Xstrata's Lamoureux buys after slump

Continued falls in the value of Xstrata shares tempted director Claude Lamoureux to spend more than £50,000 on shares in the company.

He bought 5,000 shares at 1,093p a time, the company announced today.

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Shares in Xstrata have slumped from levels above 4,000p as recently as June, in line with heavy falls in commodity prices.

Lamoureux is also on the boards of Northumbrian Water and the Canadian food processor Maple Leaf Foods.

Top Director Buys

Babcock International Group (BAB)

Director name: Mr Peter L Rogers

Amount purchased: 25,000 @ 412.00p

Value: £103,000

Xstrata (XTA)

Director name: Mr Claude Lamoureux

Amount purchased: 5,000 @ 1,093.00p

Value: £54,650

Galliford Try (GFRD)

Director name: Mr Peter L Rogers

Amount purchased: 125,000 @ 40.80p

Value: £51,000

ClearStream Technologies Group (CTN)

Director name: Mr Mike Love

Amount purchased: 223,000 @ 15.00p

Value: £33,450

Renewable Energy Holdings (REH)

Director name: Mr John Baker

Amount purchased: 50,000 @ 38.00p

Value: £19,000

ClearStream Technologies Group (CTN)

Director name: Mr Andy Jones

Amount purchased: 108,666 @ 15.00p

Value: £16,300

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