Vodafone bosses buy company shares after Liberty Global deal called off

29th Sep 2015 15:35

(ShareCast News) - While Liberty Global may have lost interest in a deal with Vodafone, its management team certainly has more of an interest after the CEO and CFO purchased shares in the group.The telecommunications giant announced on Monday that it is no longer in discussions with Liberty Global regarding a possible exchange of selected assets between the two companies. That sent the share price plunging.But while investors may have lost a bit of confidence, Vodafone chief executive Vittario Colao and chief financial officer Nick Read have publicly backed the company by purchasing 260,000 and 180,000 shares respectively.Meanwhile, IG Group Holdings' Christopher Hill has dumped nearly half his stake in the company. The chief financial officer sold 38,524 shares, taking home a nice bonus of just over £0.3m.Top Director BuysVodafone Group (VOD)Director name: Mr Vittario ColaoAmount purchased: 260,000 @ 209.05pValue: £543,530 Vodafone Group (VOD)Director name: Mr Nick ReadAmount purchased: 180,000 @ 209.05pValue: £376,290 Horizonte Minerals (HZM)Director name: Dr. Owen BavintonAmount purchased: 2,000,000 @ 2.00pValue: £40,000 BlackRock Commodities Income Inv Trust (BRCI)Director name: Dr Carol BellAmount purchased: 33,500 @ 58.20pValue: £19,497 Fidelity Special Values (FSV)Director name: Mr Nigel FosterAmount purchased: 10,000 @ 193.18pValue: £19,318 Flowgroup (FLOW)Director name: Ms Clare SpottiswoodeAmount purchased: 143,500 @ 10.60pValue: £15,211 Personal Group Holdings (PGH)Director name: Mr Mike DugdaleAmount purchased: 2,910 @ 522.60pValue: £15,208 Top Director SellsIG Group Holdings (IGG)Director name: Mr Christopher HillAmount sold: 38,524 @ 779.00pValue: £300,102