ENRC non-exec buys £500k worth of shares

Mehmet Dalman, the non-executive director of miner ENRC, has bought half-a-million pounds worth of shares in the group.

Mehmet Dalman, the non-executive director of miner ENRC, has bought half-a-million pounds worth of shares in the group.

Dalman acquired 120,000 shares at 415p each, increasing his holding to 212,000 shares in the group.

Last week, the group reported a sharp rise in full-year pre-tax profits and announced that its chief financial officer will leave the Kazakhstan-focused miner.

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Pre-tax profit rose to $3.83bn in the year ended 31 December compared with $1.32bn last time as revenue increased by 66% to $6.8bn.