LONDON (ShareCast) - Lookers chief executive Ken Surgenor has spent more than £50,000 lifting his stake in the car dealer.

He bought 100,000 shares at just over 54p each and now has nearly 1.3m shares in the company, representing about 0.71% of the issued share capital.

Lookers, which has outlets across England, reported a fall in profits last week after turbulent economic conditions hit new and used car sales.

Surgenor said he expected full-year results to be at the lower end of expectations.


Top Director Buys

Lookers (LOOK)
Director name: Mr H K Surgenor
Amount purchased: 100,000 @ 54.10p
Value: £54,100

Hardy Underwriting Bermuda (HDU)
Director name: Miss Barbara Merry
Amount purchased: 21,125 @ 220.00p
Value: £46,475

TT Electronics (TTG)
Director name: Mr Shatish D. Dasani
Amount purchased: 35,000 @ 102.00p
Value: £35,700

Severfield-Rowen (SFR)
Director name: Mr Toby Hayward
Amount purchased: 10,000 @ 241.50p
Value: £24,150

Roc Oil Company (ROC)
Director name: Mr Bruce Clement
Amount purchased: 20,000 @ 53.17p
Value: £10,634

FoaMasters International (FOAM)
Director name: Mr Hugh Bevan
Amount purchased: 70,000 @ 24.00p
Value: £16,800

BBA Aviation (BBA)
Director name: Mr David John Seymour Roques
Amount purchased: 10,000 @ 134.00p
Value: £13,400

Computacenter (CCC)
Director name: Mr Clifford S Preddy
Amount purchased: 10,000 @ 127.00p
Value: £12,700

Huntsworth (HNT)
Director name: Mr Eugene P. Beard
Amount purchased: 15,022 @ 68.10p
Value: £10,230


Top Director Sells

Bateman Litwin N.V. (BNLN)
Director name: Mr Eyal Cohen
Amount sold: 40,000 @ 77.00p
Value: £30,800

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