04/02/2009 - 22:00

Directors’ Interests

04/02/2009 - 22:00

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Brockman Resources managing director Wayne Richards has exercised $500,000 worth of options at nearly half the company’s share price. Mr Richards exercised 1 million options at a price of 50 cents apiece and well before the July 2012 expiry date. Following the exercise, Mr Richards holds 3 million options and 1 million ordinary shares. Managing director Michael Coote has sold over $4 million of Coote Industrial shares to a family trust. Mr Coote also bought a further $12,000 worth of shares through an on market purchase. He now holds just under a third of the company’s total issued capital.

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