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Pin to quick picksResolute Mining Share News (RSG)

Share Price Information for Resolute Mining (RSG)

London Stock Exchange
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Share Price: 24.60
Bid: 24.00
Ask: 24.60
Change: 1.60 (7.05%)
Spread: 0.60 (2.50%)
Open: 23.40
High: 24.80
Low: 23.40
Prev. Close: 22.70
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UK DIRECTOR DEALINGS SUMMARY: Avast Non-Exec Sells 500,000 Shares

Fri, 05th Jun 2020 14:10

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:

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Avast PLC - cybersecurity - Non-Executive Director Ulf Claesson sells 250,000 shares at GBP4.87, worth GBP1.2 million, on Thursday. Claesson had sold the same number of shares on Wednesday, meaning 500,000 shares worth GBP2.5 million this week.

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Oncimmune Holdings PLC - early detection of cancer - Non-Executive Director Tim Bunting buys 150,000 shares at average GBP1.19, worth GBP178,800. Non-Executive Chair Meinhard Schmidt and wife Tatiana buy 13,000 shares at same price. Chief Executive Officer Adam Hill, Chief Financial Officer Matthew Hall and General Counsel Ron Kirschner buy a combined 11,405 shares. All on Thursday.

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Braveheart Investment Group PLC - direct investment in companies - CEO Trevor Brown buys 972,385 shares at 17p, worth GBP165,305, on Friday. Brown had sold 3.1 million shares on Monday and Tuesday. He now holds 6.0 million shares, a 19% stake.

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GetBusy PLC - task management software - Non-Executive Chair Miles Jakeman buys 150,000 shares at 64.0p, worth GBP96,000, on Monday. The purchase is his only holding.

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Resolute Mining Ltd - gold mining in Mali, Senegal and Ghana - CEO John Welborn buys 50,000 shares at AUD1.12, worth AUD55,875, about GBP30,796, on Wednesday.

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DX Group PLC - parcel freight, courier and logistics services - Executive Chair Ronald Series buys 140,000 shares at 12.44p, worth GBP17,416, on Thursday. Now holds 2.0 million shares, an 0.3% stake.

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Cadogan Petroleum PLC - exploration and production licenses in western Ukraine - CEO Fady Khallouf buys 2.3 million shares at GBP0.02, worth GBP55,125, on Wednesday. Now holds 7.8 million shares worth 3.2%.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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Resolute Mining Ltd - Africa-focused gold miner - Expects to see strong growth from the Syama sulphide operations, with the mine exceeding 260,000 ounces per year by 2026 as the underground sub-level cave performance improves and its Phase I expansion project ramps up. At Mako mine expects to see a profit increase in 2024 and 2025 with production between 130,000 to 140,000 ounces per year at an all-in sustaining cost, reducing to USD1,100 to 1,200 per ounce from approximately USD1,450 per ounce. Looking ahead, says Syama oxide operations have not performed to plan as a result of mining lower grade ores. Overall gold production has been revised down from 350,000oz target to a range of 330,000 to 340,000 ounces for the year. AISC guidance for 2023 remains unchanged at USD1,480 per ounce.

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