Director dealings: Obtala chairman ups stake

5th Sep 2018 14:57

(Sharecast News) - Obtala's chairman Miles Pelham purchased 5m ordinary shares in the Africa-focused agricultural and forestry company.The Hong Kong-based Pelham, who Obtala appointed to the role of chairman in April 2016, acquired the shares at an average price of 5p each, for a total value of £250,000.Back in January, Obtala announced details of an acquisition, new expansion capital and a fundraising on Tuesday, reporting that the subscription would raise £4.5m before expenses at a price of 12.5p per new ordinary share.The AIM-traded company said it intended that the proceeds of the subscription would be used to fund a proposed acquisition and the expansion of its existing forestry business.As of 1500 BST, Obtala shares had climbed 8.59% to 6.95p.Top Director BuysObtala Limited (OBT)Director name: Pelham,Miles CAmount purchased: 5,000,000 @ 5.00pValue: £250,000.00Worldwide Healthcare Trust (WWH)Director name: Borho,SvenAmount purchased: 7,000 @ 2,900.00pValue: £203,000.00Bt Group (BT.A)Director name: Wilcox,Alison Amount purchased: 53,728 @ 222.00pValue: £119,276.16Essentra (ESNT)Director name: Forman,PaulAmount purchased: 20,000 @ 441.00pValue: £88,200.00Glenveagh Properties (GLV)Director name: Bickle ,Justin Amount purchased: 50,000 @ 106.70pValue: £57,724.70Staffline Group (STAF)Director name: Pullen,ChrisAmount purchased: 2,000 @ 1,240.00pValue: £24,800.00Capital Gearing Trust (CGT)Director name: Meek,Edwin GrahamAmount purchased: 7 @ 4,046.00pValue: £283.22Centrica (CNA)Director name: Conn,Iain CAmount purchased: 103 @ 145.85pValue: £150.23Centrica (CNA)Director name: Hodges,MarkAmount purchased: 103 @ 145.85pValue: £150.23Centrica (CNA)Director name: Hanafin,MarkAmount purchased: 103 @ 145.85pValue: £150.23Rps Group (RPS)Director name: Young,GaryAmount purchased: 51 @ 242.50pValue: £123.67Top Director Sells