News Oil & Gas

Angus NED Paul Forrest sells 16.5m shares

Angus Energy plc non-executive director Paul Forrest sold 16.5 million ordinary shares of 0.002p each at an average price of 1.8 pence per ordinary share.

Following the sale for £297,000 on 14 April 2023, Mr Forrest’s total shareholding in the company is now 483,356,061 ordinary shares, representing 13.46% of the issued share capital.

He has to date sold 39.5 million shares in Angus for approximately £703,000.

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.