Bosses at Netcall have bought 1m shares in the telephone call-back software specialist, helping lift the price to a nine-month high.
Non-executive chairman Michael Jackson paid £108,000 for 800,000 shares at 13.5p each, giving him 1.3% of the company.
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Netcall shares have rallied from 7.75p last September to 14p today, valuing the company at £8.76m. They've not been this high since June last year.
Its recovery began about six months ago when the group said second half revenue grew 13% compared with the first half, enabling it to restore margins during the period.
In January, Netcall reported a significant improvement in the six months to the end of December when sales rose by 19% to £2m. Operating profit before interest, share based charges and tax doubled to £0.4m.
Top Director Buys
Value: £108,000
Value: £39,098
Value: £31,800
Value: £27,000
Value: £23,850
Value: £17,760
Value: £15,900
Value: £11,235
Value: £10,750
Value: £10,455
Top Director Sells
Value: R424,800
Value: £110,442
Value: £90,350
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