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Jim Faulds, non-executive chairman of i-design, increased his holding in the advertising company by nearly 50% today, spending £100,000 on shares.
He took 333,333 shares at 30p each and now has just over 1.1m shares in the company which is about 7.8%.
Shares in the company fell June 23 after the group reported higher pre-tax losses and said that results in the short term would be affected by a rescheduling of the implementation of ATM advertising solutions for one customer. On the same day, finance director Ian Hunter bought 12,000 shares at 10p a time.
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Top Director Buys
Indochina Capital Vietnam Hldgs (ICV)
Director name: Mr Miles Quintin Morland
Amount purchased: 50,000 @ $4.85
Value: $242,500
i-design group (IDG)
Director name: Mr James (Jim) Faulds
Amount purchased: 333,333 @ 30.00p
Value: £100,000
China Medical System Holdings (CMSH)
Director name: Mr Hongbing Chen
Amount purchased: 20,000 @ 129.00p
Value: £25,800
Livermore Investments (LIV)
Director name: Mr Noam Lanir
Amount purchased: 102,000 @ 25.00p
Value: £25,500
Company Health Group (CHT)
Director name: Mr George Augustine Gonzales
Amount purchased: 1,166,667 @ 1.50p
Value: £17,500
China Medical System Holdings (CMSH)
Director name: Mr Hongbing Chen
Amount purchased: 10,000 @ 128.00p
Value: £12,800
Top Director Sells
Regal Petroleum (RPT)
Director name: Lord Lord Anthony St John of Bletso
Amount sold: 400,000 @ 212.00p
Value: £848,000
3i Group (III)
Director name: Mr Philip Edward Yea
Amount sold: 60,831 @ 823.50p
Value: £500,943
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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