Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAtlantic Coal Share News (ATC)

  • There is currently no data for ATC

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

New Sirius Minerals finance boss invests £99,000

Tue, 18th Jan 2011 16:39

Potash explorer Sirius Minerals' new finance director Andrew Lindsay has invested £99,000 in the company following his appointment. Lindsay was appointed on the same day that Sirius announced its acquisition of York Potash. He was previously finance director of AIM-quoted European Nickel.He has acquired 582,352 shares at an average share price of 17p. This gives him 0.07% of Sirius Minerals. The company issued 150m shares to acquire York Potash, which has mineral rights covering 600 square kilometres onshore and offshore in the Whitby and Scarborough areas. Sirius Minerals will also repay a £176,000 loan. The main asset of the business is the agreements with major landowners in relation to mineral rights.The mineral rights include potash and rock salt. There has been exploration in the past and large exploration targets have been identified. Management believes that there could be a significant potash resource in the form of polyhalite and potassium chloride. York Potash's founder Chris Fraser has become chief executive of Sirius Minerals. Top Director Buys Atlantic Coal (ATC) Director name: Mr Adam WilsonAmount purchased: 62,500,000 @ 0.65p Value: £406,250Sirius Minerals (SXX) Director name: Mr Andrew M LindsayAmount purchased: 582,352 @ 17.00p Value: £99,000VinaLand Ltd. (VNL) Director name: Mr Don Di LamAmount purchased: 100,000 @ $0.99 Value: $99,500VinaCapital Vietnam Opportunity Fund Ltd. (VOF) Director name: Mr Don Di LamAmount purchased: 50,000 @ $1.93 Value: $96,500@UK (ATUK) Director name: Mr David HollowayAmount purchased: 80,387 @ 12.44p Value: £10,000Top Director Sells Atlantic Coal (ATC) Director name: Mr Adam WilsonAmount sold: 85,000,000 @ 1.79p Value: £1,521,500KEFI Minerals (KEFI) Director name: Mr Ian Rutherford PlimerAmount sold: 800,000 @ 10.00p Value: £80,000KEFI Minerals (KEFI) Director name: Mr Ian Rutherford PlimerAmount sold: 800,000 @ 8.67p Value: £69,360KEFI Minerals (KEFI) Director name: Mr Ian Rutherford PlimerAmount sold: 750,000 @ 8.43p Value: £63,225Regency Mines (RGM) Director name: Mr Andrew BellAmount sold: 600,000 @ 6.41p Value: £38,460
More News
30 Sep 2022 14:45

EARNINGS SUMMARY: Narf loss narrows; Chill Brands loss widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
27 Jun 2022 10:56

All ThingsConsidered achieves double-digit rise in annual revenue

(Alliance News) - All ThingsConsidered Group PLC on Monday posted a rise in revenue in 2021 and said momentum has continued into 2022.

Read more
10 May 2022 19:20

IN BRIEF: ATC Group holds stake in Napster acquisition vehicle

All Things Considered Group PLC - London-based music firm providing talent management, live booking and livestreaming - Notes announcement by Hivemind Capital Partners and Algorand that they have acquired audio streaming service Napster. ATC says it holds a minority stake in the vehicle which has made the acquisition. The investor consortium consists of ATC Management, BH Digitial, G20 Ventures, "and others". Will update with further details in due course, ATC says.

Read more
7 Apr 2022 22:02

TRADING UPDATES: Capita wins contract extension; RM notes challenges

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
18 Jan 2022 12:30

IN BRIEF: All Things Considered hires Naxos Music exec as new CFO

IN BRIEF: All Things Considered hires Naxos Music exec as new CFO

Read more
21 Dec 2021 12:49

IN BRIEF: Music firm All Things Considered starts trading on AQSE

IN BRIEF: Music firm All Things Considered starts trading on AQSE

Read more
21 Dec 2021 08:14

LONDON BRIEFING: Dublin government to reduce stake in AIB bank

LONDON BRIEFING: Dublin government to reduce stake in AIB bank

Read more
20 Jan 2016 18:14

Atlantic Coal Implements Quality Management Systems At Stockton

Read more
21 Dec 2015 14:11

Atlantic Coal Plans To Leave AIM As It Considers Potential Takeover (ALLISS)

Read more
2 Dec 2015 08:25

Atlantic Coal Shareholder Requests Meeting To Propose Delisting (ALLISS)

Read more
9 Nov 2015 08:54

Atlantic Coal Uncovers Mammoth Seam As Production And Sales Soar

Read more
8 Oct 2015 10:49

LONDON MARKET MIDDAY: Stocks Mixed Ahead Of BoE, ECB And Fed Releases

Read more
8 Oct 2015 10:41

Atlantic Coal reports 26% rise in revenue

(ShareCast News) - Atlantic Coal said its unaudited turnover for the nine months ended 30 September 2015 rose 26% to around $17.8m and it expects second-half turnover to at least match the first half. The AIM-listed anthracite coal mining company, which plans to release unaudited revenue figures in

Read more
8 Oct 2015 09:27

WINNERS & LOSERS SUMMARY: BT Shares Off Amid Regulatory Concerns

Read more
8 Oct 2015 07:37

LONDON MARKET OPEN: Stocks Lower; Hays Hit By Currency Movements

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.