New chief executive at Daily Internet buys stake at company

15th Dec 2014 15:27

Christopher Evans, non-executive director at Daily Internet, on Monday purchased 1.34m shares at the company after announcing he will be the new chief executive.Evans, who joined the web hosting group in the beginning of the year, spent a total of £2.29m after buying 1m shares for 1.7p and the remaining 0.34m for 1.61p. He holds now 19.26m shares in the company.Last week, Daily Internet said at its half-year report that management team issues "adversely" affected its trading performance, which meant the full year results will be behind the group's expectations.Chairman Michael Edelson said at the time the management issues have been resolved by replacing the board with "a stronger team".The company said on Monday Evans would replace Abby Hardoon as chief executive, in the same day that it announced the acquisition of the Liverpool-based software provider Q4Ex, where Evans has been the technical director since May.Top Director BuysDaily Internet (DAIP) Director name: Sir Christopher EvansAmount purchased: 1,000,000 @ 170.00p Value: £1,700,000Lookers (LOOK) Director name: Mr Neil DaviesAmount purchased: 21,876 @ 4,114.00p Value: £899,979Daily Internet (DAIP) Director name: Sir Christopher EvansAmount purchased: 343,122 @ 171.00p Value: £586,739Bank of Georgia Holdings (BGEO) Director name: Mr Irakli GilauriAmount purchased: 2,500 @ 1,929.50p Value: £48,238Howden Joinery Group (HWDN) Director name: Mr Mark RobsonAmount purchased: 9,383 @ 395.70p Value: £37,129ITE Group (ITE) Director name: Mr Marco SodiAmount purchased: 25,000 @ 140.00p Value: £35,000Cambridge Cognition Holdings (COG) Director name: Dr Nicholas Anthony KertonAmount purchased: 45,615 @ 62.19p Value: £28,368Premier Foods (PFD) Director name: Mr Alex WhitehouseAmount purchased: 75,000 @ 31.58p Value: £23,685Cambridge Cognition Holdings (COG) Director name: Mr Nick WaltersAmount purchased: 27,369 @ 62.19p Value: £17,021Top Director SellsThere were no sells today.