Sheryl Tye, finance director at International Greetings, has spent just under £10,000 on shares in the greetings card group.
The acquisition of 26,000 shares at 38p each cost £9,880, that's far more than they would have cost just a week ago.
International Greetings shares rallied from about 23p ahead of full year results on 29 July and have continued climbing since. They closed up 5% at 39.5p Monday.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Annual revenue from continuing operations increased by 13% and the maker of gift wrap, crackers, cards, stationery and accessories is eyeing a return to profitability in 2009/10.
Loss from continuing operations, before significant items and tax narrowed to £0.3m from £8.1m a year earlier. Revenue rose to £216.9m from £191.7m.
Top Director Buys
Value: £19,125
Top Director Sells
Value: £53,375
-
Is Donald Trump's re-election a wake-up call for Europe?Donald Trump will turbocharge the US economy – and expose Europe's weakness
-
German chancellor Olaf Scholz's coalition collapses – what went wrong?EU Economy After Olaf Scholz fired a key minister, Germany's coalition has collapsed. But political turmoil in the country couldn’t have come at a worse time
