Greencore's Bergin doubles stake

Caroline Bergin, a board member at the Irish convenience food manufacturer Greencore, spent €25,000 more than doubling her stake in the company, it announced today.

She bought 16,000 shares at €1.565 a share and now has 28,658 shares in the company.

The company's share price has fallen sharply since Bergin, who joined Greencore in 1991 as company solicitor, last bought shares, taking just under 5,000 at €2.37 a time.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Greencore, whose prepared foods are sold under brand names such as Heinz and Weight Watchers, saw its share price fall heavily last month after admitting it had "uncovered a deliberate concealment of costs at its Mineral Water business, leading to a material misstatement of financial performance covering the financial years 2006, 2007 and the current financial year."

Top Director Buys

Frontera Resources Corporation (FRR)

Director name: Mr Steve Nicandros

Amount purchased: 60,000 @ 94.50p

Value: £56,700

Greencore Group (GNC)

Director name: Ms Caroline M Bergin

Amount purchased: 16,000 @ € 1.57

Value: € 25,040

Top Director Sells

Oilexco Inc (CDI) (OIL)

Director name: Mr Arthur S Millholland

Amount sold: 235,400 @ 854.15p

Value: £2,010,669

Oilexco Inc (CDI) (OIL)

Director name: Mr Arthur S Millholland

Amount sold: 50,000 @ 867.20p

Value: £433,600

Bankers Petroleum (BNK)

Director name: Mr Ford Nicholson

Amount sold: 200,000 @ 80.70p

Value: £161,400