4th Apr 2013 07:00
Not for Distribution to U.S. Newswire Services or for Dissemination in the United States
Ithaca Energy Inc.
Officers' Share Purchases
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) announces that on April 3, 2013 three Officers of the Company increased their beneficial shareholdings in Ithaca, purchasing a total of 65,000 Common Shares.
Iain McKendrick (Chief Executive Officer) acquired 30,000 Common Shares at £1.14 per share, increasing his beneficial holding to 205,465 Common Shares, representing approximately 0.08% of the issued share capital of the Company.
Graham Forbes (Chief Financial Officer) acquired 15,000 Common Shares at £1.14 per share, increasing his beneficial holding to 64,645 Common Shares, representing approximately 0.03% of the issued share capital of the Company.
John Woods (Chief Developments Officer) acquired 20,000 Common Shares at £1.12 per share, increasing his beneficial holding to 131,445 Common Shares, representing approximately 0.05% of the issued share capital of the Company.
Enquiries:
Ithaca Energy | ||
Iain McKendrick, CEO | +44 (0) 1224 650 261 | |
Graham Forbes, CFO | +44 (0) 1224 652 151 | |
Cenkos Securities plc | ||
Jon Fitzpatrick | +44 (0) 207 397 8900 | |
Neil McDonald | +44 (0) 131 220 6939 | |
RBC Capital Markets | ||
Tim Chapman | +44 (0) 207 653 4641 | |
Matthew Coakes | +44 (0) 207 653 4871 | |
FTI Consulting | ||
Billy Clegg | +44 (0) 207 269 7157 | |
Edward Westropp | +44 (0) 207 269 7230 | |
Georgia Mann | +44 (0) 207 269 7212 |
About Ithaca Energy
Ithaca Energy Inc. (TSX: IAE, LSE AIM: IAE) and its wholly owned subsidiary Ithaca Energy (UK) Limited ("Ithaca" or "the Company"),is an oil and gas operator focused on North Sea production, appraisal and development activities. The Company's strategy is centred on building a highly profitable North Sea oil and gas company by maximising production and cashflow from its existing assets, the appraisal and development of existing discoveries on properties held by the Company and the delivery of additional growth via acquisitions and licence round participation.
Not for Distribution to U.S. Newswire Services or for Dissemination in the United States
-ENDS-
Related Shares:
IAE.L