News

Xstrata's Lamoureux buys after slump

11 November 2008 16:12:00

Continued falls in the value of Xstrata shares tempted director Claude Lamoureux to spend more than £50,000 on shares in the company.

He bought 5,000 shares at 1,093p a time, the company announced today. He now has 9,000.

Last month, Lamoureux, who became a director of the firm in May, bought 4,000 shares at 1,378p a time.

Shares in Xstrata have slumped from levels above 4,000p as recently as June, in line with heavy falls in commodity prices.

Lamoureux is also on the boards of Northumbrian Water and the Canadian food processor Maple Leaf Foods.
Top Director Buys

Babcock International Group (BAB)
Director name: Mr Peter L Rogers
Amount purchased: 25,000 @ 412.00p
Value: £103,000

Xstrata (XTA)
Director name: Mr Claude Lamoureux
Amount purchased: 5,000 @ 1,093.00p
Value: £54,650

Galliford Try (GFRD)
Director name: Mr Peter L Rogers
Amount purchased: 125,000 @ 40.80p
Value: £51,000

ClearStream Technologies Group (CTN)
Director name: Mr Mike Love
Amount purchased: 223,000 @ 15.00p
Value: £33,450

Renewable Energy Holdings (REH)
Director name: Mr John Baker
Amount purchased: 50,000 @ 38.00p
Value: £19,000

ClearStream Technologies Group (CTN)
Director name: Mr Andy Jones
Amount purchased: 108,666 @ 15.00p
Value: £16,300

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