(Sharecast News) - Bridgepoint shares were in negative territory on Friday afternoon, after the company's chairman spent almost £1m on 400,000 of its shares.

The FTSE 250 firm said William Jackson bought 300,000 shares in the first transaction on Wednesday, and 100,000 in the second on Thursday.

Both tranches of shares were acquired in single transactions on the London Stock Exchange.

In the first, Jackson paid 237.9p for each share for a total of £713,699.98, and in the second he paid 235.4p apiece to value the transaction at £235,400.01.

At 1335 BST, shares in Bridgepoint Group were down 3.75% at 215.8p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Bridgepoint Group (reg S) (BPT)

Director name: Jackson,William

Amount purchased: 300,000 @ 237.90p

Value: £713,699.98

Big Yellow Group (BYG)

Director name: Vetch,Nicholas

Amount purchased: 22,000 @ 1,134.00p

Value: £249,480.00

Bridgepoint Group (reg S) (BPT)

Director name: Jackson,William

Amount purchased: 100,000 @ 235.40p

Value: £235,400.01

Wood Group (john) (WG.)

Director name: Gilmartin ,Ken

Amount purchased: 170,000 @ $1.57

Value: $220,087.42

S4 Capital (SFOR)

Director name: Walker,Rupert Faure

Amount purchased: 96,949 @ 158.39p

Value: £153,557.52

Future (FUTR)

Director name: Ladkin-Brand,Penny

Amount purchased: 7,138 @ 1,387.00p

Value: £99,004.06

Barratt Developments (BDEV)

Director name: Scott,Mike

Amount purchased: 15,744 @ 413.30p

Value: £65,069.95

Redde Northgate (REDD)

Director name: Pattullo ,John

Amount purchased: 20,000 @ 318.66p

Value: £63,731.12

Barratt Developments (BDEV)

Director name: Allan,John

Amount purchased: 12,000 @ 413.85p

Value: £49,662.00

Future (FUTR)

Director name: Byng-Thorne,Zillah

Amount purchased: 2,100 @ 1,382.85p

Value: £29,039.92

Future (FUTR)

Director name: Byng-Thorne,Zillah

Amount purchased: 1,276 @ 1,435.00p

Value: £18,310.60

Cvs Group (CVSG)

Director name: Connell,Richard A

Amount purchased: 3,500 @ 16.18p

Value: £566.30

Cvs Group (CVSG)

Director name: Connell,Richard A

Amount purchased: 1,000 @ 16.18p

Value: £161.80

Centaur Media (CAU)

Director name: Mukerji,Swagatam

Amount purchased: 333 @ 45.00p

Value: £149.85

Top Director Sells

Keywords Studios (KWS)

Director name: Hauck,Jon

Amount sold: 200 @ 2,336.00p

Value: £4,672.00