LONDON (ShareCast) - (ShareCast News) - The purchase of some Zambeef shares by director Graham Clark helped lift the shares in the Zambian food producer back to near a two-year high.
Non-executive director Clark, a 30-year veteran of the food and agriculture sector in sub-Saharan Africa who was appointed in March, bought his first 1m shares at a price of 15.19p each.

The purchase on Wednesday, which sent the shares back up to 16.1p on Thursday, follows the $65m fundraising last month, where Zambeef issued new ordinary shares and convertible redeemable preference shares to CDC Group, the UK's government's wholly owned development finance institution focused on investing in sub-Saharan Africa and South Asia.

Zambeef was therefore able to purchase remaining equity stakes in both Zamhatch and Zam Chick, refinance a significant amount of debt and provide extra working capital to accelerate the roll out of a new outlet store.



Top Director Buys

Zambeef Products (ZAM)
Director name: Clark,Graham
Amount purchased: 1,000,000 @ 15.19p
Value: £151,899.99

Plastics Capital (PLA)
Director name: Butler-Wheelhouse,Keith O
Amount purchased: 50,000 @ 111.25p
Value: £55,625.00

Trakm8 Holdings (TRAK)
Director name: Duffy,William Kenneth (Bill)
Amount purchased: 20,000 @ 200.00p
Value: £40,000.00

European Wealth Group Limited (EWG)
Director name: Morton,John
Amount purchased: 67,500 @ 52.00p
Value: £35,100.00

Rotala (ROL)
Director name: Gunn,John
Amount purchased: 37,000 @ 65.06p
Value: £24,072.20

Rotala (ROL)
Director name: Gunn,John
Amount purchased: 25,380 @ 65.06p
Value: £16,512.23

Shawbrook Group (SHAW)
Director name: Ashton,Robin J
Amount purchased: 6,359 @ 235.58p
Value: £14,980.53

Shawbrook Group (SHAW)
Director name: Ashton,Robin J
Amount purchased: 6,356 @ 235.68p
Value: £14,979.82

Christie Group (CTG)
Director name: Rugg,David
Amount purchased: 15,000 @ 90.00p
Value: £13,500.00

Helical (HLCL)
Director name: Murphy,Tim
Amount purchased: 477 @ 281.75p
Value: £1,343.95

Helical (HLCL)
Director name: Walker,Duncan
Amount purchased: 477 @ 281.75p
Value: £1,343.95

Helical (HLCL)
Director name: Kaye,Gerald A
Amount purchased: 477 @ 281.75p
Value: £1,343.95

Helical (HLCL)
Director name: Bonning-Snook,Matthew
Amount purchased: 477 @ 281.75p
Value: £1,343.95

Schroders (SDR)
Director name: Keers,Richard
Amount purchased: 10 @ 2,663.00p
Value: £266.30

Schroders (SDR)
Director name: Harrison ,Peter
Amount purchased: 10 @ 2,663.00p
Value: £266.30

Vodafone Group (VOD)
Director name: Schellekens,Ronald
Amount purchased: 114 @ 221.05p
Value: £252.00

Schroders (SDR)
Director name: Tosato,Massimo
Amount purchased: 8 @ 2,663.00p
Value: £213.04

Zotefoams (ZTF)
Director name: Stirling,David
Amount purchased: 57 @ 261.25p
Value: £148.91

Emis Group (EMIS)
Director name: Spencer,Chris
Amount purchased: 15 @ 978.00p
Value: £146.70

Emis Group (EMIS)
Director name: Southby,Peter
Amount purchased: 15 @ 978.00p
Value: £146.70

Jardine Lloyd Thompson Group (JLT)
Director name: Reynolds,Mike
Amount purchased: 14 @ 973.00p
Value: £136.22

Jardine Lloyd Thompson Group (JLT)
Director name: Burke,Dominic James
Amount purchased: 14 @ 973.00p
Value: £136.22

Imi (IMI)
Director name: Shook ,Daniel
Amount purchased: 12 @ 1,077.00p
Value: £129.24

Imi (IMI)
Director name: Selway,Mark W
Amount purchased: 12 @ 1,077.00p
Value: £129.24

Imi (IMI)
Director name: Twite,Roy
Amount purchased: 12 @ 1,077.00p
Value: £129.24

General Electric Co (GEC)
Director name: Comstock,Elizabeth J
Amount purchased: 5,400 @ n/a
Value: n/a

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