LONDON (ShareCast) - The chairman of Thalassa bought some shares showing confidence one day after the company swung to a loss.
Duncan Soukup purchased 50,000 shares for 58p each, spending £29,000.

Following the transaction, Soukup holds 3.16m shares in the geophysical project management group.

On Wednesday, the company reported a full-year pre-tax loss of $12.23m compared with profit of $4.96m a year earlier and revenue declined 49.1% to $15.5m, as exploration budgets were slashed after the oil industry was hit by staff cuts, disposals and equipment write-downs.

Top Director Buys

Avesco Group (AVS)
Director name: Mr Graham Andrews
Amount purchased: 270,000 @ 175.00p
Value: £472,500

Avesco Group (AVS)
Director name: Mr David A Crump
Amount purchased: 200,000 @ 175.00p
Value: £350,000

Avesco Group (AVS)
Director name: Mr John Christmas
Amount purchased: 50,000 @ 175.00p
Value: £87,500

Tate & Lyle (TATE)
Director name: Sir Peter Gershon
Amount purchased: 7,000 @ 544.00p
Value: £38,080

Goldbridges Global Resources (GBGR)
Director name: Mr Kenneth Ronald Crichton
Amount purchased: 1,400,000 @ 2.30p
Value: £32,200

Thalassa Holdings Ltd. (DI) (THAL)
Director name: Mr Charles Duncan Soukup
Amount purchased: 50,000 @ 58.00p
Value: £29,000

Tricorn Group (TCN)
Director name: Mr Andrew Moss
Amount purchased: 50,000 @ 20.00p
Value: £10,000

Top Director Sells

Avesco Group (AVS)
Director name: Mr Richard A Murray-Obodynski
Amount sold: 540,000 @ 175.00p
Value: £945,000

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