Colin Day, a non-executive director at AMEC, has doubled his holding in the FTSE 100-listed engineering and project management company.
He bought 10,000 shares at 1,140p a time, paying a total of £114,000 and taking his holding to 20,000.
Day, who joined the board of Amec last year, is the chief executive of the speciality plastic and fibre products supplier Filtrona. A fellow of the Association of Chartered Certified Accountants, he has an MBA from Cranfield School of Management.
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AMEC has seen an increase in its order book in 2011 and expects the year to be one of steady progress for the group.
In an update last month AMEC said it traded in line with expectations in the first four months of the year. The order book at the end of April stood at £3.25bn, up from £3.14bn at the end of 2010 but down from £3.55bn a year earlier.
Group EBITA (earnings before interest, tax and amortisation) margin this year is expected to remain steady at around 9%.
"We continue to be well positioned across our portfolio of oil and gas, mining, clean energy, and environmental and water sectors and we remain confident that this will support continued growth, building on our strong client relationships," said AMEC chief executive Samir Brikho.
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Amec (AMEC) Director name: Mr Colin R DayAmount purchased: 10,000 @ 1,140.00p Value: £114,000
MTI Wireless Edge Ltd. (MWE) Director name: Mr Zvi BorovitzAmount purchased: 882,000 @ 11.00p Value: £97,020
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