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IN BRIEF: Longboat Energy CEO Helge Hammer buys GBP64,000 in shares

11th Jul 2023 11:58

Longboat Energy PLC - Norway and Malaysia-focused full-cycle exploration and production company - Chief Executive Officer Helge Hammer buys 240,000 shares at 26.7 pence each, worth GBP64,080, in London on Monday. Hammer says: "The directors believe there is significant value in both the company's existing assets and the future potential to be gained from its joint venture with Japex and its nascent South East Asia business."

Current stock price: 26.97 pence, up 5.8% on Tuesday

12-month change: down 27%

By Sophie Rose, Alliance News reporter

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Copyright 2023 Alliance News Ltd. All Rights Reserved.


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