(Sharecast News) - Intermediate Capital Group was trading lower on Thursday, after it emerged that its chief executive and investment officer had purchased almost £0.3m worth of shares,

The company said Benoit Durteste picked up 30,000 shares on Wednesday.

He paid 988.02p for each share, valuing the transaction at a total of £296,406.61.

As a result, Intermediate Capital said Durteste and people connected to him held a total of 1,365,842 of its shares, being 0.47% of its ordinary share capital excluding treasury shares.

At 1122 BST, shares in Intermediate Capital Group were down 3.46% at 971.2p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Adriatic Metals (ADT1)

Director name: Rawlinson,Michael Ian

Amount purchased: 596,878 @ $2.01

Value: $635,010.54

Adriatic Metals (ADT1)

Director name: Bates,Sandra

Amount purchased: 437,574 @ $2.01

Value: $465,529.14

Intermediate Capital Group (ICP)

Director name: Durteste,Benoit

Amount purchased: 30,000 @ 988.02p

Value: £296,406.61

Musicmagpie (MMAG)

Director name: Oliver,Steven

Amount purchased: 1,350,000 @ 13.76p

Value: £185,760.01

Oxford Nanopore Technologies (ONT)

Director name: Brown,Clive

Amount purchased: 63,985 @ 233.75p

Value: £149,564.94

Musicmagpie (MMAG)

Director name: Hellawell,Martin

Amount purchased: 800,000 @ 12.73p

Value: £101,840.00

Musicmagpie (MMAG)

Director name: Storey,Ian

Amount purchased: 725,000 @ 13.69p

Value: £99,252.49

Litigation Capital Management Limited (di) (LIT)

Director name: Moulds,Jonathan

Amount purchased: 100,000 @ 72.72p

Value: £72,720.00

Elementis (ELM)

Director name: Waterman ,Paul

Amount purchased: 75,000 @ $1.02

Value: $63,082.38

Trident Royalties (TRR)

Director name: Hughes,Richard John

Amount purchased: 125,000 @ 49.95p

Value: £62,437.50

Open Orphan (ORPH)

Director name: Mo' Khan,Yamin

Amount purchased: 510,204 @ 9.80p

Value: £49,999.99

Centralnic Group (CNIC)

Director name: Royde ,Max

Amount purchased: 30,565 @ 112.95p

Value: £34,523.17

Centralnic Group (CNIC)

Director name: Royde ,Max

Amount purchased: 25,157 @ 112.23p

Value: £28,233.70

Glantus Holdings (GLAN)

Director name: Smith ,Diane Elizabeth Gray-

Amount purchased: 150,000 @ 14.83p

Value: £22,249.95

Centralnic Group (CNIC)

Director name: Royde ,Max

Amount purchased: 19,448 @ 109.26p

Value: £21,248.88

Trident Royalties (TRR)

Director name: Hughes,Richard John

Amount purchased: 40,000 @ 49.83p

Value: £19,932.00

Musicmagpie (MMAG)

Director name: Fowler,Matthew

Amount purchased: 175,000 @ 10.56p

Value: £18,480.00

Ashoka India Equity Investment Trust (AIE)

Director name: Booth,Jerome

Amount purchased: 2,755 @ 212.50p

Value: £5,854.38

Trident Royalties (TRR)

Director name: Hughes,Richard John

Amount purchased: 10,000 @ 50.00p

Value: £5,000.00

Ashoka India Equity Investment Trust (AIE)

Director name: Skinner,Jamie

Amount purchased: 2,073 @ 212.50p

Value: £4,405.13

Top Director Sells

Adriatic Metals (ADT1)

Director name: Bates,Sandra

Amount sold: 437,574 @ $1.91

Value: $442,368.48

Adriatic Metals (ADT1)

Director name: Rawlinson,Michael Ian

Amount sold: 224,918 @ $1.91

Value: $227,382.42