Solomon Trujillo, a recently-appointed director at the advertising group WPP, has splashed out about £76,000 shares in the firm.
He took 2,000 American Depositary Receipts, paying $59.90 (3,800p) for each one, and now has the equivalent of 10,000 shares in the company.
Trujillo has worked with several media communications companies, including Qwest in the US and Telstra in Australia. He has also served on the board of the soft drinks firm PepsiCo, Bank of America and Gannett, the US newspaper publisher.
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He also served as a trade policy advisor to the US government under the Clinton administration.
The announcement of Trujillo's share purchase comes on the same day WPP announced it is buying the US marketing services company Marketing Direct, which has a strong focus on healthcare and insurance companies.
Acquisitions are a key part of WPP's global ambitions. So far this year it has been increasing its presence in markets including Poland, Israel, Brazil, Colombia, Germany and Britain.
Earlier this year WPP upped its growth estimates for the full year after seeing strong sales growth.
Top Director Buys
WPP (WPP) Director name: Mr Solomon TrujilloAmount purchased: 10,000 @ 755.96p Value: £75,596
Avingtrans (AVG) Director name: Mr Roger McDowellAmount purchased: 175,000 @ 38.15p Value: £66,762
GW Pharmaceuticals (GWP) Director name: Mr Tom Lynch Amount purchased: 47,665 @ 104.90p Value: £50,001
Anglo Pacific Group (APF) Director name: Mr Brian WidesAmount purchased: 12,000 @ 312.00p Value: £37,440
Integrated Asset Management (IAM) Director name: Mr Detlef BierbaumAmount purchased: 100,000 @ 20.00p Value: £20,000
Top Director Sells
Discovery Metals Ltd. (CDI) (DME) Director name: Mr Stuart Bradley (Brad) SampsonAmount sold: 1,000,000 @ 85.47p Value: £854,700
Avanti Communications Group (AVN) Director name: Mr F E John G BrackenburyAmount sold: 130,000 @ 710.00p Value: £923,000
Discovery Metals Ltd. (CDI) (DME) Director name: Mr Stuart Bradley (Brad) SampsonAmount sold: 419,763 @ 88.57p Value: £371,784
Mitchells & Butlers (MAB) Director name: Mr Adam FowleAmount sold: 139,079 @ 356.30p Value: £495,538
Mandarin Orirntal International (Singapore) (MDO) Director name: Mr Terry L StinsonAmount sold: 176,000 @ $2.07 Value: $364,250
Halma (HLMA) Director name: Mr John CampbellAmount sold: 81,100 @ 338.96p Value: £274,897
Integrated Asset Management (IAM) Director name: Mr Norman EpsteinAmount sold: 627,507 @ 20.00p Value: £125,501
Discovery Metals Ltd. (CDI) (DME) Director name: Mr Stuart Bradley (Brad) SampsonAmount sold: 80,237 @ 87.56p Value: £70,256
Halma (HLMA) Director name: Mr Charles DuboisAmount sold: 19,954 @ 338.96p Value: £67,636
