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England expects with ÂŁ85,000 ITE purchase

Fri, 08th Jul 2011 16:21
Non-executive director Neil England has taken advantage of a weak spell in the share price of ITE Group, splashing out ÂŁ85,000 on shares in the FTSE 250-listed exhibitions organiser.He took 40,000 shares at 213.5p a share and now had 50,000.ITE organises exhibitions in areas such as the oil and gas industry. It has strong exposure to Russia and the former Soviet Union. England will be hoping the shares are in a slight trough, and not in the early stages of a steady decline. The company said in May that it is now operating in a 'business as usual' environment in its main market Moscow after recovering from the global economic downturn, but the shares in the company are down nearly 15% over the past month.Top Director BuysLondon Stock Exchange Group (LSE) Director name: Mr Xavier RoletAmount purchased: 15,000 @ 1,080.00p Value: ÂŁ162,000Greene King (GNK) Director name: Mr Rooney AnandAmount purchased: 23,647 @ 507.96p Value: ÂŁ120,117ITE Group (ITE) Director name: Mr Neil EnglandAmount purchased: 40,000 @ 213.50p Value: ÂŁ85,400Eastern European Trust (EST) Director name: Mr Neil EnglandAmount purchased: 27,000 @ 299.00p Value: ÂŁ80,730Eastern European Trust (EST) Director name: Mr Hugh AldousAmount purchased: 12,000 @ 299.00p Value: ÂŁ35,880Moss Bros Group (MOSB) Director name: Mr Maurice HelfgottAmount purchased: 50,000 @ 36.50p Value: ÂŁ18,250Top Director SellsSevern Trent (SVT) Director name: Mr Michael J E McKeonAmount sold: 3,756 @ 1,493.00p Value: ÂŁ56,077Severn Trent (SVT) Director name: Mr Martin KaneAmount sold: 1,158 @ 1,493.00p Value: ÂŁ17,289Severn Trent (SVT) Director name: Mr Tony BallanceAmount sold: 1,075 @ 1,493.00p Value: ÂŁ16,050Red Rock Resources (RRR) Director name: Mr Andrew Ronald McMillan BellAmount sold: 200,000 @ 7.75p Value: ÂŁ15,500

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