JKX Oil & Gas rallied hard Thursday, helped by news that boss Paul Davies has splashed out more than £68,000 on new shares.
Davies, who joined the board in January 1998, bought 50,000 at 136.7p each, taking his stake to 3.64m shares, or 2.3% of the business.
John Ogren, a non-executive director at John Wood Group, has also been in the buying mood, snapping up 25,000 shares in the oilfield services company.
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The purchase, worth almost £44,000, sees Ogren's holding increase to 80,000 shares.
Top Director Buys
Africa Opportunity Fund (AOF)
Director name: Mr Robert C Knapp
Amount purchased: 3,530,000 @ $0.50
Value: $1,765,000
Coal of Africa Limited (CZA)
Director name: Mr Simon Farrell
Amount purchased: 250,000 @ 32.81p
Value: £82,025
Africa Opportunity Fund (AOF)
Director name: Mr Francis Daniels
Amount purchased: 350,000 @ $0.50
Value: $175,000
Banco Santander SA (BNC)
Director name: Mr Manuel Soto Serrano
Amount purchased: 14,000 @ 557.07p
Value: £77,988
Banco Santander SA (BNC)
Director name: Mr Manuel Soto Serrano
Amount purchased: 13,690 @ 529.09p
Value: £72,432
John Wood Group (WG.)
Director name: Dr John Ogren
Amount purchased: 25,000 @ 174.91p
Value: £43,728
JKX Oil & Gas (JKX)
Director name: Dr Dr Paul Davies
Amount purchased: 50,000 @ 136.70p
Value: £68,350
Banco Santander SA (BNC)
Director name: Mr Manuel Soto Serrano
Amount purchased: 7,400 @ 542.68p
Value: £40,158
Conister Financial Group (CFG)
Director name: Mr James (Jim) Mellon
Amount purchased: 500,000 @ 10.00p
Value: £50,000
Banco Santander SA (BNC)
Director name: Ms Isabel Tocino Biscarolasaga
Amount purchased: 5,500 @ 574.41p
Value: £31,593
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