Legal & General non-executive director Ronaldo Schmitz has bought shares worth nearly £100,000 in the insurer.
Schmitz acquired 160,000 shares in five separate transactions at a price range of 62.05p-65.4p each. His holding has now increased to 297,000 shares.
Yesterday L&G tumbled after posting a 92% plunge in half-year operating profit, which prompted a 45% cut in the dividend.
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European embedded value (EEV) operating profit rose 12% to £657m for the six months to 30 June, up from £589m a year ago, but it slumped to £31m from £391m on an IFRS basis.
There was also an IFRS pre-tax loss of £143m versus a deficit of £44m last time.
Top Director Buys
Value: £41,098
Value: £31,000
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Value: £14,998
Value: £12,667
Top Director Sells
Value: £1,192,575
Value: £725,400
Value: £438,394
Value: £100,568
Value: £21,450
Value: £15,570
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