21st Jul 2014 10:49
LONDON (Alliance News) - Clontarf Energy PLC Monday said a group of directors were issued loan shares at a price of 0.75 pence per share.
Details are as follows.
Director | Directors Loan Shares |
|
|
John Teeling | 31,906,122 |
David Horgan | 11,108,655 |
James Finn | 27,287,855 |
The oil and gas company also said Chairman John Teeling sold 16 million at the same price to family members worth GBP12 million.
The total shareholdings are outlined below.
Director | Existing shareholding | Directors Loan Shares | Disposal | Resultant shareholding | % of enlarged share capital |
|
|
|
|
|
|
John Teeling | 22,286,633 | 31,906,122 | 16,000,000 | 38,192,755 | 9.98 |
David Horgan | 10,842,233 | 11,108,655 |
| 21,950,888 | 5.73 |
James Finn | 11,024,867 | 27,287,855 |
| 38,312,722 | 10.01 |
Shares wereup 5.1% at 1.02p Monday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2014 Alliance News Limited. All Rights Reserved.
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