Director dealings: Landore Resources finance director raises stake.


Landore Resources revealed on Monday that finance director Glenn Featherby had acquired 500,000 ordinary shares in the AIM-listed exploration and development company.

Source: Sharecast

Featherby, who was previously the chairman of Forte Energy NL, purchased the shares on Friday at an average price of 8.43p each, for a total value of £42,130.

Following the transaction, Featherby holds an interest in 3.72m ordinary Landore shares, representing approximately 3.05% of the company's issued share capital.

Earlier in October, Landore announced an agreement to sell its lithium prospects within the Junior Lake Project to the ASX-listed Green Technology Metals. Under the agreement, GT1 will give Landore Resources Canada, a wholly-owned subsidiary of Landore Resources, a cash sum of CAD 1.0m (£600,000). Additionally, a share-based consideration would see the issue of 1.62m new shares in GT1 to Landore Resources.

As of 1515 BST, Landore shares were up 2.02% at 8.82p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Lsl Property Services (LSL)
Director name: Barral,David
Amount purchased: 48,083 @ 248.00p
Value: �119,245.84

Uniphar (cdi) (UPR)
Director name: Hogan,Paul
Amount purchased: 50,000 @ 2.30
Value: 103,603.60

Landore Resources Limited Npv (LND)
Director name: Featherby,Glenn
Amount purchased: 500,000 @ 8.43p
Value: �42,150.00

Avi Global Trust (AGT)
Director name: Galloway,Neil
Amount purchased: 15,000 @ 195.85p
Value: �29,377.36

Diversified Energy Company (DEC)
Director name: Thomas,Martin Keith
Amount purchased: 15,000 @ 74.80p
Value: �11,220.00

Assura (AGR)
Director name: Murphy,Jonathan
Amount purchased: 360 @ 41.64p
Value: �149.90

Assura (AGR)
Director name: Cottam,Jayne
Amount purchased: 360 @ 41.64p
Value: �149.90

Top Director Sells


Exchange: London Stock Exchange
Sell:
3.40 p
Buy:
3.80 p
Change: -0.05 ( -1.41 %)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.