Ocean Wilsons chair gives market confidence in company

Wilson Sons Limited saw operating profit drop to $33.3m (£22.1m) from £35.9m.

It also posted a 31% dip in sales compared to the previous year, down to $122.5m.

As a result, chairman Jose Vieirais trying to give the market some confidence in his company by purchasing 17,500 shares for £135,625.

It appears to have given some traders a bit more confidence, with shares up 27p (3.47%) to 804.5p at 1449 GMT.

Top Director Buys

Ocean Wilsons Holdings Ltd. (OCN)

Director name: Mr Jose F G Vieira

Amount purchased: 17,500 @ 775.00p

Value: £135,625

Marwyn Value Investors Limited (MVI)

Director name: Mr Robert Ware

Amount purchased: 50,000 @ 214.50p

Value: £107,250

Plus500 Ltd (DI) (PLUS)

Director name: Mr Daniel Joseph King

Amount purchased: 13,259 @ 339.38p

Value: £44,998

John Laing Environmental Assets Group Limited (JLEN)

Director name: Mr Richard Morse

Amount purchased: 23,250 @ 105.25p

Value: £24,471

Invesco Perpetual Enhanced Income Limited (IPE)

Director name: Mr Clive Spears

Amount purchased: 30,000 @ 72.92p

Value: £21,876

Flowtech Fluidpower (FLO)

Director name: Mr Sean Mark Fennon

Amount purchased: 20,000 @ 107.25p

Value: £21,450

Bovis Homes Group (BVS)

Director name: Mr Ian Tyler

Amount purchased: 2,000 @ 893.00p

Value: £17,860

Flowtech Fluidpower (FLO)

Director name: Mr Nigel John Rigens

Amount purchased: 10,000 @ 108.00p

Value: £10,800

Flowtech Fluidpower (FLO)

Director name: Mr Malcolm Diamond

Amount purchased: 10,000 @ 108.00p

Value: £10,800

Flowtech Fluidpower (FLO)

Director name: Mr Bryce Rowan Nicholas Brooks

Amount purchased: 10,000 @ 107.25p

Value: £10,725

Top Director Sells

Bellway (BWY)

Director name: Mr Keith Adey

Amount sold: 1,578 @ 2,409.00p

Value: £38,014