Director dealings: Kaz Minerals CEO exercises nil-cost options, offloads 242,098 shares

The Kazakhstan-focussed company's chief executive exercised options over 705,419 nil-cost options awarded as part of its deferred share bonus plan and its long-term incentive plan.

Southam, who has been at Kaz's helm since May 2013, then sold a portion of the shares at an average price of 664.53p each, for a total value of £1.60m.

In February, Kaz Minerals reported a rise in annual profits thanks to increased revenues driven by higher copper production from the FTSE 250 listed company's portfolio of low-cost open-pit mines.

As of 1620 Kaz shares had slipped 0.46% to 659p.

Top Director Buys

FIH Group (FIH)

Director name: Mr Robert J (Bob) Johnston

Amount purchased: 37,500 @ 280.00p

Value: £105,000

Metro Bank (MTRO)

Director name: Mr Craig Donaldson

Amount purchased: 11,100 @ 903.23p

Value: £100,259

JPMorgan Mid Cap Inv Trust (JMF)

Director name: Mr Michael Hughes

Amount purchased: 4,500 @ 1,051.80p

Value: £47,331

Hochschild Mining (HOC)

Director name: Mr Sanjay Sarma

Amount purchased: 15,000 @ 196.19p

Value: £29,428

Bank of Ireland Group (BIRG)

Director name: Ms Evelyn Bourke

Amount purchased: 4,100 @ 5.56

Value: 22,783

Top Director Sells

Kaz Minerals (KAZ)

Director name: Mr Andrew Southam

Amount sold: 242,098 @ 664.53p

Value: £1,608,814

Jupiter Fund Management (JUP)

Director name: Mr Charlotte Jones

Amount sold: 23,387 @ 361.00p

Value: £84,427

Jupiter Fund Management (JUP)

Director name: Mr Charlotte Jones

Amount sold: 19,202 @ 361.00p

Value: £69,319