International Greetings boss buys, shares soar

29th Sep 2009 16:27

Shares in International Greetings soared after the firm announced this afternoon that chairman Keith James bought a big chunk of shares in the greetings card groupHe bought 40,000 shares at 55p a time, bringing his stake in the company to 50,562 shares.News of the purchase was given an unusually warm greeting. Following the announcement, the shares immediately jumped 21% to 73p, having sat at 65p earlier in the day.James bought the shares on September 25.Top Director BuysUkraine Opportunity Trust (UKRO) Director name: Mr Gordon William LawsonAmount purchased: 50,000 @ $2.00 Value: $100,000PME African Infrastructure Opportunities (PMEA) Director name: Mr Lawrence Albert KearnsAmount purchased: 100,000 @ $0.60 Value: $60,000Symphony International Holdings (SIHL) Director name: Mr Pierangelo BottinelliAmount purchased: 100,000 @ $0.50 Value: $50,200JPMorgan Private Equity Ltd USD Equity Shares (JPEL) Director name: Mr Christopher SpencerAmount purchased: 30,067 @ $1.00 Value: $30,067International Greetings (IGR) Director name: Mr Keith JamesAmount purchased: 40,000 @ 55.00p Value: £22,000Balfour Beatty (BBY) Director name: Mr Graham C RobertsAmount purchased: 5,000 @ 322.80p Value: £16,140Balfour Beatty (BBY) Director name: Mr Duncan MagrathAmount purchased: 5,000 @ 315.30p Value: £15,765xG Techonology (Reg S) (XGT) Director name: Mr James WoodyattAmount purchased: 20,000 @ $0.60 Value: $12,000Top Director SellsIMI (IMI) Director name: Mr Douglas HurtAmount sold: 20,716 @ 442.50p Value: £91,668JSM Indochina (JSM) Director name: Mr Craig D JonesAmount sold: 25,000 @ $0.60 Value: $15,100