(Sharecast News) - B&M European Value Retail revealed on Thursday that chief exectuive Tjeerd Jegen had acquired 31,850 ordinary shares in the London-listed retailer.

Jegen, who took over as CEO in June, purchase the shares on Tuesday at an average price of 155.25p each, for a total value of £49,447.13.

As of 1540 GMT, B&M shares were down 0.23% at 165.47p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

B&m European Value Retail S.a. (di) (BME)

Director name: Jegen ,Tjeerd

Amount purchased: 31,850 @ 155.25p

Value: £49,447.13

Property Franchise Group (TPFG)

Director name: Brook,Michelle

Amount purchased: 10,000 @ 480.50p

Value: £48,050.00

British American Tobacco (BATS)

Director name: Marroco,Tadeu

Amount purchased: 170 @ 4,222.24p

Value: £7,177.81

British American Tobacco (BATS)

Director name: Marroco,Tadeu

Amount purchased: 170 @ 4,222.24p

Value: £7,177.81

Top Director Sells