Legal & General's vice chairman and senior indepedent director Henry Staunton purchased over £10,000-worth of shares, one month after the firm reported a slight drop in sales.

Staunton, who was appointed to the board in 2004, bought 9,708 shares at 105.60p each for a total of £10,252.

At the start of November, Legal and General reported a drop in sales in the third quarter although the company preferred to focus on its cash generation, which is said remains strong.

Operational cash rose to £736m in the three months to the end of September from £628m in the same period a year ago, while net cash generation was up 15% to £631m from £549m.


Top Director Buys

Banco Santander SA (BNC)
Director name: Mr Francisco Luzon Lopez
Amount purchased: 9,615 @ 452.22p
Value: £43,481

Banco Santander SA (BNC)
Director name: Mr Francisco Luzon Lopez
Amount purchased: 9,615 @ 447.91p
Value: £43,067

Banco Santander SA (BNC)
Director name: Mr Francisco Luzon Lopez
Amount purchased: 9,800 @ 437.24p
Value: £42,850

IP Group (IPO)
Director name: Mr Jonathan Brooks
Amount purchased: 60,000 @ 72.00p
Value: £43,200

Lok'n Store Group (LOK)
Director name: Mr Charles Peal
Amount purchased: 30,000 @ 97.51p
Value: £29,253

Helius Energy (HEGY)
Director name: Mr William Ingram Hill
Amount purchased: 250,000 @ 11.50p
Value: £28,750

XCAP Securities (XCAP)
Director name: Mr Daron Ross Lee
Amount purchased: 1,140,000 @ 1.75p
Value: £19,950

Global Petroleum Ltd. (GBP)
Director name: Mr Peter Hill
Amount purchased: 180,000 @ 11.00p
Value: £19,800

XCAP Securities (XCAP)
Director name: Mr Michael Andrew Frame FCA
Amount purchased: 857,000 @ 1.75p
Value: £14,998

Legal & General Group (LGEN)
Director name: Mr Henry Staunton
Amount purchased: 9,708 @ 105.60p
Value: £10,252


Top Director Sells

Johnson Matthey (JMAT)
Director name: Mr W F Sandford
Amount sold: 15,094 @ 1,873.69p
Value: £282,815

Sportingbet (SBT)
Director name: Mr Andrew McIver
Amount sold: 255,252 @ 31.50p
Value: £80,404

Volga Gas (VGAS)
Director name: Mr Vladimir Koshcheev
Amount sold: 50,000 @ 75.50p
Value: £37,750


NR

Related share prices
Legal & General Group (LGEN) share price
Johnson Matthey (JMAT) share price
Sportingbet (SBT) share price
Lok'n Store Group (LOK) share price
IP Group (IPO) share price
Banco Santander SA (BNC) share price
Global Petroleum Ltd. (GBP) share price
Helius Energy (HEGY) share price
Volga Gas (VGAS) share price
XCAP Securities (XCAP) share price