Director dealings: Wife of Experian CFO lowers stake

Zoe Pitchford, the wife of Experian's chief financial officer Lloyd Pitchford, disposed of 10,000 ordinary shares in the FTSE 100-listed firm on Friday.

Pitchford sold her shares at an average price of 1,903.86p, for a total value of £190,385.61.

Back in July, Experian reported a slight slowing in sales growth in the first quarter of its new trading year and the credit checker said currency swings looked likely to have a bigger impact on full-year profits than first expected.

Group revenue grew 9% in the three months to 30 June, down from 12% in the preceding three months but up from 8% over the past financial year as a whole.

Excluding currency swings, growth was up 10%, with the expected impact of foreign exchange on growth of underlying operating profit, which is reported in dollars, was now expected to be 4% for the full year, up from the previous 1% guidance in May.

As of 1550 BST, Experian shares had dipped 0.50% to 1,895p.

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Top Director Sells

Experian (EXPN)
Director name: Pitchford,Lloyd
Amount sold: 10,000 @ 1,903.86p
Value: £190,385.61