Date: Thursday 03 Apr 2008
LONDON (ShareCast) - Shares in Sinclair Pharma moved higher after the speciality drug company said today that its chief executive and finance boss bought into the company yesterday.
Chief executive Michael Flynn bought 1,000 shares at 40.15p each, while his wife Sookja bought just over 540,000 shares at 38.3p each.
The couple now own a combined total of more than 10m shares in the company, or 10.7%.
Chief financial officer Jerry Randall bought 250,000 shares at 38.25p a go, lifting his stake to 785,000 shares, or around 0.84% of the company.
Sinclair said in February that it reduced its half year operating losses to £863,000 from £2.6m last time and increased revenues by 15% to £10.4m. The positive results came despite delays in the US launch of Decapinol, a treatment for reducing dental plaque.
Top Director Buys
Summit Germany (SGL)
Director name: Mr Zohar Levy
Amount purchased: 1,400,000 @ € 0.63
Value: € 882,000
Sinclair Pharma (SPH)
Director name: Dr Michael Flynn
Amount purchased: 540,259 @ 38.30p
Value: £206,919
Sinclair Pharma (SPH)
Director name: Mr Jerry Randall
Amount purchased: 250,000 @ 38.30p
Value: £95,750
Fairpoint Group (FRP)
Director name: Mr Charles Mindenhall
Amount purchased: 20,000 @ 101.00p
Value: £20,200
Fairpoint Group (FRP)
Director name: Mr Charles Mindenhall
Amount purchased: 20,000 @ 101.00p
Value: £20,200
E-Pay Asia (EPY)
Director name: Mr Jack Tian Hock Tan
Amount purchased: 393,361 @ 1.97p
Value: £7,749
OPD Group (OPD)
Director name: Mr Michael A Kirkham
Amount purchased: 7,350 @ 179.00p
Value: £13,156
Azure Dynamics Corp. (ADC)
Director name: Mr Scott Harrison
Amount purchased: 40,000 @ 13.88p
Value: £5,552
Vislink (VLK)
Director name: Mr Ian Harold Scott Gall
Amount purchased: 36,500 @ 28.80p
Value: £10,512
Top Director Sells
Matchtech (MTEC)
Director name: Mr Tony Dyer
Amount sold: 10,000 @ 273.60p
Value: £27,360
Matchtech (MTEC)
Director name: Mr Tony Dyer
Amount sold: 10,000 @ 273.60p
Value: £27,360
