(Sharecast News) - Primary Health Properties revealed on Tuesday that chief executive officer Mark Davies had acquired 77,820 ordinary shares in the FTSE 250-listed real estate investment firm.

Davies, who took over as CEO last year, purchased the shares on Monday at an average price of 95.90p each, for a total value of £74,629.38.

As of 1515 BST, PHP shares were down 0.52% at 95.80p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Primary Health Properties (PHP)

Director name: Davies,Mark

Amount purchased: 77,820 @ 95.90p

Value: £74,629.38

Tate & Lyle (TATE)

Director name: Lestapis,Cláudia Vaz de

Amount purchased: 2,500 @ $28.84

Value: $59,454.11

Inchcape (INCH)

Director name: Rowley ,Stuart

Amount purchased: 3,000 @ 928.97p

Value: £27,868.95

First Property Group (FPO)

Director name: Habib,Ben

Amount purchased: 100,000 @ 15.35p

Value: £15,350.00

Mercantile Investment Trust (the) (MRC)

Director name: Hopkins,Heather

Amount purchased: 5,162 @ 250.43p

Value: £12,927.14

Synthomer (SYNT)

Director name: Liu,Lily

Amount purchased: 20,000 @ 63.90p

Value: £12,780.00

Top Director Sells

Frontier Developments (FDEV)

Director name: Braben ,David John

Amount sold: 15,000 @ 373.50p

Value: £56,025.00