Utilitywise's director buys £1m worth in shares

A non-executive director of cost management consultancy Utilitywise acquired £0.99m worth in shares in the group.Jeremy Middleton, who also co-founded emergency repairs business HomeServe, bought 450,000 shares for 220p, raising his stake to a total of 2.24m, equal to a 3% stake.The group last month posted its first-half results where it said a sharp increase in revenues from its core Enterprise division drove profits up by over a half.Utilitywise reported a pretax profit of £6.4m, up 60% year-on-year, while revenue jumped 42.4% to £29.9m, as sales from its Enterprise division rose 47% in the period.Top Director BuysUtilitywise (UTW) Director name: Mr Jeremy MiddletonAmount purchased: 450,000 @ 220.00p Value: £990,000Alliance Trust (ATST) Director name: Mr Katherine Garrett-CoxAmount purchased: 59,220 @ 509.75p Value: £301,874Sopheon (SPE) Director name: Mr Barry K MenceAmount purchased: 106,775 @ 69.07p Value: £73,749Coats Group (COA) Director name: Mr Nicholas BullAmount purchased: 250,000 @ 29.00p Value: £72,500Alliance Trust (ATST) Director name: Mr Alan TrotterAmount purchased: 11,256 @ 509.75p Value: £57,377Aberforth Geared Income Trust (AGIT) Director name: Mr John S RichardsAmount purchased: 27,935 @ 181.01p Value: £50,565Sopheon (SPE) Director name: Mr Stuart A SilcockAmount purchased: 33,367 @ 69.07p Value: £23,047Top Director SellsWhitbread (WTB) Director name: Mr Andy Harrison Amount sold: 132,000 @ 5,227.76p Value: £6,900,643Utilitywise (UTW) Director name: Mr Adam ThompsonAmount sold: 450,000 @ 220.00p Value: £990,000