Glencore's chief executive Ivan Glasenberg has opened his wallet, splashing out nearly £10m on shares in the commodity trading house.
He took 2.25m shares at an average price of 435p a share and has already made a handsome profit of about £100,000.
The company added that Glasenberg plans to buy more shares.
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Glasenberg joined Glencore in 1984 and has been chief executive since 2002. He previously worked in the coal/coke commodity department in South Africa as a marketer, before spending two years in Australia as head of the Asian coal/coke commodity division.
Top Director Buys
Glencore International (GLEN)
Director name: Mr Ivan Glasenberg
Amount purchased: 2,250,000 @ 435.02p
Value: £9,787,950
Symphony International Holdings Ltd. (SIHL)
Director name: Mr Anil Thadani
Amount purchased: 169,864 @ $0.75
Value: $127,398
Symphony International Holdings Ltd. (SIHL)
Director name: Mr Anil Thadani
Amount purchased: 130,136 @ $0.75
Value: $97,094
Kofax (KFX)
Director name: Mr Reynolds Carl Bish
Amount purchased: 20,000 @ 290.00p
Value: £58,000
Tribal Group (TRB)
Director name: Mr Keith Evans
Amount purchased: 103,130 @ 48.06p
Value: £49,564
Centaur Media (CAU)
Director name: Mr Geoff Wilmot
Amount purchased: 72,000 @ 37.00p
Value: £26,640
Tex Holdings (TXH)
Director name: Mr C D Palmer-Tomkinson
Amount purchased: 28,000 @ 80.00p
Value: £22,400
Rockhopper Exploration (RKH)
Director name: Mr Kevin John Crowle
Amount purchased: 8,520 @ 233.55p
Value: £19,898
