Sabet tries to bolster London Capital Group

25th Sep 2015 15:59

(ShareCast News) - After a poor set of first half results from London Capital Group Holdings on Thursday, Swiss-Lebanese entrepreneur and company chief executive Charles-Henri Sabet is doing his bit to bolster the company.The group has seen heavy investment in the eight months Sabet has been chief executive, but the poor results saw the share price drop 20%.Sabet did his bit to stem the flow and purchased 800,000 shares at a price of 15p per share - a total value of £120,000. With 7.8m shares and over a 10% stake in the company now, he'll be hoping he can turn things around before the next set of financial results. Top Director BuysLondon Capital Group Holdings (LCG)Director name: Mr Charles-Henri SabetAmount purchased: 800,000 @ 15.00pValue: £120,000 LXB Retail Properties (LXB)Director name: Mr John Alastair IrvineAmount purchased: 76,022 @ 85.00pValue: £64,619 Afriag (AFRI)Director name: Mr David LenigasAmount purchased: 10,000,000 @ 0.40pValue: £40,000 FBD Holdings (FBH)Director name: Mr Liam HerlihyAmount purchased: 3,000 @ € 6.62Value: € 19,875 Morgan Sindall Group (MGNS)Director name: Ms Elizabeth PeaceAmount purchased: 1,375 @ 728.20pValue: £10,013 Top Director SellsMandarin Oriental International (Singapore) (MDO)Director name: Mr Michael HobsonAmount sold: 21,000 @ $1.53Value: $32,130