Date: Tuesday 21 Apr 2015
LONDON (ShareCast) - The chairman and a director at Symphony International splashed out on shares showing faith in the business even after reporting a decline in full-year revenues.
Anil Thadani, chairman at the investment group, bought 1.8m shares at an individual price of $0.6, spending a total of $1.089m in the transaction.
Additionally, director Sunil Chandiramani purchased 1.36m new shares at the same price, at a cost of $816,875.
Following the purchase, Thadani now holds 59.28m shares in the group and Chandiramani holds another 17m shares.
The group's revenues fell 12% to £7.19m due to delays in d2w masterbatch sales, a product created by its environmental division that shortens the life of normal plastic products.
Top Director Buys
Symphony International Holdings Ltd. (SIHL)
Director name: Mr Anil Thadani
Amount purchased: 1,815,279 @ $0.60
Value: $1,089,167
Symphony International Holdings Ltd. (SIHL)
Director name: Mr Sunil Chandiramani
Amount purchased: 1,361,459 @ $0.60
Value: $816,875
Galasys (GLS)
Director name: Mr Teh Kim Seng
Amount purchased: 1,200,000 @ 30.00p
Value: £360,000
Amerisur Resources (AMER)
Director name: Mr Stephen Foss
Amount purchased: 300,000 @ 30.25p
Value: £90,750
Acorn Minerals (ACO)
Director name: Mr Anthony Brennan
Amount purchased: 250,000 @ 14.60p
Value: £36,500
Taliesin Property Fund Limited (TPF)
Director name: Mr Nigel Le Quesne
Amount purchased: 1,000 @ 2,265.00p
Value: £22,650
Matomy Media Group Limited (DI) (MTMY)
Director name: Mr Ilan Shiloah
Amount purchased: 8,000 @ 193.00p
Value: £15,440
Top Director Sells
Derwent London (DLN)
Director name: Mr John David Burns
Amount sold: 28,860 @ 3,527.00p
Value: £1,017,892
Inchcape (INCH)
Director name: Mr John McConnell
Amount sold: 117,866 @ 829.67p
Value: £977,899
Derwent London (DLN)
Director name: Mr Simon P Silver
Amount sold: 25,000 @ 3,528.00p
Value: £882,000
Derwent London (DLN)
Director name: Mr Simon P Silver
Amount sold: 24,738 @ 3,527.00p
Value: £872,509
Derwent London (DLN)
Director name: Mr Nigel Q George
Amount sold: 15,750 @ 3,527.00p
Value: £555,502
Derwent London (DLN)
Director name: Mr Paul M. Williams
Amount sold: 15,750 @ 3,527.00p
Value: £555,502
Derwent London (DLN)
Director name: Mr Damian Wisniewski
Amount sold: 15,750 @ 3,527.00p
Value: £555,502
Derwent London (DLN)
Director name: Mr David Silverman
Amount sold: 14,615 @ 3,527.00p
Value: £515,471
Nichols (NICL)
Director name: Mr John Nichols
Amount sold: 30,000 @ 1,190.00p
Value: £357,000
Cineworld Group (CINE)
Director name: Mr Philip Bowcock
Amount sold: 53,207 @ 473.19p
Value: £251,770
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