Director dealings: Joules founder lowers stake

Joules Group revealed on Wednesday that founder Tom Joules had disposed of 5.25m ordinary shares in the AIM-listed clothing company.

Joule, who started the group by selling clothing on a stand at a country show in Leicestershire back in 1989, sold the shares on Tuesday at an average price of 232.0p each, for a total value of £12.17m.

Following the sale, Joule still retains a 21.8% interest in the company's issued share capital.

Earlier in April, Joules named Caroline York as its new chief financial officer, joining the group from Moneysupermarket, where she currently serves as finance director, no later than September 2021.

As of 1655 BST, Joules shares were up 3.75% at 241.0p.

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Edinburgh Worldwide Inv Trust (EWI)
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Top Director Sells

Joules Group (JOUL)
Director name: Joule,Tom
Amount sold: 5,250,000 @ 232.00p
Value: £12,179,999.65

Gamma Communications (GAMA)
Director name: Stone,Andrew Jonathan
Amount sold: 16,857 @ 1,795.00p
Value: £302,583.16

William Hill (WMH)
Director name: Bengtsson,Ulrik
Amount sold: 89,264 @ 271.90p
Value: £242,708.83

Petrofac Ltd. (PFC)
Director name: Asfari,Ayman
Amount sold: 19,880 @ 125.53p
Value: £24,955.36

Tmt Investments (TMT)
Director name: Selegenev,Alexander
Amount sold: 2,160 @ $9.60
Value: $20,736.00

Tmt Investments (TMT)
Director name: Selegenev,Alexander
Amount sold: 2,000 @ $9.54
Value: $19,083.40

Petrofac Ltd. (PFC)
Director name: Cochran,Alastair
Amount sold: 13,584 @ 125.53p
Value: £17,052.00

Wood Group (john) (WG.)
Director name: Kemp,David
Amount sold: 3,294 @ 264.00p
Value: £8,696.16