Earl sells Strategic Natural Resources stake

15th Jul 2010 16:39

Non-executive director Peter Earl has sold his entire shareholding in South African coal miner Strategic Natural Resources. Earl has sold 4,435,000 shares in the AIM-quoted company at 11p each, which has raised £488,000. This is the third in a series of stake disposals by Earl, which are described as relating to a family settlement. He has sold his stakes in South American power generator Rurelec and South Africa-focused power company IPSA, which intends to take coal from SNR for a new power station. Top Director BuysAll Leisure Group (ALLG) Director name: Mr Roger AllardAmount purchased: 708,221 @ 42.00p Value: £297,453Witan Inv Trust (WTAN) Director name: Ms Catherine ClaydonAmount purchased: 11,536 @ 431.12p Value: £49,734All Leisure Group (ALLG) Director name: Mr Rob BryantAmount purchased: 43,965 @ 42.00p Value: £18,465Digital Marketing (DIGI) Director name: Mr Keith SadlerAmount purchased: 50,000 @ 26.00p Value: £13,000All Leisure Group (ALLG) Director name: Mr Guy MarchantAmount purchased: 25,000 @ 42.00p Value: £10,500Top Director SellsStrategic Natural Resources (SNRP) Director name: Mr Peter Richard Stephen EarlAmount sold: 4,435,000 @ 11.00p Value: £487,850