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Director dealings: Card Factory CFO sells major chunk

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Director dealings: Card Factory CFO sells major chunk

Thu, 01 June 2017
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Director dealings: Card Factory CFO sells major chunk

(ShareCast News) - Card Factory's finance director Darren Bryant and his family sold £13.2m of shares in the greetings card retailer as they regained a 12-month high.
In aggregate, the Bryants sold 4m shares: 1.3m under Bryant's name, 1.3m under his wife's and 1.4m held by a family trust, all at a price of 329p.

Following the sale, his beneficial interest was 1.78m shares, just over 0.5% of the company's shares in issue.

Two weeks before, the FTSE 250 group hailed "a good start to the year" as it said first-quarter like-for-like store sales were at the upper end of its targeted range of 1% to 3% growth.

Chief executive officer Karen Hubbard said: "We have had a good start to the year with like-for-like store sales at the upper end of our targeted range. Our store opening programme remains on track and we are pleased with the performance of this year's openings, including strong initial sales from the increased proportion of openings in retail parks."



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Mothercare (MTC)
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Arrow Global Group (ARW)
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Card Factory (CARD)
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Mothercare (MTC)
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