Former UKFI boss buys Lloyds shares

Glen Moreno has bought his first shares in Lloyds Banking Group since he was appointed senior independent non-executive director of the company on 1 March.

He has bought 50,000 ADRs, which is the equivalent of 200,000 shares, at $3.69 each. That is equivalent to just over 61p a share, making the cost £122,120.

Moreno was briefly chairman of UK Financial Investments, which holds the government's shareholdings in banks. He stepped down because of links with a Liechtenstein bank that is allegedly involved in tax avoidance.

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The former investment banker is still chairman of Pearson, owner of the Investors Chronicle.

Moreno will stand for election at the Lloyds AGM.

Chief executive Eric Daniels said that Lloyds should be profitable in 2010 at the time he announced a £6.3bn loss for 2009.

Top Director Buys

Aggreko (AGK) Director name: Mr Rupert SoamesAmount purchased: 312,963 @ 1,177.50p Value: £3,685,139

Lloyds Banking Group (LLOY) Director name: Mr Glen MorenoAmount purchased: 200,000 @ 61.06p Value: £122,120

Davis Service Group (DVSG) Director name: Mr Peter VentressAmount purchased: 26,713 @ 408.30p Value: £109,069

Jupiter Primadona Growth Trust (JPG) Director name: Mr Harry Adrian Loraine PatersonAmount purchased: 11,000 @ 925.00p Value: £101,750

PayPoint (PAY) Director name: Mr Nick Wiles Amount purchased: 15,000 @ 370.00p Value: £55,500

Home Retail Group (HOME) Director name: Mr Oliver StockenAmount purchased: 13,417 @ 281.39p Value: £37,755

Collins Stewart (CLST) Director name: Mr Paul HewittAmount purchased: 22,935 @ 87.00p Value: £19,953

Home Retail Group (HOME) Director name: Mr John CoombeAmount purchased: 6,125 @ 281.39p Value: £17,236

Home Retail Group (HOME) Director name: Mrs Penny HughesAmount purchased: 6,125 @ 281.39p Value: £17,236

Macfarlane Group (MACF) Director name: Mr Peter AtkinsonAmount purchased: 56,000 @ 21.25p Value: £11,900

Top Director Sells

LSL Property Services (LSL) Director name: Mr Paul LathamAmount sold: 3,000,000 @ 265.00p Value: £7,950,000

Aggreko (AGK) Director name: Mr Rupert SoamesAmount sold: 352,475 @ 1,177.30p Value: £4,149,688

LSL Property Services (LSL) Director name: Mr Dean FieldingAmount sold: 1,000,000 @ 265.00p Value: £2,650,000

Tullow Oil (TLW) Director name: Mr Aidan HeaveyAmount sold: 94,722 @ 1,227.05p Value: £1,162,286

Tullow Oil (TLW) Director name: Mr Graham MartinAmount sold: 53,572 @ 1,227.05p Value: £657,355

Advanced Medical Solutions (AMS) Director name: Dr Donald N (Don) EvansAmount sold: 1,394,125 @ 35.00p Value: £487,944

Prudential (PRU) Director name: Mr Clark ManningAmount sold: 87,488 @ 525.31p Value: £459,583

Tullow Oil (TLW) Director name: Mr Angus McCossAmount sold: 37,196 @ 1,227.05p Value: £456,414

Tullow Oil (TLW) Director name: Mr Paul McDadeAmount sold: 37,196 @ 1,227.05p Value: £456,414

Advanced Medical Solutions (AMS) Director name: Ms Mary G TavenerAmount sold: 782,070 @ 35.00p Value: £273,724