(Sharecast News) - Franchise Brands revealed on Thursday that executive chairman Stephen Hemsley had acquired 72,500 ordinary shares in the AIM-listed franchise operator.

Hemsley, who co-founded Franchise Brands in 2008, purchased the shares on Wednesday at an average price of 116.14p each, for a total value of £84,199.98.

Following the transaction, Hemsley holds a beneficial interest in 22.97m ordinary Franchise Brands shares, representing 11.85% of the company's issued share capital.

As of 1525 GMT, Franchise Brands shares were down 0.84% at 117.50p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Franchise Brands (FRAN)

Director name: Hemsley,Stephen

Amount purchased: 72,500 @ 116.14p

Value: £84,199.98

Chesnara (CSN)

Director name: Murray,Steve

Amount purchased: 17,327 @ 292.83p

Value: £50,737.96

Everplay Group (EVPL)

Director name: Weider,Mikkel

Amount purchased: 21,526 @ 234.00p

Value: £50,370.84

Savills (SVS)

Director name: Orders,Richard

Amount purchased: 5,000 @ 830.50p

Value: £41,525.00

Sigmaroc (SRC)

Director name: Beek,Jan Van

Amount purchased: 22,000 @ 122.00p

Value: £26,840.00

M. P. Evans Group (MPE)

Director name: Ashton,Tanya

Amount purchased: 669 @ 1,492.92p

Value: £9,987.63

Top Director Sells

Taseko Mines Limited Npv (di) (TKO)

Director name: Hallbauer,Russell

Amount sold: 100,000 @ $8.56

Value: $506,419.00

Chesnara (CSN)

Director name: Howard,Tom

Amount sold: 14,890 @ 295.11p

Value: £43,942.04

Frontier Developments (FDEV)

Director name: Braben ,David John

Amount sold: 9,000 @ 346.00p

Value: £31,140.00

Chesnara (CSN)

Director name: Murray,Steve

Amount sold: 6,971 @ 297.61p

Value: £20,746.40

Macfarlane Group (MACF)

Director name: Atkinson,Peter

Amount sold: 38,077 @ 6.40p

Value: £2,436.93

Macfarlane Group (MACF)

Director name: Gray,Ivor

Amount sold: 19,680 @ 6.40p

Value: £1,259.52