BlackRock's new director buys first shares

21st Jul 2015 16:20

(ShareCast News) - The new non-executive director at BlackRock Income Strategies Trust bought his first shares in the company on Tuesday.Julian Sinclair purchased 36,200 for an individual price of 137.55p, spending a total of £49,793.Sinclair joined the board on Tuesday as non-executive director and will also serve as a member of the company's audit and management engagement committees and nomination committee.Chairman James Long said: "We are delighted that Mr Sinclair has decided to join the board of directors and believe that his experience in multi-asset investing will be of significant benefit."We all look forward with enthusiasm to working together as an enhanced Board to deliver on the company's investment objective and strategy."Top Director BuysBlackRock Income Strategies Trust (BIST) Director name: Mr Julian Lloyd SinclairAmount purchased: 36,200 @ 137.55p Value: £49,793Frontier Resources International (FRI) Director name: Mr Michael John (Jack) KeyesAmount purchased: 14,127,036 @ 0.35p Value: £49,445DotDigital Group (DOTD) Director name: Ms Simone Jennifer Mary BarrattAmount purchased: 85,500 @ 34.30p Value: £29,326European Wealth Group Limited (EWG) Director name: Mr John MortonAmount purchased: 15,000 @ 83.00p Value: £12,450European Wealth Group Limited (EWG) Director name: Mr Roderick GentryAmount purchased: 15,000 @ 83.00p Value: £12,450Infrastructure India (IIP) Director name: Mr Rahul (Sonny) LullaAmount purchased: 60,000 @ 19.83p Value: £11,898F&C Global Smaller Companies (FCS) Director name: Mr David StilemanAmount purchased: 1,000 @ 1,004.00p Value: £10,040Top Director SellsMatchtech Group (MTEC) Director name: Mr George MaternaAmount sold: 60,000 @ 567.50p Value: £340,500RPC Group (RPC) Director name: Mr Petrus R M VervaatAmount sold: 35,276 @ 682.50p Value: £240,759Argos Resources Ltd. (DI) (ARG) Director name: Mr James RaggAmount sold: 150,000 @ 7.40p Value: £11,100