Soon-to-retire G4S CFO sells up

17th Apr 2013 16:31

Trevor Dighton, the outgoing Chief Financial Officer (CFO) of security group G4S, on Wednesday reduced his stake by 400,000 shares ahead of his departure at the end of April. Dighton, who announced his plans to retire from the company last month, traded in the shares at 295.80p each, resulting in a total trade value of £1.18m. He will continue to work for the group on a number of projects to ensure a smooth handover to his successor Ashley Almanza, former CFO of BG Group.The company last month unveiled a rise in 2012 revenues despite taking a hit over the London Olympic contract debacle. The company revealed a 10.4% year-on-year increase in total turnover of £7.5bn. Annual profits excluding the Olympics rose 6.0% £516m. The group also increased its full year dividend by 5.0% to 8.86p per share. G4S has come under the microscope since its bungled London Olympics contract last year when it had to call in soldiers on leave as it failed to hire enough security guards for the two-week event. Earlier this year the firm said the shambles would cost around £88m, including donations and marketing costs. Top Director BuysAlliance Trust (ATST) Director name: Mr Karin Forseke Amount purchased: 35,000 @ 432.40p Value: £151,340InterQuest Group (ITQ) Director name: Mr Paul FrewAmount purchased: 32,258 @ 62.00p Value: £20,000Revolymer (REVO) Director name: Dr Bryan Crawford DobsonAmount purchased: 49,000 @ 40.00p Value: £19,600Jupiter Second Split Trust Geared Gwth Shares (JSS) Director name: Mr Gordon A CampbellAmount purchased: 60,000 @ 29.50p Value: £17,700Top Director SellsGoodwin Plc (GDWN) Director name: Mr Simon R. GoodwinAmount sold: 54,000 @ 2,000.00p Value: £1,080,000Goodwin Plc (GDWN) Director name: Mr Matthew Stanley GoodwinAmount sold: 36,000 @ 2,000.00p Value: £720,000Goodwin Plc (GDWN) Director name: Mr Bernard Rafe Ernest GoodwinAmount sold: 36,000 @ 2,000.00p Value: £720,000Dragon Oil (DGO) Director name: Mr Abdul-Jaleel Al-KhalifaAmount sold: 80,000 @ 608.05p Value: £486,440Dragon Oil (DGO) Director name: Mr Abdul-Jaleel Al-KhalifaAmount sold: 40,000 @ 602.77p Value: £241,108Dragon Oil (DGO) Director name: Mr Abdul-Jaleel Al-KhalifaAmount sold: 6,342 @ 610.75p Value: £38,734Fidessa Group (FDSA) Director name: Mr Andy MalpassAmount sold: 1,005 @ 1,757.00p Value: £17,658NR