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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: First Tin chairman raises stake

(Sharecast News) - First Tin revealed on Tuesday that chairman Charles Brookes had acquired 360,000 ordinary shares in the tin development company. Brookes, who snapped up the shares via his 50% interest in Arlington Group Asset Management, purchased the shares on Monday at an average price of 5.0p each, for a total value of £18,000.

Following the transaction, Brookes holds a beneficial interest in 34.07m ordinary First Tin shares, representing approximately 10.7% of the company's issued share capital.

As of 1600 BST, First Tin shares were up 1.54% at 5.28p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Oakley Capital Investments Ltd. (di) (OCI) Director name: Beck,Fiona Amount purchased: 10,000 @ 509.00p Value: £50,900.00

First Tin (1SN) Director name: Brookes,Charles Cannon Amount purchased: 360,000 @ 5.00p Value: £18,000.00

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.