LONDON (ShareCast) - (Sharecast News) - Alphawave IP Group was at the top of the list of director buys on Thursday, after an entity linked to one of its directors spent almost £0.7m on shares.
The London-listed firm said Sutardja Family LLC purchased 426,089 shares on Wednesday for 157.82p each, spending a total of £673,668.87.

Following the transaction, the entity's total holding in the company was 85,181,376 shares, representing 12.7% of its issued share capital.

Alphawave IP said the Delaware-incorporated Sutardja Family LLC is linked to its executive director Sehat Sutardja.

Elsewhere, Burford Capital reported that a non-executive director had bought more than $80k of its shares on the New York Stock Exchange.

The AIM-traded firm said Christopher Halmy purchased 12,500 shares for 810 cents apiece, spending a total of $83,491.39.

Its disclosure came on the same day the company extended its partnership with a sovereign wealth fund for another 12 months.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Alphawave Ip Group (AWE)
Director name: Sutardja,Sehat
Amount purchased: 426,859 @ 157.82p
Value: £673,668.87

Burford Capital Npv (di) (BUR)
Director name: Halmy,Christopher Arthur
Amount purchased: 12,500 @ $8.10
Value: $83,491.39

Central Asia Metals (CAML)
Director name: Armitage,Mike
Amount purchased: 16,156 @ 247.58p
Value: £39,999.03

Jpmorgan China Growth & Income (JCGI)
Director name: Mackesy,Alexandra
Amount purchased: 9,000 @ 326.75p
Value: £29,407.50

Rs Group (RS1)
Director name: Baldock,Alex
Amount purchased: 2,239 @ 839.50p
Value: £18,796.41

Standard Life Investments Property Income Trust Ltd. (SLI)
Director name: Slater ,Sarah
Amount purchased: 20,000 @ 80.37p
Value: £16,073.60

Sse (SSE)
Director name: Strank,Angela
Amount purchased: 483 @ 1,848.68p
Value: £8,929.14

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE