The chairman and chief executive of Omega Insurance Holdings are both buying shares in the Bermuda-based insurance underwriter with chairman John Coldman investing nearly £1m.

Richard Pexton became chief executive of Omega in March this year. He was previously boss of Heritage Underwriting Agency. Pexton's appointment came after Coldman became chairman following his appointment to the Omega board at a special general meeting called by Invesco.

The share price has been consistently declining for nearly two years.

Coldman bought 1.125m shares at 88p a share. He did not own any shares before this.

Pexton bought 225,000 shares at 88p a share - a total investment of £198,000. That takes his stake to 232,997 shares.


Top Director Buys

Omega Insurance Holdings (OIH)
Director name: Mr John Coldman
Amount purchased: 1,125,000 @ 88.00p
Value: £990,000

Omega Insurance Holdings (OIH)
Director name: Mr Richard A Pexton
Amount purchased: 225,000 @ 88.00p
Value: £198,000

Environ Group (Investments) (EVN)
Director name: Mr Steven Robert Hancock
Amount purchased: 7,500,000 @ 0.40p
Value: £30,000

Environ Group (Investments) (EVN)
Director name: Mr Mark Sims
Amount purchased: 7,500,000 @ 0.40p
Value: £30,000

Environ Group (Investments) (EVN)
Director name: Mr Steven Robert Hancock
Amount purchased: 5,000,000 @ 0.40p
Value: £20,000

Environ Group (Investments) (EVN)
Director name: Mr Mark Sims
Amount purchased: 5,000,000 @ 0.40p
Value: £20,000

Lombard Risk Management (LRM)
Director name: Mr Ian Peacock
Amount purchased: 250,000 @ 4.38p
Value: £10,950

Lombard Risk Management (LRM)
Director name: Mr Mike Shinya
Amount purchased: 250,000 @ 4.25p
Value: £10,625

Marshalls (MSLH)
Director name: Mr Mark Edwards
Amount purchased: 10,000 @ 106.04p
Value: £10,604


Top Director Sells

General Electric (GEC)
Director name: Mr Keith S. Sherin
Amount sold: 8,001 @ € 12.14
Value: € 97,156

General Electric (GEC)
Director name: Mr John G. Rice
Amount sold: 7,935 @ € 12.14
Value: € 96,355

General Electric (GEC)
Director name: Mr Michael A. Neal
Amount sold: 7,875 @ € 12.14
Value: € 95,626

General Electric (GEC)
Director name: Mr Brackett B. Denniston
Amount sold: 4,100 @ € 12.14
Value: € 49,786

General Electric (GEC)
Director name: Mr Pamela Daley
Amount sold: 2,034 @ € 12.14
Value: € 24,699

General Electric (GEC)
Director name: Ms Kathryn Cassidy
Amount sold: 1,003 @ € 12.14
Value: € 12,179

Related share prices
General Electric Co (GEC) share price
Marshalls (MSLH) share price
Lombard Risk Management (LRM) share price
Omega Insurance Holdings Ltd. (DI) (OIH) share price
Environ Group (Investments) (EVN) share price