DIRECTOR DEALINGS: Metals X ups stake in First Tin, Camelot in Asos

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and Wednesday and not separately reported by Alliance News:

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First Tin PLC - tin projects in Germany and Australia - Perth, Australia-based Metals X Ltd buys 61.7 million First Tin shares at 6.00 pence each, worth £3.7 million, as part of First Tin’s £8 million share placing launched at the end of last month. This increases its holding in First Tin to 135.2 million shares, a 29.9% stake as of Tuesday, up from 23.1%. Metals X directors Brett Smith and Peter Gunzburg also are First Tin non-executive directors. First Tin Non-Executive Chair Charles Cannon-Brookes takes part in the placing on behalf of Arlington Group Asset Management Ltd, buying 10.2 million shares, worth £612,610. Arlington now has 45.2 million First Tin shares, a 10% stake. Cannon-Brookes owns 50% of Arlington. CEO Bill Scotting also takes part, buying 333,333 shares. He now has 1.8 million shares, a 0.4% stake.

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Asos PLC - London-based online-only fashion retailer - Camelot Capital Partners LLC buys 381,673 shares at £3.61, worth £1.4 million, on Monday and a further 121,000 shares at £3.64, worth £440,266, on Tuesday. Camelot now holds 18.2 million Asos shares, just above a 15% stake. William Barker, the founder & chief executive officer of Camelot, is on the Asos board as a non-independent non-executive director, joining in September last year.

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TBC Bank Group PLC - Tbilisi-based lender in Georgia and Uzbekistan - Nino Masurashvili, deputy CEO of JSC TBC Bank, sells 4,894 shares at average £32.50, worth £159,067, on Wednesday.

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Qinetiq Group PLC - Farnborough, Hampshire-based defence technology - Chief Financial Officer Martin Cooper buys 21,042 shares at £4.26 on Friday and 2,317 at £4.29 on Monday, together worth £99,492.

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BP PLC - London-based oil major - Non-Executive Director Satish Pai buys 2,000 American depositary shares at $28.89 and $28.90, worth $57,784, on Thursday last week. Each ADS represents six ordinary shares.

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