The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSovereign Mines of Africa Share News (SMA)

  • There is currently no data for SMA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

DIRECTOR DEALINGS SUMMARY: New Sovereign Mines Of Africa Pair Buy

Wed, 23rd Dec 2015 17:16

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Wednesday and late Tuesday.
----------
Sovereign Mines of Africa said it made two new board appointments and raised GBP500,000 through a share subscription agreement.

The gold miner, which owns properties in the Republic of Guinea, has appointed Giles Clarke as its chairman and Rupert Fraser as non-executive director. Clarke is the chairman of Amerisur Resources, the London-listed oil and gas firm, mining exploration and development company Ironveld, and natural resources investing company Kennedy Ventures. Fraser is a non-executive director at Ironveld.

In addition, the pair participated in a GBP500,000 fundraising by Sovereign Mines, through which it has issued 500.0 million shares at 0.10 pence per share. Clarke bought GBP100,000 worth of shares, while Fraser bought GBP125,000.

Shares in the company closed up 122% to 0.300p on Wednesday, the best performer in the AIM All-Share.
----------
PureCircle said Chin Yoong Foo, the vice-president for finance operations, sold 25,000 shares at a price of 400.00p per share on Tuesday. Following this transaction, Chin's beneficial shareholding is 66,300 shares, representing 0.04% of the issued share capital. Shares in the stevia ingredients producer closed down 0.8% at 398.77p Wednesday.
----------
Animalcare Group said Chairman James Lambert sold 54,000 shares at a price of 222 pence per share on Tuesday, a deal worth GBP119,880. Following this transaction, Lambert holds 1.3 million shares, which represents 6.2% of the issued share capital. Shares in the veterinary medicines supplier closed up 1.5% at 229.92p Wednesday.
----------
Chenavari Capital Solutions said its new chairman and two non-executive directors bought their first shares. Chairman Robert King bought 30,000 shares GBP0.9225 each on Tuesday after assuming the role in October. The company also said Rene Mouchotte bought 5,000 shares GBP0.9199 each Tuesday and Iain Stokes bought 40,000 shares at GBP0.9225 each on Monday. The purchases are their only holdings. The stock closed up 0.5% at 92.36p Wednesday.
----------
Canadian Overseas Petroleum said President and Chief Executive Officer Arthur Millholland bought a total of 5 million shares. Millholland bought 949,000 shares on Tuesday at USD0.02993 each and 4.1 million shares at USD0.04 each on Monday. Following this transaction, Millholland's beneficial holding is 10.7 million shares representing approximately 2.3% of the issued share capital. Shares in the oil and gas exploration company closed up 15% at 2.01p Wednesday.
----------
Brammer said Chairman Bill Whiteley bought 12,500 shares at a price of 158.68p per share Tuesday. Following this transaction, Whiteley holds an interest in 63,255 shares, representing 0.04% of the issued share capital. Shares in the industrial maintenance, repair and overhaul products distributor closed up 4.8% at 169.50p Wednesday.
----------
Mitchells & Butlers said Chief Executive Officer Phil Urban bought 18,706 shares at a price of 318.75p per share on Wednesday. Following this transaction, Urban holds 31,306 shares. Shares in the pub and restaurant operator closed up 0.4% at 319.02p Wednesday.
----------
Retirement housebuilder McCarthy & Stone said Ali Maruf, a senior manager, bought 6,010 shares at a price of GBP2.48074 per share Tuesday. The company joined the main market of the London Stock Exchange in November. The stock closed up 0.8% at 250.00p Wednesday.
----------
Treatt said Chairman Tim Jones bought 8,596 shares at a price of 165.00p per share on Wednesday. Following this transaction, Jones has a beneficial interest in 99,664 shares of Treatt, being 0.190% of the issued share capital. The stock closed up 0.6% at 166.00p Wednesday.
----------
Theme park and attractions operator Merlin Entertainments said Non-Executive Director Trudy Rautio bought 11,250 shares at a price of GBP4.428016 per share Tuesday. The purchase is her only holding after being appointed in October. The stock closed up 1.2% at 447.00p Wednesday.
----------
Rio Tinto said Non-Executive Director Paul Teller bought 356 shares at GBP20.1447 each on Wednesday. The mining stock closed up 6.1% at 2,014.90p Wednesday.
----------
MJ Gleeson said Harwood Capital, a vehicle connected to Non-Executive Director Chrisopher Mills, sold 67,000 shares at a price of GBP5.4112 per share last Friday. Following this transaction, Mills holds a beneficial interest in 11.4 million shares, which represents 21% stake. Shares in the urban housing regeneration company closed down 1.0% at 535.00p Wednesday.
----------
Telford Homes said Non-Executive Director Frank Nelson's wife bought 12,954 shares at a price of 382.5 pence each. This is Nelson's only holding in the company. Shares in Telford Homes closed up 1.0% at 385.12p Wednesday.
----------
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
1 Dec 2015 08:22

Sovereign Mines' Mandiana Talks Suspended, Capital Raise Imminent (ALLISS)

Read more
26 Oct 2015 08:17

Sovereign Mines Says Exclusivity Period On Mandiana Talks Lapses

Read more
14 Oct 2015 15:58

Sovereign Mines extends talks deadline over Guinea project partnership

(ShareCast News) - AIM-listed Sovereign Mines excited investors by revealing it is continuing talks with an unnamed "major third party" about becoming a partner on its Mandiana gold project in northeast Guinea. In July, Sovereign entered into an "exclusivity agreement" to early October with the myst

Read more
14 Oct 2015 10:37

Sovereign Mines Of Africa Extends All-Important Partnership Deal Date

Read more
28 Sep 2015 10:39

Sovereign Mines Of Africa Plans Fundraising As Loss Narrows (ALLISS)

Read more
5 Jun 2015 10:59

LONDON MIDDAY BRIEFING: Vodafone In Asset Swap Talks With Liberty

Read more
5 Jun 2015 10:27

WINNERS & LOSERS: Halfords Rides Higher As Sales Hit GBP1 Billion

Read more
5 Jun 2015 09:50

Sovereign Mines plunges after warning over future operations

Shares in Sovereign Mines of Africa plunged over 50% early on Friday after the mining sector investor issued a warning over its future. The Africa-focused group said its outlook looked bleak after a disappointing 2014 during which it struggled to find a strategic partner for its Mandiana gold projec

Read more
5 Jun 2015 07:30

Sovereign Mines Of Africa's Future Gloomy After Tough 2014

Read more
30 Sep 2014 12:38

CORRECT: UK WINNERS & LOSERS: Intertek's Gain Is Inchcape's Loss On CEO Change

Read more
30 Sep 2014 12:35

UK MIDDAY BRIEFING: Clothing Retailers Hit By Next Weather Warning

Read more
30 Sep 2014 11:51

UK WINNERS & LOSERS: Intertek's Gain Is Inchcape's Loss On CEO Change

Read more
30 Sep 2014 08:57

Sovereign Mines Of Africa Soars On Positive Mandiana Project Results

Read more
15 Sep 2014 10:55

Sovereign Mines Says Its Has Enough Cash To Retain Guinea Licenses

Read more
29 May 2014 14:54

Sovereign Mines sinks despite resolute outlook

Shares subsided further at AIM-listed Sovereign Mines as it revealed increased losses in 2013, despite claims of real progress and sufficient capital for at least 15 months. Chairman David Pearl bemoaned the fact the company had been forced into "survival mode" even though it had been given assuran

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.