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Hunting CEO ditches 100,000 shares

Tue, 01st May 2012 15:50

The Chief Executive Officer of FTSE 250 energy services provider Hunting has sold off 100,000 shares in the firm at 945p each.Dennis Proctor, who has been a director of Hunting for twelve years, made the £945,000 sale to satisfy personal tax liabilities, the company said. Following the transaction, the director now holds 1,220,472 shares, equal to 0.83% of the firm's share capital. The company's share price has performed well over the past year, gaining over 17%, or 139p. Just over a month ago the Hunting revealed that it sold its Canadian airport business for £7.5m. Hunting Canadian Airport Holdings, which includes Field Aviation, was bought by a consortium of North American investors put together by the current management team. Hunting agreed to defer £1.9m of the deal, which it will receive by the end of 2018 and on which it will earn interest at a rate of 8% a year in the meantime, the firm said. On the day of Proctor's sale, the share price fell 0.58% to 945.50p. Top Director BuysAberforth Smaller Companies Trust (ASL) Director name: Mr Richard RaeAmount purchased: 4,000 @ 629.68p Value: £25,187Mission Marketing Group (TMMG) Director name: Mr Robert Andrew DayAmount purchased: 95,725 @ 24.59p Value: £23,539Mission Marketing Group (TMMG) Director name: Mr David William MorganAmount purchased: 95,725 @ 24.59p Value: £23,539Mission Marketing Group (TMMG) Director name: Mr Chris MorrisAmount purchased: 76,600 @ 24.59p Value: £18,836Mission Marketing Group (TMMG) Director name: Mr Dylan BoggAmount purchased: 57,450 @ 24.59p Value: £14,127VinaLand Ltd (VNL) Director name: Mr Michael Ian ArnoldAmount purchased: 20,000 @ $0.57 Value: $11,500Ruspetro (RPO) Director name: Dr Rolf StombergAmount purchased: 50,000 @ 20.00p Value: £10,000Top Director SellsHunting (HTG) Director name: Mr Dennis L ProctorAmount sold: 100,000 @ 945.00p Value: £945,000Drax Group (DRX) Director name: Ms Dorothy ThompsonAmount sold: 15,280 @ 542.06p Value: £82,827Drax Group (DRX) Director name: Mr Peter EmeryAmount sold: 7,673 @ 542.06p Value: £41,592Drax Group (DRX) Director name: Mr Paul TaylorAmount sold: 5,328 @ 542.06p Value: £28,881Drax Group (DRX) Director name: Mr Anthony (Tony) James QuinlanAmount sold: 3,124 @ 542.06p Value: £16,934
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Small caps round-up: GB Group, Mission Marketing, Griffin Mining...

Identity management specialists GB Group said it made excellent progress in the year to March as it swung into profits of £1.4m from the loss of £400,000 in the previous year. Group revenue in the year increased by 23% to £23.8m driven by growth across all areas of the business. “We believe that i

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15 May 2009 08:12

Small caps round-up: Mission Marketing, Mercury Recycling, Medicsight...

Marketing communications company Mission Marketing has raised £1m from a placing of 2.5m shares with new and existing institutional shareholders at 40p each. "We were delighted with the reaction we received following the publication of our preliminary results for the year ended 31 December 2008," s

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