Non-executive director George David has taken advantage of a fall in BP's share price to buy more shares in the company.
He took 40,000 American Depositary Receipts (the equivalent of 240,000 shares) taking 20,000 at $35.55 (£23.04) a time and 20,000 at $35.45 a time.
The shares have fallen sharply in line with a tumbling oil price since May, when David bought 30,000 ADSs, paying $43.99 each for half and $43.98 for the other half.
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David, an American, joined BP in 2008. He is a member of the chairman's, the audit, the Gulf of Mexico and the remuneration committees. He has previously worked with management consultant The Boston Consulting Group and elevator manufacturer Otis. Following Otis's merger with UTC in 1977, he moved up the ranks, becoming chief executive in 1994 and chairman in 1997, before he retired in 2009.
Top Director Buys
BP (BP.)
Director name: Mr George David
Amount purchased: 120,000 @ 386.14p
Value: £463,368
BP (BP.)
Director name: Mr George David
Amount purchased: 120,000 @ 385.06p
Value: £462,072
London Mining (LOND)
Director name: Mr Luciano Ramos
Amount purchased: 50,000 @ 343.00p
Value: £171,500
Fidessa Group (FDSA)
Director name: Mr John Hamer
Amount purchased: 5,000 @ 1,530.00p
Value: £76,500
Energetix Group (EGX)
Director name: Ms Clare Spottiswoode
Amount purchased: 167,000 @ 28.50p
Value: £47,595
Energetix Group (EGX)
Director name: Mr Adrian Hutchings
Amount purchased: 69,500 @ 28.50p
Value: £19,808
Meggitt (MGGT)
Director name: Ms Brenda Reichelderfer
Amount purchased: 6,000 @ 328.89p
Value: £19,733
GLOBO (GBO)
Director name: Mr Konstantinos (Costis) Papadimitrakopoulos
Amount purchased: 105,000 @ 18.75p
Value: £19,688
Standard Life (SL.)
Director name: Mr David Thomas Nish
Amount purchased: 6,000 @ 193.90p
Value: £11,634
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