Iron Ore Holdings Ltd has disclosed that executive director Derek Ammon was the seller of a $5.9 million parcel of shares bought last month by Seven Network chairman Kerry Stokes. Mr Ammon decreased his direct and indirect interest in the company through the off-market sale of 14,819,500 shares worth a total of $5.9 million. He now holds 20 million shares valued at $14.5 million. Deep Yellow Ltd non executive director Mervyn Greene has increased his direct and indirect interest in the company through the take up of an entitlement offer of 5.7 million shares valued at $2.8 million. He now holds 74 million shares worth $33 million. Executive chairman Leon Pretorius took up 5 million shares through an entitlement offer worth $2.5 million. He now holds 65 million shares valued at $28 million. Non executive director Gillian Swaby took up 3.3 million shares in an entitlement offer valued at $1.6 million. She now owns 43 million shares worth $19 million. Executive director Martin Kavanagh increase his interest through an entitlement issue of 37,500 shares worth $18,750. He now owns 487,000 shares worth $216,938.