(Sharecast News) - Ashtead Technology revealed on Wednesday that chairman Bill Shannnon had acquired 30,000 ordinary shares in the London-listed subsea technology firm.

Shannon, who took over as chairman in 2021, purchased the shares on Tuesday at an average price of £3.85 each, for a total value of £115,500.

As of 1545 BST, Ashtead shares were down 2.32% at 358p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Ashtead Technology Holdings (AT.)

Director name: Shannon,William(Bill) Mervyn FrewCarey

Amount purchased: 30,000 @ 385.00p

Value: £115,500.00

Ashtead Technology Holdings (AT.)

Director name: Cahuzac,Jean

Amount purchased: 8,600 @ 378.59p

Value: £32,558.74

Ashtead Technology Holdings (AT.)

Director name: Færøvik ,Kristin

Amount purchased: 4,716 @ 358.67p

Value: £16,914.88

Ashtead Technology Holdings (AT.)

Director name: Thomsen,Thomas

Amount purchased: 2,910 @ 369.50p

Value: £10,752.45

Top Director Sells

Frontier Developments (FDEV)

Director name: Braben ,David John

Amount sold: 5,000 @ 380.00p

Value: £19,000.00