Ao World revealed on Thursday that chief executive John Roberts had disposed of 1m ordinary shares in the FTSE 250-listed electrical retailer.
Source: Sharecast
Roberts, who sold the shares via registered charity The Jolly Foundation, offloaded the shares on Monday at an average price of 107p each, for a total value of £1.07m.
Following the transaction, Roberts holds a beneficial interest in 4.54m ordinary Ao World shares, representing approximately 0.79% of the company's issued share capital.
As of 1535 GMT, Ao World shares were down 0.54% at 110p.
Reporting by Iain Gilbert at Sharecast.com
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Staffline Group (STAF) Director name: Spain,Thomas Amount purchased: 138,610 @ 51.00p Value: £70,691.10
Conygar Investment Company (CIC) Director name: Ware,Robert T E Amount purchased: 100,000 @ 32.00p Value: £32,000.00
Discoverie Group (DSCV) Director name: Gibbins ,Simon Amount purchased: 2,601 @ 622.60p Value: £16,193.83
Top Director Sells
Ao World (AO.) Director name: Roberts,John Amount sold: 1,000,000 @ 107.00p Value: £1,070,000.05
Staffline Group (STAF) Director name: Spain,Thomas Amount sold: 138,610 @ 51.00p Value: £70,691.10
Conygar Investment Company (CIC) Director name: Ware,Robert T E Amount sold: 100,000 @ 32.00p Value: £32,000.00
Pebble Beach Systems Group (PEB) Director name: Errington,Chris Amount sold: 91,977 @ 20.00p Value: £18,395.40
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