Director dealings: Sabre chair, CEO invest after trading update

(Sharecast News) - Sabre Insurance had two entries on the list of director buys on Tuesday, after both its CEO and chair invested in its shares.

The company said its chief executive officer Geoff Carter had purchased 9,378 of its shares at an average price of 105.57p each, spending a total of £9,900.35.

Following the transaction, Sabre said Mr and Mrs Carter confirmed they held 1,600,543 of its shares, representing 0.64% of its issued share capital.

Its chair Andy Pomfret, meanwhile, purchased 93,000 of its shares for an average price of 105.30p apiece, valuing the transaction at £97,929.00.

Following the purchase, Sabre said Mr and Mrs Pomfret confirmed they held 174,278 of its shares, representing 0.07% of its issued capital.

The disclosures came after Sabre reported a fall in first-half profit on Tuesday morning, but expressed confidence in recovering from that going forward.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Sabre Insurance Group (SBRE)

Director name: Pomfret,Andrew D

Amount purchased: 93,000 @ 105.30p

Value: £97,929.00

Restaurant Group (RTN)

Director name: Woodhouse,Loraine

Amount purchased: 49,136 @ 50.60p

Value: £24,862.82

Fintel (FNTL)

Director name: Stevens,Neil Martin

Amount purchased: 12,500 @ 194.60p

Value: £24,325.00

Fintel (FNTL)

Director name: Stevens,Neil Martin

Amount purchased: 12,500 @ 194.40p

Value: £24,300.00

Quarto Group Inc. (QRT)

Director name: Lau,Chuk Kin

Amount purchased: 10,437 @ 170.00p

Value: £17,742.90

Sabre Insurance Group (SBRE)

Director name: Carter,Geoffrey Richard

Amount purchased: 9,378 @ 105.57p

Value: £9,900.35

Tavistock Investments (TAVI)

Director name: Raven,Brian

Amount purchased: 100,000 @ 9.40p

Value: £9,400.00

Tavistock Investments (TAVI)

Director name: Raven,Brian

Amount purchased: 100,000 @ 9.25p

Value: £9,250.00

Tavistock Investments (TAVI)

Director name: Cooke,Oliver Charles

Amount purchased: 100,000 @ 9.18p

Value: £9,175.00

Gran Tierra Energy Inc. (cdi) (GTE)

Director name: Guidry,Gary

Amount purchased: 3,546 @ $1.09

Value: $3,187.22

Strip Tinning Holdings (STG)

Director name: Van,Adam Le

Amount purchased: 2,700 @ 105.00p

Value: £2,835.00

Spirent Communications (SPT)

Director name: Bell,Paula

Amount purchased: 46 @ 270.20p

Value: £124.29

Top Director Sells

Currys (CURY)

Director name: Baldock,Alex

Amount sold: 239,768 @ 71.27p

Value: £170,876.90