(Sharecast News) - Funding Circle revealed on Monday that non-executive director Samir Desai had disposed of 4.0m ordinary shares in the London-listed lending platform operator.

Desai, who founded Funding Circle, sold the shares on Friday at an average price of 125.0p each, for a total value of £5.0m.

As of 1600 BST, Funding Circle shares were up 3.83% at 135.50p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

M&c Saatchi (SAA)

Director name: Al-Qassab,Zaid

Amount purchased: 53,541 @ 186.75p

Value: £99,987.81

M&c Saatchi (SAA)

Director name: Fuller,Simon

Amount purchased: 36,043 @ 180.30p

Value: £64,985.53

Mortgage Advice Bureau (holdings) (MAB1)

Director name: Thompson,Ben

Amount purchased: 3,333 @ 600.00p

Value: £19,998.00

Optima Health (OPT)

Director name: Thomas,Jonathan

Amount purchased: 13,328 @ 150.00p

Value: £19,992.00

Tufton Oceanic Assets Limited Npv (SHIP)

Director name: Barnes,Paul

Amount purchased: 14,000 @ 96.99p

Value: £16,467.11

Tufton Oceanic Assets Limited Npv (SHIP)

Director name: Rødsæther,Christine

Amount purchased: 10,000 @ $1.30

Value: $13,000.00

Foxtons Group (FOXT)

Director name: Rich CBE,Nigel

Amount purchased: 19,898 @ 62.50p

Value: £12,436.25

Tufton Oceanic Assets Limited Npv (SHIP)

Director name: King,Robert P.

Amount purchased: 9,190 @ $1.30

Value: $11,927.61

Great Portland Estates (GPE)

Director name: Nicholson,Dan

Amount purchased: 3,040 @ 359.80p

Value: £10,937.92

Diversified Energy Company (DEC)

Director name: Kerrigan,Sylvia

Amount purchased: 1,020 @ $11.50

Value: $9,672.63

Flowtech Fluidpower (FLO)

Director name: McDowell,Roger

Amount purchased: 10,000 @ 90.00p

Value: £9,000.00

Tufton Oceanic Assets Limited Npv (SHIP)

Director name: Page,Stephen Le

Amount purchased: 5,650 @ $1.30

Value: $7,373.25

Tufton Oceanic Assets Limited Npv (SHIP)

Director name: Noury,Trina Le

Amount purchased: 5,349 @ $1.30

Value: $6,942.52

K3 Business Technology Group (KBT)

Director name: Scott,Oliver Rupert Andrew

Amount purchased: 8,576 @ 70.14p

Value: £6,015.21

Malvern International (MLVN)

Director name: Carroll,Alan

Amount purchased: 30,750 @ 19.01p

Value: £5,845.57

Pharos Energy (PHAR)

Director name: Roe,Katherine

Amount purchased: 5,956 @ 24.72p

Value: £1,472.43

Top Director Sells

Funding Circle Holdings (FCH)

Director name: Desai,Samir

Amount sold: 4,000,000 @ 125.00p

Value: £5,000,000.00

Malvern International (MLVN)

Director name: Carroll,Alan

Amount sold: 30,750 @ 19.00p

Value: £5,842.50