Per Utnegaard, a non-executive director at the laundry and workwear group Davis Service spent nearly £200,000 lifting his stake in the company.
He bought 50,000 shares at 399.64p a time and now has 150,000. His bought his first 100,000 shares just before Christmas, paying 394.8p a time.
In a trading update late last month, Davis, which operates the Sunlight linen hire and laundry brand in the UK, reported an improvement in margins as the effects of the cost cutting programme take effect.
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Profit before tax showed a modest year on year improvement in the first quarter despite higher interest payments following the refinancing of group debt last year.
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The group is seeing little sign, however, of an upturn in its markets though there have been some bright sports.
In the Nordic region Norway has seen a substantial increase in profitability while Sweden has also made heady, but Denmark is still contracting.
Utnegaard, who joined Davis in 2005, is the president and chief executive of the cargo services group Swissport International.
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