Mike Love, chairman of ClearStream Technologies, brought his holding in the Irish medical device maker past the 10% mark today with the purchase of 460,000 shares.
He bought them at 20p a time, paying a total of £92,000. He now has more than 3.1m shares in the company, around 10.83%.
His colleague Andrew Jones, the firm's chief executive, lifted his stake above 2m shares with the purchase of 40,000, also at 20p a time.
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
Shares in ClearStream, whose products include devices used to clear blocked arteries, surged last week after it agreed a two year extension to its distribution deal with Johnson and Johnson's medical device group Cordis.
Top Director Buys
ClearStream Technologies Group (CTN)
Director name: Mr Mike Love
Amount purchased: 460,000 @ 20.00p
Value: £92,000
Panmure Gordon & Co (PMR)
Director name: Mr Anthony Cann
Amount purchased: 196,962 @ 20.20p
Value: £39,786
Panmure Gordon & Co (PMR)
Director name: Mr Tony Caplin
Amount purchased: 196,962 @ 20.20p
Value: £39,786
Aero Inventory (AI.)
Director name: Mr F Turner
Amount purchased: 11,000 @ 267.00p
Value: £29,370
Panmure Gordon & Co (PMR)
Director name: Mr David Lyon Liddell
Amount purchased: 98,481 @ 20.20p
Value: £19,893
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Hargreaves Lansdown shakes up fees in biggest change in 10 years – what does it mean for you?Hargreaves Lansdown is lowering its headline fee from 0.45% to 0.35% – but not everyone will be happy with the new fee structure, it’s been suggested.
-
Michael Moritz: The richest Welshman to walk the EarthMichael Moritz started out as a journalist before catching the eye of a Silicon Valley titan. He finds Donald Trump to be “an absurd buffoon”
