IN BRIEF: Rainbow Rare Earths non-executive buys over 95,000 shares
Rainbow Rare Earths Ltd - developer of the Phalaborwa rare earths project in South Africa and the Uberaba project in Brazil - Chief Executive Officer George Bennett, through Pipestone Capital Inc, sells 550,000 shares at 20.5 pence for £112,750 in total. Rainbow says this was to settle the subscription price on the exercise of warrants. Non-Executive Director Alex Lowrie buys 95,555 shares at 25p each for £23,889 in total. Both transactions are on Thursday in London.
Current stock price: 23.50 pence, down 3.3% on Friday in London
12-month change: up 49%
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