Stock Market News
Brightside founder banks £2m
14-07-2011 16:21
| Add To Google +1 | Tweet |
Arron Banks, chief executive and co-founder of the insurance broking and financial services business Brightside, has pocketed £2m from the sale of shares in the group.
He sold 8m at 25p a pop, but still has nearly 70m, more than 15% of the company.
Banks, along with commercial director John Gannon and finance director Paul Chase-Gardener, founded the business in 2005. Its activities include commercial vehicle insurance broking and financial advice for people with money worries.
Top Director Buys
Helius Energy (HEGY)
Director name: Mr Angus MacDonald OBE
Amount purchased: 1,638,032 @ 14.10p
Value: £230,963
SeaEnergy (SEA)
Director name: Mr Stephen E Remp
Amount purchased: 311,770 @ 28.50p
Value: £88,854
Prosperity Voskhod Fund Ltd. (PVF)
Director name: Mr Robert W Boyle
Amount purchased: 17,495 @ $1.51
Value: $26,452
Top Director Sells
Brightside Group (BRT)
Director name: Mr Arron Fraser Andrew Banks
Amount sold: 8,000,000 @ 25.00p
Value: £2,000,000
Homeserve (HSV)
Director name: Mr Jon Florsheim
Amount sold: 220,765 @ 491.00p
Value: £1,083,956
He sold 8m at 25p a pop, but still has nearly 70m, more than 15% of the company.
Banks, along with commercial director John Gannon and finance director Paul Chase-Gardener, founded the business in 2005. Its activities include commercial vehicle insurance broking and financial advice for people with money worries.
Top Director Buys
Helius Energy (HEGY)
Director name: Mr Angus MacDonald OBE
Amount purchased: 1,638,032 @ 14.10p
Value: £230,963
SeaEnergy (SEA)
Director name: Mr Stephen E Remp
Amount purchased: 311,770 @ 28.50p
Value: £88,854
Prosperity Voskhod Fund Ltd. (PVF)
Director name: Mr Robert W Boyle
Amount purchased: 17,495 @ $1.51
Value: $26,452
Top Director Sells
Brightside Group (BRT)
Director name: Mr Arron Fraser Andrew Banks
Amount sold: 8,000,000 @ 25.00p
Value: £2,000,000
Homeserve (HSV)
Director name: Mr Jon Florsheim
Amount sold: 220,765 @ 491.00p
Value: £1,083,956
| Related share prices |
|---|
| SeaEnergy (SEA) share price |
| Homeserve (HSV) share price |
| Prosperity Voskhod Fund Ltd (PVF) share price |
| Brightside Group (BRT) share price |
| Helius Energy (HEGY) share price |
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways share price
- Centrica share price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce share price
- Banco Santander price
- Rio Tinto share price
- Amec Share price
- Corac share price
- Lookers share price
- Telecom plus share price
- Kier share price
- Punch taverns price
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price


Prices

