Simon Breakwell, chief executive of roadside assistance service AA, acquired a total of 142,249 ordinary shares in the firm on Tuesday, spending a total of £168,936 in the process.
Breakwell, who took over the role of CEO after previous boss Bob MacKenzie left last year following an altercation with another director, bought 125,243 shares at 119p each, and in a separate transaction, upped his stake by a further 17,006 ordinary shares purchased at 117p each.

Earlier in the same day, AA reported an annual profit in line with depressed expectations after a boardroom bust-up at the motoring services company exposed problems that caused it to drop out of the FTSE 350 rankings.

Trading earnings before interest, tax and other items fell 3% to 391m in the year to the end of January, in line with company guidance from September. As expected, the company slashed its annual dividend to 5p a share from 9.3p a year earlier.

As of 1500 BST, shares had jumped 15.71% to 131.62p.

Top Director Buys

AA (AA.)

Director name: Mr Simon Breakwell

Amount purchased: 125,243 @ 119.00p

Value: £149,039

C4X Discovery Holdings (C4XD)

Director name: Dr Clive Dix

Amount purchased: 60,000 @ 113.00p

Value: £67,800

Amerisur Resources (AMER)

Director name: Mr Dana Coffield

Amount purchased: 233,000 @ 15.11p

Value: £35,206

C4X Discovery Holdings (C4XD)

Director name: Dr Clive Dix

Amount purchased: 20,000 @ 101.50p

Value: £20,300

AA (AA.)

Director name: Mr Simon Breakwell

Amount purchased: 17,006 @ 117.00p

Value: £19,897

Kore Potash (KP2)

Director name: Mr David Netherway

Amount purchased: 180,000 @ 11.00p

Value: £19,800

C4X Discovery Holdings (C4XD)

Director name: Dr Clive Dix

Amount purchased: 10,000 @ 108.50p

Value: £10,850

Top Director Sells


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