Director dealings: Schroders chairman makes share sale

Schroders revealed on Monday that chairman Michael Dobson had disposed of 12,624 ordinary shares in the FTSE 100-listed asset manager.

Dobson, who has been a member of Schroder's board since 2001, sold the shares on Friday at an average price of 3,550.0p each, for a total value of £448,152.

On Thursday, news broke that Schroders was working with a partner earlier in the year to consider a breakup of M&G by splitting its asset management operations from its pension and insurance unit.

It was understood that Schroders recently ditched the idea after deciding that M&G would be too expensive.

As of 1625 BST, Schroders shares were down 0.23% at 3,533.0p.

Top Director Buys

Bt Group (BT.A)
Director name: Jansen ,Philip
Amount purchased: 1,250,000 @ 163.00p
Value: £2,037,499.99

Polar Capital Holdings (POLR)
Director name: Rochussen,Gavin
Amount purchased: 28,167 @ 750.00p
Value: £211,252.50

Jpmorgan Global Growth & Income (JGGI)
Director name: Hillgarth,Tristan Patrick
Amount purchased: 45,000 @ 426.00p
Value: £191,700.01

Polar Capital Holdings (POLR)
Director name: Mansell,John
Amount purchased: 22,131 @ 750.00p
Value: £165,982.50

John Laing Group (JLG)
Director name: Loomes ,Ben
Amount purchased: 8,785 @ 283.00p
Value: £24,861.55

System1 Group (SYS1)
Director name: Howell,Rupert
Amount purchased: 10,000 @ 230.00p
Value: £23,000.00

Iomart Group (IOM)
Director name: Donovan,Reece
Amount purchased: 7,500 @ 266.00p
Value: £19,950.00

S4 Capital (SFOR)
Director name: Spirit,Scott
Amount purchased: 3,886 @ 509.00p
Value: £19,779.74

Corcel (CRCL)
Director name: Kaintz,Scott Christopher
Amount purchased: 471,698 @ 2.12p
Value: £10,000.00

John Laing Group (JLG)
Director name: Loomes ,Ben
Amount purchased: 3,562 @ 279.00p
Value: £9,937.98

John Laing Group (JLG)
Director name: Loomes ,Ben
Amount purchased: 3,487 @ 285.00p
Value: £9,937.95

Victrex Plc (VCT)
Director name: Court ,Martin
Amount purchased: 415 @ 2,164.00p
Value: £8,980.60

Corcel (CRCL)
Director name: Kaintz,Scott Christopher
Amount purchased: 235,779 @ 2.13p
Value: £5,010.30

M&g (MNG)
Director name: Adamson,Clive
Amount purchased: 500 @ 236.50p
Value: £1,182.50

Sthree (STEM)
Director name: Smith,Alex
Amount purchased: 57 @ 399.84p
Value: £227.91

Top Director Sells

Polar Capital Holdings (POLR)
Director name: Mansell,John
Amount sold: 426,766 @ 750.00p
Value: £3,200,745.00

Schroders (SDR)
Director name: Dobson,Michael W R
Amount sold: 12,624 @ 3,550.00p
Value: £448,152.00

Cap-xx Limited (CPX)
Director name: Kongats,Anthony P A
Amount sold: 447,627 @ 8.50p
Value: £38,048.30

Vertu Motors (VTU)
Director name: Crane,David
Amount sold: 51,192 @ 46.00p
Value: £23,548.32

Cap-xx Limited (CPX)
Director name: Kongats,Anthony P A
Amount sold: 156,737 @ 8.60p
Value: £13,479.38

Cap-xx Limited (CPX)
Director name: Ferguson Grey,Bruce
Amount sold: 130,558 @ 8.50p
Value: £11,097.43

Cap-xx Limited (CPX)
Director name: Elliot,Patrick
Amount sold: 74,604 @ 8.50p
Value: £6,341.34

Cap-xx Limited (CPX)
Director name: Ferguson Grey,Bruce
Amount sold: 45,715 @ 8.60p
Value: £3,931.49

Cap-xx Limited (CPX)
Director name: Elliot,Patrick
Amount sold: 26,123 @ 8.60p
Value: £2,246.58