Julian Treger, non-executive chairman of AIM-listed BNB Resources, has netted nearly half a million pounds in shares. He received 26,363 shares at 16.5p each in place of a salary – the equivalent of £435,000.

BNB looks to be in better financial shape after completing a deal that saw a team of recruitment heavy-hitters bring cash and expertise to the company.

Roderick MacLeod, Martin Pestalozzi and Pascal Guiessaz have joined from headhunter Apollo, which BNB bought last month. Pestalozzi was formerly chief executive of Swiss-based Adia, which later became Adecco.

The deal will also mean Simon Grinstead, who had been acting as part-time chief executive, will take the reins full-time in May.

The deal was approved at an EGM in mid-March.