(Sharecast News) - Telecom Plus revealed on Tuesday that chairman Charles Wigoder had acquired 200,000 ordinary shares in the FTSE 250-listed utilities supplier.

Wigoder, who joined the company in 1998, purchased the shares on Monday at an average price of £17.70 each, for a total value of £3.54m.

Following the transaction, Wigoder holds a beneficial interest in 8.63m ordinary Telecom Plus shares, representing approximately 10.87% of the total voting rights in the company.

As of 1600 GMT, Telecom Plus shares were up 2.02% at 1,820.01p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Telecom Plus (TEP)

Director name: Wigoder,Charles

Amount purchased: 200,000 @ 1,770.00p

Value: £3,540,000.15

Team Internet Group (TIG)

Director name: Royde ,Max

Amount purchased: 100,000 @ 78.37p

Value: £78,370.00

Atalaya Mining (ATYM)

Director name: Lopez,Jesus Fernandez

Amount purchased: 13,912 @ 350.00p

Value: £48,692.00

Team Internet Group (TIG)

Director name: Royde ,Max

Amount purchased: 47,900 @ 79.90p

Value: £38,272.10

Facilities By Adf (ADF)

Director name: Proctor,Marsden

Amount purchased: 79,947 @ 31.60p

Value: £25,263.25

Team Internet Group (TIG)

Director name: Royde ,Max

Amount purchased: 20,000 @ 78.73p

Value: £15,746.00

Tr Property Inv Trust (TRY)

Director name: Bolsover,Kate

Amount purchased: 4,683 @ 318.40p

Value: £14,910.67

Octopus Apollo Vct (OAP3)

Director name: Steele ,Murray

Amount purchased: 20,436 @ 52.60p

Value: £10,749.34

Victrex Plc (VCT)

Director name: Connolly,Brendan

Amount purchased: 980 @ 1,019.00p

Value: £9,986.20

Top Director Sells

Mitchells & Butlers (MAB)

Director name: Urban,Phil

Amount sold: 106,910 @ 246.20p

Value: £263,208.15

Wpp (WPP)

Director name: Wilson,Joanne

Amount sold: 8,794 @ 860.43p

Value: £75,666.48