Stock Market News
United Utilities boss raises £588,000 from share sale
28-03-2011 16:48
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United Utilities chief executive Philip Green has raised £588,000 by selling 100,000 shares.
Green still has 116,384 shares. The shares that were sold for 588p each were owned by Green and his wife Judy, who no longer holds any shares.
In February, Green received 136,607 shares from the company's LTIP at no cost. At that time he sold 69,810 shares at 574.5p each, thereby raising £401,058.
That means that Green has raised nearly £1m in six weeks.
Green used to be chief operating officer at Reuters and then chief executive of Royal P&O Nedlloyd.
Last Thursday, United Utilities said that it was still trading "slightly" ahead of management expectations, keeping the water utility on track for a "solid" underlying full-year result. The company has been hit by the Ofwat price review and second half profit will be lower.
The full year results will be published on 26 May.
Top Director Buys
F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 250,000 @ 80.04p
Value: £200,100
Caledonia Investments (CLDN)
Director name: Major William Wyatt
Amount purchased: 10,000 @ 1,724.00p
Value: £172,400
Howden Joinery Group (HWDN)
Director name: Mr Matthew Ingle
Amount purchased: 90,180 @ 109.21p
Value: £98,486
Howden Joinery Group (HWDN)
Director name: Mr Mark Robson
Amount purchased: 56,763 @ 109.21p
Value: £61,991
F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 56,794 @ 78.97p
Value: £44,850
Leni Gas & Oil (LGO)
Director name: Mr Stephen Thomas Horton
Amount purchased: 1,000,000 @ 2.95p
Value: £29,500
Dignity (DTY)
Director name: Mr Steve Whittern
Amount purchased: 3,750 @ 713.00p
Value: £26,738
Cyan Holdings (CYAN)
Director name: Mr Simon Smith
Amount purchased: 2,118,644 @ 1.18p
Value: £25,000
AGI Therapeutics (AGI)
Director name: Mr David Kelly
Amount purchased: 550,000 @ 3.95p
Value: £21,725
Sagentia Group (SAG)
Director name: Mr Brent Hudson
Amount purchased: 29,411 @ 68.00p
Value: £19,999
Top Director Sells
G4S (GFS)
Director name: Mr Nicholas P Buckles
Amount sold: 442,129 @ 250.16p
Value: £1,106,030
G4S (GFS)
Director name: Mr Grahame Gibson
Amount sold: 319,152 @ 250.16p
Value: £798,391
Fidessa Group (FDSA)
Director name: Mr Chris Aspinwall
Amount sold: 34,145 @ 1,773.00p
Value: £605,391
United Utilities Group (UU.)
Director name: Mr Philip Green
Amount sold: 100,000 @ 588.00p
Value: £588,000
G4S (GFS)
Director name: Mr Trevor Dighton
Amount sold: 147,396 @ 250.16p
Value: £368,726
Sainsbury (J) (SBRY)
Director name: Mr Justin King
Amount sold: 80,723 @ 342.03p
Value: £276,097
Henderson Group (HGG)
Director name: Mr Shirley Garrood
Amount sold: 110,000 @ 166.59p
Value: £183,249
Sainsbury (J) (SBRY)
Director name: Mr Darren M Shapland
Amount sold: 26,582 @ 342.03p
Value: £90,918
Sainsbury (J) (SBRY)
Director name: Mr Michael Andrew Coupe
Amount sold: 9,343 @ 342.03p
Value: £31,956
Sainsbury (J) (SBRY)
Director name: Mr John Rogers
Amount sold: 3,838 @ 342.03p
Value: £13,127
Green still has 116,384 shares. The shares that were sold for 588p each were owned by Green and his wife Judy, who no longer holds any shares.
In February, Green received 136,607 shares from the company's LTIP at no cost. At that time he sold 69,810 shares at 574.5p each, thereby raising £401,058.
That means that Green has raised nearly £1m in six weeks.
Green used to be chief operating officer at Reuters and then chief executive of Royal P&O Nedlloyd.
Last Thursday, United Utilities said that it was still trading "slightly" ahead of management expectations, keeping the water utility on track for a "solid" underlying full-year result. The company has been hit by the Ofwat price review and second half profit will be lower.
The full year results will be published on 26 May.
Top Director Buys
F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 250,000 @ 80.04p
Value: £200,100
Caledonia Investments (CLDN)
Director name: Major William Wyatt
Amount purchased: 10,000 @ 1,724.00p
Value: £172,400
Howden Joinery Group (HWDN)
Director name: Mr Matthew Ingle
Amount purchased: 90,180 @ 109.21p
Value: £98,486
Howden Joinery Group (HWDN)
Director name: Mr Mark Robson
Amount purchased: 56,763 @ 109.21p
Value: £61,991
F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 56,794 @ 78.97p
Value: £44,850
Leni Gas & Oil (LGO)
Director name: Mr Stephen Thomas Horton
Amount purchased: 1,000,000 @ 2.95p
Value: £29,500
Dignity (DTY)
Director name: Mr Steve Whittern
Amount purchased: 3,750 @ 713.00p
Value: £26,738
Cyan Holdings (CYAN)
Director name: Mr Simon Smith
Amount purchased: 2,118,644 @ 1.18p
Value: £25,000
AGI Therapeutics (AGI)
Director name: Mr David Kelly
Amount purchased: 550,000 @ 3.95p
Value: £21,725
Sagentia Group (SAG)
Director name: Mr Brent Hudson
Amount purchased: 29,411 @ 68.00p
Value: £19,999
Top Director Sells
G4S (GFS)
Director name: Mr Nicholas P Buckles
Amount sold: 442,129 @ 250.16p
Value: £1,106,030
G4S (GFS)
Director name: Mr Grahame Gibson
Amount sold: 319,152 @ 250.16p
Value: £798,391
Fidessa Group (FDSA)
Director name: Mr Chris Aspinwall
Amount sold: 34,145 @ 1,773.00p
Value: £605,391
United Utilities Group (UU.)
Director name: Mr Philip Green
Amount sold: 100,000 @ 588.00p
Value: £588,000
G4S (GFS)
Director name: Mr Trevor Dighton
Amount sold: 147,396 @ 250.16p
Value: £368,726
Sainsbury (J) (SBRY)
Director name: Mr Justin King
Amount sold: 80,723 @ 342.03p
Value: £276,097
Henderson Group (HGG)
Director name: Mr Shirley Garrood
Amount sold: 110,000 @ 166.59p
Value: £183,249
Sainsbury (J) (SBRY)
Director name: Mr Darren M Shapland
Amount sold: 26,582 @ 342.03p
Value: £90,918
Sainsbury (J) (SBRY)
Director name: Mr Michael Andrew Coupe
Amount sold: 9,343 @ 342.03p
Value: £31,956
Sainsbury (J) (SBRY)
Director name: Mr John Rogers
Amount sold: 3,838 @ 342.03p
Value: £13,127
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