3rd Oct 2014 11:16
LONDON (Alliance News) - International Ferro Metals Limited Friday said that all nine members of the Board have purchased shares in the mining company, totaling 1.5 million shares in all at a price of 7.10 pence, taking the board's total holding to 2.462% of the issued share capital.
Tony Grey has purchased 200,000 shares. Following this transaction, Grey holds a total of 1.8 million shares in IFL representing 0.319% of the company's issued share capital.
Stephen Turner has purchased 200,000 shares. Following this transaction, Turner holds a total of 7.6 million shares in IFL representing 1.370% of the company's issued share capital.
Chris Jordaan has purchased 100,000 shares. Following this transaction, Jordaan holds a total of 400,000 shares in IFL representing 0.072% of the company's issued share capital.
Jannie Muller has purchased 150,000 shares. Following this transaction, Muller holds a total of 400,000 shares in IFL representing 0.072% of the company's issued share capital.
Tian Xia has purchased 200,000 shares. Following this transaction, Xia holds a total of 466,667 shares in IFL representing 0.084% of the company's issued share capital.
Xiaoping Yang has purchased 200,000 shares. Following this transaction, Yang holds a total of 466,667 shares in IFL representing 0.084% of the company's issued share capital.
Stephen Oke has purchased 100,000 shares. Following this transaction, Oke holds a total of 350,000 shares in IFL representing 0.063% of the company's issued share capital.
Terry Willsteed has purchased 150,000 shares. Following this transaction, Willsteed holds a total of 1,500,000 shares in IFL representing 0.271% of the company's issued share capital.
John Ballard has purchased 200,000 shares. Following this transaction, Ballard holds a total of 700,000 shares in IFL representing 0.126% of the company's issued share capital.
The stock was trading at 7.32p, up 4.6%, Friday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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