De Grey executive chairman Simon Lill has acquired 5.45 million fully paid shares at a cost of $272,786.
() directors have purchased fully paid ordinary shares in the company through the exercise of entitlement rights.
Change of director’s interests
De Grey executive chairman Simon Lill has acquired 5.45 million fully paid shares at a cost of $272,786 increasing the number of securities held after the change to 12.43 million in indirect interests.
Executive technical director Andy Beckwith acquired 300,000 fully paid shares and non-executive director Peter Hood has acquired 2 million shares.
Major shareholder quadruples holding size
Earlier this month the company’s major shareholder () increased its holding to 100.8 million shares from 25 million shares.
The shareholding is a result of the recent $19.1 million rights issue and means DGO Gold will hold 11.6% of the company.
The rights issue followed a recent $3 million placement taking the total capital to more than $22 million to complete the acquisition of Indee Gold.
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