Director dealings: Just Group CEO makes share sale

Just Group revealed on Thursday that chief executive David Richardson had disposed of 122,984 ordinary shares in the FTSE 250-listed financial services group.

Richardson, who was appointed group CEO in September, sold the shares on Wednesday at an average price of 57.92p each, for a total value of £71,232.34.

Just Group's CEO had been awarded the shares following the exercise of an award granted under the company's long term incentive plan.

Last month, Just Group said its solvency ratio had dropped in April as a result of falling interest rates as governments grappled with the economic fallout of the coronavirus pandemic.

Just Group posted a three point drop in its Solvency II coverage ratio, which dictates the amount of capital an insurer must hold to reduce the risk of insolvency, to 138% as central banks across the globe cut interest rates to near-zero as part of an effort to stimulate their economies amid the Covid-19 pandemic.

As of 1630 BST, Just Group shares were down 2.41% at 56.75p.

Top Director Buys

Jardine Matheson Holdings Ltd (singapore Reg) (JAR)
Director name: Parr,Jeremy Glyn
Amount purchased: 12,000 @ $42.66
Value: $511,920.00

Ocean Outdoor Limited Npv (di) (OOUT)
Director name: Bourkoff,Aryeh B
Amount purchased: 56,000 @ $6.20
Value: $347,199.99

Jardine Matheson Holdings Ltd (singapore Reg) (JAR)
Director name: Parr,Jeremy Glyn
Amount purchased: 3,000 @ 4,319.00p
Value: £157,129.53

Syncona Limited Npv (SYNC)
Director name: Reverberi,Gian Piero
Amount purchased: 17,399 @ 222.50p
Value: £38,712.77

Renold (RNO)
Director name: Purcell,Robert
Amount purchased: 250,000 @ 10.00p
Value: £25,000.00

M&g (MNG)
Director name: Tosato,Massimo
Amount purchased: 15,000 @ 162.50p
Value: £24,375.00

Air Partner (AIR)
Director name: Estell,Joanne
Amount purchased: 26,667 @ 75.00p
Value: £20,000.25

M&g (MNG)
Director name: Tosato,Massimo
Amount purchased: 10,000 @ 165.50p
Value: £16,550.00

M&g (MNG)
Director name: Tosato,Massimo
Amount purchased: 10,000 @ 165.10p
Value: £16,510.00

M&g (MNG)
Director name: Tosato,Massimo
Amount purchased: 10,000 @ 163.50p
Value: £16,350.00

M&g (MNG)
Director name: Tosato,Massimo
Amount purchased: 9,000 @ 165.10p
Value: £14,859.00

Syncona Limited Npv (SYNC)
Director name: Reverberi,Gian Piero
Amount purchased: 4,701 @ 221.50p
Value: £10,412.71

M&g (MNG)
Director name: Tosato,Massimo
Amount purchased: 6,000 @ 161.93p
Value: £9,715.80

Renold (RNO)
Director name: Purcell,Robert
Amount purchased: 50,000 @ 9.70p
Value: £4,850.00

Syncona Limited Npv (SYNC)
Director name: Reverberi,Gian Piero
Amount purchased: 1,900 @ 222.00p
Value: £4,218.00

Coca-cola Hbc Ag (cdi) (CCH)
Director name: Bogdanovic,Zoran
Amount purchased: 188 @ 2,128.78p
Value: £4,000.56

Informa (INF)
Director name: Wright,Gareth
Amount purchased: 362 @ 497.19p
Value: £1,799.83

Informa (INF)
Director name: Carter,Stephen A
Amount purchased: 362 @ 497.19p
Value: £1,799.83

M&g (MNG)
Director name: Tosato,Massimo
Amount purchased: 1,000 @ 163.00p
Value: £1,630.00

Renold (RNO)
Director name: Purcell,Robert
Amount purchased: 105,263 @ 0.95p
Value: £1,000.00

Anglo American (AAL)
Director name: Cutifani,Mark
Amount purchased: 9 @ 1,760.00p
Value: £158.40

Anglo American (AAL)
Director name: Pearce,Stephen
Amount purchased: 9 @ 1,760.00p
Value: £158.40

Anglo American (AAL)
Director name: O'Neill ,Tony
Amount purchased: 9 @ 1,760.00p
Value: £158.40

Informa (INF)
Director name: Carter,Stephen A
Amount purchased: 1 @ 393.33p
Value: £3.93

Top Director Sells

Just Group (JUST)
Director name: Richardson,David
Amount sold: 122,984 @ 57.92p
Value: £71,232.34