Enquest chief exec opens wallet
A round-up of the biggest director deals today so far.
Enquest chief executive Amjad Bseisu has splashed out more than £1.2m on shares in the FTSE 250-listed UK-focused oil and gas group.
Double A , a trust in which his extended family has a beneficial interest, took 921,598 shares at 131.95p each. It now has more than 43m shares, more than 5% of the company. Additionally, Alima Trust, another trust in which the Bseisu family has an interest, has more than 9m shares.
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Enquest said earlier this month that it is on track to meet production targets for the year after reporting a sharp rise in output in the first four months of 2011.
Top Director Buys
EnQuest (ENQ) Director name: Mr Amjad BseisuAmount purchased: 921,598 @ 131.95p Value: £1,216,049
F&C Asset Management (FCAM) Director name: Mr Edward BramsonAmount purchased: 70,000 @ 78.41p Value: £54,887
Cable & Wireless Communications (CWC) Director name: Mr William Anthony RiceAmount purchased: 100,000 @ 44.93p Value: £44,930
Cable & Wireless Communications (CWC) Director name: Mr William Anthony RiceAmount purchased: 100,000 @ 44.73p Value: £44,730
Top Director Sells
Babcock International Group (BAB) Director name: Mr William (Bill) TameAmount sold: 25,503 @ 685.06p Value: £174,711
Babcock International Group (BAB) Director name: Mr Archie BethelAmount sold: 17,625 @ 685.06p Value: £120,742
