(Sharecast News) - Digital identity specialist Intercede was in the red on Tuesday afternoon, after its chairman spent almost £40k on shares.

The company said Royston Hoggarth bought 75,493 shares on Monday on the London Stock Exchange.

He paid an average price of 49.6p per share, valuing the transaction at £37,444.53.

Following the purchase, Hoggarth had an increased shareholding of 244,214 shares in the company, representing 0.42% of its issued capital.

At 1548 BST, shares in Intercede Group were down 8.26% at 50p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Derwent London (DLN)

Director name: Williams,Paul M.

Amount purchased: 2,576 @ 1,925.96p

Value: £49,612.73

Derwent London (DLN)

Director name: George,Nigel Q

Amount purchased: 2,576 @ 1,925.96p

Value: £49,612.73

Intercede Group (IGP)

Director name: Hoggarth,Royston

Amount purchased: 75,493 @ 49.60p

Value: £37,444.53

Derwent London (DLN)

Director name: Wisniewski,Damian

Amount purchased: 1,288 @ 1,925.96p

Value: £24,806.36

Lendinvest (LINV)

Director name: Lockhart,Roderick

Amount purchased: 27,111 @ 67.50p

Value: £18,299.93

Capita (CPI)

Director name: Lowden,David S

Amount purchased: 75,000 @ 20.45p

Value: £15,340.50

Cmo Group (CMO)

Director name: Packer,Suzanne

Amount purchased: 30,000 @ 31.80p

Value: £9,540.00

Odyssean Investment Trust (OIT)

Director name: Cecil ,Arabella

Amount purchased: 3,278 @ 154.80p

Value: £5,074.34

Severn Trent (SVT)

Director name: Nebhrajani,Sharmila

Amount purchased: 130 @ 2,288.50p

Value: £2,975.05

Oracle Power (ORCP)

Director name: Memon,Naheed

Amount purchased: 486,358 @ 0.25p

Value: £1,215.89

F&c Investment Trust (FCIT)

Director name: Hollond,Beatrice

Amount purchased: 110 @ 899.93p

Value: £989.92

Bp (BP.)

Director name: Auchincloss,Murray

Amount purchased: 80 @ 469.10p

Value: £375.28

Bp (BP.)

Director name: Looney,Bernard

Amount purchased: 65 @ 469.10p

Value: £304.91

Grainger (GRI)

Director name: Gordon,Helen

Amount purchased: 132 @ 230.40p

Value: £304.13

Grainger (GRI)

Director name: Hudson ,Robert

Amount purchased: 130 @ 230.40p

Value: £299.52

Oracle Power (ORCP)

Director name: Migge,Andreas

Amount purchased: 97,271 @ 0.25p

Value: £243.18

Croda International (CRDA)

Director name: Brophy ,Tom

Amount purchased: 3 @ 6,634.00p

Value: £199.02

Oracle Power (ORCP)

Director name: Hutchins ,David (Sam)

Amount purchased: 73,926 @ 0.25p

Value: £184.81

Softcat (SCT)

Director name: Charlton,Graham

Amount purchased: 13 @ 1,207.00p

Value: £156.91

Mj Hudson Group Npv (MJH)

Director name: Lahav,Odi

Amount purchased: 632 @ 24.00p

Value: £151.68

Mj Hudson Group Npv (MJH)

Director name: Connell,Peter

Amount purchased: 632 @ 24.00p

Value: £151.68

Sse (SSE)

Director name: Alexander,Gregor

Amount purchased: 10 @ 1,513.29p

Value: £151.33

Sabre Insurance Group (SBRE)

Director name: Carter,Geoffrey Richard

Amount purchased: 158 @ 95.20p

Value: £150.42

Qinetiq Group (QQ.)

Director name: Wadey ,Steve

Amount purchased: 44 @ 340.99p

Value: £150.03

Oxford Nanopore Technologies (ONT)

Director name: Cowper,Timothy

Amount purchased: 60 @ 247.00p

Value: £148.20

Oxford Instruments (OXIG)

Director name: Barkshire,Ian

Amount purchased: 8 @ 1,833.00p

Value: £146.64

Oxford Instruments (OXIG)

Director name: Hill,Gavin

Amount purchased: 8 @ 1,833.00p

Value: £146.64

Softcat (SCT)

Director name: Watt,Graeme

Amount purchased: 12 @ 1,207.00p

Value: £144.84

Oracle Power (ORCP)

Director name: Steed,Mark

Amount purchased: 55,445 @ 0.25p

Value: £138.61

Croda International (CRDA)

Director name: Maiden,Jez K

Amount purchased: 2 @ 6,634.00p

Value: £132.68

Croda International (CRDA)

Director name: Foots,Steve

Amount purchased: 2 @ 6,634.00p

Value: £132.68

Sse (SSE)

Director name: Phillips-Davies,Alistair

Amount purchased: 8 @ 1,513.29p

Value: £121.06

F&c Investment Trust (FCIT)

Director name: Knapp,Edward

Amount purchased: 11 @ 899.93p

Value: £98.99

Top Director Sells

Blancco Technology Group (BLTG)

Director name: Jones,Matt

Amount sold: 108,000 @ 181.50p

Value: £196,020.01

Blancco Technology Group (BLTG)

Director name: Moloney,Adam

Amount sold: 36,789 @ 181.50p

Value: £66,772.04