Michael Jackson, the chairman of Newcastle-based software group Sage, has
cashed in on £236,000 after selling shares he held in the company.
Jackson sold 100,000 shares at a price of 236p.
Jackson’s decision to sell is in direct contrast to Sir Julian Horn-Smith, a
non-executive director at Sage, who last month spent £225,000 on buying exactly
the same number of shares at 225p per share.
In its most recent full year results Sage unveiled a slowdown in organic
growth, to 5% from 6% previously.
This disappointed the market despite Sage easily beating expectations with
pre-tax profits up 19% on last year at £113.7m.
Mark McMullen joins the private client services team from Smith & Williamson
Merger between Clear & Lane Chartered Accountants and Magma Chartered Accountants was finalised on 3 February
BDO has taken its new partner intake to 23 during the first half of its financial year, including the appointment of five partners in five weeks
The firm reports 7.6% global fee income growth for the year ending 31 December 2016