LONDON (ShareCast) - Ramon Borrell, the Research & Development (R&D) Director of FTSE 250 member Xaar, continued to build his stake in the inkjet printheads supplier with the purchase of 40,000 shares.

The deal comes just days after the company lowered its guidance for full-year revenues and profit margin, saying the exceptional market for ceramic tile manufacturing had returned to more normal levels.

It explained that sales volumes to the ceramic tile market had stabilised, in line with previous guidance, but that more aggressive pricing from competitors has led to average pricing falling, hitting margins.

With R&D investment also increasing during the year, offset by beneficial capitalisation of its forthcoming Thin Film development costs, Xaar said adjusted operating profit margin would be 28%-29% versus the 30% reported last year.

Borrell purchased the shares at 500.06p each for £200,024.

Top Director Buys

Sinclair Is Pharma (SPH)
Director name: Mr Robert Stuart Swanson
Amount purchased: 900,000 @ 32.00p
Value: £288,000

Xaar (XAR)
Director name: Mr Ramon Borrell
Amount purchased: 40,000 @ 500.06p
Value: £200,024

Workspace Group (WKP)
Director name: Mr Jamie Hopkins
Amount purchased: 11,000 @ 573.00p
Value: £63,030

Workspace Group (WKP)
Director name: Mr Graham Clemett
Amount purchased: 6,875 @ 573.00p
Value: £39,394

Deltex Medical Group (DEMG)
Director name: Mr Tim (Timothy) Irish
Amount purchased: 300,000 @ 11.25p
Value: £33,750

Quindell (QPP)
Director name: Mr Robert Terry
Amount purchased: 16,667 @ 190.00p
Value: £31,667

UTV Media (UTV)
Director name: Ms Helen Kirkpatrick
Amount purchased: 12,682 @ 210.00p
Value: £26,632

Deltex Medical Group (DEMG)
Director name: Mr Tim (Timothy) Irish
Amount purchased: 200,000 @ 10.75p
Value: £21,500

Sound Oil (SOU)
Director name: Mr James Parsons
Amount purchased: 148,837 @ 10.75p
Value: £16,000

Burberry Group (BRBY)
Director name: Mr Jeremy Darroch
Amount purchased: 1,000 @ 1,460.00p
Value: £14,600


Top Director Sells

Marston's (MARS)
Director name: Mr Ralph Graham Findlay
Amount sold: 97,345 @ 142.90p
Value: £139,106

Marston's (MARS)
Director name: Mr Andrew Andrea
Amount sold: 58,858 @ 142.90p
Value: £84,108

Amlin (AML)
Director name: Mr Simon Beale
Amount sold: 5,000 @ 472.70p
Value: £23,635

Marston's (MARS)
Director name: Mr Ralph Graham Findlay
Amount sold: 9,189 @ 144.30p
Value: £13,260

Marston's (MARS)
Director name: Mr Andrew Andrea
Amount sold: 9,189 @ 144.30p
Value: £13,260

Marston's (MARS)
Director name: Mr Peter Dalzell
Amount sold: 9,189 @ 144.30p
Value: £13,260

Marston's (MARS)
Director name: Mr Peter Dalzell
Amount sold: 8,551 @ 142.90p
Value: £12,219

NR

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