EnQuest chief raises stake
A round-up of the biggest director buys today so far.
Amjad Bseisu, the chief executive of FTSE 250 oil firm EnQuest, has increased his stake in the group after purchasing 678,168 ordinary shares today.
Through Double A Limited, a discretionary trust in which Bseisu's extended family have a "beneficial interest", the director purchased the said shares at 88.74p per share in a transaction worth £601,806.
The purchase has raised the trust's stake in EnQuest from 7.27% to 7.36% and taken the total number of shares under its ownership to 59,051,755.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The Bseisu family also have a beneficial interest in another trust, Alima Trust, which owns a 1.15% interest in the firm.
EnQuest is an independent oil and gas developer and explorer with a focus on the UK Continental Shelf in the North Sea, an area which it says represents a "significant hydrocarbon basin in a low risk region".
BC
Top Director Buys
EnQuest (ENQ)
Director name: Mr Amjad Bseisu
Amount purchased: 678,168 @ 88.74p
Value: £601,806
Standard Life Equity Income Trust (SLET)
Director name: Mr Richard Burns
Amount purchased: 30,000 @ 250.00p
Value: £75,000
IndigoVision Group (IND)
Director name: Mr Hamish M Grossart
Amount purchased: 22,750 @ 257.50p
Value: £58,581
Personal Assets Trust (PNL)
Director name: Mr Martin Sharp
Amount purchased: 90 @ 33,180.00p
Value: £29,862
TT Electronics (TTG)
Director name: Mr Shatish D. Dasani
Amount purchased: 20,000 @ 124.68p
Value: £24,936
JD Sports Fashion (JD.)
Director name: Mr Colin R H Archer
Amount purchased: 3,500 @ 600.00p
Value: £21,000
William Hill (WMH)
Director name: Mr David Edmonds
Amount purchased: 10,000 @ 186.51p
Value: £18,651
Aminex (AEX)
Director name: Mr Keith Phair
Amount purchased: 500,000 @ 3.07p
Value: £15,350
BowLeven (BLVN)
Director name: Mr John Brown
Amount purchased: 20,000 @ 65.95p
Value: £13,190
MS International (MSI)
Director name: Mr Michael J Bell
Amount purchased: 5,000 @ 257.00p
Value: £12,850
Top Director Sells
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Christmas at Chatsworth: review of The Cavendish Hotel at Baslow
MoneyWeek Travel Matthew Partridge gets into the festive spirit at The Cavendish Hotel at Baslow and the Christmas market at Chatsworth
By Dr Matthew Partridge Published
-
Tycoon Truong My Lan on death row over world’s biggest bank fraud
Property tycoon Truong My Lan has been found guilty of a corruption scandal that dwarfs Malaysia’s 1MDB fraud and Sam Bankman-Fried’s crypto scam
By Jane Lewis Published