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Diamonds & gemstones

Kopane Diamond directors buys shares

Kopane Diamond Developments (AIM: KDD), which only recently announced that it had rebuffed an all cash offer for the company, said that two of its directors had purchased shares in the market. Tim Read, Chairman of Kopane, acquired 500,000

Kopane Diamond Developments (AIM: KDD), which only recently announced that it had rebuffed an all cash offer for the company, said that two of its directors had purchased shares in the market.

Tim Read, Chairman of Kopane, acquired 500,000 shares at 10 pence per share, taking his total interest to 750,000 shares, or 0.44% of the company. Tony Williams, through a company within the Dragon Group, acquired 750,000 shares also at 10 pence per share. Mr. Williams no holds just over 6.8 million shares, or 4.01% of the company.