DIRECTOR DEALINGS SUMMARY: Anglo African Chair And Non-Exec Subscribe

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Monday.
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Anglo African Agriculture said it has raised GBP75,000 through the placing of 15 million shares at 0.5 pence each.

The proceeds will be used to support the working capital requirements of Anglo African's subsidiary Dynamic Intertrade, as it works to expand its product range and client base.

Non-Executive Chairman Neil Herbert subscribed for 5 million of the new shares, following which he now owns 11 million shares in the company, representing 10% of its issued share capital.

Non-Executive Director George Roach subscribed for 1.3 million shares, taking his total holding to 4 million shares, representing 3.6% of the company's issued share capital.

"Following the 2015 relocation of AAA's wholly owned spice and seasonings business to a modern and fully certified food processing facility in Cape Town, the focus of the new management team is to expand both the client base and enhance the product range with higher margin products to meet growing demand," Herbert said in a statement.

Shares in Anglo African closed untraded on Monday, last quoted at 0.560 pence.
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Tracsis said Non-Executive Director John Nelson sold GBP650,000 worth of shares on Friday. Nelson sold 130,000 shares at 500 pence each, leaving him with 100,824 shares, or an 0.4% stake. Shares in the traffic data software company closed down 1.7% at 501.50p Monday.
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SIG said Finance Director Douglas Robertson bought 35,000 shares at a price of 138.886 pence per share on Monday. Following this purchase, Robertson now holds 147,922 shares, which equals 0.025% stake in SIG. Shares in the building materials distributor closed down 0.2% at 138.60p Monday.
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Henry Boot said Finance Director Darren Littlewood bought 7,003 shares at a price of 216.45 pence per share on Monday. Following this transaction, Littlewood now holds 24,694 shares, which equals 0.019% stake in the construction group. The stock closed down 0.6% at 213.50p Monday.
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

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