Non-executive chairman Aubrey Adams has opened his account in Air Partner, the aircraft charter company used by the Queen, by spending more than £60,000 on shares.
He bought 2,500 shares at 805p and 5,000 at 815p.
Air Partner, which operates at Biggin Hill Airport near London and several worldwide locations, said last month that it was trading in line with expectations and that forward orders were more than 41% ahead of last year.
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
"Air Partner's 23 offices in 15 countries, (spanning Europe, North America, the Middle East and Asia) provide significant diversification and continue to support the group's aim to reduce the impact of economic fluctuations on revenues," the company said.
Aubrey Adams is a former chief executive of the real estate company Savills.
Top Director Buys
H.R. Owen (HRO)
Director name: Mr Brendan Moynahan
Amount purchased: 60,000 @ 117.80p
Value: £70,680
RSA Insurance Group (RSA)
Director name: Mr John Napier
Amount purchased: 35,000 @ 138.80p
Value: £48,580
Omega Insurance Holdings (OIH)
Director name: Mr Walter Fiederowicz
Amount purchased: 33,368 @ 145.00p
Value: £48,384
Air Partner (AIP)
Director name: Mr Aubrey J Adams
Amount purchased: 5,000 @ 815.00p
Value: £40,750
Omega Insurance Holdings (OIH)
Director name: Mr Clifford Palmer
Amount purchased: 20,196 @ 145.00p
Value: £29,284
BlueBay Asset Management (BBAY)
Director name: Mr Alan Gibbins
Amount purchased: 10,000 @ 270.30p
Value: £27,030
Omega Insurance Holdings (OIH)
Director name: Mr Nicholas Warren
Amount purchased: 14,050 @ 145.00p
Value: £20,372
Air Partner (AIP)
Director name: Mr Aubrey J Adams
Amount purchased: 2,500 @ 805.00p
Value: £20,125
Omega Insurance Holdings (OIH)
Director name: Mr Christopher Clarke
Amount purchased: 13,793 @ 145.00p
Value: £20,000
Top Director Sells
Albemarle & Bond (ABM)
Director name: Mr Philip Patrick Murphy
Amount sold: 100,000 @ 210.00p
Value: £210,000
Thorpe (F.W.) (TFW)
Director name: Mr Michael Allcock
Amount sold: 3,800 @ 585.00p
Value: £22,230
