Director dealings: SEGRO chief executive lowers stake

David Sleath, chief executive officer of property investment and development company SEGRO, released 179,621 shares in the firm that had been awarded to him as part of the group's long-term incentive plan.

Sleath, SEGRO's CEO since 2006, disposed of the shares on Friday with a price tag of 641.84p attached to each one for a total value of £1.15m.

SEGRO reported a strong start to the year back in April, as its first-quarter results showed the firm had secured an unprecedented amount of new headline rent, jumping to £27.3m from the £16.3m reported the year before, a record level for a single quarter.

Top Director Buys

Genel Energy (GENL)

Director name: Mr Martin Gudgeon

Amount purchased: 100,000 @ 230.00p

Value: £230,000

U And I Group (UAI)

Director name: Mr Richard Upton

Amount purchased: 45,992 @ 237.00p

Value: £109,001

Zenith Energy LTD.Com Shs NPV (DI) (ZEN)

Director name: Mr Andrea Cattaneo

Amount purchased: 1,123,068 @ 9.40p

Value: £105,568

Globaldata (DATA)

Director name: Mr Murray Legg

Amount purchased: 8,000 @ 595.00p

Value: £47,600

Direct Line Insurance Group (DLG)

Director name: Ms Jane Hanson

Amount purchased: 11,083 @ 360.90p

Value: £39,999

Top Director Sells

SEGRO (SGRO)

Director name: Mr David J R Sleath

Amount sold: 179,621 @ 641.84p

Value: £1,152,879

Hammerson (HMSO)

Director name: Mr Peter W B Cole

Amount sold: 140,543 @ 554.45p

Value: £779,241

Whitbread (WTB)

Director name: Mr Louise Smalley

Amount sold: 12,429 @ 4,245.00p

Value: £527,611

Hammerson (HMSO)

Director name: Mr David Atkins

Amount sold: 66,506 @ 550.60p

Value: £366,182

Hammerson (HMSO)

Director name: Mr Timon Drakesmith

Amount sold: 45,113 @ 551.30p

Value: £248,708

Direct Line Insurance Group (DLG)

Director name: Ms Jane Hanson

Amount sold: 26,190 @ 359.68p

Value: £94,200

Independent Inv Trust (IIT)

Director name: Mr Douglas Christopher Patrick McDougall

Amount sold: 10,000 @ 750.00p

Value: £75,000

Independent Inv Trust (IIT)

Director name: The Hon Robert J Laing

Amount sold: 10,000 @ 744.00p

Value: £74,400

Independent Inv Trust (IIT)

Director name: The Hon Robert J Laing

Amount sold: 10,000 @ 744.00p

Value: £74,400

Personal Group Holdings (PGH)

Director name: Mr David Walker

Amount sold: 3,594 @ 482.00p

Value: £17,323