Directors at Neteller spent a combined total of more than £60,000 on shares in the online payments company today.
President and chief executive Ron Martin bought 50,000 shares and now has 60,000 shares, while chairman Dale Johnson lifted his stake by 16,000 shares to 25,000. Non-executive director Don Lindsay took 20,000 shares, his sole holding in the company. Each paid just over 60p a share.
The company said last month that it was pleased with the progress made in the year to date.
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Trading in the first month has shown promising signs with April's fee revenue at $3.8m, an increase of 15% from March's comparable revenue.
Top Director Buys
Dolphin Capital Investors (DCI)
Director name: Mr Miltos Kambourides
Amount purchased: 300,000 @ 109.00p
Value: £327,000
Canaccord Capital (CCI)
Director name: Mr Paul Reynolds
Amount purchased: 25,000 @ 433.69p
Value: £108,422
Beazley Group (BEZ)
Director name: Mr Nicholas Furlong
Amount purchased: 100,000 @ 107.00p
Value: £107,000
Beazley Group (BEZ)
Director name: Mr Andrew Beazley
Amount purchased: 100,000 @ 107.00p
Value: £107,000
Omega Insurance Holdings (OIH)
Director name: Mr John Robinson
Amount purchased: 60,000 @ 141.50p
Value: £84,900
Beazley Group (BEZ)
Director name: Mr Andrew Horton
Amount purchased: 50,000 @ 107.00p
Value: £53,500
Mondi (MNDI)
Director name: Mr Peter Oswald
Amount purchased: 10,000 @ 310.80p
Value: £31,080
NETeller (NLR)
Director name: Mr Ron Martin
Amount purchased: 50,000 @ 60.10p
Value: £30,050
Alliance Trust (ATST)
Director name: Mrs Lesley M S Knox
Amount purchased: 9,200 @ 322.50p
Value: £29,670
Beazley Group (BEZ)
Director name: Mr Jonathan Agnew
Amount purchased: 25,000 @ 107.80p
Value: £26,950
Top Director Sells
PayPoint (PAY)
Director name: Mr David Morrison
Amount sold: 100,150 @ 602.00p
Value: £602,903
PayPoint (PAY)
Director name: Mr David Morrison
Amount sold: 100,149 @ 602.00p
Value: £602,897
Bankers Petroleum (BNK)
Director name: Mr Susan Soprovich
Amount sold: 200,000 @ 102.87p
Value: £205,740
Bankers Petroleum (BNK)
Director name: Mr Richard Alan Wadsworth
Amount sold: 139,600 @ 101.87p
Value: £142,211
Rheochem (RHEP)
Director name: Mr Craig McGuckin
Amount sold: 1,000,000 @ 13.60p
Value: £136,000
Bankers Petroleum (BNK)
Director name: Mr Richard Alan Wadsworth
Amount sold: 35,400 @ 101.36p
Value: £35,881
Bankers Petroleum (BNK)
Director name: Mr Richard Alan Wadsworth
Amount sold: 25,000 @ 101.87p
Value: £25,468
