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.
The chairman now owns 158,000 shares, equal to 0.1% of the group.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
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
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
-
8 of the best houses for sale with annexesThe best houses with annexes – from a period property in the Lake District to a 13th-century house with a two-bedroom annexe in Saltwood, Kent
-
Zelenskyy moves to appease Donald Trump – what happens now?Ukraine’s president Volodymyr Zelenskyy is conceding ground to secure the least-worst deal possible, says Emily Hohler
