Coal mine developer GCM Resources' non-executive chairman Gerard Holden has bought nearly £45,000 worth of shares in the company.
He took 50,000 at 89p a time. The shares closed at 92p going into the weekend.
GCM is hoping to develop the Phulbari Coal project in Bangladesh, pending approval from the South Asian country's government.
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Directors at the firm are to be given shares if certain milestones are achieved, including approval for the project. Holden is to receive 100,000.
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Top Director Sells
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