Directors Deals 

Ashtead directors sell on momentum

Ashtead directors sell on momentum

Shares in Ashtead (AHT) have enjoyed a storming run during the past four months, so it’s understandable that shareholders want to bank some gains. Certainly, some of the tool hire group’s directors think it's an opportune time to sell down part of their stakes. Chief executive Geoff Drabble disposed of more than £19m in shares, leaving him with a 0.079 per cent stake in the group. On the same day, finance director Suzanne Wood and Sunbelt divisional boss Brendan Horgan sold almost £3m and £3.6m in shares, respectively.

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