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Marvinwood director sells again

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Date: Wednesday 25 Apr 2007

LONDON (ShareCast) - Stephen Watkins, non-executive director of Marvinwood, has sold 2.7m shares in the support service firm at 17p each, netting him £459,000.

Watkins, who offloaded 200,800 shares worth £37,750 last week, now holds 9.6m shares representing about 2.1% of the company, which has seen its value rise over 23% since the start

In the group’s AGM statement today, chairman Philip Reid said, “2007 has started well and results for the first quarter were in line with management's expectations. The outlook for the rest of the year is encouraging.”


Top Director Buys

Lavendon Group (LVD)
Director name: Mr Maarten Mijnlieff
Amount purchased: 315,161 @ 400.00p
Value: £1,260,644

Celtic (CCP)
Director name: Mr Thomas E Allison
Amount purchased: 125,000 @ 57.00p
Value: £71,250

John Menzies (MNZS)
Director name: Mr David Coltman
Amount purchased: 10,000 @ 543.00p
Value: £54,300

John Menzies (MNZS)
Director name: Mr David Coltman
Amount purchased: 10,000 @ 543.00p
Value: £54,300

A&J Mucklow (MKLW)
Director name: Mr Rupert J Mucklow
Amount purchased: 10,000 @ 443.00p
Value: £44,300

Dialight (DIA)
Director name: Mr Robert C H Jeens
Amount purchased: 20,000 @ 165.00p
Value: £33,000

Kirkland Lake Gold (KGI)
Director name: Mr George A Milton
Amount purchased: 5,400 @ 580.34p
Value: £31,338

Puricore (PURI)
Director name: Mr Joseph William Birkett
Amount purchased: 50,000 @ 58.00p
Value: £29,000

W H Ireland (WHI)
Director name: Mr Roger Lane-Smith
Amount purchased: 15,000 @ 142.00p
Value: £21,300

Tepnel Life Sciences (TED)
Director name: Mr Alec Craig
Amount purchased: 225,000 @ 8.75p
Value: £19,688


Top Director Sells

Mavinwood (MVW)
Director name: Mr Stephen Watkins
Amount sold: 2,700,000 @ 17.00p
Value: £459,000

Whitbread (WTB)
Director name: Mrs Angie Risley
Amount sold: 16,320 @ 1,903.00p
Value: £310,570

Balfour Beatty (BBY)
Director name: Mr Anthony L P Rabin
Amount sold: 57,898 @ 482.37p
Value: £279,283

Balfour Beatty (BBY)
Director name: Mr Peter J L Zinkin
Amount sold: 45,192 @ 482.37p
Value: £217,993

Eco Chemical Enterprises (ECOP)
Director name: Mr Richard B Farleigh
Amount sold: 7,500 @ 164.17p
Value: £12,313