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Xaar's new CEO buys shares in the company

LONDON (ShareCast) - The chief executive of Xaar (LSE: XAR.L - news) has bought shares in the digital printing group on Friday. Doug Edwards, who toke the role in the beginning of the year, bought 9,292 shares for 21.5p each, spending a total of £53,750.

The group said last month that 2014 was a difficult year, after major restructuring in the fourth quarter as the company dropped back out of the FTSE 250 after a year's stint in the second-tier index.

The appointment of Edwards was part of the said restructuring, replacing Ian Dinwoodie.

Revenues plunged 19% to £109.2m with restructuring costs adding to a 44.5% decline in profits before tax 42% to £23.1m, Xaar reported at the time of its full-year results.

Top Director Buys Frontier IP Group (FIPP) Director name: Mr Andrew Richmond Amount purchased: 250,000 @ 21.50p Value: £53,750 Xaar (XAR) Director name: Dr Doug Edwards Amount purchased: 9,292 @ 439.00p Value: £40,792 Sphere Medical Holding (SPHR) Director name: Mr Wolfgang Rencken Amount purchased: 218,750 @ 16.00p Value: £35,000 Sphere Medical Holding (SPHR) Director name: Dr Anthony Francis Martin Amount purchased: 187,500 @ 16.00p Value: £30,000 Real Good Food (LSE: RGD.L - news) (RGD) Director name: Mr Chris Thomas Amount purchased: 50,000 @ 42.00p Value: £21,000 Sphere Medical Holding (SPHR) Director name: Mr Stephen H Mahle Amount purchased: 93,750 @ 16.00p Value: £15,000 Frontier IP Group (FIPP) Director name: Mr James Fisher Amount purchased: 60,000 @ 21.50p Value: £12,900 Top Director Sells Frontier IP Group (FIPP) Director name: Mr Andrew Richmond Amount sold: 250,000 @ 21.50p Value: £53,750 Frontier IP Group (FIPP) Director name: Mr James Fisher Amount sold: 60,000 @ 21.00p Value: £12,600