AFHP.L Share News (AFHP)

Purchases were made by both the chief executive officer and chairman of Bwin.party on Friday after the online gaming group posted wider first half losses.Chief executive Norbert Teufelberger acquired £206,203-worth of shares, paying 82.48p for each of the 250,000 shares. Chairman Philip Yea bought 178,477 shares at the higher price of 84.03p each, spending a total of £149,972. Although the results were unimpressive, the company reported progress with its cost-cutting measures and outlined plans for a "major change" to improve its performance going forward. The group reported a pre-tax loss of €94m, up from €11.6 the previous year, reflecting a fall in casino and poker revenues.Revenue declined to €317.1m from €342.5m as a solid performance from sports betting was offset by year-on-year declines in casino and poker.Teufelberger said the company is on track with planned €30m in cost reduction measures, with €13.8m achieved in the first half, but confessed that a "more fundamental" approach is needed to turnaround the business.Top Director BuysBwin.party Digital Entertainment (BPTY) Director name: Mr Norbert TeufelbergerAmount purchased: 250,000 @ 8,248.10p Value: £20,620,250AFH Financial Group (AFHP) Director name: Mr Toby Denne Amount purchased: 166,666 @ 150.00p Value: £249,999Bwin.party Digital Entertainment (BPTY) Director name: Mr Philip YeaAmount purchased: 178,477 @ 84.03p Value: £149,974easyJet (EZJ) Director name: Mr Keith HamillAmount purchased: 2,600 @ 1,358.96p Value: £35,333UK Commercial Property Trust (UKCM) Director name: Mr Ken McCullaghAmount purchased: 40,000 @ 80.50p Value: £32,200Greencore Group (GNC) Director name: Mr John HerlihyAmount purchased: 10,000 @ 266.00p Value: £26,600TT Electronics (TTG) Director name: Mr Michael Baunton CBEAmount purchased: 8,837 @ 169.80p Value: £15,005Top Director SellsAFH Financial Group (AFHP) Director name: Mr Alan Hudson Amount sold: 206,666 @ 150.00p Value: £309,999Playtech (PTEC) Director name: Mr Ron Hoffman Amount sold: 32,500 @ 715.00p Value: £232,375Playtech (PTEC) Director name: Mr Ron Hoffman Amount sold: 25,000 @ 704.10p Value: £176,025NR