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10 May 2021 | 15:47

Director dealings: Vitec CEO lowers stake

(Sharecast News) - 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

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