Angus Energy plc said that on 6 April 2023 non-executive director Paul Forrest sold 13,000,000 more ordinary shares of 0.002p each at an average price of 1.8 pence per ordinary share.
Following the sale for around £234,000, he now holds 499,856,061 ordinary shares representing 13.92% of the company’s issued share capital.
Mr Forrest is the owner and sole director of Forum Energy Services Ltd, which sold 100% of Saltfleetby Energy Ltd to Angus in May 2022.