LONDON (ShareCast) - Coal mine developer GCM Resources’ non-executive chairman Gerard Holden has bought nearly £45,000 worth of shares in the company.

He took 50,000 at 89p a time. The shares closed at 92p going into the weekend.

GCM is hoping to develop the Phulbari Coal project in Bangladesh, pending approval from the South Asian country’s government.

Directors at the firm are to be given shares if certain milestones are achieved, including approval for the project. Holden is to receive 100,000.

Top Director Buys

Symphony International Holdings (SIHL)
Director name: Mr Pierangelo Bottinelli
Amount purchased: 275,000 @ $0.47
Value: $129,250

Frontera Resources Corporation (FRR)
Director name: Mr Stephen E McGregor
Amount purchased: 560,925 @ 11.00p
Value: £61,702

Frontera Resources Corporation (FRR)
Director name: Mr Andrew J Szescila
Amount purchased: 560,925 @ 11.00p
Value: £61,702

Frontera Resources Corporation (FRR)
Director name: Mr Luis Giusti
Amount purchased: 560,925 @ 11.00p
Value: £61,702

Frontera Resources Corporation (FRR)
Director name: Mr Spyros N Karnessis
Amount purchased: 560,925 @ 11.00p
Value: £61,702

Frontera Resources Corporation (FRR)
Director name: Mr Lan Bentsen
Amount purchased: 420,694 @ 11.00p
Value: £46,276

GCM Resources (GCM)
Director name: Mr Gerard Holden
Amount purchased: 50,000 @ 89.00p
Value: £44,500

Fortune Oil (FTO)
Director name: Mr Frank Attwood
Amount purchased: 278,437 @ 8.00p
Value: £22,275

S & U (SUS)
Director name: Mr Mark Hepplewhite
Amount purchased: 3,000 @ 480.00p
Value: £14,400


Top Director Sells

Serco Group (SRP)
Director name: Mr Kevin S Beeston
Amount sold: 506,112 @ 503.30p
Value: £2,547,262

Finsbury Worldwide Pharmaceutical Trust (FWP)
Director name: Mr Samuel D Isaly
Amount sold: 50,000 @ 582.00p
Value: £291,000

Banco Santander SA (BNC)
Director name: Mr Manuel Soto Serrano
Amount sold: 25,000 @ 1,009.45p
Value: £252,362

Banco Santander SA (BNC)
Director name: Mr Manuel Soto Serrano
Amount sold: 12,637 @ 1,000.28p
Value: £126,405

Banco Santander SA (BNC)
Director name: Mr Manuel Soto Serrano
Amount sold: 12,363 @ 1,000.28p
Value: £123,665

Mattioli Woods (MTW)
Director name: Mr Murray Beveridge Smith
Amount sold: 60,000 @ 205.00p
Value: £123,000

Henry Boot (BHY)
Director name: Mr Douglas Greaves
Amount sold: 50,000 @ 94.50p
Value: £47,250

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