2nd Apr 2015 08:55
LONDON (Alliance News) - Inspirit Energy Holdings PLC Thursday said Chief Executive Officer John Gunn bought 2 million shares at a price of 0.67875 pence per share Wednesday.
Gunn now holds 355.8 million shares, which represents a 50.75% stake in the firm.
The company also said Chief Operating Officer Niel Luke opted to accept shares in lieu of his back dated fees of GBP33,000. The board has agreed to convert this fee by issuing 3.3 million ordinary shares at a price of 1p per share which will constitute his entire holding.
Shares in the renewable energy company were up 25.9% at 0.850p, one of the best performers on AIM Thursday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
Inspirit Energy