Sibir chief buys shares worth £1.5m

Sibir Energy's chief executive Henry Cameron spent nearly £1.5m buying shares in the oil explorer.

The group said Cameron bought 600,000 shares on Friday at a price of 246.29p per share. He increases his stake to 1.5m shares, which represents 0.39% of the company.

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The group said it has encountered hydrocarbon saturated reservoirs in all wells drilled so far.

Top Director Buys

Sibir Energy (SBE)

Director name: Mr Henry Cameron

Amount purchased: 600,000 @ 246.30p

Value: £1,477,800

John Wood Group (WG.)

Director name: Sir Sir Ian C Wood

Amount purchased: 475,251 @ 188.00p

Value: £893,472

TT Electronics (TTG)

Director name: Mr John W Newman

Amount purchased: 1,000,000 @ 46.90p

Value: £469,000

CLS Holdings (CLI)

Director name: Mr Henry Klotz

Amount purchased: 65,189 @ 302.00p

Value: £196,871

Hill and Smith (HILS)

Director name: Mr David L Grove

Amount purchased: 75,000 @ 195.00p

Value: £146,250

Weir Group (WEIR)

Director name: Mr Stephen King

Amount purchased: 43,500 @ 274.30p

Value: £119,320

TT Electronics (TTG)

Director name: Mr John W Newman

Amount purchased: 250,000 @ 46.90p

Value: £117,250

BBA Aviation (BBA)

Director name: Mr Simon Pryce

Amount purchased: 125,000 @ 79.80p

Value: £99,750

Sports Direct International (SPD)

Director name: Mr Simon Bentley

Amount purchased: 250,000 @ 39.20p

Value: £98,000

John Wood Group (WG.)

Director name: Mr Allister G Langlands

Amount purchased: 50,000 @ 189.30p

Value: £94,650

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