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Director dealings: Petra Diamonds chairman raises stake

Thu 27 Feb 2025 15:30

(Sharecast News) - Petra Diamonds revealed on Thursday that non-executive chairman José Manuel Vargas had acquired 343,139 ordinary shares in the London-listed miner. 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

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