Europa Oil & Gas Chairman Increases Stake
Why we think this is neutral
This RNS announcement relates to a director share purchase, which is a routine corporate action and does not provide any significant new information about the company's operations or financial performance.
Key Points
- Chairman Bo Kroll has purchased 5,000,000 ordinary shares in Europa Oil & Gas
- The shares were purchased at an average price of 0.648 pence per share
- Following the purchase, Mr Kroll is beneficially interested in a total of 62,951,502 Ordinary Shares, representing approximately 6.563% of the Company's issued share capital
Summary
The chairman of the oil and gas exploration company has purchased additional shares, increasing his stake in the business.
Europa Oil & Gas (Holdings) plc, the AIM quoted UK, West Africa and Ireland focused oil and gas exploration, development and production company, has announced that the Chairman, Bo Kroll, has purchased 5,000,000 ordinary shares in the Company at an average price of 0.648 pence per share.
DIRECTOR DEALINGS