LONDON (Thomson Financial) - Direct Wonen N.V. said Weswa B.V. has purchased 1.2 million shares in the company at 40 pence each, raising its stake to 120.79 million shares, or 76.74 pct, of issued share capital.

Weswa is owned by its Chief Executive Yvonne Swaans and Chief Strategic Officer Richard Westerhuis.

On Tuesday, Direct Wonen announced that Weswa had purchased bought 1.38 million shares in the company at 38 pence each.

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