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DIRECTOR DEALINGS: Rose Petroleum Chairman Sells Shares

25th Jul 2014 16:50

LONDON (Alliance News) - Rose Petroleum PLC Friday said Non-Executive Chairman Richard Needlam sold 1.9 million shares at a price of 3.92 pence per share, as part of restructuring his self-invested personal pension to allow a drawdown.

Following this transaction, Needham holds 2.1 million shares in the oil and gas company.

The stock closed up 6.4% at 4.04 pence Friday.

By Anthony Tshibangu; [email protected]; @AnthonyAllNews

Copyright 2014 Alliance News Limited. All Rights Reserved.


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