Dillistone's managing director Jason Starr bought into the recruitment software supplier on the back of an upbeat trading statement yesterday, the firm revealed today.
He bought 10,000 shares, paying 125p a time or a total of £12,550, and now has about 1.17m shares or 21.7% of the company.
Dillistone recovered some of last week's sharp dive after it said full year profit will at least match forecasts, and maybe even beat them.
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
The AIM-listed firm said it continues to have a strong balance sheet, is cash generative and has no debt, it said in a brief statement Monday
"Dillistone expects its profit for the year ended 31 December 2008 to be at or slightly ahead of current market expectations."
Annual results are due on or about 15 April.
Top Director Buys
Value: £1,576,132
Value: £455,391
Value: € 18,500
Value: £12,500
-
-
Drive away with dividends from this insurer
This dividend champion is benefitting from multiple tailwinds that could boost its bottom line and shareholders' returns in the years ahead.
-
Revealed: Where are sellers cutting asking prices the most?
The top 10 areas where home sellers are slashing asking prices, according to Zoopla figures.
