Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

DIRECTOR DEALINGS: Amerisur Resources Directors Buy 498,000 Shares

9th Apr 2015 08:56

LONDON (Alliance News) - Oil and gas producer Amerisur Resources PLC Thursday said a group of directors bought shares on Wednesday.

Details are as follows.

Director

Role

Shares purchased

Price per Ordinary Share

John Wardle*

Chief Executive Officer

185,000

24.25p

 

 

63,000

23.75p

Nick Harrison

Finance Director

50,000

24.63p

Douglas Ellenor

Non-Executive Director

200,000

24.97p

* Purchased by Tracarta Ltd, in which Wardle has a beneficial interest.

Following the transaction Tracarta holds 17.6 million shares, Harrison holds 5.7 million shares and Ellenor holds 1.2 million shares, or 1.66%, 0.54% and 0.11% of the issued share capital of Amerisur, respectively.

The stock was trading up 3.3% at 23.50 pence Thursday.

On Wednesday, Amerisur said its pretax profit fell during 2014 as increased revenue was offset by a significant impairment charge, and said production in the first half of the year will be lower than in 2014, but will steadily increase in the second-half.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.


Related Shares:

AMER.L
FTSE 100 Latest
Value7,702.08
Change-352.90