11th Jun 2014 10:29
LONDON (Alliance News) - Gold exploration and development company KEFI Minerals PLC Wednesday said a group of directors bought a total of approximately 4.9 million shares between them at a price of 1.5 pence per share.
Details are as follows.
Director | Position | Number of shares acquired | Resultant shareholding | Resultant shareholding as a % of the current issued share capital
|
Harry Anagnostaras-Adams | Non-Executive Chairman | 2,000,000 | 13,966,667 | 1.40 |
Ian Plimer | Deputy Chairman | 1,866,668 | 3,116,668 | 0.31 |
Jeff Rayner | Managing Director | 1,000,000 | 4,783,333 | 0.48 |
Nyota Minerals Ltd said Wednesday it has entered a deal to sell its remaining 25% in the Tulu Kapi Gold project in Ethiopia to KEFI for GBP1.5 million in cash and shares, after failing to fund its cash calls for the site.
KEFI shares were up 1.9% at 1.58p Wednesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
Kefi Gold & Copper