telecom Plus (TEP) Director name: Mr Charles WigoderAmount purchased: 5,000 @ 1,490.39p Value: £74,520Telecom Plus (TEP) Director name: Mr Andrew LindsayAmount purchased: 3,000 @ 1,490.39p Value: £44,712Telecom Plus (TEP) Director name: Mr Melvin LawsonAmount purchased: 3,000 @ 1,490.39p Value: £44,712GVC Holdings (GVC) Director name: Mr Richard Q M CooperAmount purchased: 26,667 @ 126.00p Value: £33,600Bodycote (BOY) Director name: Mr Stephen C HarrisAmount purchased: 4,265 @ 698.00p Value: £29,770Balfour Beatty (BBY) Director name: Mr Bill ThomasAmount purchased: 9,128 @ 219.00p Value: £19,990Christie Group (CTG) Director name: Mr David RuggAmount purchased: 12,500 @ 125.00p Value: £15,625CLS Holdings (CLI) Director name: Mr H O Thomas LundqvistAmount purchased: 1,000 @ 1,353.00p Value: £13,530Top Director SellsNetplay TV (NPT) Director name: Mr Charles A N ButlerAmount sold: 1,500,000 @ 17.25p Value: £258,750Anglo American (AAL) Director name: Mr Mark CutifaniAmount sold: 4,693 @ 1,537.00p Value: £72,131Dunedin Enterprise Investment Trust (DNE) Director name: Mr Liz AireyAmount sold: 2,490 @ 475.00p Value: £11,828NR