(Sharecast News) - MJ Gleeson revealed on Friday that non-executive director Christopher Mills had disposed of 300,000 ordinary shares in the London-listed housebuilder.

North Atlantic Smaller Companies Investment Trust, which Mills has a close association with, sold the shares on Tuesday at an average price of 610.0p each, for a total price of £1.82m.

Following the transaction, Mills has a beneficial interest in 6.05m MJ Gleeson shares, representing approximately 10.37% of the company's issued share capital.

As of 1600 BST, MJ Gleeson shares were down 2.58% at 622.50p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Dp Aircraft I Limited Pref (DPA)

Director name: Knapp,Robert C

Amount purchased: 1,209,603 @ $0.05

Value: $63,504.16

Dp Poland (DPP)

Director name: Wild,David

Amount purchased: 430,000 @ 11.40p

Value: £49,020.00

Xp Factory (XPF)

Director name: Bird,Graham

Amount purchased: 51,020 @ 12.74p

Value: £6,499.95

Top Director Sells

Mj Gleeson (GLE)

Director name: Mills,Christopher H B

Amount sold: 300,000 @ 610.00p

Value: £1,829,999.97

Funding Circle Holdings (FCH)

Director name: White,Oliver

Amount sold: 129,870 @ 135.50p

Value: £175,973.85