LONDON (ShareCast) - The new Chief Executive Officer of Cable & Wireless Communications has acquired 4.3m shares in the company after starting his new role at the beginning of the month.

Bentley, who was the Managing Director of British Gas from 2007 to 2013, spent a total of just under £2.45m, equivalent to approximately three times his base salary.

The director, who has replaced Tony Rice, said he was "delighted" to be joining the company.

He continued: "I recently visited a number of our operations and met with government partners in our Caribbean and Latin American markets with Tony Rice and the team. Our new office in Miami is taking shape, and I'm impressed with the quality of our people and the opportunities we have.

"My priorities will be driving top line growth, continuing cost discipline, increasing returns on capital and improving customer service. I'm confident we can evolve our strategy to become the leading communications provider in the region and offer a distinctive investor proposition."


Top Director Buys

Symphony International Holdings Ltd. (SIHL)
Director name: Mr Anil Thadani
Amount purchased: 86,086 @ $0.74
Value: $63,704

ReThink Group (RTG)
Director name: Mr Steve Wright
Amount purchased: 1,000,000 @ 6.00p
Value: £60,000

Symphony International Holdings Ltd. (SIHL)
Director name: Mr Sunil Chandiramani
Amount purchased: 64,565 @ $0.74
Value: $47,778

Mitchells & Butlers (MAB)
Director name: Mr Tim Jones
Amount purchased: 8,000 @ 436.50p
Value: £34,920

Nighthawk Energy (HAWK)
Director name: Mr Graham Swindells
Amount purchased: 105,839 @ 10.78p
Value: £11,409


Top Director Sells

ReThink Group (RTG)
Director name: Mr Iain Philip Blair
Amount sold: 1,000,000 @ 6.00p
Value: £60,000

John Lewis of Hungerford (JLH)
Director name: Mr John L Lewis
Amount sold: 3,000,000 @ 1.50p
Value: £45,000

Capital & Regional (CAL)
Director name: Mr Kenneth Ford
Amount sold: 100,000 @ 43.39p
Value: £43,390

Nighthawk Energy (HAWK)
Director name: Mr Graham Swindells
Amount sold: 107,173 @ 10.75p
Value: £11,521

NR

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