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Director dealings: Symphony International Holdings director continues to buy

(Sharecast News) - A director of Asia-focused investment company Symphony International Holdings continued to ramp up his investment in the company on Friday, purchasing a further $200,000 of shares. Anil Thadani, who serves as a director of Symphony International Holdings as well as the chairman of the investment manager Symphony Asia Holdings Pte, bought 500,000 shares at a price of $0.40 each.

The transaction was his eighth share purchase so far this year, with the director having now bought over 6.4m shares for a total of $2.52m. The share price hwas fallen around 16% over the year to date.

The latest purchase comes just a week after SIH's first-half results, which revealed the company had swung to a net loss of $13.6m over the six months to 30 June, compared with a $11.9m profit a year earlier. Net asset value fell to $0.83 a share from $0.88.

Top Director Buys

Symphony International Holdings Ltd. (SIHL) Director name: Thadani,Anil Amount purchased: 500,000 @ $0.40 Value: $200,000.00

Entain (ENT) Director name: Snape,Michael Amount purchased: 24,013 @ 416.42p Value: £99,994.93

Barr (a.g.) (BAG) Director name: Shapland ,Darren Amount purchased: 10,000 @ 574.86p Value: £57,486.40

Tandem Group (TND) Director name: Bragg,Simon Amount purchased: 20,000 @ 170.00p Value: £34,000.00

Ampeak Energy Limited Npv (di) (AMP) Director name: Black,Duncan Amount purchased: 750,000 @ 1.90p Value: £14,250.00

Top Director Sells

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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.