(Sharecast News) - First Tin revealed on Tuesday that chairman Charles Brookes had acquired 360,000 ordinary shares in the tin development company.

Brookes, who snapped up the shares via his 50% interest in Arlington Group Asset Management, purchased the shares on Monday at an average price of 5.0p each, for a total value of £18,000.

Following the transaction, Brookes holds a beneficial interest in 34.07m ordinary First Tin shares, representing approximately 10.7% of the company's issued share capital.

As of 1600 BST, First Tin shares were up 1.54% at 5.28p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Oakley Capital Investments Ltd. (di) (OCI)

Director name: Beck,Fiona

Amount purchased: 10,000 @ 509.00p

Value: £50,900.00

First Tin (1SN)

Director name: Brookes,Charles Cannon

Amount purchased: 360,000 @ 5.00p

Value: £18,000.00

Top Director Sells