WGB.L Share News (WGB)

The Chief Executive Officer of UK Mail this week celebrated a strong set of results by the mail and parcel courier with the purchase of 75,000 pounds-worth of shares. Guy Buswell bought 12,195 shares at 615p each, taking his stake in the group to 267,807. UK Mail's parcel business, which makes up 43% of its revenue, lifted revenue by 16.2% to £219.9m and operating profit by 37.2% to £22.4m as home deliveries related to online shopping partly drove increased volumes.Its mail business, which contributes 48% of group revenue, increased revenue by 1.5% as it managed to keep customers and win contracts.Mail volumes increased 2% against a year ago in comparison with an overall declining market as the group beat rivals such as Royal Mail to new work.Investec raised its forecasts on the group, increasing its pre-tax profit prediction for 2014/15 by 3% to £24m and its earnings per share forecast to 34.6p from 33.5p.It also confirmed its 'buy' advice with a cashflow-based target price of 700p.Top Director BuysDatatec Ltd. (DI) (DTC) Director name: Mr Jens P MontananaAmount purchased: 50,570 @ 290.08p Value: £146,693Datatec Ltd. (DI) (DTC) Director name: Mr Petrus Jurgens MyburghAmount purchased: 48,500 @ 292.67p Value: £141,945UK Mail Group (UKM) Director name: Mr Guy BuswellAmount purchased: 12,195 @ 615.00p Value: £74,999Blur Group (BLUR) Director name: Mr Robert James BrooksbankAmount purchased: 69,000 @ 85.00p Value: £58,650Grafton Group Units (GFTU) Director name: Mr Roderick RyanAmount purchased: 10,000 @ 575.00p Value: £57,500Development Securities (DSC) Director name: Mr Michael H MarxAmount purchased: 20,555 @ 243.50p Value: £50,051Blur Group (BLUR) Director name: Mr David SherriffAmount purchased: 44,100 @ 90.00p Value: £39,690Netplay TV (NPT) Director name: Mr Charles A N ButlerAmount purchased: 100,000 @ 15.00p Value: £15,000Blackrock Throgmorton Trust (THRG) Director name: Ms Jean MattersonAmount purchased: 4,000 @ 284.59p Value: £11,384Top Director SellsStobart Group Ltd. (STOB) Director name: Mr Andrew TinklerAmount sold: 1,000,000 @ 135.00p Value: £1,350,000Walker Greenbank (WGB) Director name: Mr John SachAmount sold: 155,000 @ 183.67p Value: £284,688Walker Greenbank (WGB) Director name: Mr David Harold SmallridgeAmount sold: 108,500 @ 183.67p Value: £199,282Standard Chartered (STAN) Director name: Mr Kurt Michael CampbellAmount sold: 2,000 @ 1,340.00p Value: £26,800NR