Director dealings: Sabre chair, CEO invest after trading update

Sabre Insurance had two entries on the list of director buys on Tuesday, after both its CEO and chair invested in its shares.

The company said its chief executive officer Geoff Carter had purchased 9,378 of its shares at an average price of 105.57p each, spending a total of £9,900.35.

Following the transaction, Sabre said Mr and Mrs Carter confirmed they held 1,600,543 of its shares, representing 0.64% of its issued share capital.

Its chair Andy Pomfret, meanwhile, purchased 93,000 of its shares for an average price of 105.30p apiece, valuing the transaction at £97,929.00.

Following the purchase, Sabre said Mr and Mrs Pomfret confirmed they held 174,278 of its shares, representing 0.07% of its issued capital.

The disclosures came after Sabre reported a fall in first-half profit on Tuesday morning, but expressed confidence in recovering from that going forward.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Sabre Insurance Group (SBRE)
Director name: Pomfret,Andrew D
Amount purchased: 93,000 @ 105.30p
Value: £97,929.00

Restaurant Group (RTN)
Director name: Woodhouse,Loraine
Amount purchased: 49,136 @ 50.60p
Value: £24,862.82

Fintel (FNTL)
Director name: Stevens,Neil Martin
Amount purchased: 12,500 @ 194.60p
Value: £24,325.00

Fintel (FNTL)
Director name: Stevens,Neil Martin
Amount purchased: 12,500 @ 194.40p
Value: £24,300.00

Quarto Group Inc. (QRT)
Director name: Lau,Chuk Kin
Amount purchased: 10,437 @ 170.00p
Value: £17,742.90

Sabre Insurance Group (SBRE)
Director name: Carter,Geoffrey Richard
Amount purchased: 9,378 @ 105.57p
Value: £9,900.35

Tavistock Investments (TAVI)
Director name: Raven,Brian
Amount purchased: 100,000 @ 9.40p
Value: £9,400.00

Tavistock Investments (TAVI)
Director name: Raven,Brian
Amount purchased: 100,000 @ 9.25p
Value: £9,250.00

Tavistock Investments (TAVI)
Director name: Cooke,Oliver Charles
Amount purchased: 100,000 @ 9.18p
Value: £9,175.00

Gran Tierra Energy Inc. (cdi) (GTE)
Director name: Guidry,Gary
Amount purchased: 3,546 @ $1.09
Value: $3,187.22

Strip Tinning Holdings (STG)
Director name: Van,Adam Le
Amount purchased: 2,700 @ 105.00p
Value: £2,835.00

Spirent Communications (SPT)
Director name: Bell,Paula
Amount purchased: 46 @ 270.20p
Value: £124.29

Top Director Sells

Currys (CURY)
Director name: Baldock,Alex
Amount sold: 239,768 @ 71.27p
Value: £170,876.90