Mark Light, an executive at Signet Jewelers, reduced his stake in the retailer on Friday with the sale of 25,000 shares, the company announced on Monday.

The shares, which were priced at 2,857.59p, were sold for a total of £714,398. Following the transaction, he still owns a total of 44,941 shares.

Light, who joined Signet back in 1978, become the Chief Executive of the company's US division back in January 2006, having been President and Chief Operating Officer of the unit from 2002.

His transaction came just one week after the company revealed that total and same-store sales rose by 7.1% year-on-year in the second quarter while operating income rose 8.4%.

Signet is the largest speciality retail jeweller in the US and the UK.


Top Director Buys

Canaccord Financial Inc. (CF.)
Director name: Mr John D. Rothwell
Amount purchased: 10,000 @ 322.12p
Value: £32,212

TalkTalk Telecom Group (TALK)
Director name: Mr Brent Hoberman
Amount purchased: 12,882 @ 194.07p
Value: £25,000


Top Director Sells

Signet Jewelers Ltd. (SIG)
Director name: Mr Mark Light
Amount sold: 25,000 @ 2,857.59p
Value: £714,398

Glanbia (GLB)
Director name: Mr John J. Moloney
Amount sold: 72,599 @ € 6.30
Value: € 457,374

Glanbia (GLB)
Director name: Mr Kevin Toland
Amount sold: 41,658 @ € 6.30
Value: € 262,445

Glanbia (GLB)
Director name: Mr Siobhan Talbot
Amount sold: 28,631 @ € 6.30
Value: € 180,375

Glanbia (GLB)
Director name: Mr Michael Horan
Amount sold: 12,271 @ € 6.30
Value: € 77,307

Related share prices
Signet Jewelers Ltd. (SIG) share price
Canaccord Financial Inc. (CF.) share price
TalkTalk Telecom Group (TALK) share price