TechMARK movers: SDL boss sells shares to buy property

3rd Sep 2010 15:27

Shares in SDL International have fallen back following the sale of shares by its chairman and chief executive. Mark Lancaster sold 750,000 shares at 540p a share. That was more than one-half of his stake and raised £4.05m. Lancaster says that he sold the shares in order to finance the purchase of a property. He retains a 0.7% stake. Bid rumours continue to push up the share price of software provider Autonomy. A bid price of 2500p a share has been suggested. Emblaze is also continuing to rise following its admission earlier this week that it was in advanced negotiations to sell its main business, Formula Systems. FTSE TechMARK - RisersEmblaze (BLZ) 51.00p +9.09%Optos (OPTS) 92.00p +8.88%Parity Group (PTY) 7.25p +6.90%COLT Group S.A. (COLT) 121.20p +5.57%Torotrak (TRK) 21.50p +4.65%Vislink (VLK) 17.75p +4.23%Wolfson Microelectronics (WLF) 218.00p +3.81%Autonomy Corporation (AU.) 1,768.00p +3.03%BAE Systems (BA.) 322.70p +3.00%Kewill (KWL) 99.00p +2.59%FTSE TechMARK - FallersSDL International (SDL) 550.50p -4.26%Phoenix IT Group (PNX) 197.00p -2.72%Phytopharm (PYM) 9.25p -2.70%Sepura (SEPU) 42.00p -2.33%NXT (NTX) 11.00p -2.22%Sinclair Pharma (SPH) 26.75p -1.87%DRS Data (DRS) 17.50p -1.43%ProStrakan (PSK) 78.00p -1.27%Electronic Data Processing (EDP) 45.00p -1.11%Oxford Biomedica (OXB) 9.80p -1.01%