|CATEGORY: DEALINGS ROUND-UP SECTOR: FOOD PRODUCERS
Mon 06 Aug 2012
LONDON (SHARECAST) - Bernard Hoggarth, the now former Chief Executive Officer of Cranswick, sold all of the 30,2225 shares he exercised under the company's long term incentive plan, just two days after he signed off from the FTSE 250 food producer.
Hoggarth, who will stay on as Commercial Director on a part-time basis, sold the shares at 850.98p each for a total of £257,209.
Hoggarth's role as CEO came to an end on a positive note, with the firm reporting a solid start to its new financial year.
Trading since April 1st has been in line with expectations, with all product categories delivering robust growth, especially sausage, bacon and continental products.
Sales for the three months to 30th June increased by 7.4% versus the second quarter of last year to £209m.
The share price was down slightly on Monday, but is up 35%, equal to 222.50p, over the past year.
Top Director Buys
Avocet Mining (AVM)
Director name: Mr David Cather
Amount purchased: 50,000 @ 89.00p
ILX Group (ILX)
Director name: Mr Ken Scott
Amount purchased: 400,000 @ 10.00p
Top Director Sells
Howden Joinery Group (HWDN)
Director name: Mr Matthew Ingle
Amount sold: 1,431,486 @ 137.00p
Director name: Mr David Levin
Amount sold: 50,000 @ 649.51p
Director name: Mr Bernard Hoggarth
Amount sold: 30,225 @ 850.98p
Morgan Crucible Co (MGCR)
Director name: Mr Mark Robertshaw
Amount sold: 86,796 @ 252.41p