Anglo Pacific directors attempt to prop up company amid weak mining sector

Anglo Pacific Group’s chief executive and one of its non-executive directors are doing their bit to prop up the company in the face of a weaker mining sector.

Both director Robert Stan and chief executive Julian Treger purchased 25,000 and 10,000 shares respectively.

It comes after the mining royalty company issued a trading update in November, saying that royalty related income for the third quarter was up to £1.9m.

However the company’s share price has been slowly declining since that update as the mining sector comes under pressure.

Shares in Anglo Pacific Group were down 3.75p (6.25%) to 56.25p at 1542 GMT.

Top Director Buys

Anglo Pacific Group (APF)
Director name: Mr Robert Stan
Amount purchased: 25,000 @ 62.00p
Value: £15,500

Atlas Mara Limited (DI) (ATMA)
Director name: Mr Robert E. Diamond
Amount purchased: 2,410 @ $5.60
Value: $13,496

CAP-XX Limited (CPX)
Director name: Mr Patrick Elliot
Amount purchased: 192,678 @ 6.23p
Value: £12,004

CAP-XX Limited (CPX)
Director name: Mr Bruce Ferguson Grey
Amount purchased: 192,678 @ 6.23p
Value: £12,004

Atlas Mara Limited (DI) (ATMA)
Director name: Mr John Vitalo
Amount purchased: 1,930 @ $5.60
Value: $10,808

There were no director sells at the time of publication