Barratt Developments finance director David Thomas is continuing to add to his stake in the company less than one year after being appointed to the board.
Thomas has invested nearly £26,000 on acquiring 25,000 shares at 103.3p a share.
Thomas joined the board as finance director on 21 July 2009. He bought his first 20,000 shares in September after the interim figures and plans to raise £720.5m were published.
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He took up his rights issue shares and has been a regular buyer of shares since then. The previous purchase of 20,000 shares was at 123.8p a share on 12 May. The latest purchase was at the lowest price since the rights issue.
Thomas has spent a total of £211,000 on Barratt shares in less than 12 months.
Barratt has said that it expects to report an underlying profit in the second half of its current financial year after a pick-up in both prices and forward reservations.
Top Director Buys
Mid Wynd Inter Inv Trust(MWY) Director name: Mr RAR NapierAmount purchased: 25,000 @ 955.00p Value: £238,750
Barratt Developments (BDEV) Director name: Mr David ThomasAmount purchased: 25,000 @ 103.30p Value: £25,825
Charles Taylor (CTR) Director name: Mr David WatsonAmount purchased: 10,000 @ 240.92p Value: £24,092
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Jardine Matheson (Singapore) (JAR) Director name: Mr Simon L KeswickAmount sold: 60,000 @ $36.00 Value: $2,160,000
UK Mail Group (UKM) Director name: Mr Guy BuswellAmount sold: 27,181 @ 340.00p Value: £92,415
UK Mail Group (UKM) Director name: Mr Steven Peter GlewAmount sold: 18,776 @ 340.00p Value: £63,838
UK Mail Group (UKM) Director name: Mr Alec RossAmount sold: 14,941 @ 340.00p Value: £50,799
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