Chief executive Reynolds Bish has added to his stake in the California-based scanning software specialist Kofax.

He paid 467.3p a time for 10,000 shares, shelling out a total of £46,730. Following the purchase, he now has 36,150 shares in the company.

Late last month Kofax said it will acquire Massachusetts-based imaging software group Atalasoft for a maximum consideration of $9.7m.

Bish was in 2003 named Ernst & Young's Software Entrepreneur of the Year for the San Diego area.

Top Director Buys

Bank of America Corp. (BAC)
Director name: Mr Charles O. Rossotti
Amount purchased: 20,000 @ $11.56
Value: $231,100

Metric Property Investments (METP)
Director name: Mr Andrew Jones
Amount purchased: 55,720 @ 113.00p
Value: £62,964

Kofax (KFX)
Director name: Mr Reynolds Carl Bish
Amount purchased: 10,000 @ 467.30p
Value: £46,730

Metric Property Investments (METP)
Director name: Mr Valentine Beresford
Amount purchased: 34,693 @ 113.00p
Value: £39,203

Metric Property Investments (METP)
Director name: Mr Mark Stirling
Amount purchased: 34,693 @ 113.00p
Value: £39,203

MirLand Development Corp. (MLD)
Director name: Mr Eliezer Fishman
Amount purchased: 10,500 @ 292.00p
Value: £30,660

Metric Property Investments (METP)
Director name: Mr Sue Ford
Amount purchased: 26,808 @ 113.00p
Value: £30,293


Top Director Sells
Bankers Petroleum Ltd. (BNK)
Director name: Mr Robert M D Cross
Amount sold: 500,000 @ 502.24p
Value: £2,511,200

Energy XXI (Bermuda) (Di) (EXXI)
Director name: Mr Bill Colvin
Amount sold: 2,500 @ $35.20
Value: $88,000

Related share prices
Kofax (KFX) share price
Bankers Petroleum Ltd.(CDI) (BNK) share price
Bank of America Corp. (BAC) share price
MirLand Development Corp. (MLD) share price
Energy XXI (Bermuda) (Di) (EXXI) share price
Metric Property Investments (METP) share price