The chairman and chief executive of the broadband satellite operator Avanti Communications have been upping their stakes in the company, spending a combined total of about £150,000 on shares.
Chairman John Brackenbury took 8,998 shares at 549.75p a go and chief executive David Williams took 17,997 at the same price.
Williams now some 1.5m shares, about 1.77% of the company, and Brackenbury has just less than 322,000.
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Last week, Avanti said that developments last year will start to feed through to financial results this year. One satellite, HYLAS 1, has been sent into orbit, HYLAS 2 is being built and the financing of HYLAS 3 is being arranged.
"The proliferation of new internet applications, particularly those which are video intensive, and new devices enabling consumers to connect to the internet are the drivers of our market," Brackenbury said.
"In developed markets, data demand is rising strongly and in emerging markets, vast new populations are coming to digital media for the first time."
Top Director Buys
Avanti Communications Group (AVN) Director name: Mr David J WilliamsAmount purchased: 17,997 @ 549.75p Value: £98,939
W H Ireland Group (WHI) Director name: Mr Christopher Paul Compton Amount purchased: 250,000 @ 39.08p Value: £97,700
Avanti Communications Group (AVN) Director name: Mr F E John G BrackenburyAmount purchased: 8,998 @ 549.75p Value: £49,467
RSM Tenon Group (TNO) Director name: Mr Arthur Leonard Robert (Bob) MortonAmount purchased: 100,000 @ 46.00p Value: £46,000
Allocate Software (ALL) Director name: Mr Richard King Amount purchased: 50,000 @ 90.00p Value: £45,000
RSM Tenon Group (TNO) Director name: Mr Arthur Leonard Robert (Bob) MortonAmount purchased: 100,000 @ 44.84p Value: £44,840
Shanks Group (SKS) Director name: Mr Peter T JohnsonAmount purchased: 22,043 @ 117.30p Value: £25,856
International Ferro Metals Group (IFL) Director name: Mr David KovarskyAmount purchased: 100,000 @ 20.75p Value: £20,750
Dechra Pharmaceuticals (DPH) Director name: Dr Chris Richards Amount purchased: 4,000 @ 510.00p Value: £20,400
Plant Health Care (PHC) Director name: Dr Dominik KoechlinAmount purchased: 21,107 @ 61.00p Value: £12,875
Top Director Sells
Mondi (MNDI) Director name: Mr David A HathornAmount sold: 36,513 @ 538.85p Value: £196,750
Mondi (MNDI) Director name: Mr Peter OswaldAmount sold: 33,970 @ 538.85p Value: £183,047
Mondi (MNDI) Director name: Ms Carol HuntAmount sold: 12,143 @ 538.85p Value: £65,433
Mondi (MNDI) Director name: Mr Andrew KingAmount sold: 11,200 @ 538.85p Value: £60,351
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