Non-executive director David Hurst-Brown has acquired 74,445 shares in software company Anite for his ISA. This more than trebled his shareholding to 110,000 shares.
He will benefit from tax free dividends in his ISA, starting with the 0.3p a share interim on 19 February.
Hurst-Brown made his share purchase on the day Anite released disappointing interim figures. Despite this disappointment the share price held up well.
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Revenues fell from £47.4m to £35.2m in the six months to October 2009. Adjusted EBITDA slumped from £15.3m to £6.1m. Order books declined.
Anite said that its core wireless software division was ending its development partnership with Agilent.
Net cash is equivalent to 26p a share, compared with Hurst-Brown's buying price of 33p a share.
Top Director Buys
Anite Group (AIE) Director name: Mr David Hurst-BrownAmount purchased: 74,445 @ 33.00p Value: £24,567
Goldshield Group (GSD) Director name: Mr Ajay M PatelAmount purchased: 6,531 @ 275.00p Value: £17,960
CLS Holdings (CLI) Director name: Mr Sten A MortstedtAmount purchased: 3,303 @ 452.00p Value: £14,930
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Halma (HLMA) Director name: Mr Kevin J ThompsonAmount sold: 347,824 @ 246.13p Value: £856,099
Experian Group (EXPN) Director name: Mr David A TylerAmount sold: 103,407 @ 597.54p Value: £617,898
Experian Group (EXPN) Director name: Mr David A TylerAmount sold: 102,595 @ 598.41p Value: £613,939
Halma (HLMA) Director name: Mr Andrew WilliamsAmount sold: 205,825 @ 246.13p Value: £506,597
Halma (HLMA) Director name: Mr Neil QuinnAmount sold: 122,016 @ 246.13p Value: £300,318
Halma (HLMA) Director name: Mr Carol ChesneyAmount sold: 97,223 @ 246.13p Value: £239,295
Jardine Matheson (Singapore) (JAR) Director name: Mr Simon L KeswickAmount sold: 6,400 @ $29.89 Value: $191,296
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