7th Nov 2013 16:31
LONDON (Alliance News) - Afren PLC Thursday said Associate Director Galib Virani acquired 870,000 shares which were then sold at a price of GBP1.53 each last Friday.
Virani was also awarded 225,872 shares under the company's performance share plan and subsequently sold 106,533 shares at GBP1.53 each last Friday.
Following the transactions, Virani holds 983,478 shares, which represents 0.09% of the issued share capital.
The company also said Associate Director Iain Wright was vested 245,407 shares under the company's performance share plan. He subsequently sold 115,747 shares at GBP1.53 each last Friday. Following the transaction, Wright holds 1 million shares, which represents 0.10% of the issued share capital.
Shares in the oil and gas exploration company were down 1.87% at 152.10 pence Thursday afternoon.
By Arvind Bhunjun; [email protected]; @arvindbhunjun
Copyright © 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
AFR.L