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DIRECTOR'S DEALS: Josef El-Raghy, 46, Chairman, Centamin, nets £18.1m as share price recovers

June 14, 2017 8:50 PM
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The chairman of Centamin has netted £18.1million by cashing in on a recovery in the global mining firm’s share price.

Josef El-Raghy sold around 10.4million shares in the Jersey-based company at an average of 175.1p.

Alongside his family, El-Raghy still owns 10.5m shares, equivalent to a 0.9 per cent stake.

In March, the 46-year-old sold £8.7million worth of shares and £5.6million in June last year.

The firm’s shares fell 28 per cent last month but have since recovered. They rose 0.9 per cent, or 1.6p, to 172.8p.

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Source: dailymail.co.uk

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