Enquest chief executive Amjad Bseisu has splashed out more than £1.2m on shares in the FTSE 250-listed UK-focused oil and gas group.

Double A , a trust in which his extended family has a beneficial interest, took 921,598 shares at 131.95p each. It now has more than 43m shares, more than 5% of the company. Additionally, Alima Trust, another trust in which the Bseisu family has an interest, has more than 9m shares.

Bseisu stood down from the board of oil services group Petrofac last year to form EnQuest.#

Enquest said earlier this month that it is on track to meet production targets for the year after reporting a sharp rise in output in the first four months of 2011.

Top Director Buys

EnQuest (ENQ)
Director name: Mr Amjad Bseisu
Amount purchased: 921,598 @ 131.95p
Value: £1,216,049

F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 70,000 @ 78.41p
Value: £54,887

Cable & Wireless Communications (CWC)
Director name: Mr William Anthony Rice
Amount purchased: 100,000 @ 44.93p
Value: £44,930

Cable & Wireless Communications (CWC)
Director name: Mr William Anthony Rice
Amount purchased: 100,000 @ 44.73p
Value: £44,730


Top Director Sells

Babcock International Group (BAB)
Director name: Mr William (Bill) Tame
Amount sold: 25,503 @ 685.06p
Value: £174,711

Babcock International Group (BAB)
Director name: Mr Archie Bethel
Amount sold: 17,625 @ 685.06p
Value: £120,742

Energy XXI (Bermuda) (Di) (EXXI)
Director name: Mr Bill Colvin
Amount sold: 2,500 @ $35.05
Value: $87,625

Related share prices
Cable & Wireless Communications (CWC) share price
Babcock International Group (BAB) share price
F&C Asset Management (FCAM) share price
Energy XXI (Bermuda) (Di) (EXXI) share price
EnQuest (ENQ) share price