Chief executive Mark Lancaster sold 750,000 shares in SDL International to raise money to purchase a property. Christophe A Evain bought 366,300 shares in Intermediate Capital Group and Jaspal Bindra made over £1.4m selling nearly 80,000 shares in banking firm Standard Chartered.

Mark Lancaster is chairman and chief executive of SDL International and sold more than a half of his stock in the company on Friday. By selling 750,000 shares and receiving 540p per share, Lancaster raised a total of £4.05m; money which he said would be used to purchase a property. The company is performing better than its marketing would suggest according to Gartner and KBC Peel Hunt raised their forecast for SDL International shares to 347p. The current price is 553.00p per share, which is down 0.72% for the day.

CEO Christope A Evain increased his shareholding in finance provider Intermediate Capital Group by more than £1m. He bought 366,300 shares at 284.00p; a deal with totalled £1.04m and takes Evain’s total shareholding in the company up to 775,650. At today’s price of 288.60p which includes an increase of 1.12% for the day this puts the value of his stock at £2.2m.

Group Executive Director Jaspal Bindra sold over half of his shares in Standard Chartered. He sold 78,991 shares at 1,828.13p each raising more than £1.4m in the process. This leaves Bindra with 51,288 shares. Today’s share price for Standard Chartered is down 0.61% to 1,859.00p.

Recent Director Buys

Intermediate Capital Group (ICP) Director name: Mr Christophe A Evain
Amount sold: 366,300 @ 284.00p
Value: £1,040,292

Recent Director Sells

SDL International (SDL) Director name: Mr Mark J Lancaster
Amount sold: 750,000 @ 540.00p
Value: £4,050,000

Standard Chartered (STAN) Director name: Mr Jaspal Bindra
Amount sold: 78,991 @ 1,828.13p
Value: £1,444,058