Animation specialist in the frame with strong Indian interest

ANIMATION specialist DQ Entertainment has seen its shares rise strongly in recent weeks on the back of the successful flotation of an Indian subsidiary.

The company, which works with the likes of Walt Disney and Nickelodeon, saw the offer for shares on the Bombay Stock Exchange heavily oversubscribed.

Despite the rise in market value, non-executive director Anthony Good last week almost doubled his stake with the purchase of 10,000 shares at 121.75p each. He now owns 22,400 ordinary shares.

• Dr Graham Cooley, chief executive of clean fuel company ITM Power, has bought 22,988 shares at 21.75p each. He now owns 156,596 shares.

• Ivor Catto, chief executive of Hyder Consulting, has increased his family holding following the purchase of 7,800 shares at 260p. He now holds 76,795 shares in the company which provides design consultancy services.

• Paul Wright, finance director of software group WorkPlace Systems, has increased his holding with the purchase of 206,412 shares at an average price of 8.25p per share, increasing his holding to 886,412 shares.

• Steven Dance, head of the equipment services division of maintenance and building group Interserve, has bought 20,347 shares at 226.6p each, upping his holding to 62,985 shares.

• Several directors of oil and gas producer EnQuest have bought shares following the company's completion of its demerger from oil services provider Petrofac. Non-executive chairman Dr James Buckee acquired 181,617 shares with fellow non-executives Robin Pinchbeck and Alexandre Schneiter buying more than 317,000 shares between them. Finance director Jonathan Swinney also purchased 45,503.