Source: Sharecast
Vargas, who took over as chairman in 2024, purchased the shares on Wednesday at an average price of 25.92p each, for a total value of £88,941.63.
Following the purchase, Vargas holds a beneficial interest in 22.45m ordinary Petra shares, representing approximately 11.56% of the company's issued share capital.
As of 1615 GMT, Petra Diamonds shares were up 11.36% at 28.40p.
Reporting by Iain Gilbert at Sharecast.com
Top Director Buys
B&m European Value Retail S.a. (di) (BME)
Director name: Hall ,Tiffany
Amount purchased: 70,053 @ 287.20p
Value: £201,192.21
Petra Diamonds Ltd.(di) (PDL)
Director name: Vargas,José Manuel
Amount purchased: 343,139 @ 25.92p
Value: £88,941.63
Blackrock Throgmorton Trust (THRG)
Director name: Will,James
Amount purchased: 10,000 @ 558.16p
Value: £55,816.00
B&m European Value Retail S.a. (di) (BME)
Director name: Tant,Oliver
Amount purchased: 7,500 @ 285.30p
Value: £21,397.50
Staffline Group (STAF)
Director name: Spain,Thomas
Amount purchased: 46,400 @ 31.70p
Value: £14,708.80
Coral Products (CRU)
Director name: Hillman ,Ian
Amount purchased: 162,000 @ 5.40p
Value: £8,748.00
Pinewood Technologies Group (PINE)
Director name: Exler,Dietmar
Amount purchased: 1,500 @ 348.00p
Value: £5,220.00
Gem Resources (GEMR)
Director name: Redmond,Peter
Amount purchased: 500,000 @ 0.49p
Value: £2,450.00
Zoo Digital Group (ZOO)
Director name: Blundell ,Phillip
Amount purchased: 20,000 @ 12.15p
Value: £2,430.00
Gem Resources (GEMR)
Director name: Redmond,Peter
Amount purchased: 500,000 @ 0.48p
Value: £2,400.00
Top Director Sells
Staffline Group (STAF)
Director name: Spain,Thomas
Amount sold: 46,400 @ 31.70p
Value: £14,708.80