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Director dealings: PageGroup chief executive offloads 650,000 shares
PageGroup chief executive Steve Ingham disposed of 650,000 ordinary shares in the UK-based recruitment business on Wednesday, lowering his holding to 851,625 as a result.
Ingham, PageGroup's chief executive since April 2006, sold the shares at an average price of 546.88p for a total of £3.55m.
Page's chief financial officer Kelvin Stagg also let go of 13,059 shares at 548.58p apiece for a total of £71,639.
PageGroup posted a record first-quarter profit back in April, with gross profit up 12.3%, or 10.3% on a reported basis, to £187.7m as the FTSE 250 recruitment firm said its "large, high potential markets", which make up 31% of the group, grew 21%.
On a regional basis, Europe, Middle East and Africa was ahead 18.2%, with France rising 18% and Germany up 28% within that, while the UK market slid 7.1%, with the board noting that confidence in the country continued to be impacted by uncertainty.
As of 1440 BST, PageGroup shares had slip 0.091% to 547.50p.
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