Cap-xx Share News (CPX)

Non-executive director Craig Burton has sold 3m shares in Matra Petroleum at an average price of 4.16p a share but he still holds 45.2m shares - 4.53% of the Russia-focused oil and gas explorer. This follows last Friday's disposal of 18m shares by Macquarie Bank, which retains a 11.02% stake in Matra. Burton is a director of a number of quoted resources companies. Matra has started drilling the first appraisal well on on the Arkhangelovskoe License in Orenburg, Russia. There was a delay because of the lack of an interim generator but the site has been linked to the local electricity supply. The drilling will take around four months and cost $4.5m. Matra had €659,000 in the bank at the end of June 2009. Matra joined AIM in April 2006 following the reversal of Inke Petroleum into AIM-quoted Ming Resources. Matra sold its Hungarian interests in December 2008 in order to concetrate on its Russian exploration interests. Top Director BuysGeneral Electric (GEC) Director name: Mr Alan G LafleyAmount purchased: 13,000 @ € 10.19 Value: € 132,504Mondi (MNDI) Director name: Mr John Edward NicholasAmount purchased: 6,000 @ 337.70p Value: £20,262Top Director SellsCAP-XX (CPX) Director name: Mr John C MurrayAmount sold: 2,000,000 @ 24.00p Value: £480,000Matra Petroleum (MTA) Director name: Mr Craig BurtonAmount sold: 3,000,000 @ 4.16p Value: £124,800