(Sharecast News) - Hostmore shares were in the red on Monday afternoon, after it disclosed two purchases made by a non-executive director.

The company, which operates the TGI Fridays and 63rd+1st restaurant brands in the UK, said Stephen Welker bought 500,000 shares on 22 September, and another 312,500 on 23 September.

His single transaction on 22 September saw him spend £82,915.50 at a share price of 16.58p each.

On 23 September, Welker made the purchases in two tranches, with the first being for 250,000 shares at 16.58p apiece for a total value of £42,457.75.

The second tranche saw him buy 62,500 shares for 16.7p each, for a value of £10,437.50.

Following the purchase, Hostmore said Welker held a total of 4,045,850 shares, of which 189,268 shares were held in his own name and 3,856,582 shares were held by Beechenbrook Holdings LLC, of which Welker is the sole owner.

At 1422 BST, shares in Hostmore were down 0.77% at 16.77p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Hostmore (MORE)

Director name: Welker ,Stephen

Amount purchased: 500,000 @ 16.58p

Value: £82,915.50

Hostmore (MORE)

Director name: Welker ,Stephen

Amount purchased: 250,000 @ 16.58p

Value: £41,457.75

888 Holdings (di) (888)

Director name: Mendelsohn,Jonathan (Jon)

Amount purchased: 28,015 @ 117.70p

Value: £32,973.66

Cvs Group (CVSG)

Director name: Fairman,Richard

Amount purchased: 1,205 @ 1,658.54p

Value: £19,985.41

Cvs Group (CVSG)

Director name: Jacklin,Ben

Amount purchased: 1,228 @ 1,627.01p

Value: £19,979.68

Cvs Group (CVSG)

Director name: Jacklin,Ben

Amount purchased: 1,227 @ 1,628.28p

Value: £19,979.00

Centralnic Group (CNIC)

Director name: Royde ,Max

Amount purchased: 14,000 @ 115.93p

Value: £16,230.20

Cvs Group (CVSG)

Director name: Wilton,David

Amount purchased: 1,000 @ 1,618.53p

Value: £16,185.30

Centralnic Group (CNIC)

Director name: Royde ,Max

Amount purchased: 10,823 @ 117.52p

Value: £12,719.19

European Assets Trust (EAT)

Director name: Breuer,Martin

Amount purchased: 14,300 @ 83.00p

Value: £11,869.00

Centralnic Group (CNIC)

Director name: Royde ,Max

Amount purchased: 10,085 @ 117.36p

Value: £11,835.76

Chariot Limited (CHAR)

Director name: Hockey,Andrew R.

Amount purchased: 60,000 @ 18.44p

Value: £11,064.00

Hostmore (MORE)

Director name: Welker ,Stephen

Amount purchased: 62,500 @ 16.70p

Value: £10,437.50

Londonmetric Property (LMP)

Director name: Wilton,Rosalyn

Amount purchased: 5,432 @ 183.00p

Value: £9,940.56

Londonmetric Property (LMP)

Director name: Wilton,Rosalyn

Amount purchased: 5,663 @ 175.00p

Value: £9,910.25

Games Workshop Group (GAW)

Director name: Rountree,Kevin

Amount purchased: 111 @ 7,437.00p

Value: £8,255.07

Centrica (CNA)

Director name: Rudd ,Amber

Amount purchased: 2,508 @ 76.58p

Value: £1,920.71

Top Director Sells

Smith (ds) (SMDS)

Director name: Marsh ,Adrian

Amount sold: 38,493 @ 263.50p

Value: £101,429.05