Prosperity Minerals, the cement manufacturer and iron ore trader in China, saw its head buy £2.4m worth of shares in the firm, increasing his sizeable stake.
David Wong, the chairman and chief executive officer, acquired 6.9m shares at a price of 35p per share. Wong now holds 60m shares, which represents 45.58% of the group.
Top Director Buys
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
Value: £2,415,000
Value: £49,999
Value: £34,533
Value: £19,808
Value: £16,150
Value: £14,500
Value: £14,500
Value: £6,830
-
-
Pension withdrawals on the rise, HMRC data reveals
Pension withdrawal data has led to some raising concerns over savers ‘raiding’ their pensions unsustainably.
-
ONS: UK economy recovered from pandemic faster than previously thought
Revisions from the ONS showed the UK economy has grown since the pandemic, while the latest data showed GDP grew in the second quarter of 2023.
