(Sharecast News) - Acceler8 Ventures revealed on Tuesday that chairman Nigel Rudd had acquired 121,429 ordinary shares in the London-listed life sciences business.

Rudd, who joined Accler8 in August 2023, purchased the shares at an average price of 70p each, for a total price of £85,000.30.

Following the transaction, Rudd holds a beneficial interest in 10.64m ordinary Acceler8 shares, representing approximately 1.40% of the company's issued ordinary share capital.

As of 1530 BST, Acceler8 shares were up 4.84% at 65p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

The Character Group (CCT)

Director name: Shah,Kirankumar Premshand

Amount purchased: 67,611 @ 310.00p

Value: £209,594.09

Acceler8 Ventures (AC8)

Director name: Rudd,Nigel

Amount purchased: 121,429 @ 70.00p

Value: £85,000.30

Trekor Metals Limited Npv (di) (TKO)

Director name: Hallbauer,Russell

Amount purchased: 9,000 @ $11.16

Value: $59,421.40

Top Director Sells

The Character Group (CCT)

Director name: Shah,Kirankumar Premshand

Amount sold: 67,611 @ 310.00p

Value: £209,594.09