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Director dealings: Sutardja family spends another £2m on Alphawave IP

(Sharecast News) - Alphawave IP was sitting pretty at the top of the list of director deals on Tuesday, after the Sutardja family upped its stake in the company even further. The company said the Delaware-domiciled Sutardja Family LLC bought 1,829,871 shares on Monday, on the London Stock Exchange.

It paid 110.67p for each share, spending a total of £2,025,118.13 on the investment.

As a result of the purchase, Sutardja Family LLC's total holding was now 91,178,479 ordinary shares in Alphawave IP, representing 13.21% of its issued share capital.

Sutardja Family LLC is "closely associated with" one of the firm's executive directors, Sehat Sutardja, the board confirmed in its disclosure.

At 1525 BST, shares in Alphawave IP Group were up 1.99% at 113p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Alphawave Ip Group (AWE) Director name: Sutardja,Sehat Amount purchased: 1,829,871 @ 110.67p Value: £2,025,118.13

Anpario (ANP) Director name: Prior,Karen Amount purchased: 80,000 @ 158.50p Value: £126,800.00

Rank Group (RNK) Director name: Charles-Jones ,Lucinda Amount purchased: 20,000 @ 58.00p Value: £11,600.00

Saga (SAGA) Director name: Godfrey,Gemma Amount purchased: 12,438 @ 79.80p Value: £9,925.52

Ensilica (ENSI) Director name: Hodgkins,Mark Nicholas Amount purchased: 10,000 @ 49.30p Value: £4,930.00

Odyssean Investment Trust (OIT) Director name: King,Richard Amount purchased: 2,200 @ 153.40p Value: £3,374.80

Witan Inv Trust (WTAN) Director name: Neubert,Suzy Amount purchased: 364 @ 208.12p Value: £757.56

British Land Company (BLND) Director name: Carter,Simon Amount purchased: 46 @ 330.00p Value: £151.80

British Land Company (BLND) Director name: Mistry,Bhavesh Amount purchased: 46 @ 330.00p Value: £151.80

Ocado Group (OCDO) Director name: Daintith,Stephen Amount purchased: 33 @ 456.80p Value: £150.74

Ocado Group (OCDO) Director name: Richardson,Mark Amount purchased: 33 @ 456.80p Value: £150.74

Ocado Group (OCDO) Director name: Steiner,Tim Amount purchased: 33 @ 456.80p Value: £150.74

Team17 Group (TM17) Director name: Crawford ,Mark Amount purchased: 40 @ 375.00p Value: £150.00

Emis Group (EMIS) Director name: Southby,Peter Amount purchased: 8 @ 1,874.00p Value: £149.92

(HWG) Director name: Shillaw,Lynda Amount purchased: 140 @ 106.98p Value: £149.77

(HWG) Director name: Patmore,Katerina Amount purchased: 140 @ 106.98p Value: £149.77

Victrex Plc (VCT) Director name: Court ,Martin Amount purchased: 9 @ 1,593.00p Value: £143.37

Blackrock Throgmorton Trust (THRG) Director name: Lane,Angela Amount purchased: 12 @ 585.50p Value: £70.26

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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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