Glencore director puts money back on the table

2nd Oct 2015 16:38

(ShareCast News) - Glencore director William Macaulay has reinvested in the company as it continues its slow rebound.The non-executive director personally purchased 1.7m shares on Thursday at a price of 90.91p per share and cost him a total of nearly £1.55m. He's the latest in the long line of directors to front up cash to vouch for the mining company.However it's only a fraction of the £118m of shares that FR Galaxy Holdings, of which Macaulay is a connected person, sold up in May and June.Derwent London chief executive John Burns and executive director Simon Silver also took home a nice top up in time for the weekend, as they cashed in 43,746 and 30,000 shares respectively.The company has seen steady growth in the share price over the last twelve months, and the pair took nearly £1.6m and £1.1m each to the bank.Top Director BuysGlencore (GLEN)Director name: Mr William MacaulayAmount purchased: 1,700,000 @ 90.91pValue: £1,545,470 Camper & Nicholsons Marina Investments Ltd. (CNMI)Director name: Mr Christopher LewintonAmount purchased: 680,000 @ 6.50pValue: £44,200 Phaunos Timber Fund Ltd. (PTF)Director name: Mr William VanderfeltAmount purchased: 75,000 @ $0.34Value: $25,125 Strat Aero (AERO)Director name: Mr Tony DunleavyAmount purchased: 200,000 @ 5.75pValue: £11,500 Top Director SellsJardine Matheson Holdings Ltd (Singapore Reg) (JAR)Director name: Mr Simon L KeswickAmount sold: 50,000 @ $47.05Value: $2,352,435 Derwent London (DLN)Director name: Mr John David BurnsAmount sold: 43,746 @ 3,646.50pValue: £1,595,198 Derwent London (DLN)Director name: Mr Simon P SilverAmount sold: 30,000 @ 3,646.50pValue: £1,093,950 Mandarin Oriental International (Singapore) (MDO)Director name: Mr Michael HobsonAmount sold: 120,100 @ $1.53Value: $183,981 Mandarin Oriental International (Singapore) (MDO)Director name: Mr Michael HobsonAmount sold: 25,246 @ $1.52Value: $38,366 Churchill China (CHH)Director name: Mr Andrew David RoperAmount sold: 5,000 @ 665.00pValue: £33,250