SABMiller new recruit buys first round of shares

A round-up of the biggest director deals today so far.

Lesley Knox, a non-executive director at SABMiller, the multi-national lager brewing company, has snapped up £63,225-worth of shares in the firm.

Knox, 58, is a new recruit to SABMiller, and is also the chairwoman of Alliance Trust and the Grosvenor Group.

Earlier today, the company announced that it has won regulatory approval for its £6.5bn takeover of Foster's.

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In return for the thumbs up from the Australian Federal Treasurer, SABMiller says it has agreed to keep the management of Foster's in Australia.

SABMiller now expects the transaction to complete before the end of 2011 subject to a shareholder vote in December.

Despite a turbulent year, the firm's share price is at the same level it was a year ago, having gained 0.54% on its share price.

Top Director Buys

Tristel (TSTL)

Director name: Mr Francisco Angel Soler

Amount purchased: 200,000 @ 40.00p

Value: £80,000

Lowland Investment Co (LWI)

Director name: Mr Robert Robertson

Amount purchased: 9,825 @ 780.00p

Value: £76,635

SABMiller (SAB)

Director name: Mrs Lesley Knox

Amount purchased: 3,000 @ 2,107.50p

Value: £63,225

Close Brothers Group (CBG)

Director name: Mr Bruce Carnegie-Brown

Amount purchased: 10,000 @ 615.92p

Value: £61,592

Great Portland Estates (GPOR)

Director name: Mr Nick Sanderson

Amount purchased: 16,694 @ 327.50p

Value: £54,673

GVC Holdings (GVC)

Director name: Mr Lee Feldman

Amount purchased: 20,000 @ 125.00p

Value: £25,000

StatPro Group (SOG)

Director name: Mr Mark C Adorian

Amount purchased: 25,000 @ 86.50p

Value: £21,625

Speedy Hire (SDY)

Director name: Ms Lynn Krige

Amount purchased: 93,000 @ 20.80p

Value: £19,344

Top Director Sells

Tristel (TSTL)

Director name: Mr Peter F H Stephens

Amount sold: 200,000 @ 40.00p

Value: £80,000