Directors Deals 

A mere bagatelle for Dart chairman

A mere bagatelle for Dart chairman

Timing is everything. Philip Meeson, executive chairman of Dart Group (DTG), hived off 700,000 shares via two tranches in the package holidays business at the end of its close period at an average price of 866p a share – in line with the 12-month average, but in advance of the 200-day moving average. The share price has subsequently pulled back by 9.3 per cent, but we shouldn’t read too much into Mr Meeson’s apparent prescience in this matter given he still holds around 37 per cent of the company’s shares. Ergo, the £6.06m raised from the sales pales in comparison with his residual holding.

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