PureCircle (PURE 205p) manufacture sugar substitutes from a plant called Stevia.
I was drawn to the company by the disclosure on July 1st ( see http://www.purecircle.com) that a non exec Olivier Maes, had spent £162,000 buying 80,000 shares in PureCircle at 203p.
PureCircle subsequently announced a date for their Interim Results, September 17th.
PureCircle were listed on Aim in December at 170p.
I think £162,000 is a large initial position to take for a non exec, and look forward to seeing what news the Interim results bring.
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August 2, 2008 at 10:58 am
PureCircle up 20% in a week since non exec bought £162k worth « followthedirectors… a study of directors share dealings
[…] 2, 2008 in Uncategorized | Tags: PureCircle | I suggested in my note of July 25th that maybe the non exec purchase of £162,000 worth of shares in PureCircle (PURE, 241p) was a […]