LONDON (ShareCast) - Sean Watson, chairman of TT Electronics, has upped his stake in the sensor and electronic component technology firm, buying a total of 12,550 shares for £29,221.

In two separate transactions, Watson bought 7,550 shares at 166.5p per share and a further 10,000 at the same price, 5,000 of which were attributed to a Mrs S Watson.

The chairman now owns 158,000 shares, equal to 0.1% of the group.

The share price has performed well over the last 12 months, surging over 75%.

The group announced last month that pre-tax profits for 2010 climbed to £25.2m, compared with a loss of £16.6m in 2009. Revenue increased by 23.3% to £571.3m, from £463.5m.

“Strong customer demand has continued in 2011, particularly in our Components, Sensors and IMS divisions,” said chief executive Geraint Anderson.

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Aer Lingus Group (AERL)
Director name: Mr Leslie Buckley
Amount purchased: 74,074 @ € 0.81
Value: € 60,000

Primary Health Properties (PHP)
Director name: Mr Harry Abraham Hyman
Amount purchased: 16,393 @ 305.00p
Value: £49,999

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Director name: Mr Henry Nilert
Amount purchased: 100,000 @ 33.80p
Value: £33,800

TT Electronics (TTG)
Director name: Mr Sean Michael Watson
Amount purchased: 10,000 @ 166.50p
Value: £16,650

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Director name: Mr David J Hough
Amount purchased: 7,500 @ 177.62p
Value: £13,322

TT Electronics (TTG)
Director name: Mr Sean Michael Watson
Amount purchased: 7,550 @ 166.50p
Value: £12,571

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Director name: Mr Philip G Stimpson
Amount purchased: 500,000 @ 2.50p
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Director name: Mr Peter Harkness
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Director name: Mr David J Hough
Amount purchased: 6,000 @ 177.62p
Value: £10,657


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