TT Electronics chairman ups stake

Sean Watson, chairman of TT Electronics, has upped his stake in the sensor and electronic component technology firm, buying a total of 12,550 shares for £29,221.

In two separate transactions, Watson bought 7,550 shares at 166.5p per share and a further 10,000 at the same price, 5,000 of which were attributed to a Mrs S Watson.

MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

The share price has performed well over the last 12 months, surging over 75%.

The group announced last month that pre-tax profits for 2010 climbed to £25.2m, compared with a loss of £16.6m in 2009. Revenue increased by 23.3% to £571.3m, from £463.5m.

"Strong customer demand has continued in 2011, particularly in our Components, Sensors and IMS divisions," said chief executive Geraint Anderson.

---bc

Top Director Buys

Aer Lingus Group (AERL) Director name: Mr Leslie BuckleyAmount purchased: 74,074 @ €0.81 Value: €60,000

Primary Health Properties (PHP) Director name: Mr Harry Abraham HymanAmount purchased: 16,393 @ 305.00p Value: £49,999

MCB Finance Group (MCRB) Director name: Mr Henry NilertAmount purchased: 100,000 @ 33.80p Value: £33,800

TT Electronics (TTG) Director name: Mr Sean Michael WatsonAmount purchased: 10,000 @ 166.50p Value: £16,650

EP Global Opportunities Trust (EPG) Director name: Mr David J HoughAmount purchased: 7,500 @ 177.62p Value: £13,322

TT Electronics (TTG) Director name: Mr Sean Michael WatsonAmount purchased: 7,550 @ 166.50p Value: £12,571

Mediwatch (MDW) Director name: Mr Philip G StimpsonAmount purchased: 500,000 @ 2.50p Value: £12,500

Chrysalis VCT (CYS) Director name: Mr Peter HarknessAmount purchased: 25,000 @ 49.00p Value: £12,250

EP Global Opportunities Trust (EPG) Director name: Mr David J HoughAmount purchased: 6,000 @ 177.62p Value: £10,657

Top Director Sells

Morrison (Wm) Supermarkets (MRW) Director name: Mr Mark GunterAmount sold: 188,560 @ 284.78p Value: £536,981

Morrison (Wm) Supermarkets (MRW) Director name: Mr Richard PennycookAmount sold: 181,018 @ 284.78p Value: £515,503

Premier Farnell (PFL) Director name: Mr Mark WhitelingAmount sold: 151,595 @ 275.85p Value: £418,175

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.