Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPathfinder Minerals Share News (PFP)

  • This share is currently suspended. It was suspended at a price of 0.275

Share Price Information for Pathfinder Minerals (PFP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.275
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.275
PFP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

DIRECTOR DEALINGS SUMMARY: Pathfinder Minerals Chief Snaps Up Shares

Thu, 17th Mar 2016 17:09

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.

----------

Pathfinder Minerals shares rose after the company raised GBP200,000 from a subscription of shares, half of which were taken up by Chief Executive Nick Trew.

The company said it raised the funds through a subscription of over 24.0 million shares in the company at a price of 0.8325 pence each, which is a 10% discount to the closing share price on Wednesday.

Half of the shares were taken up by Trew, who now holds a total of 21.5 million shares in the company to give him a 16.79% stake in the company.

The 24.0 million shares issued in total on Thursday represent 18.8% of the company's enlarged issued share capital.

Pathfinder shares more than doubled in value on Thursday, closing at 2.25p.

----------

Metro Bank said Non-Executive Director Alastair Gunn bought 2,260 shares at a price of 2,200p per share on March 9. Following this transaction, Gunn's shareholding increased to 69,364 shares, representing 0.09% of the company's issued share capital. The lender listed earlier this month, with a market capitalisation of around GBP1.6 billion, making it the biggest IPO of 2016 so far. Metro Bank was the first new high street bank to open in the UK in over a century and has a network of 40 branches in and around London. The stock closed flat at 2,000.17p Thursday.

---------

Shipping services company Clarkson said former shareholders in RS Platou, which Clarkson bought in 2015, have sold shares in Clarkson. The former shareholders sold 2.0 million shares, about a 6.6% stake, at 1,840p per share via a secondary placing, which was announced on Wednesday. Clarkson shares closed at 1,840.00p on Wednesday. The sale was worth around GBP36.8 million in total. Peter Anker, the president of brokerage and investment banking at Clarkson, sold 169,000 shares in the placing, leaving him with 357,477 shares in the company, or around 1.2% of its issued share capital. The stock closed up 11% at 2,110.00p Thursday.

---------

Virgin Money Holdings said Chief Risk Officer Marian Martin sold 3,766 shares at 365p each on Thursday. Her total shareholding was undisclosed. The stock closed down 1.3% at 362.70p Friday.

----------

Quarto Group said Chief Executive Officer Marcus Leaver bought 4,562 shares at a price of 272.34p per share on Thursday, following the company's annual results. Following this transaction, Leaver is interested in 18,562 shares representing approximately 0.09% of issued shares with voting rights. On Thursday, Quarto posted higher pretax profit and revenue for 2015, held back somewhat by the strong dollar. Shares in the publishing group closed down 4.0% at 256.8p Thursday.

---------

Volex said Non-Executive Director Robert Beveridge bought 30,000 shares at 38.1p each on Thursday. The purchase is his only holding. Shares in the power and data cabling supplier closed up 3.4% at 38.25p Thursday.

---------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.

More News
7 Sep 2015 11:12

Pathfinder Minerals Issues New Shares After Capital Reorganisation (ALLISS)

Read more
2 Sep 2015 16:52

Mozambique Court Refuses Pathfinder Permission To Appeal Against Ruling

Read more
30 Jul 2015 10:33

Pathfinder Minerals Knows Of No Reason For Share Price Rise

Read more
30 Jun 2015 07:34

Pathfinder Proposes Capital Reorganisation, Legal Issues Ongoing

Read more
29 Sep 2014 10:34

Pathfinder Loss Narrows As Costs Reduced; Mozambique Dispute Ongoing

Read more
27 Jun 2014 11:46

UK MIDDAY BRIEFING: Intel Sells Most Of Imagination Technologies Stake

Read more
27 Jun 2014 11:23

UK WINNERS & LOSERS: Imagination Technologies Leads FTSE 350 Fallers

Read more
27 Jun 2014 08:59

Pathfinder Minerals Says Mozambique Ruling Could Take Up To Two Years

Read more
18 Feb 2014 11:50

UK WINNERS & LOSERS: Randgold, Goldstone Fall As Drilling Results Disappoint

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday. ------- FTSE 100 - WINNERS BHP Billiton, up 1.2%. The Anglo-Australian mining giant has reported an 83% increase in profit for the first half of fiscal

Read more
18 Feb 2014 11:35

Pathfinder Minerals appoints former UK Africa minister as chairman

Pathfinder Minerals has appointed former UK government Africa minister Henry Bellingham as Chairman as it seeks to recover assets in a dispute with a local partner in Mozambique. The Conservative member of parliament will start with the AIM-listed miner immediately. His major task is to oversee th

Read more
18 Feb 2014 10:50

Pathfinder Minerals Says Henry Bellingham MP Has Joined The Company

LONDON (Alliance News) - Pathfinder Minerals PLC Tuesday said that Henry Bellingham MP has joined the company as a non-executive chairman with immediate effect. The minerals development company has effectively been in limbo awaiting legal proceedings to get back assets it says were seized i

Read more
7 Nov 2013 13:39

DIRECTOR DEALINGS: Pathfinder Minerals CEO Buys 450,000 Shares

Read more
6 Nov 2013 16:45

Pathfinder Minerals Hits Snag With Maputo Court Ruling

Read more
3 Apr 2013 16:05

Prudential Chairman keeps the faith

Paul Manduca, the Chairman of Prudential, the FTSE 100 life insurance company, this week showed his faith in the company with the purchase of 20,000 shares following a hefty fine levied by the Financial Services Authority (FSA) at the end of March. Manduca, who became Chairman in July of last year

Read more
3 Apr 2013 08:41

Wednesday broker round-up UPDATE

Aggreko: Credit Suisse takes target price from 1850p to 2000p staying with its neutral rating. Andor Technology: Investec ups target price from 500p to 525p reiterating a buy recommendation. AngloAmerican: Credit Suisse cuts target price from 2100p to 1900p and reiterates a neutral rating. Antofa

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.