Trifast announced today that senior independent non-executive director Neil Chapman spent £21,500 on shares in the industrial fastener and components group.
Chapman bought 100,000 shares at a price of 21.5p each on 17 June, the same day Trifast binned its final dividend in view of difficult trading conditions.
The company, which issued a profit warning in February and saw its chairman and chief executive quit in March, announced at the time that it suffered a pre-tax loss of £11m in the year to 31 March 2009, compared to a pre-tax profit of £6.81m the year before.
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
Chapman now holds 320,000 ordinary shares in the company.
Top Director Buys
Value: £111,238
Value: £100,776
Value: £67,600
Value: £58,800
Value: £37,000
Value: £21,500
Value: £8,337
Top Director Sells
Value: £141,194
Value: £67,000
Value: £67,000
Value: £53,250
Value: £18,736
Value: £15,264
-
A junior ISA could turn your child’s pocket money into thousands of poundsPersuading your child to put their pocket money in a junior ISA might be difficult, but the pennies could quickly grow into pounds – and teach them a valuable lesson about money
-
Cost of Christmas dinner jumps 6.5% as grocery price inflation rises againThe average Christmas dinner for four now costs £32.57 as grocery price inflation increases - but what does it mean for interest rates?
