Sopheon directors top up stakes in software group

Three directors at Sopheon bought shares on Thursday, showing confidence in the software developer one month after reported a full-year loss of $1.5m. Chairman Barry Mence acquired 46,844 shares for 58.45p each, spending a total of £27,380.Following the transaction, Mence, one of the founding members of Sopheon, holds now 1.16m shares in the group.Furthermore, two non-executive members increased their stakes in the company with smaller purchases.Sopheon posted in March a loss of $1.5m in 2014 from pre-tax profits of $0.5m the year before.Revenues also declined 12% to $18.2m due to "disruption to momentum" and project delays.Top Director BuysInchcape (INCH) Director name: Mr Stefan Bomhard Amount purchased: 21,339 @ 831.80p Value: £177,498Inchcape (INCH) Director name: Mr John McConnell Amount purchased: 14,556 @ 831.80p Value: £121,077Sopheon (SPE) Director name: Mr Barry K MenceAmount purchased: 46,844 @ 58.45p Value: £27,380Sopheon (SPE) Director name: Mr Stuart A SilcockAmount purchased: 14,639 @ 58.45p Value: £8,556Top Director SellsCentral Asia Metals (CAML) Director name: Mr Nigel Hurst-BrownAmount sold: 250,543 @ 175.00p Value: £438,450Pacific Alliance Asia Opportunity Fund Ltd (PAX) Director name: Mr Richard I WebbAmount sold: 206,164 @ $1.64 Value: $338,109Pacific Alliance Asia Opportunity Fund Ltd (PAX) Director name: Mr Anthony M MillerAmount sold: 195,302 @ $1.68 Value: $328,107Pacific Alliance Asia Opportunity Fund Ltd (PAX) Director name: Mr Richard I WebbAmount sold: 31,594 @ $1.68 Value: $53,078