LONDON (ShareCast) - Six directors at AIM-listed mining company Shanta Gold on Monday purchased shares in the company following its full year results.

Non-executive Director Jonathan Leslie made the biggest purchase, buying 560,000 shares at a price of 17.75p each, taking his stake to 13.14m, equal to 2.85% of the issued share capital.

For the same price, fellow non-executive Director Luke Leslie acquired 280,000 shares, Chief Executive Officer Mike Houston bought 84,507, and non-executive Director Nick Davis added 54,950. A further 39,436 were purchased by Financial Director Edward Johnstone.

The group's full year results were less than dazzling, with losses widening to $14.7m (2011: $12.3m) on the back of rising admin and finance expenses during a "transitional" year.

However, the group said 2013 was off to a positive start from both a corporate and an operational perspective.


Top Director Buys

Shanta Gold Ltd. (SHG)
Director name: Mr Jonathan Leslie
Amount purchased: 560,000 @ 17.75p
Value: £99,400

Shanta Gold Ltd. (SHG)
Director name: Mr Luke Leslie
Amount purchased: 280,000 @ 17.75p
Value: £49,700

Ophir Energy (OPHR)
Director name: Mr Ronald Blakely
Amount purchased: 9,600 @ 424.10p
Value: £40,714

Shanta Gold Ltd. (SHG)
Director name: Mr Mike Houston
Amount purchased: 84,507 @ 17.75p
Value: £15,000

Stratex International (STI)
Director name: Mr Bob Foster
Amount purchased: 275,000 @ 4.74p
Value: £13,035

Jupiter Second Split Trust Geared Gwth Shares (JSS)
Director name: Mr Harry Hill
Amount purchased: 39,000 @ 29.50p
Value: £11,505

NR

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