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Director dealings: Litigation Capital chair invests, Drax CEO sells shares

(Sharecast News) - Litigation Capital Management was on the buying side of things on Wednesday, after its chairman spent more than £0.1m on a share purchase. The dispute financier said Jonathan Moulds bought 100,000 of its shares on Tuesday for 103.87p each, spending £103,870 in the process.

Following the transaction, the company said Moulds had an interest in 2,080,000 of its shares, representing 1.74% of its issued share capital.

Drax, meanwhile, disclosed a sale made by its chief executive officer, worth almost a quarter-of-a-million pounds.

The electricity generation firm said Will Gardiner sold 30,000 shares on Tuesday for 808.5p apiece, netting him a total of £242,550.

Following the sale, Drax said Gardiner's total shareholding in the company was 693,375 shares.

Top Director Buys

Polar Capital Holdings (POLR) Director name: Rochussen,Gavin Amount purchased: 29,260 @ 559.24p Value: £163,633.01

Polar Capital Holdings (POLR) Director name: Mansell,John Amount purchased: 18,810 @ 559.24p Value: £105,192.65

Litigation Capital Management Limited (di) (LIT) Director name: Moulds,Jonathan Amount purchased: 100,000 @ 103.87p Value: £103,870.00

Polar Capital Holdings (POLR) Director name: Ayub,Samir Amount purchased: 15,466 @ 559.24p Value: £86,491.74

Mj Gleeson (GLE) Director name: Thomson,James Amount purchased: 10,000 @ 600.00p Value: £60,000.00

Gran Tierra Energy Inc. (cdi) (GTE) Director name: Guidry,Gary Amount purchased: 2,359 @ $1.65 Value: $3,209.66

Touchstone Exploration Inc Npv (di) (TXP) Director name: Baay,Paul R. Amount purchased: 3,477 @ $1.42 Value: $2,920.99

Actual Experience (ACT) Director name: Page,Dave Amount purchased: 7,902 @ 11.50p Value: £908.73

Actual Experience (ACT) Director name: Bennetts,Steve Amount purchased: 6,812 @ 11.50p Value: £783.38

Actual Experience (ACT) Director name: English ,Kirsten Amount purchased: 6,596 @ 11.50p Value: £758.54

Actual Experience (ACT) Director name: Carsberg,Bryan Amount purchased: 3,478 @ 11.50p Value: £399.97

Actual Experience (ACT) Director name: Davidson,Stephen Amount purchased: 3,187 @ 11.50p Value: £366.51

Mitchells & Butlers (MAB) Director name: Jones,Timothy (Tim) Charles Amount purchased: 61 @ 228.16p Value: £139.18

Mitchells & Butlers (MAB) Director name: Urban,Phil Amount purchased: 60 @ 228.16p Value: £136.90

Top Director Sells

Drax Group (DRX) Director name: Gardiner,Will Amount sold: 30,000 @ 808.50p Value: £242,550.00

Tracsis (TRCS) Director name: Barnes,Christopher Matthew Amount sold: 10,334 @ 1,040.00p Value: £107,473.60

Frenkel Topping Group (FEN) Director name: Fraser,Richard Amount sold: 100,000 @ 75.50p Value: £75,500.00

Brewin Dolphin Holdings (BRW) Director name: Boylan,Siobhan Amount sold: 3,529 @ 514.00p Value: £18,139.06

Grafenia (GRA) Director name: Bona,Conrad Amount sold: 1,166 @ 5.20p Value: £60.63

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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.