Director Dealings - News

LONDON (ShareCast) - Tom Grace, senior independent director of Paddy Power (Dublin: PLS.IR - news) , has cut his stake in the Irish bookie, which has seen a rally in the share price since February.

Grace, a former Irish rugby international and the treasurer of the Irish Rugby Football Union, sold €165,000 worth at €10 per share. Grace joined the Paddy Power board in 2006. Paddy Power's share price has picked up after an upbeat trading statement in May.

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Spirax-Sarco Engineering (SPX (NYSE: SPW - news) ) Director name: Mr Mark Vernon Amount purchased: 5,000 @ 755.50p Value: £37,775

Legal & General Group (LGEN) Director name: Mr Rudy Markham Amount purchased: 40,000 @ 62.40p Value: £24,960

Top Director Sells

RSA Insurance Group (RSA) Director name: Mr Andrew K Haste Amount sold: 1,323,529 @ 120.90p Value: £1,600,147

RSA Insurance Group (RSA) Director name: Mr George Culmer Amount sold: 673,870 @ 120.90p Value: £814,709

RSA Insurance Group (RSA) Director name: Mr Simon P G Lee Amount sold: 475,901 @ 120.90p Value: £575,364

RSA Insurance Group (RSA) Director name: Mr Mark Richard Chambers Amount sold: 409,610 @ 120.90p Value: £495,218

IFG Group (Dublin: IJG.IR - news) (IFP) Director name: Mr Declan Kenny Amount sold: 250,000 @ 72.34p Value: £180,850

Paddy Power (PAP) Director name: Mr Tom Grace Amount sold: 10,000 @ € 16.50 Value: € 165,000

Man Group (LSE: EMG.L - news) (EMG) Director name: Mr Peter Lawrence Clarke Amount sold: 54,734 @ 283.00p Value: £154,897

RSA Insurance Group (RSA) Director name: Mr Adrian Brown Amount sold: 109,678 @ 120.90p Value: £132,601

JSM Indochina (LSE: JSM.L - news) (JSM) Director name: Mr Craig D Jones Amount sold: 200,000 @ $0.56 Value: $112,800