Douglas sure about Shore

12th Oct 2009 17:18

Shares in stockbroker Shore Capital have almost tripled in value since April, but non-executive director Barclay Douglas thinks there's more to come.The accountant has spent £92,000 on 250,000 shares at 36.75p each. He now owns 1.25m shares, or half a per cent of the company.Shore received a shot in the arm in August when it revealed strong performances from its asset management and equity capital markets divisions helped boost interim profit and revenue.Pre-tax profits for the six months to June 30 climbed to £5.21m from £2.7m over the same period the previous year. Revenue climbed to £17.8m from £13.2m. Top Director BuysDolphin Capital Investors (DCI) Director name: Mr Miltos KambouridesAmount purchased: 500,000 @ 39.00p Value: £195,000Shore Capital (SGR) Director name: Mr James B DouglasAmount purchased: 250,000 @ 36.80p Value: £92,000Money Debt & Credit Group (MDCG) Director name: Mr Simon JohnsonAmount purchased: 1,150,000 @ 4.30p Value: £49,450SDI Group (SDIG) Director name: Mr Gordon SmithAmount purchased: 400,000 @ 7.50p Value: £30,000Oxus Gold (OXS) Director name: Mr Richard B SheadAmount purchased: 303,166 @ 8.25p Value: £25,011Oxus Gold (OXS) Director name: Mr John DonaldAmount purchased: 255,493 @ 8.25p Value: £21,078James Halstead (JHD) Director name: Mr Geoffrey HalsteadAmount purchased: 4,000 @ 507.00p Value: £20,280Matica (MAT) Director name: Mr Sandro CamilleriAmount purchased: 75,000 @ 24.00p Value: £18,000IPPlus (IPP) Director name: Mr William CatchpoleAmount purchased: 200,000 @ 6.80p Value: £13,600Top Director SellsEpiStem Holdings (EHP) Director name: Prof Prof Christopher (Chris) PottenAmount sold: 400,000 @ 370.00p Value: £1,480,000Serco Group (SRP) Director name: Mr Andrew JennerAmount sold: 196,764 @ 523.00p Value: £1,029,076IdaTech (IDA) Director name: Mr Harol KoyamaAmount sold: 259,505 @ 81.00p Value: £210,199IdaTech (IDA) Director name: Mr James CookeAmount sold: 82,729 @ 81.00p Value: £67,010