(Correcting price of acquired shares.)
LONDON (Alliance News) - Atlantic Coal PLC said Tuesday Managing Director Steve Best bought 7.3 million shares at 0.27 pence each.
Following the transaction, Best holds 3.1 million shares representing 23.1% of the share capital of the company.
Shares in the UK-based coal production company were up 34.19% at 0.282 pence Tuesday afternoon.
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @arvindbhunjun
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