Director dealings: ITV's chairman elect forks out for shares

9th Mar 2016 16:20

(ShareCast News) - Ahead of his promotion to chairman, ITV non-executive director Peter Bazalgette has invested £350,000 in the broadcaster's shares.Bazalgette, who will take up the role after the FTSE 100 company's annual shareholder meeting on 12 May, bought 150,430 shares at a price of 231.5p apiece.Known in the industry as 'Baz', he has been a non-executive director of ITV since June 2013, having gained fame and notoriety as chairman of Endemol UK, the TV producer that trebled its valuation by developing reality television and lifestyle TV programmes such as 'Big Brother', 'Ready Steady Cook' and 'Changing Rooms'.ITV shares, which last week hit a 52-week low, rose 2p to 232p by the close on Wednesday.Top Director BuysITV (ITV)Director name: Bazalgette,PeterAmount purchased: 150,430 @ 231.50pValue: £348,245.46Exova Group (EXO)Director name: El-Mokadem,IanAmount purchased: 50,000 @ 145.98pValue: £72,990.00Majestic Wine (WINE)Director name: Hodder,Brian GregoryAmount purchased: 10,000 @ 433.00pValue: £43,300.00Foreign And Colonial Inv Trust (FRCL)Director name: Bone, RogerAmount purchased: 230 @ 431.60pValue: £992.68Foreign And Colonial Inv Trust (FRCL)Director name: Hewitt,JeffreyAmount purchased: 115 @ 431.60pValue: £496.34Interserve (IRV)Director name: Haywood,TimAmount purchased: 35 @ 435.00pValue: £152.25Interserve (IRV)Director name: Melizan,BruceAmount purchased: 35 @ 435.00pValue: £152.25Mondi (MNDI)Director name: Hathorn,David AAmount purchased: 11 @ 1,344.90pValue: £147.94Mondi (MNDI)Director name: King,AndrewAmount purchased: 11 @ 1,344.90pValue: £147.94Interserve (IRV)Director name: Ringrose,Adrian MAmount purchased: 29 @ 435.00pValue: £126.15Interserve (IRV)Director name: Dance,StevenAmount purchased: 29 @ 435.00pValue: £126.15Top Director Sells