Psion directors open accounts
A round-up of the biggest director deals today so far.
Three directors at the mobile computer software firm Psion bought into the company Thursday, spending a combined total of about £130,000.
Chief executive John Conoley bought 14,800 at 47.52p a time, his first purchase of shares in the group.
Chief financial officer Fraser Park, also buying his first stake, bought 73,700 at the same price.
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Andy Clegg, senior vice president of supply chain and services, paid the same price a share for 188,500 and now has 514,448.
Last week Psion said results were in line with the expectations despite the difficult economic environment.
The group however turned into pre-tax losses of £7.6m from profit of £10m last year due to the £15m exceptional operating cost related to restricting and litigation costs. Revenue came in at £199.4m (2007: £199.7m).
Sales in Asia declined markedly, it said, adding that as previously announced, unauthorized transactions may have occurred in Japan, leading to litigation with a number of parties.
Top Director Buys
Value: £144,050
Value: £89,538
Value: £50,000
Value: £45,600
Value: £40,180
Value: £35,008
Value: £33,750
Value: £22,500
Value: £22,286
Value: £16,955
Top Director Sells
Value: £236,760
Value: £201,500
Value: £152,496
Value: £120,189
Value: £36,216
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