Sovereign Mines of Africa Share News (SMA)

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Wednesday and late Tuesday.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

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