GeoPark non-exec invests £5.5m
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Non-executive director Juan Pavez has invested £5.5m in GeoPark shares.
Pavez bought 963,000 shares at 570p each. That takes his shareholding in the Latin America-focused oil and gas explorer to 2.03m shares, or 4.87% of the company.
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GeoPark has interests in blocks in Argentina and Chile and it is investing $50m-$60m on exploration and infrastructure this year. The GeoPark share price has risen by 135% over the past year.
Earlier this month, GeoPark reported the successful testing of two wells in Chile at Cerro Iturbe 1 and Tetera 4. These are a new gas discovery and a new oil producer respectively.
Top Director Buys
Geopark (GPK) Director name: Mr Juan Cristobal PavezAmount purchased: 963,000 @ 570.00p Value: £5,489,100
Cyan (CYAN) Director name: Mr Simon Smith Amount purchased: 3,000,000 @ 0.75p Value: £22,500
Cyan (CYAN) Director name: Mr Simon Smith Amount purchased: 3,000,000 @ 0.75p Value: £22,500
Cyan (CYAN) Director name: Mr Simon Smith Amount purchased: 3,000,000 @ 0.75p Value: £22,500
Avon Rubber (AVON) Director name: Rt Hon Sir Richard NeedhamAmount purchased: 13,700 @ 114.50p Value: £15,686
PLUS Markets Group (PMK) Director name: Mr Stephen AllcockAmount purchased: 1,000,000 @ 1.55p Value: £15,500
Top Director Sells
Electrocomponents (ECM) Director name: Mr Ian MasonAmount sold: 24,096 @ 229.00p Value: £55,180
Electrocomponents (ECM) Director name: Mr Simon BoddieAmount sold: 12,049 @ 229.00p Value: £27,592
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