Amjad Bseisu, the chief executive of FTSE 250 oil firm EnQuest, has increased his stake in the group after purchasing 678,168 ordinary shares today.
Through Double A Limited, a discretionary trust in which Bseisu's extended family have a "beneficial interest", the director purchased the said shares at 88.74p per share in a transaction worth £601,806.
The purchase has raised the trust's stake in EnQuest from 7.27% to 7.36% and taken the total number of shares under its ownership to 59,051,755.
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The Bseisu family also have a beneficial interest in another trust, Alima Trust, which owns a 1.15% interest in the firm.
EnQuest is an independent oil and gas developer and explorer with a focus on the UK Continental Shelf in the North Sea, an area which it says represents a "significant hydrocarbon basin in a low risk region".
BC
Top Director Buys
EnQuest (ENQ)
Director name: Mr Amjad Bseisu
Amount purchased: 678,168 @ 88.74p
Value: £601,806
Standard Life Equity Income Trust (SLET)
Director name: Mr Richard Burns
Amount purchased: 30,000 @ 250.00p
Value: £75,000
IndigoVision Group (IND)
Director name: Mr Hamish M Grossart
Amount purchased: 22,750 @ 257.50p
Value: £58,581
Personal Assets Trust (PNL)
Director name: Mr Martin Sharp
Amount purchased: 90 @ 33,180.00p
Value: £29,862
TT Electronics (TTG)
Director name: Mr Shatish D. Dasani
Amount purchased: 20,000 @ 124.68p
Value: £24,936
JD Sports Fashion (JD.)
Director name: Mr Colin R H Archer
Amount purchased: 3,500 @ 600.00p
Value: £21,000
William Hill (WMH)
Director name: Mr David Edmonds
Amount purchased: 10,000 @ 186.51p
Value: £18,651
Aminex (AEX)
Director name: Mr Keith Phair
Amount purchased: 500,000 @ 3.07p
Value: £15,350
BowLeven (BLVN)
Director name: Mr John Brown
Amount purchased: 20,000 @ 65.95p
Value: £13,190
MS International (MSI)
Director name: Mr Michael J Bell
Amount purchased: 5,000 @ 257.00p
Value: £12,850
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