Brammer bosses buy into placing

Brammer's chief executive Ian Fraser and finance boss Paul Thwaite have together spent nearly £100,000 on shares in the distributor of motors, gearboxes, sprockets and other industrial products.

They both took 20,833 shares at 240p a time. Fraser now has 1,365,876 shares, or about 1.2% of the company, and Thwaite has 951,619.

The shares were bought as part of a placing announced earlier this month, to fund the acquisition of the business and assets of Buck & Hickman, a distributor of industrial products from building materials provider Travis Perkins.

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Top Director Buys

Mountview Estate (MTVW) Director name: Mr Duncan M SinclairAmount purchased: 2,500 @ 4,050.00p Value: £101,250

Brammer (BRAM) Director name: Mr Ian FraserAmount purchased: 20,833 @ 240.00p Value: £49,999

Brammer (BRAM) Director name: Mr Paul ThwaiteAmount purchased: 20,833 @ 240.00p Value: £49,999

Huntsworth (HNT) Director name: Mr Colin R AdamsAmount purchased: 45,000 @ 58.50p Value: £26,325

Stadium Group (SDM) Director name: Mr Nick P BrayshawAmount purchased: 15,000 @ 68.00p Value: £10,200

Top Director Sells

Discovery Metals Ltd. (CDI) (DME) Director name: Mr Ribson Champion GabonoweAmount sold: 300,000 @ 94.89p Value: £284,670