Symphony International chairman buys $1.09m worth in shares

21st Apr 2015 15:54

The chairman and a director at Symphony International splashed out on shares showing faith in the business even after reporting a decline in full-year revenues.Anil Thadani, chairman at the investment group, bought 1.8m shares at an individual price of $0.6, spending a total of $1.089m in the transaction.Additionally, director Sunil Chandiramani purchased 1.36m new shares at the same price, at a cost of $816,875.Following the purchase, Thadani now holds 59.28m shares in the group and Chandiramani holds another 17m shares.The group's revenues fell 12% to £7.19m due to delays in d2w masterbatch sales, a product created by its environmental division that shortens the life of normal plastic products.Top Director BuysSymphony International Holdings Ltd. (SIHL) Director name: Mr Anil ThadaniAmount purchased: 1,815,279 @ $0.60 Value: $1,089,167Symphony International Holdings Ltd. (SIHL) Director name: Mr Sunil ChandiramaniAmount purchased: 1,361,459 @ $0.60 Value: $816,875Galasys (GLS) Director name: Mr Teh Kim SengAmount purchased: 1,200,000 @ 30.00p Value: £360,000Amerisur Resources (AMER) Director name: Mr Stephen Foss Amount purchased: 300,000 @ 30.25p Value: £90,750Acorn Minerals (ACO) Director name: Mr Anthony BrennanAmount purchased: 250,000 @ 14.60p Value: £36,500Taliesin Property Fund Limited (TPF) Director name: Mr Nigel Le QuesneAmount purchased: 1,000 @ 2,265.00p Value: £22,650Matomy Media Group Limited (DI) (MTMY) Director name: Mr Ilan ShiloahAmount purchased: 8,000 @ 193.00p Value: £15,440Top Director SellsDerwent London (DLN) Director name: Mr John David BurnsAmount sold: 28,860 @ 3,527.00p Value: £1,017,892Inchcape (INCH) Director name: Mr John McConnell Amount sold: 117,866 @ 829.67p Value: £977,899Derwent London (DLN) Director name: Mr Simon P SilverAmount sold: 25,000 @ 3,528.00p Value: £882,000Derwent London (DLN) Director name: Mr Simon P SilverAmount sold: 24,738 @ 3,527.00p Value: £872,509Derwent London (DLN) Director name: Mr Nigel Q GeorgeAmount sold: 15,750 @ 3,527.00p Value: £555,502Derwent London (DLN) Director name: Mr Paul M. WilliamsAmount sold: 15,750 @ 3,527.00p Value: £555,502Derwent London (DLN) Director name: Mr Damian WisniewskiAmount sold: 15,750 @ 3,527.00p Value: £555,502Derwent London (DLN) Director name: Mr David SilvermanAmount sold: 14,615 @ 3,527.00p Value: £515,471Nichols (NICL) Director name: Mr John NicholsAmount sold: 30,000 @ 1,190.00p Value: £357,000Cineworld Group (CINE) Director name: Mr Philip Bowcock Amount sold: 53,207 @ 473.19p Value: £251,770