22nd May 2019 17:02
LONDON (Alliance News) - Phoenix Global Resources PLC on Wednesday said Chair Michael Rake purchased another 300,000 shares in the company on Tuesday at a price of 22 pence per share.
The GBP66,000 deal follows a transaction on Friday last week in which Rake, who has previously chaired BT Group PLC and Worldpay Group PLC, bought 130,000 Phoenix Global shares for GBP26,884.
Rake's holding in the oil and gas exploration and production firm following both deals was 760,000 shares, equivalent to a 0.03% stake.
Shares in Phoenix closed up 0.7% at 21.40p on Wednesday.
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