News

Goals Soccer, providers of five-a-side football centres, has witnessed fairly rapid growth since floating nearly two years ago.

Shares in the group have soared by more than 300% since flotation on the back of its continued expansion policy and are now touching on record highs, in spite of the stock market volatility this summer.

Following the recovery over the last few months, managing director Keith Rogers has chosen to bank some profits in the firm selling 1m shares at 270p per share netting £2.7m in the process.

While the sale equates to 2.4% of the company, Rogers still has a holding of 4m shares (9.7% of the issued share capital) and has promised not to sell any more for the next 12 months.

Similarly IG Group, the spread betting firm, has also seen a large sale by a director as the shares touch on record highs, just months after three other directors disposed large tranches of shares.

Jonathan R Davie, non-executive chairman, has sold 290,000 shares at a price of 262p per share netting £761,000. The sale still leaves him with a healthy holding of 1.5m shares.

That follows the spate of sales in July this year when chief executive Nathaniel le Roux sold 10m shares, chief operating officer Peter Hetherington sold 3.8m and finance director Tim Howkins sold 1.5m.
Top Director Buys

Biocompatibles International (BII)
Director name: Mr Gerry Brown
Amount purchased: 20,000 @ 143.00p
Value: £28,600

Sefton Resources (SER)
Director name: Mr Jeremy H Delmar-Morgan
Amount purchased: 333,333 @ 6.00p
Value: £20,000

Artisan (ART)
Director name: Mr Michael Stevens
Amount purchased: 500,000 @ 3.50p
Value: £17,500

Cadbury Schweppes (CBRY)
Director name: Mr Roger Carr
Amount purchased: 2,197 @ 564.00p
Value: £12,391
Top Director Sells

Goals Soccer Centres (GOAL)
Director name: Mr Keith Rogers
Amount sold: 1,000,000 @ 270.00p
Value: £2,700,000

IG Group Holdings (IGG)
Director name: Mr Jonathan R Davie
Amount sold: 290,800 @ 262.00p
Value: £761,896

Barratt Developments (BDEV)
Director name: Mr Geoff K Hester
Amount sold: 57,000 @ 1,072.09p
Value: £611,091

Capital and Regional (CAL)
Director name: Mr Ken Ford
Amount sold: 37,437 @ 1,188.00p
Value: £444,752

Dairy Farm Intl (DFI)
Director name: Mr Edward Y C Chan
Amount sold: 20,700 @ $3.18
Value: $65,826