Director dealings: Derwent London chairman makes share sale
Derwent London revealed on Tuesday that chairman John Burns had disposed of 163,000 ordinary shares in the FTSE 250-listed property investor and developer.
Burns, who was appointed to the board of Derwent way back in 1984, sold the shares on Monday at an average price of 3,289.26p each, for a total value of £5.36m.
Earlier in November, Derwent said rent collections had improved as it commissioned designers to start work on a major project in London's Baker Street.
Derwent stated office rent collections for the September quarter had risen to 89% from 83% in mid-October and total rent collection had improved to 86% from 80%
As of 1600 GMT, Derwent shares were down 1.03% at 3,276.0p.
Top Director Buys
Burberry Group (BRBY)
Director name: Arredondo,Fabiola R
Amount purchased: 22,500 @ 1,637.83p
Value: £368,511.74
Volex (VLX)
Director name: Rothschild,Nathaniel
Amount purchased: 100,000 @ 253.00p
Value: £253,000.00
Aveva Group (AVV)
Director name: Kidd ,James
Amount purchased: 5,506 @ 4,169.00p
Value: £229,545.13
Iq-ai Limited (IQAI)
Director name: Brown ,Trevor
Amount purchased: 11,000,000 @ 2.00p
Value: £220,000.00
Ncondezi Energy Limited (di) (NCCL)
Director name: Fletcher,Scott
Amount purchased: 2,200,000 @ 4.79p
Value: £105,380.00
Iq-ai Limited (IQAI)
Director name: Brown ,Trevor
Amount purchased: 3,566,667 @ 1.50p
Value: £53,500.00
Dunedin Enterprise Investment Trust (DNE)
Director name: Finlayson,Brian
Amount purchased: 12,000 @ 333.30p
Value: £39,996.00
Aggreko (AGK)
Director name: Marchant,Ian
Amount purchased: 5,000 @ 593.00p
Value: £29,650.00
Pittards (PTD)
Director name: Cretton,Louise M
Amount purchased: 13,157 @ 38.00p
Value: £4,999.66
Pittards (PTD)
Director name: Briere,Richard
Amount purchased: 10,000 @ 38.00p
Value: £3,800.00
Pittards (PTD)
Director name: Hankey,Reg H
Amount purchased: 10,000 @ 38.00p
Value: £3,800.00
Bae Systems (BA.)
Director name: Woodburn,Charles
Amount purchased: 32 @ 475.06p
Value: £152.02
Bae Systems (BA.)
Director name: Greve,Brad
Amount purchased: 32 @ 475.06p
Value: £152.02
Nucleus Financial Group (NUC)
Director name: Ferguson,David Ritchie
Amount purchased: 128 @ 116.90p
Value: £149.63
Severfield (SFR)
Director name: Cochrane,Ian
Amount purchased: 198 @ 63.25p
Value: £125.23
Severfield (SFR)
Director name: Dunsmore,Alan
Amount purchased: 198 @ 63.25p
Value: £125.23
Victrex Plc (VCT)
Director name: Court ,Martin
Amount purchased: 6 @ 2,026.00p
Value: £121.56
Top Director Sells
Derwent London (DLN)
Director name: Burns,John David
Amount sold: 163,000 @ 3,289.26p
Value: £5,361,487.13
Remote Monitored Systems (RMS)
Director name: Ryan ,Paul
Amount sold: 41,772,272 @ 5.01p
Value: £2,092,790.77
Oxford Instruments (OXIG)
Director name: Hill,Gavin
Amount sold: 5,500 @ 1,965.29p
Value: £108,090.95