Produce Investments chairman buys shares showing confidence

27th Mar 2015 15:48

The chairman of Produce Investments bought some new shares showing confidence in the group after disappointing first half of the year.Barrie Clapham bought 100,000 shares for an individual price of 127p, spending a total of £127,000 in the transaction.Clapham now holds 6.3m shares in the potato farming and supply firm, which saw a 3.8% decline in first-half profits to £1.95m due to "very challenging" market conditions. Revenues also fell 9.9% to £80.76m.Chief executive Angus Armstrong said at the time: "The much-documented retailer price wars triggered significant pricing pressure throughout the entire supply chain, resulting in value and volume decline over the past 12 months."Top Director BuysSymphony International Holdings Ltd. (SIHL) Director name: Mr Anil ThadaniAmount purchased: 250,000 @ $0.85 Value: $212,400Produce Investments (PIL) Director name: Mr Barrie ClaphamAmount purchased: 100,000 @ 127.00p Value: £127,000Porta Communications (PTCM) Director name: Mr Bob MortonAmount purchased: 1,343,766 @ 7.50p Value: £100,782Howden Joinery Group (HWDN) Director name: Mr Matthew IngleAmount purchased: 17,987 @ 456.95p Value: £82,192Xchanging (XCH) Director name: Mr David BauernfeindAmount purchased: 38,302 @ 143.00p Value: £54,772Howden Joinery Group (HWDN) Director name: Mr Mark RobsonAmount purchased: 11,552 @ 456.95p Value: £52,787Vislink (VLK) Director name: Mr Robin HoweAmount purchased: 100,000 @ 49.88p Value: £49,880Indivior (INDV) Director name: Mr Shaun ThaxterAmount purchased: 10,000 @ 197.39p Value: £19,739Indivior (INDV) Director name: Mr Shaun ThaxterAmount purchased: 10,000 @ 197.17p Value: £19,717Indivior (INDV) Director name: Mr Shaun ThaxterAmount purchased: 10,000 @ 197.07p Value: £19,707Top Director SellsAbcam (ABC) Director name: Mr Jonathan Simon MilnerAmount sold: 2,480,000 @ 465.00p Value: £11,532,000Abcam (ABC) Director name: Mr Jonathan Simon MilnerAmount sold: 2,150,000 @ 465.00p Value: £9,997,500Computacenter (CCC) Director name: Mr Michael J NorrisAmount sold: 81,640 @ 701.75p Value: £572,909Travis Perkins (TPK) Director name: Mr John P CarterAmount sold: 28,017 @ 1,965.25p Value: £550,604Renew Holdings (RNWH) Director name: Mr Brian MayAmount sold: 150,000 @ 271.72p Value: £407,580St James's Place (STJ) Director name: Mr David LambAmount sold: 35,813 @ 943.55p Value: £337,914St James's Place (STJ) Director name: Mr Ian GascoigneAmount sold: 35,813 @ 943.55p Value: £337,914Computacenter (CCC) Director name: Mr Tony ConophyAmount sold: 45,004 @ 701.75p Value: £315,816Renew Holdings (RNWH) Director name: Mr John SamuelAmount sold: 100,000 @ 271.72p Value: £271,720St James's Place (STJ) Director name: Mr Andrew CroftAmount sold: 26,344 @ 943.55p Value: £248,569