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(Sharecast News) - Caledonia Mining and Savannah Energy were among the listed companies that disclosed director share purchases on Monday.
In its disclosure, Caledonia Mining said Victor Gapare, an executive director and settlor of a discretionary trust controlling its largest shareholder Toziyana Resources, acquired 12,449 common shares in the company at an average price of $14.47 per share on 15 May.
The transaction, conducted via the NYSE American, increased Gapare's indirect interest in Caledonia to 12.56% of the issued share capital.
Meanwhile, Savannah Energy confirmed that chief executive officer Andrew Knott purchased 1,540,000 ordinary shares at about 6.5p per share, following a limit order placed in early April.
The purchase raised Knott's stake to 145.8 million shares, representing 9.05% of voting rights.
He also intended to acquire a further 25.6 million subscription shares by September, which would take his total holding to over 10.6%.
At the close on Monday, shares in Caledonia Mining Corporation were up 10.57% at 1,255p, while those in Savannah energy were down 2.29% at 6.4p.
Reporting by Josh White for Sharecast.com.
Top Director Buys
Caledonia Mining Corporation (di) (CMCL)
Director name: Gapare,Victor
Amount purchased: 12,449 @ $14.47
Value: $148,542.12
Savannah Energy (SAVE)
Director name: Knott ,Andrew
Amount purchased: 1,540,000 @ 6.48p
Value: 99,838.20
Mobico Group (MCG)
Director name: White,Phil
Amount purchased: 330,000 @ 28.74p
Value: 94,832.10
Corcel (CRCL)
Director name: Geraldo,Geraldine
Amount purchased: 25,000,000 @ 0.30p
Value: 75,000.00
Corcel (CRCL)
Director name: Kabra,Pradeep
Amount purchased: 10,000,000 @ 0.30p
Value: 30,000.00
Corcel (CRCL)
Director name: Gilbert,Scott
Amount purchased: 10,000,000 @ 0.30p
Value: 30,000.00
Haleon (HLN)
Director name: Bergin,Blathnaid
Amount purchased: 6,145 @ 404.27p
Value: 24,842.39
Cropper (james) (CRPR)
Director name: Yeung ,Jon
Amount purchased: 6,250 @ 198.00p
Value: 12,375.00
Funding Circle Holdings (FCH)
Director name: Jacobs,Lisa
Amount purchased: 1,540 @ 116.90p
Value: 1,800.26
Itm Power (ITM)
Director name: Schulz,Dennis
Amount purchased: 340 @ 44.14p
Value: 150.07
Itm Power (ITM)
Director name: Bourne,Simon
Amount purchased: 340 @ 44.14p
Value: 150.07
Mony Group (MONY)
Director name: Duffy,Peter
Amount purchased: 73 @ 204.70p
Value: 149.43