Director Dealings - News

LONDON (ShareCast) - Three of the senior directors at film maker and distributor Entertainment One (LSE: ETO.L - news) have built on their holdings following an upbeat trading statement yesterday.

Darren Throop, chief executive, purchased 300,000 shares at 21.5p per share, boosting his total holding to 4.5m shares or 3.47%.

Giles Willits, Chief Financial Officer, bought 300,000 shares, also at 21.5p, taking his beneficial interest to 320,000 shares, while Patrice Theroux, President of Global Filmed Entertainment, purchased 300,000 shares at a price of 21.6p per share and a further 37,000 shares at a price of 24.2p per share.

Entertainment's losses last year climbed to £31m from £7.7m as it write off more from its US music inventory. Revenues, though, rose by nearly 30% to £343m, while underlying profits jumped by 27.1% to £16.4m.

"The Film division has a high quality slate of releases for the new financial year and Television has made a strong start with particular successes in major US network commissions. The Canadian Distribution business continues to deliver robust performance while the US Music and Distribution businesses have stabilised following the restructuring," chief executive Darren Throop said.

Top Director Buys Symphony International Holdings (SIHL) Director name: Mr Anil Thadani Amount purchased: 300,000 @ $0.35 Value: $105,000

Sirius Petroleum (LSE: SRSP.L - news) (SRSP) Director name: Mr Michael Hirschfield Amount purchased: 2,875,000 @ 2.40p Value: £69,000

Entertainment One (DI) (ETO) Director name: Mr Patrice Theroux Amount purchased: 300,000 @ 21.60p Value: £64,800

Entertainment One (DI) (ETO) Director name: Mr Darren Dennis Throop Amount purchased: 300,000 @ 21.50p Value: £64,500

Entertainment One (DI) (ETO) Director name: Mr Giles Kirkley Willits Amount purchased: 300,000 @ 21.50p Value: £64,500

Devro (DVO) Director name: Mr Steve Hannam Amount purchased: 46,685 @ 93.50p Value: £43,650

Holidaybreak (LSE: HBR.L - news) (HBR) Director name: Mr John Coleman Amount purchased: 10,200 @ 294.00p Value: £29,988

Perpetual Income & Growth Inv Trust (PLI) Director name: Mr Bob Yerbury Amount purchased: 10,000 @ 185.50p Value: £18,550

Ascent Resources (LSE: AST.L - news) (AST) Director name: Mr Malcolm Groom Amount purchased: 400,000 @ 3.30p Value: £13,200

Europa Oil & Gas (EOG) Director name: Mr Paul A. Barrett Amount purchased: 100,000 @ 11.30p Value: £11,300

Top Director Sells Dechra Pharmaceuticals (LSE: DPH.L - news) (DPH) Director name: Mr Edward Torr Amount sold: 50,000 @ 417.00p Value: £208,500