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New Britain Palm Oil bosses buy in

Tue, 02nd Jun 2009 16:54

New Britain Palm Oil's finance boss and chief executive have showed their faith in the Papua New Guinea palm oil producer by spending a combined total of nearly £200,000 of shares.Finance boss David Dann took 30,000 on the Port Moresby stock exchange for the equivalent of about 384p a share and chief executive Nick Thompson bought 20,000 at the same price.Their respective stakes now total 152,000 and 370,000 shares respectively.The company is Papua New Guinea's largest oil producer of palm oil, which is used as a fuel and as a food ingredient.Top Director BuysNew Britain Palm Oil Limited (NBPO) Director name: Mr David DannAmount purchased: 30,000 @ 384.00p Value: £115,200Animalcare Group (ANCR) Director name: Mr James LambertAmount purchased: 110,000 @ 82.00p Value: £90,200New Britain Palm Oil Limited (NBPO) Director name: Mr Nick ThompsonAmount purchased: 20,000 @ 384.00p Value: £76,800Top Director SellsHenderson Group (HGG) Director name: Mr Andrew FormicaAmount sold: 205,721 @ 83.10p Value: £170,954Topps Tiles (TPT) Director name: Mr Matthew WilliamsAmount sold: 22,000 @ 92.00p Value: £20,240Hardy Underwriting Bermuda (HDU) Director name: Miss Barbara MerryAmount sold: 4,791 @ 276.00p Value: £13,223

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