Director dealings: Sutardja family spends another £2m on Alphawave IP

Alphawave IP was sitting pretty at the top of the list of director deals on Tuesday, after the Sutardja family upped its stake in the company even further.

The company said the Delaware-domiciled Sutardja Family LLC bought 1,829,871 shares on Monday, on the London Stock Exchange.

It paid 110.67p for each share, spending a total of £2,025,118.13 on the investment.

As a result of the purchase, Sutardja Family LLC's total holding was now 91,178,479 ordinary shares in Alphawave IP, representing 13.21% of its issued share capital.

Sutardja Family LLC is “closely associated with” one of the firm’s executive directors, Sehat Sutardja, the board confirmed in its disclosure.

At 1525 BST, shares in Alphawave IP Group were up 1.99% at 113p.

Reporting by Josh White at Sharecast.com.

Top Director Buys

Alphawave Ip Group (AWE)
Director name: Sutardja,Sehat
Amount purchased: 1,829,871 @ 110.67p
Value: £2,025,118.13

Anpario (ANP)
Director name: Prior,Karen
Amount purchased: 80,000 @ 158.50p
Value: £126,800.00

Rank Group (RNK)
Director name: Charles-Jones ,Lucinda
Amount purchased: 20,000 @ 58.00p
Value: £11,600.00

Saga (SAGA)
Director name: Godfrey,Gemma
Amount purchased: 12,438 @ 79.80p
Value: £9,925.52

Ensilica (ENSI)
Director name: Hodgkins,Mark Nicholas
Amount purchased: 10,000 @ 49.30p
Value: £4,930.00

Odyssean Investment Trust (OIT)
Director name: King,Richard
Amount purchased: 2,200 @ 153.40p
Value: £3,374.80

Witan Inv Trust (WTAN)
Director name: Neubert,Suzy
Amount purchased: 364 @ 208.12p
Value: £757.56

British Land Company (BLND)
Director name: Carter,Simon
Amount purchased: 46 @ 330.00p
Value: £151.80

British Land Company (BLND)
Director name: Mistry,Bhavesh
Amount purchased: 46 @ 330.00p
Value: £151.80

Ocado Group (OCDO)
Director name: Daintith,Stephen
Amount purchased: 33 @ 456.80p
Value: £150.74

Ocado Group (OCDO)
Director name: Richardson,Mark
Amount purchased: 33 @ 456.80p
Value: £150.74

Ocado Group (OCDO)
Director name: Steiner,Tim
Amount purchased: 33 @ 456.80p
Value: £150.74

Team17 Group (TM17)
Director name: Crawford ,Mark
Amount purchased: 40 @ 375.00p
Value: £150.00

Emis Group (EMIS)
Director name: Southby,Peter
Amount purchased: 8 @ 1,874.00p
Value: £149.92

(HWG)
Director name: Shillaw,Lynda
Amount purchased: 140 @ 106.98p
Value: £149.77

(HWG)
Director name: Patmore,Katerina
Amount purchased: 140 @ 106.98p
Value: £149.77

Victrex Plc (VCT)
Director name: Court ,Martin
Amount purchased: 9 @ 1,593.00p
Value: £143.37

Blackrock Throgmorton Trust (THRG)
Director name: Lane,Angela
Amount purchased: 12 @ 585.50p
Value: £70.26