Sunda Energy Director Increases Stake
Why we think this is neutral
This RNS announcement is regarding a director's purchase of shares in Sunda Energy Plc. While director dealings can provide some insight into management's views on the company's prospects, this type of news does not directly impact the company's financial performance or operations. Therefore, the overall sentiment is neutral.
Key Points
- Independent Non-Executive Director John Chessher has purchased 3,773,585 ordinary shares in Sunda Energy Plc
- Chessher's total beneficial shareholding is now 9,773,585 ordinary shares, representing 0.03% of the company's voting rights
Summary
The independent non-executive director of the oil and gas exploration company has acquired additional shares.
Sunda Energy Plc (AIM: SNDA) has announced that John Chessher, an Independent Non-Executive Director, has purchased 3,773,585 ordinary shares in the company at a price of 0.0265 pence per share. This increases Chessher's total beneficial shareholding to 9,773,585 ordinary shares, representing approximately 0.03% of the company's current voting rights.
DIRECTOR DEALINGS