Non-executive director Eugene Beard has added to his holding in marketing communications firm Huntsworth Group. He invested £31,200 in 50,000 Huntsworth shares. This takes his stake to 625,000 shares.
Beard invested nearly £24,000 in June, when he added 61,376 shares to his shareholding.
Beard is a former director of multinational marketing services company Interpublic Group. He is also a former director of Mattel Inc. He joined the Huntsworth board in February 2004.
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Huntsworth has rationalised its 26 brands into four key brands - Citigate, Grayling, Huntsworth Health and Red - at a cost of between £8m and £10m.
Earnings in 2009 are expected to be in line with expectations. Profits of around £24m are forecast. Visibility is good for 2010 and 70% of expected revenues should be committed by the end of January.
Earlier this month, Huntsworth paid an initial $33.6m (£20.4m) for Dutko Worldwide, the largest US public policy management group. Dutko will be consolidated into the Grayling brand and provide the group with a strong US presence.
Huntsworth has extended its bank facility until September 2012.
Top Director Buys
British Polythene (BPI) Director name: Mr John T LanglandsAmount purchased: 16,110 @ 289.25p Value: £46,598
Huntsworth (HNT) Director name: Mr Eugene P. BeardAmount purchased: 50,000 @ 62.40p Value: £31,200
Deltex Medical Group (DEMG) Director name: Mr Nigel J KeenAmount purchased: 217,389 @ 11.50p Value: £25,000
Deltex Medical Group (DEMG) Director name: Mr Edwin SnapeAmount purchased: 156,522 @ 11.50p Value: £18,000
Sagentia Group (SAG) Director name: Mr Staffan AhlbergAmount purchased: 98,290 @ 15.50p Value: £15,235
Sagentia Group (SAG) Director name: Mr Staffan AhlbergAmount purchased: 98,290 @ 15.50p Value: £15,235
Deltex Medical Group (DEMG) Director name: Sir Duncan K NicholAmount purchased: 125,217 @ 11.50p Value: £14,400
Deltex Medical Group (DEMG) Director name: Mr Charles Julian CazaletAmount purchased: 119,206 @ 11.50p Value: £13,709
Sagentia Group (SAG) Director name: Mr Brent Hudson Amount purchased: 65,000 @ 15.50p Value: £10,075
Top Director Sells
Diageo (DGE) Director name: Mr Nicholas RoseAmount sold: 241,511 @ 1,086.25p Value: £2,623,413
British Polythene (BPI) Director name: Mr John T LanglandsAmount sold: 15,000 @ 289.00p Value: £43,350
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