LONDON (SHARECAST) - The Chief Executive Officer of Workspace Group, which specialises in providing office space to start ups, has purchased 112,525 shares, significantly boosting his stake in the FTSE 250 firm.
Jamie Hopkins, who took on the role of CEO in April of this year, bought the shares at 266p each for a total of £299,316, increasing his stake to 117,414 shares, equivalent to 0.081% of the issued share capital.
The company's share price has risen by more than 25%, equal to 54.55p, over the past year, having performed particularly well since May of this year.
In its most recent update, given in late July, the company said like-for-like occupancy was up 0.6% in the three months to the end of June at 88.4%, while average rent per square foot was £12.74 compared to £12.61 the same period the previous year.
Top Director Buys
Workspace Group (WKP)
Director name: Mr Jamie Hopkins
Amount purchased: 112,525 @ 266.00p
PureCircle Ltd. (DI) (PURE)
Director name: Mr Paul E Selway-Swift
Amount purchased: 48,000 @ 210.00p
Elektron Technology (EKT)
Director name: Mr Keith Anthony Daley
Amount purchased: 250,000 @ 18.00p