Skip Header
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: Landore Resources finance director raises stake

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

Share this article

Related Sharecast Articles

Director dealings: Personal Group CFO makes share sale
(Sharecast News) - Personal Group revealed on Thursday that chief financial officer Sarah Mace had disposed of 3,410 ordinary shares in the AIM-listed workforce benefits and services provider.
Director dealings: Roadside Real Estate chairman's wife snaps up shares
(Sharecast News) - Roadside Real Estate revealed on Wednesday that chairman Charles Dickson's wife, Helen, had acquired 879,678 ordinary shares in the AIM-listed real estate business.
Director dealings: Literacy Capital director makes share purchase
(Sharecast News) - Literacy Capital revealed on Tuesday that director Christopher Sellers had acquired 17,500 ordinary shares in the London-listed investment company.
Director dealings: Primary Health Properties CEO makes share purchase
(Sharecast News) - Primary Health Properties revealed on Monday that chief executive officer Harry Hyman had acquired 74,890 ordinary shares in the FTSE 250-listed real estate investment trust.

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.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.