Centamin Egypt boss buys again

The chairman of FTSE 250-listed gold miner Centamin Egypt Josef El-Raghy has doubled his personal stake in the company, taking more than £550,000 of shares.

He took 500,000 at 110.9p a time and now has a personal holding of 1m shares. However, including "his connected persons" El-Raghy has 71.2m shares in the company, which is 6.5% of the company.

Centamin operates the Sukari gold mine in Egypt's Eastern Desert.

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The share price has risen since El-Raghy's last big purchase earlier this month, benefiting from the higher gold price as investors seek safe assets amid turmoil in the markets. On 5 and 6 September, he took 500,000 shares at between 104.2p and 106.4p.

Top Director Buys

IFG Group (IFP)

Director name: Mr Declan Kenny

Amount purchased: 479,167 @ 105.94p

Value: £507,630

Centamin Egypt Ltd. (CEY)

Director name: Mr Josef El-Raghy

Amount purchased: 500,000 @ 110.76p

Value: £553,800

Sable Mining Africa Ltd. (DI) (SBLM)

Director name: Mr Andrew Stuart Groves

Amount purchased: 500,000 @ 11.25p

Value: £56,250

Sable Mining Africa Ltd. (DI) (SBLM)

Director name: Mr Phil Edmonds

Amount purchased: 500,000 @ 11.25p

Value: £56,250

Firestone Diamonds (FDI)

Director name: Mr Philip Kenny

Amount purchased: 175,000 @ 17.25p

Value: £30,188

Diploma (DPLM)

Director name: Mr I Henderson

Amount purchased: 10,000 @ 290.00p

Value: £29,000

Firestone Diamonds (FDI)

Director name: Mr Tim Wilkes

Amount purchased: 150,000 @ 17.13p

Value: £25,695

Avesco Group (AVS)

Director name: Mr Richard A Murray-Obodynski

Amount purchased: 16,000 @ 121.50p

Value: £19,440

European Investment Trust (EUT)

Director name: Mr Michael Moule

Amount purchased: 2,500 @ 454.53p

Value: £11,363

Sinclair Is Pharma (SPH)

Director name: Mr Christophe Foucher

Amount purchased: 35,000 @ 26.27p

Value: £9,194

Top Director Sells

Amec (AMEC)

Director name: Mr Ian P McHoul

Amount sold: 83,295 @ 896.50p

Value: £746,740

Burberry Group (BRBY)

Director name: Mr David A Tyler

Amount sold: 20,000 @ 1,461.70p

Value: £292,340