Cadogan bosses buy shares
A round-up of the biggest director deals today so far.
Chief executive Ian Baron and finance boss Gordon Stein have been upping their stakes in oil and gas group Cadogan Petroleum.
Baron took 150,000 shares at 42.25p a time, paying a total of £63,375, and now has 650,000. Stein took 68,685 shares at 43p a pop, taking his holding to 193,685.
Cadogan said earlier this month that good progress has been made in plans to sell large stakes in its East Ukrainian operations. In April the firm announced plans to sell a 60% interest in its Zagoryanska field and an initial 30% interest in the Pokrovskoe field to Italian energy company Eni SpA.
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
Top Director BuysCadogan Petroleum (CAD) Director name: Mr Ian BaronAmount purchased: 150,000 @ 42.25p Value: £63,375
Zenergy Power (ZEN) Director name: Mr Simon CleaverAmount purchased: 331,336 @ 15.00p Value: £49,700
Symphony International Holdings Ltd. (SIHL) Director name: Mr Anil ThadaniAmount purchased: 50,000 @ $0.78 Value: $39,000
Cadogan Petroleum (CAD) Director name: Mr Gordon Bowman SteinAmount purchased: 68,685 @ 43.00p Value: £29,535
China Food Co (CFC) Director name: Mr John McLeanAmount purchased: 50,000 @ 49.00p Value: £24,500
Top Director SellsITE Group (ITE) Director name: Mr Edward StrachanAmount sold: 1,500,000 @ 240.74p Value: £3,611,100
Ladbrokes (LAD) Director name: Mr Brian G WallaceAmount sold: 37,979 @ 149.90p Value: £56,931
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.
-
Energy bills to rise by 1.2% in January 2025
Energy bills are set to rise 1.2% in the New Year when the latest energy price cap comes into play, Ofgem has confirmed
By Dan McEvoy Published
-
Should you invest in Trainline?
Ticket seller Trainline offers a useful service – and good prospects for investors
By Dr Matthew Partridge Published