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Oilfield services company John Wood Group said both its chairman and chief executive bought sizeable stakes in the company last week.
Chairman Ian Wood spent £3.1m buying 1.5m shares at 2.03p each, while chief executive Allister Langlands acquired 200,000 shares at £1.97. Both transactions were carried out last Friday.
After the transaction, Woods' stake increased to 89.9m shares or 17% of the group, while Langlands stake rises to 2.1m shares or 0.4%.
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Top Director Buys
John Wood Group (WG.)
Director name: Sir Sir Ian C Wood
Amount purchased: 1,529,783 @ 203.10p
Value: £3,106,989
John Wood Group (WG.)
Director name: Mr Allister G Langlands
Amount purchased: 200,000 @ 197.60p
Value: £395,200
OPD Group (OPD)
Director name: Mr Peter Hearn
Amount purchased: 500,000 @ 79.00p
Value: £395,000
Premier Foods (PFD)
Director name: Mr Robert Schofield
Amount purchased: 607,721 @ 32.70p
Value: £198,725
RSA Insurance Group (RSA)
Director name: Mr John Napier
Amount purchased: 100,000 @ 121.00p
Value: £121,000
Cape Lambert Iron Ore (CLIO)
Director name: Mr Anthony W P Sage
Amount purchased: 250,000 @ 15.78p
Value: £39,450
Cape (CIU)
Director name: Mr Martin K May
Amount purchased: 50,000 @ 82.60p
Value: £41,300
Healthcare Locums (HLO)
Director name: Ms Kate Bleasdale
Amount purchased: 35,000 @ 97.50p
Value: £34,125
Lamprell (LAM)
Director name: Mr Peter Gibbs Birch
Amount purchased: 25,000 @ 129.00p
Value: £32,250
Premier Foods (PFD)
Director name: Mr Bob Spooner
Amount purchased: 100,000 @ 30.00p
Value: £30,000
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.
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