Stephen Boyes, a director at Barratt Developments, added to his stake in the housebuilder with the purchase of about £50,000 in shares.
He bought about 65,000 shares at 76.4p a time and now has just over 107,000.
Boyes has been working with Barratt since 1978.
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
Formerly Managing Director of Barratt York, he was appointed to the board in July 2001 and is responsible for operations in Scotland, northern England, the Midlands and south Wales.
Shares in Barratt are down by more than 80% over the past year, in line with the whole housebuilding sector, which has been hit hard by the credit crunch.
Top Director Buys
Value: £815,000
Value: £499,920
Value: £326,000
Value: £300,000
Value: £199,375
Value: £112,000
Value: £82,998
Value: £61,250
Value: £50,602
Value: £49,565
Top Director Sells
Value: £245,000
Value: £16,424
-
Frozen thresholds could push ‘tax freedom day’ to latest date this centuryTax freedom day is the point in the year you stop earning for the taxman and start earning for yourself. A rising tax burden could push it to 12 June this year – the latest date since 1982.
-
Family left with £20k IHT bill because of out-of-date tax adviceFrozen tax thresholds and dated guidance helped drag the estate into an inheritance tax liability despite extensive use of gifting to avoid a bill
