Search Share Prices
Director dealings: Intermediate Capital directors dispose of £4.5m worth of shares
Benoit Durteste, chief executive chief investment officer of London-listed asset manager Intermediate Capital Group, disposed of 238,723 ordinary shares in the firm on Monday.
Durteste, who has run the firm since July 2017, disposed of the shares at a price of £11.65 each for a total value of £2.78m.
ICP's chief finance and operating officer Philip Keller also offloaded 148,783 shares in the firm at a price of £11.65 each for a grand total of £1.73m.
The shares were originally vested to the directors under the terms of ICP's awards programme.
ICP reported a mixed full-year performance on 21 May after the private debt manager grew assets under management while profits slid nearly a third.
Pre-tax profit came to £168m in the twelve months ended 31 Marhc, a touch below the £174m consensus, a 29% year-on-year drop.
As of 1620 BST, ICP shares had lost 0.94% to 1,154p.
Top Director Buys
Georgia Capital (CGEO)
Director name: Mr Irakli Giluari
Amount purchased: 45,000 @ £10.65
Value: £479,250
Keras Resources (KRS)
Director name: Mr Dave Reeves
Amount purchased: 29,972,664 @ £0.00
Value: £110,899
Georgia Capital (CGEO)
Director name: Mr Irakli Giluari
Amount purchased: 3,320 @ £9.28
Value: £30,810
Keras Resources (KRS)
Director name: Mr Brian Moritz
Amount purchased: 7,000,000 @ £0.00
Value: £25,900
Keras Resources (KRS)
Director name: Mr Russell Lamming
Amount purchased: 7,000,000 @ £0.00
Value: £25,900
Top Director Sells
Intermediate Capital Group (ICP)
Director name: Mr Benoit Durteste
Amount sold: 238,723 @ £11.65
Value: £2,781,123
Intermediate Capital Group (ICP)
Director name: Mr Philip Keller
Amount sold: 148,783 @ £11.65
Value: £1,733,322
Hiscox Limited (DI) (HSX)
Director name: Mr Richard Watson
Amount sold: 87,000 @ £15.06
Value: £1,309,976
Prudential (PRU)
Director name: Mr Barry Stowe
Amount sold: 26,517 @ £18.49
Value: £490,432
Prudential (PRU)
Director name: Mr Mike Wells
Amount sold: 14,488 @ £18.49
Value: £267,956
Sophos Group (SOPH)
Director name: Mr Kris Hagerman
Amount sold: 19,761 @ £5.71
Value: £112,875
Sophos Group (SOPH)
Director name: Mr Nick Bray
Amount sold: 7,637 @ £5.71
Value: £43,623