Director dealings: British Land CEO sells down, Ashley settles more Frasers options

Frasers Group was once again on both sides of the ledger on Thursday, after Mike Ashley exercised and settled a number of put options, and purchased further derivatives.

The retailer said put options sold by Ashley over 150,000 of its shares, with a strike price of 900p and an expiry of September, had been exercised and were settled through the purchase of derivatives equivalent to 150,000 shares.

It said Ashley also purchased further derivatives equivalent to 100,000 of its shares.

The firm also disclosed that MASH Holdings - a company through which Mike Ashley held shares - sold share-settled put options over 800,000 shares equivalent, with a strike price of 800p and an expiry of September.

Elsewhere, British Land disclosed the sale of more than 42,000 shares by its chief executive officer on 24 May.

The company said Simon Carter sold the shares in three tranches, with the first consisting of 8,967 shares at a price of 356.85p.

It said the second tranche was of 16,789 shares at 357.37p apiece, and the third and final tranche saw 16,836 shares sold for 356.37p each.

At 1614 BST, shares in British Land were down 0.39% at 355.2p, while those in Frasers Group were 3.61% weaker at 680p.

Reporting by Josh White for Sharecast.com.

DIRECTOR SELLS

Company: Frasers Group
Name: MASH Holdings
Volume: 800,000
Price: 800p
Value: £6,400,000.00

Company: London Stock Exchange Group
Name: York Holdings II
Volume: 19,484
Price: 8,300.79p
Value: £1,617,325.92

Company: Tesco
Name: Adrian Morris
Volume: 590,898
Price: 267.97p
Value: £1,583,399.83

Company: Frasers Group
Name: Michael Ashley
Volume: 150,000
Price: 900p
Value: £1,350,000.00

Company: Tesco
Name: Jason Tarry
Volume: 188,417
Price: 267.56p
Value: £504,126.64

Company: Tesco
Name: Christine Heffernan
Volume: 175,000
Price: 265.1p
Value: £463,925.00

Company: Tesco
Name: Alessandra Bellini
Volume: 161,923
Price: 266.94p
Value: £432,229.16

Company: Tesco
Name: Gerry Mallon
Volume: 150,000
Price: 266.68p
Value: £400,015.50

Company: Tesco
Name: Adrian Morris
Volume: 143,711
Price: 267.53p
Value: £384,471.48

Company: Unilever
Name: Sanjiv Mehta
Volume: 7,976
Price: 4,278.17p
Value: £341,226.58

Company: Imperial Brands
Name: Alison Clarke
Volume: 7,183
Price: 1,799.41p
Value: £129,251.97

Company: Energean
Name: Nick Witney
Volume: 3,670
Price: 1,130.4p
Value: £41,485.68

Company: BT Group
Name: Harmeen Mehta
Volume: 25,850
Price: 146p
Value: £37,741.00

Company: Harbour Energy
Name: Linda Z Cook
Volume: 6,352
Price: 244.1p
Value: £15,505.23

DIRECTOR BUYS

Company: Frasers Group
Name: Michael Ashley|
Volume: 150,00
Price: 901p
Value: £1,351,500.00

Company: Frasers Group
Name: Michael Ashley
Volume: 100,000
Price: 706p
Value: £706,000.00

Company: Ninety One
Name: Forty Two Point Two
Volume: 110,000
Price: 164p
Value: £180,400.00

Company: VinaCapital Vietnam Opportunity Fund
Name: Asia Investment and Finance
Volume: 28,096
Price: 429.13p
Value: £120,567.10

Company: Aviva
Name: Kristine Cooper
Volume: 23,225
Price: 426.29p
Value: £99,005.67

Company: Ninety One
Name: Forty Two Point Two
Volume: 44,011
Price: 162p
Value: £71,297.82

Company: British Land Company
Name: Simon Carter
Volume: 16,789
Price: 357.37p
Value: £59,998.85

Company: British Land Company
Name: Simon Carter
Volume: 16,836
Price: 356.37p
Value: £59,998.45

Company: Aviva
Name: Adam Winslow
Volume: 9,933
Price: 426.29p
Value: £42,343.31

Company: Aviva
Name: Jason Storah
Volume: 9,866
Price: 426.29p
Value: £42,057.69

Company: SSE
Name: John Bason
Volume: 2,117
Price: 1,889.45p
Value: £39,999.66

Company: British Land Company
Name: Simon Carter
Volume: 8,967
Price: 356.85p
Value: £31,998.74

Company: Aviva
Name: Douglas Brown
Volume: 4,227
Price: 426.29p
Value: £18,019.24

Company: Aviva
Name: Mark Verse
Volume: 3,590
Price: 426.29p
Value: £15,303.78

Company: Aviva
Name: Michael Craston
Volume: 1,494
Price: 426.29p
Value: £6,368.76

Company: Ninety One
Name: Forty Two Point Two
Volume: 2,338
Price: 165p
Value: £3,857.70

Company: Centrica
Name: Amber Rudd
Volume: 2,105
Price: 115.91p
Value: £2,439.97

Company: Aviva
Name: Philippa Lambert
Volume: 402
Price: 426.29p
Value: £1,713.68

Company: Aviva
Name: Mark Versey
Volume: 288
Price: 423.12p
Value: £1,218.57

Company: Aviva
Name: Kristine Cooper
Volume: 225
Price: 423.12p
Value: £952.01

Company: Aviva
Name: Douglas Brown
Volume: 66
Price: 423.12p
Value: £279.26

Company: Aviva
Name: Adam Winslow
Volume: 63
Price: 423.12p
Value: £266.56

Company: Aviva
Name: Jason Storah
Volume: 47
Price: 423.12p
Value: £198.86

Company: Quilter
Name: Penny Cole
Volume: 56
Price: 84.55p
Value: £47.35

Company: Quilter
Name: Stephen Gazard
Volume: 56
Price: 84.55p
Value: £47.35

Company: Quilte
Name: Steven Levin
Volume: 56
Price: 84.55p
Value: £47.35

Company: Quilter
Name: Andy McGlone
Volume: 56
Price: 84.55p
Value: £47.35

Company: Quilter
Name: Nick Sacre-Hardy
Volume: 56
Price: 84.55p
Value: £47.35

Company: Quilter
Name: Mark Satchel
Volume: 56
Price: 84.55p
Value: £47.35