17.07.2006 15:25
Peter Hambro, Maslovskiy buy further 20 mln Aricom shares at 45p/shr
LONDON (AFX) - Aricom PLC said directors Peter Hambro and Pavel Maslovskiy bought a further 20 mln shares in the company at 45 pence apiece.
The share deal will raise Hambro's stake in Aricom to 6.89 pct from 4.69 pct, and Maslovskiy to 11.5 pct from 9.35 pct.
AIM-listed Aricom, the iron ore and titanium miner that operates in Russia, was spun off from gold miner Peter Hambro Mining PLC (Nachrichten) .
Aricom shares are currently trading at around 44 pence, up 24 pct.
