LONDON (ShareCast) - Anne Minto, a non-executive director of Tate & Lyle purchased 5,000 ordinary shares in the sweeteners and food products group on Monday.

Minto, who has held senior management roles at several FTSE 100 firms including Centrica, Shell and Smiths Group, currently works as a member of the audit, nominations and remuneration committees at Tate & Lyle.

She bought the stack of shares at a price of 756.5p each for a total of £37,825. However, it looks like Minto chose an expensive time to buy, with shares up around 16% in the last three months. The stock has risen 12% over the past year.

The move comes just a month after the company released its first-half results, in which it reported a 7% increase in constant-currency sales in the six months to September to £1,631m.

First-half reported profit before tax slumped 28% to £172m as a result of softer market conditions in Europe and an increase in fixed costs. Adjusted profits however, which strip out one-off items, edged 2% higher.


Top Director Buys

Tate & Lyle (TATE)
Director name: Ms Anne Minto
Amount purchased: 5,000 @ 756.50p
Value: £37,825

F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 20,945 @ 99.11p
Value: £20,759

Premier Gold Resources (PGR)
Director name: Mr Gerry Desler
Amount purchased: 5,000,000 @ 0.40p
Value: £20,000

Premier Gold Resources (PGR)
Director name: Mr Richard Nolan
Amount purchased: 5,000,000 @ 0.40p
Value: £20,000

Premier Gold Resources (PGR)
Director name: Dr Reza Tabrizi
Amount purchased: 5,000,000 @ 0.40p
Value: £20,000

Premier Gold Resources (PGR)
Director name: Mr Garth Earls
Amount purchased: 5,000,000 @ 0.40p
Value: £20,000

Premier Gold Resources (PGR)
Director name: Mr Christian Schaffalitzky
Amount purchased: 5,000,000 @ 0.40p
Value: £20,000

Core VCT 'B' Shares (CR3B)
Director name: Mr John Brimacombe
Amount purchased: 250,000 @ 6.00p
Value: £15,000

Premier Gold Resources (PGR)
Director name: Mr Colonel Bob Stewart
Amount purchased: 3,000,000 @ 0.40p
Value: £12,000

Frontier Mining Ltd (DI) (FML)
Director name: Mr William D.R. Eppler
Amount purchased: 500,000 @ 2.12p
Value: £10,600


Top Director Sells

Dairy Farm International Holdings Ltd. (Singapore) (DFI)
Director name: Mr Michael Kok
Amount sold: 30,600 @ $11.51
Value: $352,304

Dairy Farm International Holdings Ltd. (Singapore) (DFI)
Director name: Mr Ronald J Floto
Amount sold: 19,800 @ $11.48
Value: $227,391

Dairy Farm International Holdings Ltd. (Singapore) (DFI)
Director name: Mr Michael Kok
Amount sold: 19,800 @ $11.42
Value: $226,116

BC

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