Directors’ Interests
You have no credits left. To view this article subscribe to Business News.
You have used {{points}} and have {{current_points}} remaining. Your credits will reset on {{reset_date}}.
This article is part of a special report and is available to paid Business News subscribers only.
You can purchase access to this special report or subscribe to Business News.
You can purchase access to this special report or subscribe to Business News.
This article is premium content and is available to paid Business News subscribers only.
Subscribe to Business News.
Subscribe to Business News.
Tuesday, 25 October, 2005 - 22:00
MT Gibson Iron directors Craig Readhead and Ian Macliver have pocketed $158,400 and $165,000 worth of shares respectively through the exercise of company options, acco-rding to Australian Stock Exchange announcements. Mt Gibson is trying to grow from a small Mid West region iron ore producer to one with annual sales worth more than $1 billion. Exco Resources executive director Craig Burton now holds $1.32 million worth of the West Perth-based minerals exploration company, after gaining about $198,000 worth of shares through a rights issue. Exco announced a one for six rights issue to raise $2.66 million, in order to advance the company’s projects in Western Australia, Queensland, South Australia and New South Wales.