Berendsen non-exec spends £75,000
A round-up of the biggest director deals today so far.
Berendsen non-executive director Iain Ferguson has spent £75,000 on shares in the textile service business formerly known as Davis Service Group.
He bought 15,000 shares at 496p a time and now has 40,000.
Ferguson, a former chief executive of the sugar firm Tate & Lyle, joined Berendsen last year.
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Berendsen said last month that its operating margin has shown an encouraging improvement so far in 2011.
Revenue in the first quarter of 2011 was 2% ahead of the corresponding period of last year, in line with management expectations.
The first quarter also saw lower interest costs as a result of the group's strong cash flow, and this has led to a significant increase in profit before tax, as anticipated by the board.
Berendsen's markets continued to improve steadily, with the Nordic region - particularly Sweden - seeing robust growth compared to the prior year.
Top Director Buys
Norseman Gold (NGL) Director name: Mr Barry CahillAmount purchased: 505,000 @ 16.56p Value: £83,628
Zenergy Power (ZEN) Director name: Mr Simon CleaverAmount purchased: 600,784 @ 13.00p Value: £78,102
Berendsen (BRSN) Director name: Mr Iain FergusonAmount purchased: 15,000 @ 496.00p Value: £74,400
Witan Inv Trust (WTAN) Director name: Mr Andrew L C BellAmount purchased: 10,000 @ 518.00p Value: £51,800
Hydrogen Group (HYDG) Director name: Mr Tim SmeatonAmount purchased: 58,000 @ 85.00p Value: £49,300
Hydrogen Group (HYDG) Director name: Mr Ian TempleAmount purchased: 58,000 @ 85.00p Value: £49,300
JPMorgan Emerging Markets Inv Trust (JMG) Director name: Mr Nigel KennyAmount purchased: 3,500 @ 581.50p Value: £20,352
AG Barr (BAG) Director name: Mr Alex B C ShortAmount purchased: 1,286 @ 1,378.00p Value: £17,721
Optare (OPE) Director name: Mr Peter PhillipsAmount purchased: 500,000 @ 2.90p Value: £14,500
Charles Taylor Consulting (CTR) Director name: Mr John S M RoweAmount purchased: 10,000 @ 130.00p Value: £13,000
Top Director Sells
Dairy Farm International Holdings Ltd. (Singapore) (DFI) Director name: Mr Michael KokAmount sold: 332,864 @ $9.59 Value: $3,192,865
British American Tobacco (BATS) Director name: Mr Ben StevensAmount sold: 53,098 @ 2,723.57p Value: £1,446,161
Ruukki Group (DI) (RKKI) Director name: Mr Markku KankaalaAmount sold: 200,000 @ 141.01p Value: £282,020
Victoria Oil & Gas (VOG) Director name: Mr Philip RandAmount sold: 1,500,000 @ 5.09p Value: £76,350
