Finance News Oil & Gas

Harbour investor sells 6.7m shares for £13.7m

Harbour Energy plc reported that institutional investors, closely associated with its chairman R. Blair Thomas, have sold a total 6,672,934 ordinary shares for an aggregate £13,746,244.04.

On 21 March EIG Separate Investments (Cayman) LP sold 6,653,009 ordinary shares each of 0.002 pence at £2.06 per share for £13,705,198.54.

On the same day, EIG Asset Management LLC, sold 19,925 shares at the same price for £41,045.50.

Mr Thomas is chairman and chief executive officer of EIG Partners and chairs its investment and executive committees.