LONDON (ShareCast) - A total of 4.36m shares were purchased by seven of HydroDec's board members this week, the oil technology group revealed on Tuesday.

The transactions come just a few weeks after the group reported wider losses in the 12 months ended December 31st at $17.45m, compared to $14.20m a year earlier.

The largest deal was made by Andrew Black, a non-executive director, who acquired 1.91m shares, taking his stake to 178.05m, equal to an interest of 23.85%.

Chief Executive Ian Smale added 454,545, more than doubling his stake to 928,014, while Chief Financial Officer acquired the same amount, taking his holding to 1.35m.

The news prompted the value of the shares to jump around 8%.


Top Director Buys

HydroDec Group (HYR)
Director name: Mr Andrew Black
Amount purchased: 1,909,091 @ 11.00p
Value: £210,000

HydroDec Group (HYR)
Director name: Lord Colin Moynihan
Amount purchased: 909,090 @ 11.00p
Value: £100,000

Inmarsat (ISAT)
Director name: Dr Abe Peled
Amount purchased: 10,000 @ 771.90p
Value: £77,190

HydroDec Group (HYR)
Director name: Mr Ian Smale
Amount purchased: 454,545 @ 11.00p
Value: £50,000

HydroDec Group (HYR)
Director name: Mr Chris Ellis
Amount purchased: 454,545 @ 11.00p
Value: £50,000

HydroDec Group (HYR)
Director name: Mr Alan Carruthers
Amount purchased: 454,545 @ 11.00p
Value: £50,000

Stobart Group Ltd. (STOB)
Director name: Mr Andrew R Wood
Amount purchased: 34,500 @ 144.60p
Value: £49,887

Severfield (SFR)
Director name: Mr John Dodds
Amount purchased: 91,000 @ 54.47p
Value: £49,568

Sinclair Is Pharma (SPH)
Director name: Mr Robert Swanson
Amount purchased: 50,000 @ 29.75p
Value: £14,875

Caffyns (CFYN)
Director name: Mr Mark Harrison
Amount purchased: 1,874 @ 630.00p
Value: £11,806


Top Director Sells

Cranswick (CWK)
Director name: Mr Martin Davey
Amount sold: 14,086 @ 1,280.77p
Value: £180,409

Cranswick (CWK)
Director name: Mr Bernard Hoggarth
Amount sold: 14,086 @ 1,280.77p
Value: £180,409

Cranswick (CWK)
Director name: Mr Adam Couch
Amount sold: 5,886 @ 1,280.77p
Value: £75,386

Cranswick (CWK)
Director name: Mr Mark Bottomley
Amount sold: 5,082 @ 1,280.77p
Value: £65,089

Planet Payment Inc. (PPT)
Director name: Mr Graham Arad
Amount sold: 19,814 @ 176.77p
Value: £35,025


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