James Crean's chairman and chief executive, Mr Ray McLoughlin, has spent more than £62,000 buying shares in the industrial holding company. Mr McLoughlin, who receives a salary of £200,000 a year from Crean, bought 71,778 shares at €1.10 each, at a total cost of €78,955 (£62,182). His holding in Crean has now risen to 3.41 per cent of the total.