Peter Oswald, chief executive of paper producer Mondi's Europe and international division, spent more than £60,000 on shares in the company yesterday, it revealed today.
He bought 10,000 shares at 325.8p a share and the same number at 318.8p a share, taking his holding in the company to 120,000 shares.
Mondi's share price has slipped slightly since Oswald last bought in on June 2, taking 10,000 shares at 354.5p a go.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely 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
On May 2, Mondi, which makes paper and packaging products from trees grown in South Africa and Russia, said it was confident of making progress over 2008, despite uncertainty over pricing and demand developments.
Top Director Buys
Allied Irish Banks (ALBK)
Director name: Mr Dermot O F Gleeson
Amount purchased: 40,000 @ € 11.13
Value: € 445,200
Investec (INVP)
Director name: Mr Stephen Koseff
Amount purchased: 100,000 @ 299.00p
Value: £299,000
Africa Opportunity Fund (AOF)
Director name: Mr Francis Daniels
Amount purchased: 250,000 @ $0.93
Value: $232,500
Fairpoint Group (FRP)
Director name: Mr Christopher Moat
Amount purchased: 174,864 @ 30.00p
Value: £52,459
West China Cement (WCC)
Director name: Mr Robert Sinclair Robertson
Amount purchased: 25,000 @ 149.00p
Value: £37,250
Mondi (MNDI)
Director name: Mr Peter Oswald
Amount purchased: 10,000 @ 325.80p
Value: £32,580
Mondi (MNDI)
Director name: Mr Peter Oswald
Amount purchased: 10,000 @ 318.80p
Value: £31,880
OCZ Technology Group (Reg S) (OCZ)
Director name: Mr Arthur F Knapp
Amount purchased: 115,000 @ 23.00p
Value: £26,450
Abacus Group (ABU)
Director name: Mr Martin Kent
Amount purchased: 80,000 @ 33.00p
Value: £26,400
Hallin Marine Subsea International (HMS)
Director name: Mr Mike Arnold
Amount purchased: 15,000 @ 162.00p
Value: £24,300
Top Director Sells
Xstrata (XTA)
Director name: Mr Trevor Reid
Amount sold: 148,498 @ 4,156.00p
Value: £6,171,577
Xstrata (XTA)
Director name: Mr Trevor Reid
Amount sold: 100,000 @ 4,201.00p
Value: £4,201,000
Xstrata (XTA)
Director name: Mr Trevor Reid
Amount sold: 51,502 @ 4,156.00p
Value: £2,140,423
G4S (GFS)
Director name: Mr Nicholas P Buckles
Amount sold: 51,493 @ 213.30p
Value: £109,835
-
Parental contributions to kids' university living costs could reach £14,000 a yearParents helping kids with university living costs face contributions of up to £14,000 per year, according to a report from HEPI and TechnologyOne.
-
Rightmove: property asking prices hit record highNews Rising demand for top of the ladder home is boosting asking prices, Rightmove research shows. Is now a good time to sell a property?
