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.

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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.

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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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