(Sharecast News) - Checkit revealed on Thursday that chief executive Kit Kyte had acquired 618,745 ordinary shares in the AIM-listed automated monitoring platform operator.

Kyte, who took over as CEO in June 2021, purchased the shares at an average price of 16.16p each, for a total value of £100,001.57.

Following the transactions, Kyte holds a beneficial interest in 2.49m ordinary Checkit shares, representing approximately 2.31% of the company's issued share capital.

As of 1540 BST, Checkit shares were up 3.03% at 17p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Seplat Energy (di) (SEPL)

Director name: O. Elumelu,Tony

Amount purchased: 6,000,000 @ 887.00p

Value: £53,219,999.31

Hansa Investment Company Limited (di) (HAN)

Director name: Lightowler,Richard

Amount purchased: 74,000 @ 338.00p

Value: £250,120.01

Checkit (CKT)

Director name: Kyte,Kit

Amount purchased: 618,745 @ 16.16p

Value: £100,001.57

Tracsis (TRCS)

Director name: Paterson,Ross

Amount purchased: 7,585 @ 329.50p

Value: £24,992.58

Tracsis (TRCS)

Director name: Routh,James

Amount purchased: 6,271 @ 318.90p

Value: £19,998.22

Costain Group (COST)

Director name: Quinlan,Anthony (Tony) James

Amount purchased: 5,692 @ 262.16p

Value: £14,922.15

Seen (SEEN)

Director name: Hargrave,Adrian

Amount purchased: 100,000 @ 5.05p

Value: £5,050.00

Tracsis (TRCS)

Director name: Routh,James

Amount purchased: 1,567 @ 318.90p

Value: £4,997.16

Top Director Sells

Babcock International Group (BAB)

Director name: Mellors,David

Amount sold: 135,451 @ 988.72p

Value: £1,339,231.18