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Director dealings: BT finance boss ups stake
Simon Lowth, chief financial officer of telco giant BT, acquired 139,744 ordinary shares in the FTSE 100 constituent on Wednesday.
Lowth, who joined BT's board back in July 2016, purchased the shares at an average cost of 213p each for a total of £297,654.74.
Earlier in the day, BT was fined £77,000 by the Information Commissioner's Office, after sending almost five million nuisance emails to customers.
The 4.9m emails, sent between December 2015 and November 2016, promoted three charities.
BT said it was "disappointed" by the deicision.
"This relates to emails concerning charitable fundraising that were sent to some of our customers in 2015-16," the firm said.
"There was no financial benefit to BT and minimal impact on customers - in fact, almost five million emails elicited just one complaint."
As of 1420 BST, BT shares had collected 2.54% to 213.95p.
Top Director Buys
Bt Group (BT.A)
Director name: Lowth,Simon
Amount purchased: 139,744 @ 213.00p
Value: £297,654.74
Value And Income Trust (VIN)
Director name: Oakeshott,Matthew A
Amount purchased: 95,000 @ 270.00p
Value: £256,500.00
Value And Income Trust (VIN)
Director name: Oakeshott,Matthew A
Amount purchased: 95,000 @ 270.00p
Value: £256,500.00
Catco Reinsurance Opportunities Fund Ltd (di) (CAT)
Director name: Keyes,James
Amount purchased: 180,000 @ $0.55
Value: $99,000.00
Swallowfield (SWL)
Director name: Perman,Tim
Amount purchased: 12,000 @ 324.00p
Value: £38,880.00
Value And Income Trust (VIN)
Director name: Oakeshott,Matthew A
Amount purchased: 12,500 @ 270.00p
Value: £33,750.00
Value And Income Trust (VIN)
Director name: Oakeshott,Matthew A
Amount purchased: 12,500 @ 270.00p
Value: £33,750.00
Record (REC)
Director name: Hill,Leslie
Amount purchased: 64,508 @ 45.30p
Value: £29,222.12
Record (REC)
Director name: Noyen,Bob
Amount purchased: 64,508 @ 45.30p
Value: £29,222.12
Record (REC)
Director name: Wood-Collins,James
Amount purchased: 64,508 @ 45.30p
Value: £29,222.12
Air Partner (AIR)
Director name: Saunders,Peter
Amount purchased: 25,000 @ 110.13p
Value: £27,532.50
Swallowfield (SWL)
Director name: Gazzard,Matthew
Amount purchased: 3,000 @ 324.00p
Value: £9,720.00
Record (REC)
Director name: Cullen,Steve
Amount purchased: 14,336 @ 45.30p
Value: £6,494.21
Centaur Media (CAU)
Director name: Mukerji,Swagatam
Amount purchased: 295 @ 50.90p
Value: £150.16
Centaur Media (CAU)
Director name: Vidler ,Andria
Amount purchased: 294 @ 50.90p
Value: £149.65
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