(Sharecast News) - SIG revealed on Thursday that chief executive Gavin Slark had acquired 890,000 ordinary shares in the London-listed construction products supplier.

Clark, who took over as CEO in February, purchased the shares on Wednesday at an average price of 38.91p each, for a total value of £346,298.99.

SIG revealed on Thursday that it had swung to a pre-tax profit in 2022 as pass-through of input cost inflation remained "a strong tailwind" throughout the year.

As of 1630 GMT, SIG shares were up 1.13% at 40.40p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Avi Global Trust (AGT)

Director name: Kitchen,Graham

Amount purchased: 12,000 @ 19,971.84p

Value: £2,396,620.79

Sig (SHI)

Director name: Slark,Gavin

Amount purchased: 890,000 @ 38.91p

Value: £346,298.99

British American Tobacco (BATS)

Director name: Anand,Krishnan

Amount purchased: 3,980 @ $37.65

Value: $123,575.91

Centralnic Group (CNIC)

Director name: Royde ,Max

Amount purchased: 23,263 @ 136.85p

Value: £31,835.04

Spire Healthcare Group (SPI)

Director name: Ash,Justin

Amount purchased: 11,062 @ 226.00p

Value: £25,000.12

Centralnic Group (CNIC)

Director name: Royde ,Max

Amount purchased: 16,000 @ 140.37p

Value: £22,460.00

Headlam Group (HEAD)

Director name: Williams,Robin George

Amount purchased: 5,000 @ 318.52p

Value: £15,926.00

Centralnic Group (CNIC)

Director name: Royde ,Max

Amount purchased: 10,000 @ 141.00p

Value: £14,100.00

F&c Investment Trust (FCIT)

Director name: Hollond,Beatrice

Amount purchased: 103 @ 963.04p

Value: £991.93

Mondi (MNDI)

Director name: King,Andrew

Amount purchased: 11 @ 1,394.73p

Value: £153.42

Mondi (MNDI)

Director name: Powell,Mike

Amount purchased: 11 @ 1,394.73p

Value: £153.42

F&c Investment Trust (FCIT)

Director name: Knapp,Edward

Amount purchased: 10 @ 963.04p

Value: £96.30

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