Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.
(Sharecast News) - ITV revealed on Wednesday that chairman designate Andrew Cosslett had acquired 301,889 ordinary shares in the FTSE 250-listed media group.
Cosslett, who was named as ITV's next chairman back in March, purchased the shares on Tuesday at an average price of 69.21p each, for a total value of £208,948.24.
Earlier in June, ITV agreed to acquire a majority interest of 79.5% in Plimsoll Productions, the largest independent producer of natural history programmes in the world.
ITV said will make a cash consideration of approximately £103.5m for Plimsoll, valuing the Bristol-based business at an enterprise value of £131.0m.
As of 1505 BST, ITV shares were down 2.45% at 67.82p.
Reporting by Iain Gilbert at Sharecast.com
Top Director Buys
Itv (ITV)
Director name: Cosslett,Andrew
Amount purchased: 301,889 @ 69.21p
Value: £208,948.24
Inspects Group (SPEC)
Director name: Totterman,Robin
Amount purchased: 34,482 @ 290.00p
Value: £99,997.80
Ig Design Group (IGR)
Director name: Hedlund,S Anders
Amount purchased: 75,000 @ 78.70p
Value: £59,025.00
Oakley Capital Investments Ltd. (di) (OCI)
Director name: Foulger,Caroline
Amount purchased: 10,000 @ 383.00p
Value: £38,300.00
Ig Design Group (IGR)
Director name: Gilliland,Stewart
Amount purchased: 50,000 @ 72.80p
Value: £36,400.00
Inspects Group (SPEC)
Director name: Kay,Christopher
Amount purchased: 8,000 @ 290.00p
Value: £23,200.00
Ig Design Group (IGR)
Director name: Askem,Clare
Amount purchased: 24,096 @ 83.00p
Value: £19,999.68
Ig Design Group (IGR)
Director name: Tentori ,Mark
Amount purchased: 28,554 @ 70.00p
Value: £19,987.80
Ig Design Group (IGR)
Director name: Burn ,Lance
Amount purchased: 25,679 @ 77.80p
Value: £19,978.26
Apax Global Alpha Limited (APAX)
Director name: Ambler,Christopher
Amount purchased: 6,605 @ 181.65p
Value: £11,998.02
Arcontech Group (ARC)
Director name: Barton,Louise Maxwell
Amount purchased: 15,000 @ 73.84p
Value: £11,076.00
Tavistock Investments (TAVI)
Director name: Raven,Brian
Amount purchased: 120,000 @ 8.30p
Value: £9,958.68
Tavistock Investments (TAVI)
Director name: Raven,Brian
Amount purchased: 110,000 @ 8.00p
Value: £8,800.00
Arcontech Group (ARC)
Director name: Jeffs ,Matthew
Amount purchased: 10,000 @ 73.99p
Value: £7,399.00
Aviva (AV.)
Director name: Lambert,Pippa
Amount purchased: 1,278 @ 421.00p
Value: £5,380.38
Warpaint London (W7L)
Director name: Sadler,Keith
Amount purchased: 3,015 @ 126.00p
Value: £3,798.90
Top Director Sells
Liontrust Asset Management (LIO)
Director name: Abrol,Vinay Kumar
Amount sold: 21,074 @ 985.00p
Value: £207,578.91
Tremor International Ltd (di) (TRMR)
Director name: Carmi ,Yaniv
Amount sold: 48,122 @ $4.45
Value: $176,492.31
Judges Scientific (JDG)
Director name: Ormsby,Bradley Leonard
Amount sold: 536 @ 7,350.00p
Value: £39,396.00
Severfield (SFR)
Director name: Randall,Derek
Amount sold: 49,073 @ 62.00p
Value: £30,425.26
Severfield (SFR)
Director name: Semple,Adam
Amount sold: 17,357 @ 62.00p
Value: £10,761.34