Wood Group Chairman sells 250,000 shares

23rd May 2013 16:24

The Chairman of Wood Group has traded in 2.1m pounds-worth of shares in the group. Allister Langlands sold, on behalf of his wife, 250,000 shares 846p each. The deal was announced on the same day the FTSE 100 energy services giant announced its PSN business has scored a contract to deliver operations and maintenance services to Hess Corporation's Baldpate production platform in the deepwater Gulf of Mexico, under a new five-year agreement. The company will also provide the services to Hess for the Tubular Bells and Stampede deepwater facilities in the Mississippi Canyon and Green Canyon regions of the Gulf of Mexico when they come on stream in the future. The contract will lead to the creation of up to 100 new jobs in the region. A week earlier the company reported group progress in the year-to-date and said at its annual general meeting that it is confident of achieving full year performance in line with expectations. However, Wood Group GTS is currently behind plan, although this is anticipated to be recovered over the course of the year. Top Director BuysAnglogold Ashanti Ltd. (AGD) Director name: Mr S (Venkat) VenkatakrishnanAmount purchased: 10,000 @ 1,110.99p Value: £111,099Zincox Resources (ZOX) Director name: Mr Andrew WoollettAmount purchased: 1,288,244 @ 15.53p Value: £200,064Terra Capital (TCA) Director name: Mr Dirk Van den BroeckAmount purchased: 120,000 @ $0.73 Value: $87,000Glanbia (GLB) Director name: Mr Donard GaynorAmount purchased: 5,000 @ € 10.85 Value: € 54,250F&C Asset Management (FCAM) Director name: Mr Edward BramsonAmount purchased: 50,000 @ 95.44p Value: £47,720Genus (GNS) Director name: Mr Stephen WilsonAmount purchased: 3,000 @ 1,450.00p Value: £43,500Bailey (C.H.) (BLEY) Director name: Mr Charles H BaileyAmount purchased: 12,192 @ 200.00p Value: £24,384Dods (Group) (DODS) Director name: Ms Henrietta Marsh Amount purchased: 375,000 @ 4.20p Value: £15,750Corac Group (CRA) Director name: Mr Julia Henderson Amount purchased: 100,000 @ 12.85p Value: £12,850Zincox Resources (ZOX) Director name: Mr Simon HallAmount purchased: 65,000 @ 16.84p Value: £10,946Top Director SellsPrudential (PRU) Director name: Mr Mike WellsAmount sold: 400,000 @ 1,200.78p Value: £4,803,120Prudential (PRU) Director name: Mr Tidjane ThiamAmount sold: 400,000 @ 1,193.08p Value: £4,772,320Prudential (PRU) Director name: Mr Michael McLintockAmount sold: 300,000 @ 1,193.08p Value: £3,579,240Prudential (PRU) Director name: Mr Barry StoweAmount sold: 176,298 @ 1,195.83p Value: £2,108,224Prudential (PRU) Director name: Mr Nicolaos NicandrouAmount sold: 200,000 @ 1,193.08p Value: £2,386,160Wood Group (John) (WG.) Director name: Mr Allister LanglandsAmount sold: 250,000 @ 846.00p Value: £2,115,000William Hill (WMH) Director name: Mr Ralph ToppingAmount sold: 400,000 @ 452.11p Value: £1,808,440Prudential (PRU) Director name: Mr John FoleyAmount sold: 120,000 @ 1,193.08p Value: £1,431,696Prudential (PRU) Director name: Mr Barry StoweAmount sold: 78,767 @ 1,196.45p Value: £942,408Spectris (SXS) Director name: Mr John O'HigginsAmount sold: 54,763 @ 2,097.94p Value: £1,148,895NR