(Sharecast News) - ITV revealed on Wednesday that chairman designate Andrew Cosslett had acquired 301,889 ordinary shares in the FTSE 250-listed media group.

Cosslett, who was named as ITV's next chairman back in March, purchased the shares on Tuesday at an average price of 69.21p each, for a total value of £208,948.24.

Earlier in June, ITV agreed to acquire a majority interest of 79.5% in Plimsoll Productions, the largest independent producer of natural history programmes in the world.

ITV said will make a cash consideration of approximately £103.5m for Plimsoll, valuing the Bristol-based business at an enterprise value of £131.0m.

As of 1505 BST, ITV shares were down 2.45% at 67.82p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Itv (ITV)

Director name: Cosslett,Andrew

Amount purchased: 301,889 @ 69.21p

Value: £208,948.24

Inspects Group (SPEC)

Director name: Totterman,Robin

Amount purchased: 34,482 @ 290.00p

Value: £99,997.80

Ig Design Group (IGR)

Director name: Hedlund,S Anders

Amount purchased: 75,000 @ 78.70p

Value: £59,025.00

Oakley Capital Investments Ltd. (di) (OCI)

Director name: Foulger,Caroline

Amount purchased: 10,000 @ 383.00p

Value: £38,300.00

Ig Design Group (IGR)

Director name: Gilliland,Stewart

Amount purchased: 50,000 @ 72.80p

Value: £36,400.00

Inspects Group (SPEC)

Director name: Kay,Christopher

Amount purchased: 8,000 @ 290.00p

Value: £23,200.00

Ig Design Group (IGR)

Director name: Askem,Clare

Amount purchased: 24,096 @ 83.00p

Value: £19,999.68

Ig Design Group (IGR)

Director name: Tentori ,Mark

Amount purchased: 28,554 @ 70.00p

Value: £19,987.80

Ig Design Group (IGR)

Director name: Burn ,Lance

Amount purchased: 25,679 @ 77.80p

Value: £19,978.26

Apax Global Alpha Limited (APAX)

Director name: Ambler,Christopher

Amount purchased: 6,605 @ 181.65p

Value: £11,998.02

Arcontech Group (ARC)

Director name: Barton,Louise Maxwell

Amount purchased: 15,000 @ 73.84p

Value: £11,076.00

Tavistock Investments (TAVI)

Director name: Raven,Brian

Amount purchased: 120,000 @ 8.30p

Value: £9,958.68

Tavistock Investments (TAVI)

Director name: Raven,Brian

Amount purchased: 110,000 @ 8.00p

Value: £8,800.00

Arcontech Group (ARC)

Director name: Jeffs ,Matthew

Amount purchased: 10,000 @ 73.99p

Value: £7,399.00

Aviva (AV.)

Director name: Lambert,Pippa

Amount purchased: 1,278 @ 421.00p

Value: £5,380.38

Warpaint London (W7L)

Director name: Sadler,Keith

Amount purchased: 3,015 @ 126.00p

Value: £3,798.90

Top Director Sells

Liontrust Asset Management (LIO)

Director name: Abrol,Vinay Kumar

Amount sold: 21,074 @ 985.00p

Value: £207,578.91

Tremor International Ltd (di) (TRMR)

Director name: Carmi ,Yaniv

Amount sold: 48,122 @ $4.45

Value: $176,492.31

Judges Scientific (JDG)

Director name: Ormsby,Bradley Leonard

Amount sold: 536 @ 7,350.00p

Value: £39,396.00

Severfield (SFR)

Director name: Randall,Derek

Amount sold: 49,073 @ 62.00p

Value: £30,425.26

Severfield (SFR)

Director name: Semple,Adam

Amount sold: 17,357 @ 62.00p

Value: £10,761.34