New World Resources non-executive director Barry Rourke has sold shares in the European coal miner less than one month after acquiring shares at a higher price.
Rourke sold 30,000 A shares at 736.8p a share, which leaves him with 55,843 A shares. The sale raised £221,000.
On 21 May, Rourke acquired 20,693 A shares at 835.1p each via an employee share scheme.
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Rourke has been a director of NWR since November 2007. NWR was incorporated in the Netherlands in 2005 and listed in London, Warsaw and Prague in 2008. The focus of the business is coal mines in the north east of the Czech Republic, which were privatised in the early 1990s. NWR is the second largest private employer in the Czech Republic.
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