Severfield-Rowen FD buys
A round-up of the biggest director deals today so far.
Severfield-Rowen's recently appointed finance director has made his first investment in the structural steel firm.
Alan Dunsmore joined Severfield-Rowen from Smiths Group in March. He has invested £22,400 in 10,000 shares.
Severfield-Rowen says that its order book was worth £241m at the end of April. New orders include structural steelwork for Heathrow's Terminal 2.
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The company is growing its market share in the UK but export business is hard to come by. Trading is in line with expectations but management expects 2010 to be a tough year.
Steel product prices are rising as raw material costs increase.
Top Director Buys
Bank Of America (BAC) Director name: Mr Charles O. Holliday, JrAmount purchased: 18,728 @ $17.78 Value: $332,984
Bank Of America (BAC) Director name: Mr Virgis W. ColbertAmount purchased: 8,999 @ $17.78 Value: $160,002
Bank Of America (BAC) Director name: Mr D. Paul JonesAmount purchased: 8,998 @ $17.78 Value: $159,984
Bank Of America (BAC) Director name: Mr Robert W. Scully Amount purchased: 8,998 @ $17.78 Value: $159,984
Bank Of America (BAC) Director name: Mr Susan S. BiesAmount purchased: 8,998 @ $17.78 Value: $159,984
Bank Of America (BAC) Director name: Mr William P. BoardmanAmount purchased: 8,998 @ $17.78 Value: $159,984
Severfield-Rowen (SFR) Director name: Mr Alan DunsmoreAmount purchased: 10,000 @ 224.00p Value: £22,400
CLS Holdings (CLI) Director name: Mr Sten A MortstedtAmount purchased: 4,335 @ 490.00p Value: £21,242
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