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18 Jan 2021 | 16:01

Director dealings: Globaldata CEO lowers stake

(Sharecast News) - Globaldata revealed on Monday that chief executive officer Michael Danson had offloaded 1.0m ordinary shares in the AIM-listed data and analytics firm.

Danson, who founded online information company Datamonitor in 1990, sold the shares last Thursday at an average price of 1,100.0p each, for a total value of £11.0m.

Earlier in January, Globaldata announced some board changes, confirming that Bernard Cragg would stand down as chairman at the close of its April annual general meeting. It also said his successor would be Murray Legg, who would assume the role with effect from the meeting.

As of 1645 GMT, Globaldata shares were up 0.80% at 1,260.0p.

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Top Director Sells

Globaldata (DATA) Director name: Danson,Michael Amount sold: 1,000,000 @ 1,100.00p Value: £11,000,000.00

Polar Capital Holdings (POLR) Director name: Ashford-Russell,Brian J D Amount sold: 70,855 @ 697.59p Value: £494,277.41

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