The chairman and chief executive of Russia-focused FTSE 250 miner Petropavlovsk each topped up their stakes in the firm after VMHY Holdings - a company in which they together have a 50% holding - bought shares.
As a result of the transaction, they each received 105,000 ordinary shares (representing 0.05% of the issued share capital) in Petropavlovsk at a price of 743.89p per share, resulting in purchases worth £781,084 each.
Chairman Peter Hambro now holds over 8.67m shares equal to a 4.61% stake, while Pavel Maslovskiy, the company's chief executive, upped his stake to 7.93%. He holds over 14.9m shares.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
---BC
Top Director Buys
Petropavlovsk (POG) Director name: Mr Pavel MaslovskyAmount purchased: 105,000 @ 743.89p Value: £781,084
Petropavlovsk (POG) Director name: Mr Peter HambroAmount purchased: 105,000 @ 743.89p Value: £781,084
Parity Group (PTY) Director name: Mr Philip E SwinsteadAmount purchased: 2,385,216 @ 23.00p Value: £548,600
Douglasbay Capital (DBAY) Director name: Mr Colin KingsnorthAmount purchased: 753,060 @ 16.35p Value: £123,125
United Utilities Group (UU.) Director name: Mr Steven L MogfordAmount purchased: 15,928 @ 627.87p Value: £100,007
F&C Asset Management (FCAM) Director name: Mr Edward BramsonAmount purchased: 100,000 @ 76.83p Value: £76,830
Cable & Wireless Communications (CWC) Director name: Mr William Anthony RiceAmount purchased: 100,000 @ 43.80p Value: £43,800
Cable & Wireless Communications (CWC) Director name: Mr William Anthony RiceAmount purchased: 100,000 @ 43.80p Value: £43,800
Cable & Wireless Communications (CWC) Director name: Mr William Anthony RiceAmount purchased: 100,000 @ 42.93p Value: £42,930
Cable & Wireless Communications (CWC) Director name: Mr William Anthony RiceAmount purchased: 100,000 @ 42.92p Value: £42,920
Top Director Sells
Metminco Ltd. (MNC) Director name: Mr William EtheridgeAmount sold: 600,000 @ 27.50p Value: £165,000
Torotrak (TRK) Director name: Mr Dick ElsyAmount sold: 336,838 @ 43.00p Value: £144,840
Torotrak (TRK) Director name: Mr Jeremy DeeringAmount sold: 259,971 @ 43.00p Value: £111,788
Rugby Estates (RES) Director name: Mr David M F Tweeddale-TyeAmount sold: 17,149 @ 398.00p Value: £68,253
Rugby Estates (RES) Director name: Mr Andrew WilsonAmount sold: 17,149 @ 398.00p Value: £68,253
Greggs (GRG) Director name: Mr Raymond ReynoldsAmount sold: 12,637 @ 523.00p Value: £66,092
-
Parental contributions to kids' university living costs could reach £14,000 a yearParents helping kids with university living costs face contributions of up to £14,000 per year, according to a report from HEPI and TechnologyOne.
-
Rightmove: property asking prices hit record highNews Rising demand for top of the ladder home is boosting asking prices, Rightmove research shows. Is now a good time to sell a property?
