i-design chairman takes big stake

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