Utilico's new director buys in to company
Updated : 16:56
Utilico Emerging Markets’ new director has opened his wallet and bought in to the company.
John Rennocks was appointed to the board as a non-executive director on Monday.
On Wednesday, he backed the company by purchasing 40,000ordinary shares, as well as 40,000 subscription shares.
It came a day after the company announced its net asset value total return per ordinary share for the first half of the year was -12.8%.
Top Director Buys
Utilico Emerging Markets Ltd (DI) (UEM)
Director name: Mr John Rennocks
Amount purchased: 40,000 @ 166.62p
Value: £66,648
Top Director Sells
China Nonferrous Gold Limited (DI) (CNG)
Director name: Mr Abuali Ismatov
Amount sold: 250,000 @ 22.00p
Value: £55,000