Western Coal director sells option shares

A round-up of the biggest director buys today so far.

Western Coal Corporation director Charles Pitcher made a gain of £227,000 by selling shares he has acquired through the exercise of options.

Pitcher purchased 175,000 shares at an option price of C$1.95 a share and immediately sold them at C$4.10 a share, thereby raising £433,982. Pitcher still owns 140,000 shares and has options over 300,000 shares.

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