Date: Thursday 16 Aug 2012
LONDON (ShareCast) - Ralph Kugler, the non-Executive Chairman of Byotrol, an anti-micorbial hygiene firm, has made a double purchase of shares in the same week the company made the announcement of a 'landmark agreement' with Kimberly-Clark Corporation.
56-year-old Kugler purchased 150,000 shares on Wednesday at 7.5p each for a total of £11,250 and a day later topped that up with another 250,000 shares for 7.625p a pop.
The total purchase, which took his stake in the company to 1.7m shares, cost him £30,300.
Earlier in the week Byotrol Consumer Products (BCP), which is 50% owned by Byotrol, agreed to enter into a full licensing agreement with Kimberly-Clark.
"This collaboration has been a significant step in developing Byotrol technology and we see this as a starting point to explore further potential," said Chief Executive Gary Millar.
"Byotrol technology offers a unique advantage in the highly competitive global hygiene market. We are confident that this distinguishing quality will make Byotrol a market leader."
The shares have risen 44.68% to 8.50p in the past week.
Top Director Buys
North Atlantic Smaller Companies Inv Trust (NAS)
Director name: Mr Christopher H B Mills
Amount purchased: 5,000 @ 1,020.00p
Value: £51,000
Victoria (VCP)
Director name: Mr David N C Garman
Amount purchased: 10,000 @ 249.00p
Value: £24,900
Canaccord Financial Inc. (CF.)
Director name: Mr Paul Reynolds
Amount purchased: 5,000 @ 300.28p
Value: £15,014
Byotrol (BYOT)
Director name: Mr Ralph David Kugler
Amount purchased: 250,000 @ 7.62p
Value: £19,050
Byotrol (BYOT)
Director name: Mr Ralph David Kugler
Amount purchased: 150,000 @ 7.50p
Value: £11,250
NR
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