(Sharecast News) - Focusrite revealed on Tuesday that chairman designate Ian Barkshire had acquired 87,280 ordinary shares in the AIM-listed audio products group.

Barkshire, who will take over from Philip Dudderidge in July, purchased the shares on Monday at an average price of 200p each, for a total price of £174,560.

As of 1530 BST, Focusrite shares were up 11.95% at 223.90p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Focusrite (TUNE)

Director name: Barkshire,Ian

Amount purchased: 87,280 @ 200.00p

Value:£174,560.00

Iofina (IOF)

Director name: Hughes,Tim

Amount purchased: 20,003 @ 50.00p

Value: £10,001.50

Top Director Sells

Accesso Technology Group (ACSO)

Director name: Boyle ,Matthew

Amount sold: 1,812 @ 319.42p

Value: £5,787.82