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NEUTRAL

Reabold Resources Directors Increase Shareholdings

Why we think this is neutral

This RNS announcement is regarding director dealings, which does not fall under the mandatory news types that require detailed analysis. The directors have increased their shareholdings in the company, which is a neutral update for investors.

Key Points

  • Co-CEOs Sachin Oza and Stephen Williams have purchased additional shares in Reabold Resources
  • Sachin Oza purchased 79,000,000 shares at 0.0625 pence per share
  • Stephen Williams purchased 90,906,363 shares at 0.055 pence per share

Summary

The oil and gas company's directors have purchased additional shares in the business.

Reabold Resources plc has announced that its Co-Chief Executive Officers, Sachin Oza and Stephen Williams, have purchased additional ordinary shares in the company. Sachin Oza purchased 79,000,000 shares at 0.0625 pence per share, while Stephen Williams purchased 90,906,363 shares at 0.055 pence per share.

DIRECTOR DEALINGS