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DIRECTOR DEALINGS SUMMARY: Cora Gold Chairman Buys 200,000 More Shares

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

Alliance News 12 October, 2017 | 5:26PM
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LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.


Cora Gold said Chairman Geoff McNamara's stake in the company increased following a purchase through a company he controls on Wednesday.

Tanamera Resources Pte bought 200,000 shares for 15.50 pence each, and the chairman now holds 824,242 shares or a 1.50% stake in the gold miner. On Wednesday, Tanamera bought 200,000 shares for 16.0 pence each, for a total of around GBP32,000 to take the chairman's stake up to 1.14%.

Cora shares closed up 0.8% on Thursday at 15.75 pence.


City of London Investment Group said Chief Executive Officer Barry Olliff sold 50,000 shares at a price of 425.00 pence per share. The sale, which was made on Wednesday, is part of a wider commitment by Olliff to sell 250,000 shares in total. He now holds 2.2 million shares, which represents 8.0% stake in the the asset manager. London Investment Group shares closed up 0.6% at 410.50p Thursday.


Pan African Resources said that Non-Executive Director Thabo Mosololi bought 20,000 shares at a price of ZAR2.30 each last Friday. Following this transaction, Mosololi now holds 50,000 shares. Shares in London closed flat at 12.75p Thursday. The last closing price of JSE shares was ZAR2.28.


Polar Capital Holdings said Christabel Aldous, wife of non executive director Hugh Aldous, bought 10,000 shares at a price of 499.96 pence per share. The stock closed up 0.1% at 494.23p Thursday.


Allergy Therapeutics said Non-Executive Director Tunde Otulana bought 25,000 shares at a price of 0.5066 cents per share, equal to 38.41 pence. The purchase, was made on Wednesday, is Otulana's only shareholding. Shares in the vaccines maker closed down 0.1% at 37.96p Thursday.


Artemis Alpha Trust said Non-Executive Director Blathnaid Bergin bought 4,970 shares at a price of 299.75 pence per share Tuesday. The stock closed down 1.0% at 298.00p Thursday.


By Arvind Bhunjun;; @ArvindBhunjun

Copyright 2017 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Cora Gold Ltd Ordinary Shares 11.80 GBX -4.45 -
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