Dunelm Group's Finance Director, David Stead, has traded in 43,460 of the 85,215 shares he received after exercising options under the company's long-term incentive plan at no cost.

Stead, who joined the homeware chain in 2003, traded in the shares at 679.40p, earning £295,267, which he used to fund the tax and national insurance liability on the options.

He then transferred 41,755 ordinary shares to his wife, Jane Stead, at no cost.

He is now beneficially interested in 667,181 shares, equal to 0.33% of the issued share capital.

The sale was made just a few days after the company announced that it intends to return around £65.8m of capital to shareholders, equivalent to 32.5p per ordinary share, by issuing two types of shares to shareholders, on a one-for-one basis. This will enable the return of capital to be done in such a way so as to satisfy shareholders who want income and those who want capital.


Top Director Buys

Genel Energy (GENL)
Director name: Mr Rodney F Chase
Amount purchased: 160,000 @ 792.80p
Value: £1,268,480

PureCircle Ltd. (DI) (PURE)
Director name: Mr Tan Boon Seng
Amount purchased: 200,000 @ 242.00p
Value: £484,000

North Atlantic Smaller Companies Inv Trust (NAS)
Director name: Mr Christopher H B Mills
Amount purchased: 14,525 @ 1,110.00p
Value: £161,228

New Britain Palm Oil Ltd. (DI) (NBPO)
Director name: Mr Tan Sri Dato Seri Arshad Ayub
Amount purchased: 10,000 @ 585.00p
Value: £58,500

Allocate Software (ALL)
Director name: Mr Chris Gale
Amount purchased: 13,000 @ 77.50p
Value: £10,075


Top Director Sells

Dunelm Group (DNLM)
Director name: Mr David Stead
Amount sold: 43,460 @ 679.40p
Value: £295,267

Ithaca Energy Inc. (DI) (IAE)
Director name: Mr Iain McKendrick
Amount sold: 142,800 @ 122.00p
Value: £174,216

Travis Perkins (TPK)
Director name: Mr Paul N Hampden Smith
Amount sold: 15,000 @ 1,108.40p
Value: £166,260

Travis Perkins (TPK)
Director name: Mr Paul N Hampden Smith
Amount sold: 10,000 @ 1,113.00p
Value: £111,300

Travis Perkins (TPK)
Director name: Mr Paul N Hampden Smith
Amount sold: 5,000 @ 1,110.00p
Value: £55,500

Travis Perkins (TPK)
Director name: Mr Paul N Hampden Smith
Amount sold: 2,500 @ 1,110.27p
Value: £27,757

Travis Perkins (TPK)
Director name: Mr Paul N Hampden Smith
Amount sold: 1,300 @ 1,111.00p
Value: £14,443

Related share prices
Travis Perkins (TPK) share price
Allocate Software (ALL) share price
North Atlantic Smaller Companies Inv Trust (NAS) share price
Dunelm Group (DNLM) share price
Ithaca Energy Inc. (DI) (IAE) share price
PureCircle Ltd. (DI) (PURE) share price
New Britain Palm Oil Ltd. (DI) (NBPO) share price
Genel Energy (GENL) share price