Predictive Discovery Ltd (ASX:PDI) managing director Paul Roberts has purchased 600,000 shares in the company through on-market trades.
The purchase increases his total shareholding in the company to 4.43 million shares.
READ: Predictive Discovery has new major shareholder in Capital Drilling
Last Friday, Capital Drilling Ltd (LON:CAPD) emerged with a 14.72% interest in Predictive.
The substantial interest notice was expected and was the result of Capital Drilling cornerstoning the recent capital raising.
Capital Drilling is an investor and partner with a number of early-stage exploration companies and provides ongoing support to assist the management teams in their exploration activities.