LONDON (ShareCast) - (ShareCast News) - The chief executive of the newly formed GlobalData has acquired a £53.2m stake in the company as part of the deal.
Mike Danson acquired over 20.9m shares in the new company, and holds a total stake of 69.7% with over 71.3m shares.

It arose out of Progressive Digital Media Group's acquisition of GlobalData Holding Limited, of which Danson was an owner.

The merger was finalised on Monday, which included the disposal of Progressive Trade Media Limited.

When announced in December, the company said the acquisition would "significantly extend the Company's global reach in major business information markets".

Top Director Buys

Globaldata (DATA)
Director name: Mr Michael Danson
Amount purchased: 20,862,744 @ 255.00p
Value: £53,199,997

Purplebricks Group (PURP)
Director name: Mr Paul Pindar
Amount purchased: 300,000 @ 78.16p
Value: £234,480

City Merchants High Yield Trust (CMHY)
Director name: Mrs Winifred Robbins
Amount purchased: 57,512 @ 173.87p
Value: £99,996

Lowland Investment Co (LWI)
Director name: Mr Robert Robertson
Amount purchased: 5,000 @ 1,175.00p
Value: £58,750

City Merchants High Yield Trust (CMHY)
Director name: Mrs Winifred Robbins
Amount purchased: 28,887 @ 173.08p
Value: £49,998

Booker Group (BOK)
Director name: Mr Gary W Hughes
Amount purchased: 20,000 @ 154.58p
Value: £30,916

JPMorgan Elect Managed Growth Shares (JPE)
Director name: Ms Carla Stent
Amount purchased: 4,919 @ 606.50p
Value: £29,834

Record (REC)
Director name: Dr Cornelis A C M (Cees) Schrauwers
Amount purchased: 100,000 @ 25.25p
Value: £25,250

Fusionex International (FXI)
Director name: Mr John Croft
Amount purchased: 13,800 @ 148.00p
Value: £20,424

Ideagen (IDEA)
Director name: Mr David Hornsby
Amount purchased: 42,000 @ 47.50p
Value: £19,950


There were no director sells at the time of publication

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE