Michael Page chairman grows stake after strong Q1 results

18th Aug 2014 16:34

The chairman of Michael Page International on Friday purchased 44,987 shares in the group, growing his stake in the recruitment company above 138,000 shares. Robin Buchanan paid 442.3p a piece, spending a total of £198,978. The purchase came just a few days after the group reported a 7.9% rise in first quarter profit to £263.7m on an 8.3% increase in revenues. Looking ahead, the group said it expects to perform in line with market expectations, but said that adverse forex movements continued to have an impact on the company's results at reported rates.Top Director BuysCapital & Regional (CAL) Director name: Mr Hugh Scott-BarrettAmount purchased: 350,000 @ 46.69p Value: £163,415BlackRock World Mining Trust (BRWM) Director name: Mr David Cheyne Amount purchased: 20,000 @ 505.50p Value: £101,100Sirius Minerals (SXX) Director name: Mr Christopher N FraserAmount purchased: 178,000 @ 11.66p Value: £20,755Sirius Minerals (SXX) Director name: Mr Christopher N FraserAmount purchased: 164,000 @ 11.66p Value: £19,122Top Director SellsSmith (DS) (SMDS) Director name: Mr Miles RobertsAmount sold: 328,595 @ 274.95p Value: £903,472Capital & Regional (CAL) Director name: Mr Hugh Scott-BarrettAmount sold: 250,000 @ 46.37p Value: £115,925NR