Carpetright, the flooring retail specialist, has announced that Lord Harris of Peckham, the group's Chairman, has sold 150,000 shares in the company.

The shares were sold at 650p each, for a total of £975,000 before tax.

Following the transaction Harris owns around 12.4m shares, equal to 18.32% of the issued share captial.

At the end of January Carpetright said store refurbishments and an expansion to its laminate floor and bed ranges helped drive domestic sales in the third quarter.

Like-for-like (LFL) sales in the UK increased by 3.2% and total sales in the UK increased by 1.6%.

LFL sales in the Netherlands, Belgium and the Republic of Ireland, fell by 11.5%. Total sales declined by 11.2%.

Carpetright said the solid performance in Belgium and the Republic of Ireland was offset by continued weakness in the Netherlands.


Top Director Buys

Travis Perkins (TPK)
Director name: Mr Geoff Cooper
Amount purchased: 13,380 @ 1,331.10p
Value: £178,101

Travis Perkins (TPK)
Director name: Mr John P Carter
Amount purchased: 10,257 @ 1,331.10p
Value: £136,531

Brammer (BRAM)
Director name: Mr Ian Fraser
Amount purchased: 10,000 @ 376.75p
Value: £37,675

F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 30,000 @ 107.59p
Value: £32,277

Target Healthcare Reit Ltd (THRL)
Director name: Mr Thomas J Hutchison III
Amount purchased: 29,998 @ 100.00p
Value: £29,998

Gable Holdings Inc. (GAH)
Director name: Mr William Dewsall
Amount purchased: 51,000 @ 49.25p
Value: £25,118

Enteq Upstream (NTQ)
Director name: Mr Ian Leaman
Amount purchased: 25,743 @ 66.65p
Value: £17,158

Target Healthcare Reit Ltd (THRL)
Director name: Mr Robert Malcolm Naish
Amount purchased: 15,000 @ 100.00p
Value: £15,000

Target Healthcare Reit Ltd (THRL)
Director name: Mr Gordon Coull
Amount purchased: 11,000 @ 100.00p
Value: £11,000


Top Director Sells

Carpetright (CPR)
Director name: Mr Martin Harris
Amount sold: 150,000 @ 650.00p
Value: £975,000

Carpetright (CPR)
Director name: Lord Philip Harris of Peckham
Amount sold: 150,000 @ 650.00p
Value: £975,000

Interserve (IRV)
Director name: Mr Steven Dance
Amount sold: 50,000 @ 492.74p
Value: £246,370

Communisis (CMS)
Director name: Mr Michael Graham Firth
Amount sold: 20,000 @ 51.85p
Value: £10,370

Related share prices
Travis Perkins (TPK) share price
Brammer (BRAM) share price
Carpetright (CPR) share price
F&C Asset Management (FCAM) share price
Communisis (CMS) share price
Interserve (IRV) share price
Gable Holdings Inc. (GAH) share price
Enteq Upstream (NTQ) share price
Target Healthcare Reit Ltd (THRL) share price