(Sharecast News) - Publishing company Reach revealed on Friday that chief financial officer Darren Fisher had disposed of 31,638 ordinary shares in the London-listed firm.

Fisher, who made the sale to cover withholding tax and other deductions arising from the exercise of his LTIP award, sold the shares at an average price of 78.30p each, for a total value of £24,772.55.

As of 1600 BST, Reach shares were up 1.81% at 78.80p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Kerry Group 'a' Shares (cdi) (KYGA)

Director name: Kerr ,Michael

Amount purchased: 10,000 @ 79.62

Value: 796,200.03

Getbusy (GETB)

Director name: Rabie,Daniel Adam

Amount purchased: 235,000 @ 65.00p

Value: £152,749.99

Merit Group (MRIT)

Director name: Conlon,Con

Amount purchased: 20,750 @ 73.00p

Value: £15,147.50

Top Director Sells

Reach (RCH)

Director name: Fisher,Darren

Amount sold: 31,638 @ 78.30p

Value: £24,772.55