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Date: Tuesday 12 Aug 2008
LONDON (ShareCast) - Bosses at Medicsight have opened their accounts in the disease diagnosis software specialist, taking more than £100,000 worth of shares.
Chairman Tim Paterson-Brown took 110,000 shares, chief executive David Sumner 118,500 shares, chief financial officer Allan Rowley 82,000.
They all paid 42p for each share, having previously had no direct holdings in the company.
"This is an exciting time for the CAD (computer-aided design) software market; we are seeing increased demand from the large OEMs (original equipment manufacturers) for intelligent software that will add value to their product offering,” Sumner said.
“We look forward to driving the Company forward and delivering against our corporate objectives. This share purchase reflects our collective commitment to Medicsight and our belief that this continues to represent a very attractive investment.”
Medicsight’s CAD software highlights suspicious areas on scans of the colon and lung, helping radiologists to identify, measure and analyse potential disease and early indicators of disease, including cancer.
Top Director Buys
Medicsight (MDST)
Director name: Mr David Sumner
Amount purchased: 118,500 @ 42.00p
Value: £49,770
Medicsight (MDST)
Director name: Mr Timothy Paterson-Brown
Amount purchased: 110,000 @ 42.00p
Value: £46,200
Medicsight (MDST)
Director name: Mr Allan Rowley
Amount purchased: 82,000 @ 42.00p
Value: £34,440
Top Director Sells
SSL International (SSL)
Director name: Mr Garry Watts
Amount sold: 50,616 @ 459.90p
Value: £232,783
SSL International (SSL)
Director name: Mr Antony Mannion
Amount sold: 31,128 @ 459.90p
Value: £143,158
Halfords Group (HFD)
Director name: Mr Paul McClenaghan
Amount sold: 8,117 @ 305.50p
Value: £24,797
Halfords Group (HFD)
Director name: Mr Nick Wharton
Amount sold: 6,923 @ 305.50p
Value: £21,150