25th Jun 2014 09:14
LONDON (Alliance News) - Mediterranean-focused upstream oil and gas company Sound Oil PLC Wednesday said Chief Executive Officer James Parson bought 148,837 shares at a price of 10.75 pence per share Tuesday.
Following this transaction, Parsons holds 787,594 shares, representing 0.24% of the issued share capital.
The company also said Andrew Hockey has decided to step down from his role as chairman following the company's annual general meeting, being held Wednesday.
Shares were up 3.1% at 10.70p Wednesday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
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