26th Feb 2014 11:17
LONDON (Alliance News) - President Energy PLC Wednesday said Chairman Peter Levine purchased 390,112 shares at 30.85 pence per share Tuesday.
Following this transaction, Levine holds 76.4 million shares, which represents 19.32% stake in the firm.
The company also said Chief Executive Officer John Hamilton purchased 21,215 shares at 32.75 pence per share. He now holds 429,786 shares representing 0.11% of the issued share capital. Commercial Director Miles Biggins bought 15,165 shares at 32.82 pence per share and holds 176,841 shares total on Tuesday.
Shares in the energy company were trading up 5.7% 32.75 pence Wednesday morning.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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