Director dealings: Vitec CEO lowers stake

Vitec Group revealed on Monday that chief executive Stephen Bird had disposed of 125,000 ordinary shares in the London-listed video streaming solutions provider.

Bird, who took over as CEO back in 2009, sold the shares on Friday at an average price of 1,560.0p each, for a total value of £1.95m.

Following the sale, Vitec's CEO holds 192,957 ordinary shares in the company.

Earlier in May, Vitec shares soared to a record after the camera equipment company said it expected annual profit to be well above expectations.

The company said trading performance had improved faster than it expected even though some markets, particularly production sets in the US were not fully open and it was expecting some component shortages and capacity constraints.

As of 1625 BST, Vitec shares were down 2.68% at 1,450.0p.

Top Director Buys

Aston Martin Lagonda Global Holdings (AML)
Director name: Picciotto,Michael de
Amount purchased: 50,000 @ 1,848.35p
Value: £924,174.98

Icg Enterprise Trust (ICGT)
Director name: Tufnell ,Jane
Amount purchased: 10,000 @ 1,085.00p
Value: £108,500.00

Jersey Oil And Gas (JOG)
Director name: Thomas,Les
Amount purchased: 25,000 @ 159.25p
Value: £39,812.50

Judges Scientific (JDG)
Director name: Kodituwakku,Lushani
Amount purchased: 325 @ 6,175.00p
Value: £20,068.75

Tissue Regenix Group (TRX)
Director name: Cocke,David
Amount purchased: 2,821,000 @ 0.64p
Value: £18,054.40

Mj Hudson Group Npv (MJH)
Director name: Hudson,Matthew Donald
Amount purchased: 31,250 @ 47.00p
Value: £14,687.50

Mj Hudson Group Npv (MJH)
Director name: Connell,Peter
Amount purchased: 20,948 @ 47.50p
Value: £9,950.30

Jersey Oil And Gas (JOG)
Director name: Stanton,Marcus John Gregory
Amount purchased: 6,060 @ 156.90p
Value: £9,508.14

Diageo (DGE)
Director name: Ferrán,Javier
Amount purchased: 254 @ 3,258.00p
Value: £8,275.32

Intercede Group (IGP)
Director name: Leest ,Klaas van der
Amount purchased: 3,600 @ 100.00p
Value: £3,600.00

Intercede Group (IGP)
Director name: Walker,Andrew John
Amount purchased: 3,600 @ 100.00p
Value: £3,600.00

Cmc Markets (CMCX)
Director name: Fineberg,David
Amount purchased: 64 @ 472.59p
Value: £302.46

Cmc Markets (CMCX)
Director name: Marshall,Euan
Amount purchased: 64 @ 472.59p
Value: £302.46

Top Director Sells

Vitec Group (VTC)
Director name: Bird,Stephen
Amount sold: 125,000 @ 1,560.00p
Value: £1,950,000.05

Sainsbury (j) (SBRY)
Director name: Roberts,Simon
Amount sold: 131,687 @ 246.71p
Value: £324,884.99

Itv (ITV)
Director name: Mullins,Kyla
Amount sold: 260,726 @ 124.60p
Value: £324,864.61

Sainsbury (j) (SBRY)
Director name: O'Byrne,Kevin
Amount sold: 74,824 @ 246.71p
Value: £184,598.28

Sainsbury (j) (SBRY)
Director name: Roberts,Simon
Amount sold: 63,848 @ 246.71p
Value: £157,519.39

Adriatic Metals (ADT1)
Director name: Eyre,Geoff
Amount sold: 125,000 @ $2.31
Value: $152,834.46

Jersey Oil And Gas (JOG)
Director name: Stanton,Marcus John Gregory
Amount sold: 6,060 @ 156.90p
Value: £9,508.14