Street Calls of the Week
LONDON - Directors and management of Critical Mineral Resources PLC (LSE:CMR) have acquired 2,668,617 ordinary shares in the company through on-market purchases, according to a statement released Friday.
The purchases, which included 1,866,170 shares acquired by persons discharging managerial responsibilities (PDMRs), follow the company’s recent Agadir Melloul sedimentary copper announcement.
CEO Charles Long purchased 354,000 shares at 4.20 pence per share on August 27, while Chairman Dominic Traynor acquired 490,476 shares at 4.08 pence on the same day.
Company Accountant Louise Adrian bought 911,050 shares at 3.84 pence between August 27-28, and Director Russell Tucker purchased 110,644 shares at 3.59 pence on August 29.
The company noted that a mandatory 30-day closed period ahead of financial results begins tomorrow, after which Critical Mineral Resources will publish its interim financial results.
The transactions were executed on the London Stock Exchange, as detailed in the regulatory filing. The company’s shares trade under the identification code GB00BMDQ4L78.
Based on the press release statement, these purchases represent significant investments by the company’s leadership following their recent copper project announcement, occurring just before the pre-results quiet period.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.