BSS finance chief adds more shares

12th Jan 2010 16:38

BSS Group finance director Roddy Murray has made his third purchase of shares in the plumbing products distributor in the past four months. Murray spent £20,733 on 7,482 shares at 277.1p each. That took his stake to 101,015 shares. Murray bought 7,500 shares at 250.197p each on 4 December and 10,000 shares at 311.4p each on 16 September. Murray has invested just short of £71,000 on BSS shares since the middle of September. Murray has been on the BSS board since May 2006 and before that he was finance director at menswear retailer Moss Bros.BSS reported a 5% decline in revenues to £650.6m in the six months to September 2009. Adjusted pre-tax profit fell from £30.4m to £23.3m. That excludes £1.2m of redundancy costs. BSS is trying to offset the weak economy by reducing its operating costs. The main operations are gaining market share. Analysts expect full year profits of around £46m. Top Director BuysDairy Farm International (Singapore) (DFI) Director name: Mr Ronald J FlotoAmount purchased: 26,100 @ $6.14 Value: $160,319Naya Bharat Property Company (NBPC) Director name: Mr Alexander Anderson S WhamondAmount purchased: 235,000 @ $0.38 Value: $88,125Oxus Gold (OXS) Director name: Mr Richard B SheadAmount purchased: 247,429 @ 10.10p Value: £24,990Oxus Gold (OXS) Director name: Mr John DonaldAmount purchased: 208,524 @ 10.10p Value: £21,061BSS Group (BTSM) Director name: Mr Roddy MurrayAmount purchased: 7,482 @ 277.10p Value: £20,733Xtract Energy (XTR) Director name: Mr Andrew John Gowdy MorrisonAmount purchased: 500,000 @ 2.75p Value: £13,750Top Director SellsWestern Coal Corp. (WTN) Director name: Mr John J ByrneAmount sold: 600,000 @ 248.74p Value: £1,492,440First Derivatives (FDP) Director name: Mr Michael O'NeillAmount sold: 100,000 @ 275.00p Value: £275,000