Salamander Energy founder and chief executive James Menzies has spent £41,000 on shares in the south-east Asia-focused oil and gas group.
He bought 20,000 shares at 205p a pop.
Menzies may have been tempted by the fall in Salamander's share price since he last opened his wallet, buying the same number of shares at 269.5p a time. The share price fall is in line with declines across the oil sector amid a worsening global economic outlook.
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Menzies spent most of his career with LASMO, an independent exploration and production company, first as a geophysicist in the UK North Sea exploration team and later in Vietnam and Indonesia.
Top Director Buys
Salamander Energy (SMDR)
Director name: Mr James Menzies
Amount purchased: 20,000 @ 205.00p
Value: £41,000
Global Energy Development (GED)
Director name: Mr David P Quint
Amount purchased: 10,000 @ 106.00p
Value: £10,600
Top Director Sells
Pearson (PSON)
Director name: Ms Marjorie Scardino
Amount sold: 57,224 @ 1,168.90p
Value: £668,891
Dunelm Group (DNLM)
Director name: Mr David Stead
Amount sold: 90,000 @ 465.10p
Value: £418,590
Pearson (PSON)
Director name: Mr Will Ethridge
Amount sold: 22,780 @ 1,168.90p
Value: £266,275
Pearson (PSON)
Director name: Ms Rona A Fairhead
Amount sold: 18,944 @ 1,168.90p
Value: £221,436
Pearson (PSON)
Director name: Mr John Makinson
Amount sold: 18,944 @ 1,168.90p
Value: £221,436
Pearson (PSON)
Director name: Mr Robin Freestone
Amount sold: 16,915 @ 1,168.90p
Value: £197,719
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