Trifast non-exec spends £21,500

Jun 24, 2009

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Trifast announced today that senior independent non-executive director Neil Chapman spent £21,500 on shares in the industrial fastener and components group.

Chapman bought 100,000 shares at a price of 21.5p each on 17 June, the same day Trifast binned its final dividend in view of difficult trading conditions.

The company, which issued a profit warning in February and saw its chairman and chief executive quit in March, announced at the time that it suffered a pre-tax loss of £11m in the year to 31 March 2009, compared to a pre-tax profit of £6.81m the year before.

Chapman now holds 320,000 ordinary shares in the company.

Top Director Buys

United Utilities Group (UU.) Director name: Mr Philip Green Amount purchased: 22,137 @ 502.50p

Value: £111,238

United Utilities Group (UU.) Director name: Mr Tim G Weller Amount purchased: 20,055 @ 502.50p

Value: £100,776

Antonov (ATV) Director name: Mr Mohammad Motabar Amount purchased: 100,896 @ 67.00p

Value: £67,600

JZ Capital Partners (JZCP) Director name: Mr David J Macfarlane Amount purchased: 140,000 @ 42.00p

Value: £58,800

Carclo (CAR) Director name: Mr Eric Cook Amount purchased: 37,000 @ 100.00p

Value: £37,000

Trifast (TRI) Director name: Mr Neil Chapman Amount purchased: 100,000 @ 21.50p

Value: £21,500

Brambles Ld (BXB) Director name: Ms Carolyn Kay Amount purchased: 3,000 @ 277.90p

Value: £8,337

Top Director Sells

De La Rue (DLAR) Director name: Mr James Hussey Amount sold: 16,085 @ 877.80p

Value: £141,194

Carclo (CAR) Director name: Mr Eric Cook Amount sold: 67,000 @ 100.00p

Value: £67,000

Carclo (CAR) Director name: Mr Eric Cook Amount sold: 67,000 @ 100.00p

Value: £67,000

Albemarle & Bond (ABM) Director name: Mr C L Nicolson Amount sold: 25,000 @ 213.00p

Value: £53,250

Interserve (IRV) Director name: Mr Adrian M Ringrose Amount sold: 10,526 @ 178.00p

Value: £18,736

Interserve (IRV) Director name: Mr Tim Jones Amount sold: 8,575 @ 178.00p

Value: £15,264

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