Pace's CEO sells £1.13m worth in shares
Pace's chief executive sold £1.13m worth in shares on Tuesday, one week after the group reported it had agreed to a £1.4bn takeover by Arris.
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Pace
415.40p
17:15 23/12/15
Technology Hardware & Equipment
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16:30 11/04/24
Mike Pulli sold 256,522 shares for 441.6p each, pocketing a total of £1,132,852.
UK cable television set-top box maker said last Thursday it has agreed to a takeover by Arris, a telecommunications equipment manufacturer.
Chairman Allan Leighton, who revealed he will step down of the board when Arris takes over, said at the time: "The combination of the complementary Arris and Pace businesses will create a platform for future growth above and beyond our standalone potential.
"We believe this is a great fit for both companies, our employees, customers and trading partners."
Top Director Buys
DFS Furniture (DFS)
Director name: Mr Luke Mayhew
Amount purchased: 15,900 @ 276.80p
Value: £44,011
Matomy Media Group Limited (DI) (MTMY)
Director name: Mr Ilan Shiloah
Amount purchased: 11,500 @ 145.00p
Value: £16,675
Top Director Sells
Pace (PIC)
Director name: Mr Mike Pulli
Amount sold: 256,522 @ 441.62p
Value: £1,132,852
Legal & General Group (LGEN)
Director name: Mr John Pollock
Amount sold: 70,566 @ 263.40p
Value: £185,871
Legal & General Group (LGEN)
Director name: Dr Nigel Wilson
Amount sold: 68,125 @ 263.40p
Value: £179,441
Dairy Farm International Holdings Ltd. (Singapore) (DFI)
Director name: Mr Michael Kok
Amount sold: 13,600 @ $9.42
Value: $128,149
Legal & General Group (LGEN)
Director name: Mr Mark Gregory
Amount sold: 46,140 @ 263.40p
Value: £121,533
Beazley (BEZ)
Director name: Mr Martin Bride
Amount sold: 37,500 @ 280.34p
Value: £105,127
Legal & General Group (LGEN)
Director name: Mr Mark Zinkula
Amount sold: 35,736 @ 263.40p
Value: £94,129