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Director dealings: Alphawave IP, Burford Capital disclose share purchases

(Sharecast News) - Alphawave IP Group was at the top of the list of director buys on Thursday, after an entity linked to one of its directors spent almost £0.7m on shares. The London-listed firm said Sutardja Family LLC purchased 426,089 shares on Wednesday for 157.82p each, spending a total of £673,668.87.

Following the transaction, the entity's total holding in the company was 85,181,376 shares, representing 12.7% of its issued share capital.

Alphawave IP said the Delaware-incorporated Sutardja Family LLC is linked to its executive director Sehat Sutardja.

Elsewhere, Burford Capital reported that a non-executive director had bought more than $80k of its shares on the New York Stock Exchange.

The AIM-traded firm said Christopher Halmy purchased 12,500 shares for 810 cents apiece, spending a total of $83,491.39.

Its disclosure came on the same day the company extended its partnership with a sovereign wealth fund for another 12 months.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Alphawave Ip Group (AWE) Director name: Sutardja,Sehat Amount purchased: 426,859 @ 157.82p Value: £673,668.87

Burford Capital Npv (di) (BUR) Director name: Halmy,Christopher Arthur Amount purchased: 12,500 @ $8.10 Value: $83,491.39

Central Asia Metals (CAML) Director name: Armitage,Mike Amount purchased: 16,156 @ 247.58p Value: £39,999.03

Jpmorgan China Growth & Income (JCGI) Director name: Mackesy,Alexandra Amount purchased: 9,000 @ 326.75p Value: £29,407.50

Rs Group (RS1) Director name: Baldock,Alex Amount purchased: 2,239 @ 839.50p Value: £18,796.41

Standard Life Investments Property Income Trust Ltd. (SLI) Director name: Slater ,Sarah Amount purchased: 20,000 @ 80.37p Value: £16,073.60

Sse (SSE) Director name: Strank,Angela Amount purchased: 483 @ 1,848.68p Value: £8,929.14

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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