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(Sharecast News) - Poolbeg Pharma revealed on Wednesday that executive chair Cathal Friel had acquired 4.0m new ordinary shares in the AIM-listed biopharmaceuticals company.
Friel, who co-founded Poolbeg, purchased the shares on Friday at an average price of 2.5p per share, for a total value of £100,000.
Following the transaction, Friel holds a total of 41.21m ordinary Poolbeg shares, representing approximately 5.91% of the company's issued share capital.
As of 1545 BST, Poolbeg shares were up 6.55% at 3.09p.
Reporting by Iain Gilbert at Sharecast.com
Top Director Buys
Record (REC)
Director name: Witte,Jan
Amount purchased: 340,171 @ 54.41p
Value: £185,087.04
Record (REC)
Director name: Heading,Richard
Amount purchased: 340,171 @ 54.41p
Value: £185,087.04
Poolbeg Pharma (POLB)
Director name: Friel,Cathal
Amount purchased: 4,000,000 @ 2.50p
Value: £100,000.00
Record (REC)
Director name: Ayles,Kevin
Amount purchased: 48,462 @ 54.41p
Value: £26,368.17
Intercede Group (IGP)
Director name: Leest ,Klaas van der
Amount purchased: 12,450 @ 178.16p
Value: £22,180.92
Experian (EXPN)
Director name: DeRose,Kathleen
Amount purchased: 480 @ $52.29
Value: $20,696.01
Molten Ventures (GROW)
Director name: Zimmermann,Andrew
Amount purchased: 5,871 @ 288.02p
Value: £16,909.65
Experian (EXPN)
Director name: DeRose,Kathleen
Amount purchased: 320 @ $51.80
Value: $13,668.67
Intercede Group (IGP)
Director name: Leest ,Klaas van der
Amount purchased: 5,000 @ 178.80p
Value: £8,940.00
Intercede Group (IGP)
Director name: Leest ,Klaas van der
Amount purchased: 5,000 @ 176.00p
Value: £8,800.00
Molten Ventures (GROW)
Director name: Zimmermann,Andrew
Amount purchased: 1,047 @ 285.04p
Value: £2,984.37
Ultimate Products (ULTP)
Director name: Dent,Chris
Amount purchased: 1,992 @ 50.18p
Value: £999.54
Cranswick (CWK)
Director name: Aldersley,Christopher
Amount purchased: 3 @ 5,327.00p
Value: £159.81
Spirent Communications (SPT)
Director name: Bell,Paula
Amount purchased: 65 @ 192.40p
Value: £125.06
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Costain Group (COST)
Director name: Vaughan,Alex
Amount sold: 241,639 @ 144.00p
Value: £347,960.17
Bytes Technology Group (BYIT)
Director name: Mudd,Sam
Amount sold: 65,264 @ 499.94p
Value: £326,278.89
Costain Group (COST)
Director name: Vaughan,Alex
Amount sold: 214,285 @ 142.00p
Value: £304,284.69
Costain Group (COST)
Director name: Willis,Helen
Amount sold: 100,082 @ 142.00p
Value: £142,116.44
Picton Property Income Ltd (PCTN)
Director name: Morris ,Michael
Amount sold: 142,225 @ 80.05p
Value: £113,851.11
Bytes Technology Group (BYIT)
Director name: Mudd,Sam
Amount sold: 20,548 @ 499.94p
Value: £102,727.06
Gaming Realms (GMR)
Director name: Robert Green,Geoffrey
Amount sold: 200,000 @ 51.36p
Value: £102,720.00
Costain Group (COST)
Director name: Willis,Helen
Amount sold: 56,429 @ 144.00p
Value: £81,257.76
Picton Property Income Ltd (PCTN)
Director name: Morris ,Michael
Amount sold: 92,909 @ 80.05p
Value: £74,373.65