The former Prime Minister of Peru, Roberto Danino, who is non-executive deputy chairman at the precious metal miner Hochschild, sold nearly £2m of shares earlier this month, the company announced today.
Navajo International Holdings, an entity related to Danino, who was prime minister of the South American country from 2001 to 2002, sold 300,000 shares at about 625p a time. Hochschild made the announcement on the same day it reported that a strike at its main mine, which is in Argentina, had stopped production.
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