HYR.L Share News (HYR)

The Chairman of Hydrodec, Lord Moynihan, on Friday bumped up his stake in the oil re-refining group with the purchase of 455,000 shares. The purchase was made the same day that the company announced its acquisition of OSS. The business, which is the UK's largest collector, consolidator and processor of used lubricant oil and seller of processed fuel oil, was acquired from its administrators for £4.65m. Hydrodec said OSS "makes an ideal partner", because the combination of OSS's access to used oil together with its operating capability will enable it to utilise Hydrodec's existing transformer oil technology and to develop and deploy its new lubricants re-refining technology in the UK. Lord Moynihan bought the shares at 8.75p each, costing him a total of just under £40,000. Top Director BuysAfren (AFR) Director name: Mr Egbert ImomohAmount purchased: 1,031,299 @ 141.32p Value: £1,457,432Afren (AFR) Director name: Mr Osman ShahenshahAmount purchased: 598,686 @ 141.32p Value: £846,063Afren (AFR) Director name: Mr Darra ComynAmount purchased: 343,590 @ 141.32p Value: £485,561Afren (AFR) Director name: Mr Shahid UllahAmount purchased: 171,092 @ 141.32p Value: £241,787Brady (BRY) Director name: Mr Patrick Gerald BrazelAmount purchased: 100,000 @ 62.55p Value: £62,550Synety Group (SNTY) Director name: Mr Simon CleaverAmount purchased: 35,000 @ 150.41p Value: £52,644HydroDec Group (HYR) Director name: Lord Colin MoynihanAmount purchased: 455,000 @ 8.75p Value: £39,812StatPro Group (SOG) Director name: Mr Justin WheatleyAmount purchased: 25,000 @ 80.00p Value: £20,000StatPro Group (SOG) Director name: Mr Mark C AdorianAmount purchased: 25,000 @ 75.00p Value: £18,750Top Director SellsBritish Land Co (BLND) Director name: Mr Chris GriggAmount sold: 62,698 @ 546.36p Value: £342,557British Land Co (BLND) Director name: Mr Timothy Andrew RobertsAmount sold: 26,135 @ 546.36p Value: £142,791LMS Capital (LMS) Director name: Mr Bernard J. Duroc-DannerAmount sold: 69,595 @ 76.20p Value: £53,031British Land Co (BLND) Director name: Mr Charles MaudsleyAmount sold: 3,472 @ 546.36p Value: £18,970