LONDON (ShareCast) - Thomson Reuters’ chief financial officer Robert Daleo spent nearly $300,000 on shares in the financial news and information giant, the company confirmed today.

He took 1,600 American Depositary Shares (ADS) in the company, paying $185.9 a go. Each ADS is worth six ordinary shares in Thomson Reuters PLC.

As well as his 1,600 ADSs in Thomson Reuters PLC, which is listed on the London stock exchange, Daleo has 5,105 shares in Toronto-listed Thomson Reuters Corporation.

Shares in Thomson Reuters jumped when it reported its maiden first quarter results on May 1. It began trading in the FTSE 100 in April following the merger of Canadian financial information provider Thomson Corporation and UK news wire Reuters.

Total revenue for the three months to March 31 assuming Thomson and Reuters had existed as a joint company was $3.3bn (with around $1.8bn coming from Thomson and $1.4bn from Reuters) compared with $1.66m in the same period a year ago.

“Our combined first quarter results and guidance for the full year reflect the robustness of our business, even in turbulent markets,” Thomson Reuters chief executive Thomas Glocer said.

“Thomson Reuters is extremely well-positioned to capitalize on the growing demand across the world's business and professional communities for intelligent information – insightful, high value content that can be used by human beings and machines.”


Top Director Buys

JSM Indochina (JSM)
Director name: Mr Alain Dupuis
Amount purchased: 1,825,000 @ $0.59
Value: $1,071,275

Thomson Reuters (TRIL)
Director name: Mr Robert Daleo
Amount purchased: 1,600 ADS @ $185.90
Value: $297,440

ARM Holdings (ARM)
Director name: Mr Warren East
Amount purchased: 119,000 @ 104.00p
Value: £123,760

Vietnam Opportunity Fund Limited (VOF)
Director name: Mr Martin Glynn
Amount purchased: 20,000 @ $3.09
Value: $61,800

Kofax (KFX)
Director name: Mr Christopher J Conway
Amount purchased: 28,000 @ 195.00p
Value: £54,600

Findel (FDL)
Director name: Dr Dr Ivan J Bolton
Amount purchased: 12,075 @ 272.80p
Value: £32,941


Top Director Sells

Dairy Farm International (Singapore) (DFI)
Director name: Mr Howard Leonard Mowlem
Amount sold: 108,900 @ $5.20
Value: $566,280

Cairn Energy (CNE)
Director name: Mr Philip Tracy
Amount sold: 11,549 @ 3,365.92p
Value: £388,730

Cairn Energy (CNE)
Director name: Mr Simon Thomson
Amount sold: 8,103 @ 3,365.90p
Value: £272,739

Cairn Energy (CNE)
Director name: Mrs Jann Brown
Amount sold: 6,550 @ 3,365.90p
Value: £220,466

Cairn Energy (CNE)
Director name: Mr Malcolm Thoms
Amount sold: 6,123 @ 3,365.90p
Value: £206,094

ARM Holdings (ARM)
Director name: Mr Warren East
Amount sold: 114,123 @ 104.00p
Value: £118,688

Cairn Energy (CNE)
Director name: Dr Mike J Watts
Amount sold: 3,382 @ 3,365.90p
Value: £113,835

Cairn Energy (CNE)
Director name: Mr Simon Thomson
Amount sold: 2,437 @ 3,365.90p
Value: £82,027

IMI (IMI)
Director name: Mr Roy Twite
Amount sold: 11,088 @ 517.80p
Value: £57,414

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