Digital Barriers directors follow-up on agreement to buy recently placed shares

RELATED QUOTES

SymbolPriceChange
003160.KS11,000.00-350.00
FCAM.L119.900.00

LONDON (ShareCast) - A number of directors of Digitial Barriers, a provider of surveillance technologies to international homeland and defence markets, have purchased shares in the company, as agreed last month as part of a placing 7.17m new ordinary shares at 145p per share.

Chairman Tom Black and Managing Director Colin Evans each purchased 68,965 shares for £99,999, taking their stakes in the group to 3.96m and 574,590 shares, respectively.

A further 96,549 shares were acquired between four directors, including Financial Director Nocholas Holgate and Executive Director Zak Doffman.

The purchases are part of the company's plan to raise £10m (after expenses) to be used by the company to finance the acquisition of a fourth core technology, which is currently in advanced discussions.

The company also plans to use the funds to further its stated strategy, which is "to create a company focused on the provision of specialist products and services to the international homeland security market".


Top Director Buys

Digital Barriers (DGB)
Director name: Mr Tom Black
Amount purchased: 68,965 @ 145.00p
Value: £99,999

Digital Barriers (DGB)
Director name: Mr Colin Evans
Amount purchased: 68,965 @ 145.00p
Value: £99,999

Digital Barriers (DGB)
Director name: Mr Bernard Joseph Waldron
Amount purchased: 34,482 @ 145.00p
Value: £49,999

Digital Barriers (DGB)
Director name: Mr Paul Taylor
Amount purchased: 34,482 @ 145.00p
Value: £49,999

Digital Barriers (DGB)
Director name: Mr Zak Doffman
Amount purchased: 20,689 @ 145.00p
Value: £29,999

F&C Asset Management (LSE: FCAM.L - news) (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 12,522 @ 101.83p
Value: £12,751


Top Director Sells

Energy XXI (Bermuda) (Di (KSE: 003160.KS - news) ) (EXXI)
Director name: Mr John Daniel Schiller Jr
Amount sold: 24,000 @ $31.65
Value: $759,600

Energy XXI (Bermuda) (Di) (EXXI)
Director name: Mr John Daniel Schiller Jr
Amount sold: 24,000 @ $31.29
Value: $750,960

Energy XXI (Bermuda) (Di) (EXXI)
Director name: Mr John Daniel Schiller Jr
Amount sold: 24,000 @ $30.98
Value: $743,520

Terra Catalyst Fund (DI) (TCF)
Director name: Mr Robert T E Ware
Amount sold: 90,000 @ 50.00p
Value: £45,000

Terra Catalyst Fund (DI) (TCF)
Director name: Mr Michael Andrew Haxby
Amount sold: 36,000 @ 50.00p
Value: £18,000